What big data is used for?

by SMEBOOK (admin) ยท April 13, 2020

Big data analysis has a lot of capabilities and can be quite helpful in following:

  • Descriptive Analysis: focusses on analysis of an event that happened in the past
  • Diagnostic analysis which helps to understand the reasons behind the occurrence of a past event
  • Predictive Analysis: this concentrates on the events the are most likely to happen in the future
  • Prescriptive Analysis: focusses on how we can affect or alter those future events
What big data is used for?

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