Many big organizations including IT companies have a proper use of data to provide the valuable information and services; this big data helps them to develop information and can make a perfect product also. It is very reasonable and cheaper to store big data easily. There are many benefits to having big data for companies, big data generally helps to find the answers to such complex questions which are unanswerable at times. Many problems with every question can be found easily because having a lot of data can be very useful. Big data are used for the development of the product create amazing and fullfledged data and also gather positive customer experience. It helps in better operation of the business as more and more amount of data is available for usage and conversion into valuable things. Having big data is helpful for business as it helps to make better strategies and plans for the business. Big data helps to grow many companies and grow business as well. Small business can reap the benefits of big data very easily and can help to compete with big business also. A lot of data can also help to increase sales and the hiring process of employees also become easier. There are many tools to store big data and if used wisely these tools can help to store a large number of big data which can help the company and users too. There are mainly two types of big data i.e. Structured big data and Unstructured big data. A structured type of big data can be easily analyzed and stored but the unstructured type of data cannot be easily analyzed and stored. There are basically 3’ V’s of Big Data Volume Velocity Variety VOLUME: Big data is used to analyze all the transactions and information ie from where the transactions and information are made/ gathered and later on it helps to store a large volume of big data VELOCITY:
It checks the velocity/speed of the data that needs to be processed. There are a lot of applications that handle the velocity of big data’s. an application like Amazon and Flipkart are the examples of handling the big data. VARIETY: Variety suggests the variety of data’s such as structured and unstructured data and the identification can be made by comparison between two data’s Nowadays there is a great importance of big data in the business field such as – Big data are cost saving for the company’s and can be proven cost efficient for the business It helps to understand the market conditions also and attract many customers that may help to grow the business online. With big data analysis tools, it becomes easier to take feedback and make certain improvements which may be beneficial for the business. Learn how to handle Big Data from Madrid Software Training Solutions which is one of the best Hadoop Institute in Delhi.