Everybody is talking about 'big data' but what does it actually mean? If harnessed correctly, 'big data' represents an opportunity to grow or improve business operations. As a finance professional, you need to understand the basics of the term both from a technical and business perspective, and understand the opportunities it presents for your organisation.
This course will introduce you to the main concepts behind the phrase 'big data', so you can understand how to use data more effectively across your business. It will also demystify some of the terms that are used, helping you cut through the hype and understand how it can deliver value for your organisation.
This course enables you to:
- understand the basic ideas behind big data, its key characteristics and the business opportunities it offers
- identify the three categories big data falls into; structured, unstructured and semi-structured
- build and maintain a big data system using a number of different technology components
- understand how value can be derived from big data.