Big Data – Its Role In An Enterprise
In Information Technology terminology, Big Data is referred to as the collection of the sets of data that are so large and complex that the data itself is really hard to store, capture, search, analyze, share, or visualize by the tools that are available. In the markets all around the world, these big data will usually appear during the attempt to know the trends of a business using the available sets of data. The environment and human genome are some of the different fields of research where the big data would also be found. There are limitations on the big data that will lead to a significant effect on the finance markets, internet search results, and business analytics. It will require a specialized software that is capable of the coordination on a simultaneous parallel processing of thousands of servers in order to precess big data.
You cannot put a lot of stress on the importance of these big sets of data especially when it comes to the operation of businesses during a time of uncertainty where the extinction or survival of the business will be depending on how fast the data will be processed in order to support the decision that needs to be done. There was an article that came out talking about the implication of big data on the industries in Ireland. The author provides his views on the big data and its use not just on the industries in Ireland, but also on the other industries around the world. One of the reasons why the companies in Ireland rely on the use of big data according to the article is because of the growth of the crisis happening in the Eurozone. But the effect of the double dip recession that is happening in Europe will also have an effect on the other industries around the world. It is normal for the industries around the world to rely on the use of big data in those situation, in order for them to have a competitive edge.
Because the processing of these large sets of data is beyond the reach of a lot of companies that are operating individually, a frame work that is collaborative will be expected from companies that are operating in several sections of the analytics and data science process and the sharing of results that are gathered from the data processing. Because the sales of smartphones today are overtaking the sales of personal computer, it is expected that big data analytics will be the nest big thing in the companies in Asia, Europe, and US that are investing in this type of field. There will be many companies that will show interest in deep learning and machine learning when it comes to the information integration of data processing. The enterprise analytics in data governance includes M2M and Iot. Meta-driven integration will provide a lot of help in big data processing.