Describe why big data has become a hot topic in the business

Describe why big data has become a hot topic in the business world.

Pick a company and explain what it does.

Identify an example of one table of data that the company might have and seven data fields that it might collect for that table. For example, every bank has a table that contains all customer personal information, including last name, first name, social security number, account number, street address, city, state, and ZIP code. (Note: Street address, city, state, and ZIP code are all different fields)

Solution

Big Data is nothing but a huge data or large volume of data. With BIg Data companies will be knowing what their customers really need not only that, we browse many things and search many things these qureies being stored in structured and unstructured. With the analysis of this large amount of data we know that the needs, desires, ect,. of the customer will be known. not only cutomers in many areas like this. Big Data is useful in marketing, surverys, for the growth of the company, company can know their flaws. Many reasons like this made Big Data a hot topic in this present world.

For Example take Amazon e-commerce company. It has been seelling many products but you dont like the products which i like. I like to view or see the products those which i like and as per my daily requirements. So, i browse those kinds. Here, amazon analyses the data coming from my side and gives me or shows me the links as the advertisements or as recommended ect., which are related my browsing. If we take as a table its a Structured data. As of my browsing there consists of name, id, type, ect., related my viewed product. TO that table many columns going to be added after analysis like related products for that products product id\'s, names ,categories, ect,.