1. Who was the first person, that used the term Big Data in the way that it is used today?

2. What is Big Data?

3. Collecting and storing big data alone isn't enough to produce real business value. Analytics is neccessary to:

4. For which type of data is it typical, that it is difficult to organize using traditional mechanisms and programs like Excel?

5. Connect the specific information with the type of data.
16.04.2017
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An image
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A Website
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John Smith
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+316 127 2275
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E-mail
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Social media comment
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6. Which kind of data is created by everything from planes and elevators to traffic lights and fitness-monitoring devices?

7. Connect the V's of Big Data with the correct dimension they belong to.
Volume
The economic value of the data.

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The trustworthiness of the data in terms of accuracy in quality.

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The magnitude of the data being generated.

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The speed at which data is being generated and aggregated.

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The different types of data.

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Veracity
The economic value of the data.

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The magnitude of the data being generated.

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The speed at which data is being generated and aggregated.

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The different types of data.

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Velocity
The economic value of the data.

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The magnitude of the data being generated.

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The speed at which data is being generated and aggregated.

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The different types of data.

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Value
The economic value of the data.

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The trustworthiness of the data in terms of accuracy in quality.

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The magnitude of the data being generated.

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The speed at which data is being generated and aggregated.

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The different types of data.

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Variety
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The magnitude of the data being generated.

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The speed at which data is being generated and aggregated.

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The different types of data.

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8. Write down 3 different challenges of Big Data.

9. Choose one or more benefit that Big Data can bring to a business if used correctly.

10. In which industry, real time pricing could be the result of research and analysis of Big Data brough in by its consumers?