Page 105 - BA1 Integrated Workbook STUDENT 2018
P. 105

Information and knowledge management




                           Big Data





                           Big Data is a term for the collection of data which is so large that it
                           becomes difficult to store and process using traditional techniques and
                           data processing applications.


               3.1   The features of Big Data



                                                     Variety





                                         Veracity               Velocity





                                                     Volume



               3.2  Benefits and drawbacks of Big Data

                Benefits                                      Drawbacks

                Drives innovation                             Difficult to convert into useful information

                Helps create competitive advantage            Lack of skills within the organisation
                Improves productivity                         Data security and data protection issues




                  Illustrations and further practice



                  Now review Illustrations 2 to 6 and TYU 2 and 3 in Chapter 10 of the text.















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