Report : Big data and its business impacts

Added on - 06 Jun 2020

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Uses of Big DatainBusiness Organizations
Table of ContentsINTRODUCTION...........................................................................................................................1Project Objective.........................................................................................................................1Project Scope...............................................................................................................................1Literature Review and Research gap...........................................................................................1Research Questions/Hypothesis..................................................................................................3Research Design and Methodology............................................................................................3Research Limitations...................................................................................................................5Time Schedule (Research plan)..................................................................................................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
INTRODUCTIONIn today's world as digitalization is increasing there is great requirement of the datastorage. Large business firms like google are facing this issues at more higher rates as every daymillions of people living in different countries are uploading the data (González, Aliagas andValero, 2014). Further, maintaining, updating and regulating the data creates many issues to suchcompanies. In order to improve the performance, operational activity and take intelligentdecision such entities must improve their data storage capacity, speed, reliability and flexibilityof the system. Moreover, these technologies must be small, compact and should be convenientfor the storage. Present report focus on how big data are stored in the business organizations.Project ObjectiveFollowing are the objectives of the report:To understand the ways by which data are stored in the organisation.To analyse the technological advancement in data storage.To identify the ways by which companies like Google, Microsoft are storing andmaintaining their data.To recommend new ways by which data storage can be easily manage by such entities.Project ScopeFollowing project report is based on the understanding related to large data storage in thefirms like Google and Microsoft. In this, focus on the technology and data storage methods areshown which are helpful to many IT and non-IT companies. Further, ways are suggested bywhich data can be easily accessed, monitored and can be easily updated.Literature Review and Research gapDifferent details associated with the research are mentioned. In this context, here briefdetails about the topic is provided where research gap is also stated. Further, research question isformulated as the beginning of the further analysis.As per the case study taken, in Google, millions of people are uploading trillions of dataevery year which they have to maintain, update and process as per the requirement (Dekker,Marti-Renom and Mirny, 2013). Further, information in the companies are not fixed and existingorganisations are unable to find the solution to maintain and store such amount of information.These are the issues faced by every firms. Big data is totally associated with the new aspectswhere processing, personnel and technological part are combined. In order to accomplish and1
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