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Published byCordelia Lee Modified over 8 years ago
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Data Sets too Large & Complex for Companies to Manage Within Traditional IT Systems 3 “Vs” › Volume › Velocity › Variety Opportunity
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Nearly Impossible to Use in Past Years Now Available Thanks to Rising Data and Lowering Tech Prices Big Data Creates an Edge for Small Businesses 50% of Working Population Employed by Small Businesses Big Data can Help to Enhance Product Quality, Improve Marketing Operations and Further Customer Relationships
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Developing Intensive Cloud Applications with Iterative Quality Enhancements (DICE) Rental of Big Data Resources Through Cloud Computing Cost Effective › Only Paying For the Amount of Time in Use Levels the Playing Field
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Bed & Breakfast Business Varies Throughout the Year Using Analytic Tools to Construct a Spreadsheet On Basis of Time of Year, Market Conditions, etc. New Prices Pinpointed Down to the Week
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New Online Clothing Store Using Big Data to Analyze Relationships Between Social-Media Conversations and Buying Trends Pinpoint How a Site Visitor Moves From Page to Page Capitalize on Emerging Sales Opportunities
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