What are the common business problems addressed by big data analytics? in the era of big data, are we about to witness the end of data warehousing? why?

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03-08-2022
Business

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What are the common business problems addressed by big data analytics? in the era of big data, are we about to witness the end of data warehousing? why?

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smecloudbird18 smecloudbird18 · Answer 1 · 2022-08-12T06:35:52-04:00

The common business problems addressed by big data analytics are as follows:

Business analytics solution fails to provide new or timely insights: The insights provided by new system are of the same level and quality as the ones one had before.

Inaccurate analytics: There is nothing worse for a business than the inaccurate analytics and this issue is always addressed as soon as possible.

Using data analytics is very complicated: If using data analytics becomes too complicated, one may find it difficult to extract value from the big data.

Long response time of system: The system takes too much time to analyze the data even the input data of the data analytics is already available, and the report is needed at this time.

Expensive maintenance : Any big data system requires ongoing investment in its maintenance and infrastructure.

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