Summary Unit 10 Big Data - Assignment 1 Distinction

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BIG DATA
Investigation of big data within business analytics

Presented by Kaloyan Titov

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CONTENT

1. Reasons why organisations analyse data
2. General challenges of analysing data
3. The ethical and legislate factors
4. Types of data and sources available
5. Storing Data
6. Data warehouses and Data Marts
7. Analysing big data
8. The different types of business analytics
9. The benefits and challenges to organisations

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WHY ANALYSING DATA?

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UNDERSTAING THE AUDIENCE REDUCE COSTS
Once you establish what products a suitable for Analysing data will help you run smooth and effective
what clients, you can determine areas that you business. With analysis data, you can determine the
will focus on and for which customers. part of your business that uses unnecessary finances
and those that need more financing.


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NEW IDEAS HELP SOLVE PROBLEMS
Analysing data can give you a rough idea of any
future marketing that is based on customer With analysing data, you will be
behaviour which you can implement later on. able to take the correct decisions.