Big Data - Thematic Research
Summary
LONDON, July 19, 2018 /PRNewswire/ -- Big Data - Thematic Research Summary Big Data has emerged in response to the exponential growth in data, which is itself the result of a combination of technology trends, including (but not limited to) the ubiquity of mobile devices (including smartphones and tablets), widespread use of social media and the rise of the Internet of Things (which refers to the concept of connecting physical objects - like clothes, watches, cars, fridges, heaters and factory machines - to the internet). Download the full report: https://www.reportbuyer.com/product/5471805 Several prominent businesspeople and a number of leading publications have described data as "the new oil", capable of generating significant value if used in the right way. Big Data has applications across industries, from providing detailed customer profiles for retailers to improving the drug discovery process through the use of predictive modeling. The opportunities available to those companies that can harness the power of Big Data are clear and wide-ranging, but it is not a one-size-fits-all solution; businesses need to tailor their approach to their own specific requirements and use cases. Scope - Big Data has applications across industries, from providing detailed customer profiles for retailers to improving the drug discovery process through the use of predictive modeling.
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