News / Blog: #big-data

Big Data - Hype or Essential for Success?

Big Data is a much-discussed topic and has both advantages and disadvantages. On the one hand, companies can achieve many benefits through the use of Big Data, such as better decisions, more efficient business processes, improved customer satisfaction and improved product quality. On the other hand, the use of Big Data can also lead to problems, especially with data privacy and data security.

So it's difficult to say whether Big Data is essential to success or not. It depends on how a company uses the data and how it ensures data protection and data security. If these aspects are properly evaluated, Big Data can be an important ingredient for success.

What is Big Data?

Big Data refers to a collection of very large and/or complex data sets that are too complex to process using traditional data processing methods. Big Data can come from a variety of sources, such as text, audio, video, or images, and can be used for analysis to provide insights that aid in decision making.