UGC Approved Journal no 63975(19)

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Published in:

Volume 10 Issue 11
November-2023
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2311008


Registration ID:
527352

Page Number

a57-a65

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Title

Big Data Analytics: Prospects, Challenges, and Applications

Abstract

In the era of the fourth industrial revolution (Industry 4.0), big data has major impact on businesses, since the revolution of networks, platforms, people and digital technology have changed the determinants of firms’ innovation and competitiveness. An ongoing huge hype for big data has been gained from academics and professionals, since big data analytics leads to valuable knowledge and promotion of innovative activity of enterprises and organizations, transforming economies in local, national and international level. In that context, data science is defined as the collection of fundamental principles that promote information and knowledge gaining from data. The techniques and applications that are used help to analyze critical data to support organizations in understanding their environment and in taking better decisions on time. Nowadays, the tremendous increase of data through the Internet of Things (continuous increase of connected devices, sensors and smartphones) has contributed to the rise of a “data-driven” era, where big data analytics are used in every sector (agriculture, health, energy and infrastructure, economics and insurance, sports, food and transportation) and every world economy. The growing expansion of available data is a recognized trend worldwide, while valuable knowledge arising from the information come from data analysis processes. In that context, the bulk of organizations are collecting, storing and analyzing data for strategic business decisions leading to valuable knowledge. The ability to manage, analyze and act on data (“data-driven decision systems”) is very important to organizations and is characterized as a significant asset. A huge repository of terabytes of data is generated each day from modern information systems and digital technologies such as Internet of Things and cloud computing. Analysis of these massive data requires a lot of efforts at multiple levels to extract knowledge for decision making. Therefore, big data analysis is a current area of research and development. The basic objective of this paper is to explore the potential impact of big data Prospects, Challenges, and Applications .

Key Words

Big data ⋅ Big data analytics ⋅ Performance ⋅ Enterprises Knowledge management ⋅ Internet of things (IoT)

Cite This Article

"Big Data Analytics: Prospects, Challenges, and Applications", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 11, page no.a57-a65, November-2023, Available :http://www.jetir.org/papers/JETIR2311008.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Big Data Analytics: Prospects, Challenges, and Applications", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 11, page no. ppa57-a65, November-2023, Available at : http://www.jetir.org/papers/JETIR2311008.pdf

Publication Details

Published Paper ID: JETIR2311008
Registration ID: 527352
Published In: Volume 10 | Issue 11 | Year November-2023
DOI (Digital Object Identifier):
Page No: a57-a65
Country: Hyderabad, Telangana, India .
Area: Science & Technology
ISSN Number: 2349-5162
Publisher: IJ Publication


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