ACCORDING TO WIKIPEDIA "Big data" is a field that treats ways to analyze, systematically extract information from, or otherwise deal with data sets that are too large or complex to be dealt with by traditional data- processing application software.
A REAL-LIFE EXAMPLE OF BIG DATA Retail Industry Companies now can monitor various models and trends in terms of customers. The more business data is collected, the more patterns and trends can be theoretically identified by the business. In the current technological era, companies can easily capture all the customer data needed. This means it's very easy to understand modern customers.
TRANSPORTATION INDUSTRY Big Data helps solve some of the worst traffic problems by using machine training to identify better ways to reduce traffic management problems. The Artificial Intelligence application can use in- depth training to use monitoring data to identify traffic problems and provide solutions to these problems
MEDICAL INDUSTRY Big Data reduces maintenance costs by reducing the possibility of unnecessary diagnoses. It helps in predicting outbreaks and in determining the precautions that can be taken to minimize the consequences of an epidemic.
IT INDUSTRY In IT big data, extensive data and machine training are used to analyze systems and application logs to actively identify problems and more effectively warn administrators.
SO, IRRESPECTIVE OF INDUSTRY BIGDATA HELPS COMPANIES WITH THESE BENEFITS Better business solutions Customers Understanding Deploy smarter services or products Improving business processes Generating Revenue
FINAL THOUGHTS There is no doubt that big data will continue to play an important role in various industries throughout the world. This can definitely do wonders for business organizations. To get more benefits, it's important to train your employees to manage large amounts of data. With the right big data management, your business becomes more productive and efficient.