To start with, Big Data is the collection of data in huge volumes. Think terabytes and petabytes. The data grows exponentially with time. It is so large and complex that special systems have been designed to store and process it efficiently. There is evidence now that basing a business decision on computer-based data is more effective and efficient than those generated by humans. What Can Big Data Tell You? The use of big data allows businesses to see patterns and trends. Data-driven decisions allow businesses to know much sooner which products and services will be successful. In the real estate…
Using Big Data When Deciding Where to Buy a Vacation Rental Property