Information Systems: Big Data Analysis and its Business Impact

This report provides an overview of big data analysis within the context of information systems, emphasizing its importance for businesses. It highlights the challenges associated with managing and analyzing large volumes of data, including the lack of understanding of complex data, integration from different sources, and data security. The report defines big data analysis and mentions techniques like machine learning, A/B testing, and statistics. It also outlines the characteristics of big data (Value, Velocity, Variety, Volume, Veracity, Visualization, Volatility) and discusses how big data technologies support business by enabling organizations to seize market opportunities. The document concludes with a reference to research on big data analyses related to wearable robots in social network services.

History on big Data
There are many organisations are present in the market
which has huge number of customers. These customers
has creates huge data which is required by the company to
stored and managed in effective manner. The importance
of data are very high in the organisation because it is used
by the company in their marketing functions which is one
of the most important and valuable aspect of the
company. The management of the data are very important
for the success of the marketing framework of the
organisation
Information Systems and Big Data Analysis
Name of the Student
What is big Data
Big data analyses refers to those process
under which the large amount of data are
controlled an managed by the organisation.
Characteristics of Big data
Value
Velocity
Variety
Volume
Veracity
Visualization
Volatility
The challenges of big data
analytics
• Lack of proper understanding of
complex data
• Integration of data from different
sources
• Securing data
References
Ru, H. and Koo, S.H., 2021. Big data analyses on key terms
of wearable robots in social network services. International
Journal of Clothing Science and Technology.
How Big Data technology could support
business & Examples
The big data technologies has played important role in the
growth and success of the organisation. It helps the
organisation to grab different types of opportunities from the
market which is very popular in the market. There are many
technologies are present in the market which makes the big
data more understandable and reliable for the company.
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Techniques that are currently
available to analysis big data
Machine learning
A/B testing
Statistics