Which Of The Following Characteristics About Big Data Is Not True?
The first and the most important question that can be asked before a company adopts big data is: “What is the cost of using big data?” At least, this is a question that can be answered. Of course, we are not talking about the cost of implementing such a solution. Rather, we are referring to the cost of maintaining an information-management system that is robust enough to handle the traffic that will come its way. This means answering the question: what is the cost of big data?
Big data has become a reality. Data centers store terabytes and petabytes of data daily. There is no doubt that this level of storage will reduce the cost of providing IT services. There is also no doubt that IT professionals will have to use more tools and spend more time to understand, manage and utilize this new architecture. There is no doubt that IT departments will have to adjust their skill set accordingly.
However, the cost of storage does not reflect the entire value of big data. One example is mobile applications. They consume a lot of memory. However, there is no need for any IT department to buy a server because every mobile device uses the same infrastructure as a tablet computer or a smartphone. In fact, many of these devices run on a data network instead of a local network.
Just imagine the number of mobile devices that are currently in use. This fact may reduce the capital expenditure involved in the IT setup. A data centre that houses several mobile applications may only require one IT staff member to manage and maintain the network.
Some people worry that their applications will slow down because of too much data. However, this is not usually the case. Often, the application can easily scale up and down without any noticeable decrease in speed.
Many users are concerned about privacy and security. However, big data normally enables you to gain access to data in a more efficient way than with traditional methods. You may use it to make insightful decisions based on past trends. For instance, if you are interested in which of your competitors are most likely to launch new products, you can use past purchase data to make informed guesses. This may help you prevent overspending.
One thing that is often overlooked is the potential impact of social media. People typically share data on Facebook and Twitter. If these platforms were to suddenly disappear, users may lose access to all their data. However, this is not usually a problem if the apps being used are secured.
Now that you know the answers to the question “which of the following characteristics about big data is not true?” you have a greater understanding of how it can improve business. With social networks, data is automatically updated. You can use it to make smart decisions. By combining this information with accurate demographic data, you can provide better services or goods to your customers.
Some companies have already made big data investments. They include Mapquest, Nextag, and Google Maps. The aim is to reduce the time spent driving through streets. You may also use it to get a feel for which areas people prefer, according to age, income, and other factors.
Once you’ve begun to use big data, the only question left is how it will change your business. How will you use it to enhance the way you conduct business? How will you determine whether a product works or not? How will you deal with customer service issues?
The truth is that no one person has the answer to which of the following characteristics about big data is not true. Only experts can provide that knowledge. You can’t rely on your employees or on the people in charge at Google or Microsoft. Neither can you rely on whoever happens to own Map Quest or Live Maps. There are too many variables involved in any decision you make, and the answers can change in a moment.
If you’re still asking which of the following characteristics about big data is not true, you may as well throw your money away. No company can supply you with the answer. If you still have questions, though, it’s time to start asking. The sooner you get started, the sooner you’ll have the answers to those questions that will change the way you conduct business. Don’t just accept the answers you’re given; get as much information as you can, and then decide. The best decisions come from a passionate commitment to improvement.