The Ultimate Guide to Big Data for Your Business
The Ultimate Guide to Big Data for Your Business
Big data refers to a huge and complex chunk of data that is difficult to process using traditional methods. It is generally an amalgamation of structured, unstructured, and semistructured data that is collected by organizations on a daily basis. This data can be used to mine information and for machine learning, predictive algorithms, and many more analytical applications. The amount of data is not necessarily important, but how the organization uses that data is critical.
Types of Big Data
Big data is mainly classified into three categories:
- Structured Data has some predefined properties that make it easier to search and analyze. These types of data are backed by a value like type, length, size, etc. For example, “units produced a day” is an entry that has defined a product type and amount.