Date First Published: 21st February 2024
Topic: Computer Systems
Subtopic: Computer Software
Article Type: Computer Terms & Definitions
Difficulty: MediumDifficulty Level: 4/10
Learn about what big data is in this article.
Big data is a digital technology which allows businesses to collect and combine data from multiple sources. It does not describe a specific amount of data, but is used to describe analysing and handling data in the petabyte and exabyte range, which cannot be processed using traditional database software or a single computer.
Big data can be analysed computationally to reveal patterns, trends, and associations. It enables businesses to gather data from social media, web visits, call logs, and other sources. The data can be collected from publicly shared comments on social networks and websites or gathered through questionnaires, product purchases, and electronic check-ins. It is most often stored in computer databases and is analysed using software that is specifically designed to handle large, complex data sets.
Data analysts also look at the relationship between different types of data, such as purchase history to spot trends and correlations. Most departments can use findings from data analysis for marketing purposes. Companies can use this data to improve operations, provide better customer service, create personalised marketing campaigns, and more. Both historical and real-time data can be analysed to assess the changing preferences of consumers or corporate buyers, allowing businesses to become more responsive to customer wants and needs.
Examples of big data are:
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