I'm wondering if big data actually costs money. I mean, is there a financial aspect associated with collecting, storing, and analyzing large amounts of data? Or is it just a matter of having the right technology and infrastructure in place?
5 answers
Alessandro
Fri Nov 01 2024
Open Source Big Data provides software solutions at a relatively low cost.
Dario
Thu Oct 31 2024
Despite the low software costs, the hardware requirements for Big Data can be significantly expensive.
CryptoAlchemy
Thu Oct 31 2024
Big Data offers numerous business benefits, particularly in areas such as Risk Management and Fraud Management.
ZenMindful
Thu Oct 31 2024
Another key benefit of Big Data is its ability to provide valuable Customer Insights.
Martina
Thu Oct 31 2024
When considering implementing Big Data solutions, businesses must evaluate all associated costs.