9. Contemporary applications of big data in business
Big data analytics on personal computers (PCs) transform business in several ways:
1. Market analysis: Helps
understand directions and customer choices.
2. Sales prediction: Predicts
sales accurately for better planning.
3. Risk management: Discovers scam
and manages risks in real-time.
4. Offer chain improvement: Simplifies
operations and reduces costs.
5. Customised marketing: Designers
marketing efforts based on customer data.
6. Product development: Uses
feedback to improve products and creative.
7. Operational efficiency:
Identifies weaknesses and improves processes.
8. Healthcare analytics: Enhances
patient care and medical research.
9. Energy management: Monitors
energy usage for cost savings and continuity.
10. Cybersecurity: Discovers and reduces
cyber threats to protect data and systems.
These applications show how big
data on PCs drives business increase and innovation across various sectors.
Contemporary applications of big data in business
