BIG DATA ANALYTIC AND FORECASTING

Abstract

The main goal of solutions in this area is the distribution of data storage and processing. Today, there are a huge number of architectural solutions and tools used for big data. The technology for storing and analyzing big data is promising based on forecast analysis. Big data characterized by various characteristics, referred to as “Vs”. Analysis of the literature shows that today the most important characteristic of big data is data heterogeneity. It is the analysis of heterogeneous data that can give tangible results when modeling data. Big data is a powerful tool that helps firms advance, improve bottom lines, and refine decision-making processes. This impact clearly demonstrated by the big data statistics and trends discussed in this article.