ANALYTICS AND BIG DATA
Big Data is a popular term used to describe the exponential growth and availability of data, both structured and unstructured. And big data may be as important to business—and society—as the Internet has become. Why? More data may lead to more accurate analyzes. More accurate analyzes may lead to more confident decision making. Better decisions can mean greater operational efficiencies, cost reductions and reduced risk. Good data governance only multiplies the value of big data. Big Data has big value, it also takes organization’s big effort to manage well and an effective governance discipline can fulfill its purpose, facing big data exponentials, content, and applications: Aps.
Consumers have been pledging their love for data visualizations for a while now, and data mining with multimedia discovery is the area being explored. There is emerging a debate about the relative importance of ever-bigger data versus ever better predictive techniques to avoid bigger data. Not enough people have the necessary skills to make rigorous use of data. It’s been more than 70 years since American national technology policy that Vannevar Bush famously declared “there is a new profession of trail blazers that find delight in the task of establishing useful trails through the enormous mass of the common record.”