What does 'big data' refer to in the context of data analytics? 🔊
In the context of data analytics, big data refers to vast and complex datasets that traditional data processing tools cannot easily manage. Big data encompasses the three Vs: volume, velocity, and variety, which describe the enormous quantity, speed of generation, and diversity of data types. Proper analysis of big data facilitates insights that drive innovation, decision-making, and strategic planning in organizations.
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