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Big Data Impact.pdf

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Preview of Big Data Impact
🔗 Source: virtusinterpress.org
📊 Size: 926 KB
👤 Author: Yaroslav
⬇️ Downloads: 73

Summary

Big Data has a significant impact on the retail industry, with its Volume, Variety, and Velocity (3V's) affecting data analysis and decision-making. A study analyzed four factors (data source, data analysis tools, financial and economic outcomes, and data security and privacy) and found that financial and economic outcomes have a strong relationship with data analysis tools. Retail organizations using data-driven decision-making (DDD) have higher output and productivity, and the use of SMART PLS data analysis methods shows a positive relationship between DDD and performance in aspects such as inventory utilization, customer engagement, and market value.

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Description

Big Data has a significant impact on the retail industry, with its Volume, Variety, and Velocity (3V's) affecting data analysis and decision-making.

Technical Information

  • File Format: PDF
  • File Size: 926 KB
  • Pages: 13
  • Language: EN
  • Author: Yaroslav
  • Total Downloads: 73
  • Last Updated: 1 week ago

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This PDF document about Big Data Impact provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Big Data Impact.

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