Big data plays a crucial role in business intelligence (BI) by providing the raw material for valuable analytics insights and supporting data-driven decision-making. This interesting topic came to us from KD Nuggets in their article, “Big Data Analytics: Why Is It So Crucial For Business Intelligence?“
Big data is often generated and updated at high speeds. Real-time or near-real-time data streams from sources like social media, web logs and sensors can provide organizations with up-to-date information about customer behavior, market trends, and operational performance. Analyzing data in real time enables organizations to respond simultaneously with changing business conditions.
Big data analytics techniques such as data mining, machine learning, and predictive analytics are instrumental in extracting meaningful insights from large datasets. These techniques help organizations discover patterns, trends, and correlations for informed business decisions, optimized operations, the spotlighting of opportunities, and the mitigation of risks.
Making data accessible is something we know. Whatever the search, it is important to have a comprehensive search feature and quality indexing against a standards-based taxonomy. Choose the right partner in technology, especially when your content is in their hands. Access Innovations is known as a leader in database production, standards development, and creating and applying taxonomies.
Melody K. Smith
Sponsored by Access Innovations, changing search to found.