Big data refers to huge and growing collections of data that are intended to grow rapidly. Big data technology focuses on finding patterns in a company's data to simplify the future. Some pros of big data include quickly recognizing errors, real-time fraud detection, identifying trends, helping make money, and expanding companies. Cons include the difficulty using data analytics software and small failures potentially leading to big losses. How people interpret data can differ, and interpretations may be good or bad depending on the person.

1. BIG DATA

2. THIS IS KAUSTUBH SRIVASTAVA
CURRENTLY PURSUING
BTECH IN CSE
FROM SRM CHENNAI

3. 'Big Data' is a term used to describe
collection of data that is huge in size
and growing exponentially and intend
to grow at much faster rate.

4. IMPORTANCE
Big data technology focuses on finding
hidden threads or patterns in the
company’s data to make the future
simpler.

5. PROS
Quickly recognize errors
Real-time fraud detection
Trends
Can be really helpful in money
making
Expansion of company in future

6. CONS
Difficulty in usage of data analytics
softwares
Small failure can lead to big losses
Technologies and strategies have to be
developed

7. STEPHEN FEW
“Numbers have an important story to tell,
they rely on you to give them a voice.”

8. SUSAN ETLINGER
She has the same story to tell as quoted
by Stephen few
His son's autism was detected correctly
but was interpreted in a wrong way .

9. TWO KEY INSIGHTS
There is a
difference
between how
people interpret
the data
For some people
that
interpretation
may be good and
for some it may
be bad

10. The big data example
Transportation services uses big data to
know the future count of the people
traveling ,but by this they can also
increase the fair of the transport.

11. PROS CONS
The number
of transport
vehicles can
be increased
to make it
easy for the
people to
travel
They can
easily
increase the
fare stating
that the
number of
travelers have
increased

12. People’s perception matters the
most
If people see it as good for them in the
near upcoming ,they will support it.
If people do not see any kind of profit,
they will revolt against it ,though it
may be good for the late future

13. OVERVIEW
It depends on people how they want to
use the analysis ;companies will make
their profit and people will have to
interpret and give them a response

14. CONCLUSION
BIG DATA plays a vital role in our life
Its on us how we are able to use it for
the betterment of individuals and the
society

15. THANKS