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Main Features of Big Data - Research Proposal Example

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The research proposal "Main Features of Big Data" different digital sources along with processes which include sensors, systems, social media exchanges along with mobile devices. This paper outlines big data has assisted business organizations in conducting their operations with the better engagement of customers…
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Main Features of Big Data
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Download file to see previous pages Additionally, big data also assists employees in working as a team. A proper analysis of big data has assisted business organizations in conducting their operations with the better engagement of customers, reducing fraudulent practices along with threats, and enhancing business revenue (UNC Charlotte, 2014; Moshood, 2013).
Management of business organizations with the assistance of big data is able to conduct business operations competitively in this changing business environment owing to increased globalization and the advent of modern updated technologies. In this regard, the management of business organizations uses big data with the aim of having a better understanding of the factors that are accountable for changes in the market environment. Subsequently, the information obtained from the analysis of the data will aid the management of business organizations in conducting their operations accordingly for better competitiveness (Moshood, 2013).
In this context, the proposal paper emphasizes providing adequate information in relation to big data. Moreover, the importance of big data is revealed on the basis of which business organizations are able to conduct their operations competitively. An analysis will also be conducted in order to ascertain the role of big data in improving business performances.
According to Ahalt & Kelly (2013), big data signifies the amount of data collected by business organizations through various mediums that include feedbacks from social media, databases of customer services, web crawlers, and server logs. Big data is recognized to provide adequate information on the basis of which management of business organizations is able to formulate suitable strategies in accordance with which business operations can be conducted effectively. In this regard, adequate expertise is required for obtaining, organizing along with analyzing the collected data efficiently in order to derive meaningful insights.  ...Download file to see next pages Read More
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