Scott Koegler

Scott Koegler

Scott Koegler is Executive Editor for Big Data & Analytics Tech Brief

Big Data is Transformative for Many Businesses

Big data has become one of the most talked-about technologies in the world today. It refers to large data sets, structured or unstructured, coming from different sources. Among the data sources are customer databases, social networks, mobile applications, business transactions, medical records and scientific experiments. Today, companies are focusing on implementing architecture, consolidating data, and discarding legacy systems. Big data has shown immense potential for businesses because it helps companies manage large data volumes efficiently.

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Data Retention Policies Must Fit Your Big Data Strategies

Data retention policy (DRP) is an important component in an organization's enterprise data management strategy. As simple as it can be, an enterprise data management strategy cannot be complete without it. Basically, DRP is a set of rules that guides the processes of holding, storing and deleting information that an organization generates or handles. Despite appearing simple, building a comprehensive data retention policy manageable and compatible with the legal, government, and industry demands is complicated.

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Big Data is Being Changed

Big data is proving to be a valuable resource that organizations can no longer ignore, regardless of the size or industry. It has changed the management and corporate landscape for the better, taking away the past when a person with the most experience was relied upon to make big decisions regarding the running of organizations. Today, data, not instinct, drive decision-making, which has reduced the cost of operations for businesses while enhancing the accuracy of decisions. Although there has been significant development in big data and analytics, there is still some room for more improvement. Here are some big data trends you should expect going forward.

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