with its processing and analysis is very violated because by these processes generate new and valuable information, such process and analysis are the storage and processes of data are very important in the modern world that afflict in many areas of human activity, together with the operation of data, new methods and tools of services and concepts are created and one of them is directly with BIG DATA the term is used mostly by analysts and specialists.
Highly difficult, there is confusion in the size of the data set, the relativity in the size of data is understood in which big data cannot be processed with the most common methods of data processing available, it is also measured as terabytes or petabytes, according to which refers to big data therefore the large amounts of data its processing aims to obtain information or new treatments is therefore big data. Technology progresses and the evolution of the internet have developed the big data concept.
Volume Variety and Speed
Depositing storage and working large amounts of information is not new. These activities of large or small quantities are carried out for a long time, the big data theme was unveiled at the beginning of the new millennium, when it was created “BIG DATA” large amounts of information were separated at only 3 “V” Volume Speed Variety. This was analyst Doug Laney‘s idea.
In some part the first “V” (volume) is the compilation of data that is obtained from various parts and sources such as social networks, transactions, transferred data between devices. Although today modern technologies make it much easier to store in this type of data another part of the second “V” (speed) consists of the rate at which data is created and processed these activities have a timeframe, since data operations are expressly performed therefore the third “V” (variety) is the relationship with multiplicity of formats in which the data is delivered can be very structured or simply without specific structure such as: Text documents, attachments, e-mail messages etc.
Big Data In Economics
Big SATA is currently the main thing in the workings of so many economic sectors. Is a method that manages data that is extremely important. Because these processes mainly affect their value than the main thing is not quantity but quality and the way it processes. This data also improves the functioning of a spice industry, makes better decisions, supports the creation of good and effective strategies for operation, reduces time costs and authorizes the creation of offers very well adapted to the customer’s expectation. Actuality and up-to-date companies that use massive data, which analyzes efficiently and specializes, supports the functioning of companies and improves business processes. The developments provided by big data have been noticed by industries today this data are used by public party institutions that are: banks companies commercial manufactures and otrs.
BIG DATA IS THE FUTURE OF BUSINESS
The data that is generated and processed is almost countless and continues to grow globally and its body of information is unmistakable the data that exists and emerging is important in business although its value is only measured by specialized methods. Data provides very large opportunities for all areas of the economy if information is used correctly, allowing consumer behaviors to be created which creates and specifies profiles in customer nesection and provides an appropriate solution.
Relationship With Industry
This data Can also be used for very good profits for companies and customers by developing the strategy that corresponds to consumer megacities and generates profits for the company. Although concerns about data usage. Such a tool is controlled by the units of the European Union and the iGPDP (General Inspection for the Protection of Personal Data).
Lets the consumer and its necessities know thereby responding to their expectations it is possible to develop and increase the profits of the company. This information must be processed by a qualified staff who have experience using the data collected in a correct, professional and etic way.
The benefits of using these tools are undeniable, so this field is developing very dynamically. Favorable conditions are created by technological progress, thanks to which new tools are created for the processing and storage of data. The achievements of technology, the creation of new tools, enable even more effective analyzes, the effects of which are used in business and in many sectors of the economy.
Investment in the development of Big Data tools, whose purpose is to collect, data processing and analysis is an investment in the development and bright future of business, but not only. This data will be used by emerging smart homes and buildings, smart cities, health networks, businesses and industries, energy systems, measurement systems, environmental and hazard monitoring and many more. Without a doubt, this Data is the future of technology. Processing and exchanging data using clearly identifiable objects.