Big Data Management: Characteristics, Challenges, and Techniques

BMP4005
Information Systems and Big Data
Analysis
Poster and Summary Paper
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Contents
Introduction p
What big data is and the characteristics of big data p
The challenges of big data analytics p
The techniques that are currently available to analyse big data
p
How Big Data technology could support business, an explanation with
examples p
References p
Appendix 1: Poster p
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Introduction
Big data management refers to the process of managing large and complex data
of the organisation. As the organisation involves large number of customers and function
That increases the level of data in the organisation. The big data management are very
helpful for the business because it enables the organisation to analyse the number of
correlations in the organisation such as market tends, hidden patterns, taste and
preference of customers. The big data analyses helps the organization to extract as well
as to analyse the complex data in the management (Pera, 2019). There are many
organizations are present in the market which has used big data analyses because it
provides considerable support to the management to formulate the number of strategies
for the growth of their business. This report provide considerable information about big
data analyses and their characteristics. There are number of challenges are present
which the management faced at the time of big data analyses are mentioned in this
report. This report provides description related to support of technology for big data
analyses.
What big data is and the characteristics of big data
Big data refers to the complex and large amount of data which is present in the
organization. This data are developed due to the number of business functions such as
monetary transactions, financial reports, market trends and many more. The
management of this data is very important because this data are very helpful for the
development of strategies in the organisation. Big data analyses is one of the important
tool for the business of the organisation because it enables the organisation to take
effective decision which makes their business more competitive. It helps the organisation
to improve the overall performance of business (Ionescu, 2019). There are many
advantages are present in relation to concept of big data analyses. One of the important
advantage of this analyses is that it enables the management to grab the number of
opportunities in market. It helps the organisation to make their marketing framework
effective (Big data management, 2022). The concept of big data analyses are helpful for the
management to maintain the needs of customers and enables the organisation to deal
with the competition in the market. The big data present in the organisation are classified
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