Abstract & Overview
Big data is the data set which contains variety of data which increases on a daily basis in an organisation and also it has large volume of data with high velocity. It is the complex form of data which is usually identified from new set of data sources. It is widely used in most of the companies as it will have latest data which is useful to solve critical issues in the business or an organisation. BIG data has such large volume of data that it cannot be handled by simple data handling software and need latest technology software to handle such large volumes of data. The amount of data present in big data is so complex and large in volume that it needs skilled professionals to manage the data and requires efficient efforts to maintain it. Small businesses cannot afford to implement BIG data in their business due to its complex nature and also the cost factor is higher as compared to traditional data software. The paper will explain the various categories of big data, its importance, strategies and implementation process.