Abstract
Abstract: Big data analytics is a revolutionary method for processing massive and complicated datasets, analysing them, and drawing important conclusions from them. Big data's introduction has caused a paradigm change in data management and analysis, giving businesses previously unheard-of opportunity to gain insightful information and make informed decisions. This study explores how big data analytics affects how well organization’s function, concentrating on the methods and tools applied across a range of sectors. We undertook an empirical analysis of case studies from businesses in the retail, healthcare, and financial sectors after conducting a thorough assessment of the literature. According to our research, using big data analytics leads to better decision-making, increased operational effectiveness, and a stronger competitive advantage. Data quality, analytics tools, and corporate culture are the main success determinants. However, issues with data privacy and the necessity for qualified data experts make the effective application of big data analytics difficult. This study adds to our understanding of big data analytics' revolutionary potential and offers useful information for practitioners and decision-makers who want to use data to their advantage.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: International Journal for Research in Applied Science and Engineering Technology
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.