Information Systems & Big Data Analysis: Business Support & Examples
VerifiedAdded on 2023/06/10
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Essay
AI Summary
This essay provides an overview of big data, defining it as a collection of organized and unorganized information gathered from various sources, including market studies, user feedback, and industry data. It highlights the challenges associated with big data analytics, such as data growth, tool selection, and a lack of understanding. The essay also explores techniques used for big data analysis, including principal component analysis and linear discriminant analysis, along with the characteristics of big data, such as volume, variety, velocity, and variability. Furthermore, it discusses how big data technology can support businesses by improving product quality, enhancing decision-making, reaching capable users, and generating income. Examples and references are provided to support the discussion. Desklib offers a range of study tools and resources for students seeking further assistance with similar topics.