Big Data
Ümit Demirbaga,
Gagangeet Singh Aujla (),
Anish Jindal () and
Oğuzhan Kalyon ()
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Ümit Demirbaga: University of Cambridge, Department of Medicine
Gagangeet Singh Aujla: Durham University, Department of Computer Science
Anish Jindal: Durham University, Department of Computer Science
Oğuzhan Kalyon: Newcastle University, Faculty of Medical Sciences
Chapter Chapter 2 in Big Data Analytics, 2024, pp 9-30 from Springer
Abstract:
Abstract This chapter introduces the fundamental concepts of big data, offering a comprehensive understanding of its definition, key characteristics, and the widely recognised 5 Vs. The multifaceted challenges associated with realising the enormous potential of big data are explored, encompassing issues related to data collection, storage, privacy, security, and the complexities of deriving value from this extensive resource. In addition, avenues for harnessing the power of big data are investigated, including applying advanced analytics and machine learning, utilising data visualisation techniques, and implementing communication strategies. Lastly, a glimpse into the future of big data is provided, shedding light on emerging trends and directions that will shape its ongoing evolution and influence across various domains.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-55639-5_2
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DOI: 10.1007/978-3-031-55639-5_2
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