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Advantages Of Big Data

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There are many advantages of big data in the manufacturing and commercial industries along with the educational institutions. The error and faults can instantly handled by the professionals with the help of big data record. Instant reorganisation of errors can help the company in better implementation of the strategies regarding the development of the company. Big data also resolve the operational problems, which creates issues in the handling of the strategic function of the company. Big data also helps in preventing the customers from buying the products as it helps in providing the proper information of the product to the customers. Another important advantage of big data is that it helps in the improvement of the services of the company, …show more content…

The table also shows the strategies adopted by CIOs and CDOs in dealing the ethical issues. There are negative implications in Big Data industries, which have risen due to extra focus on collecting large volume and variety of data. Therefore, the National Security Agency targeted the professional who have attempted to collect large volume and variety of data regardless of the complications in their industries. Mainly the issue regarding the accumulation of large data is disclosing of personal data of the professionals in the big data industries, which can create harm both to the professional and to the industry. Therefore gathering large volume of data in big data industries are harming the individuals, which can affect the whole industries in rising …show more content…

the UAE government stressed that the company should understand and comply with the existing laws that introduced to the issues of big data such as Fair Credit Reporting Act (1681), equal opportunity laws (1964) and the FTC Act (38 Stat.717) (1914). The FTC continues to monitor the use of big data and bring enforcement actions against companies that violate law when using the big data prices. The Fair Credit Reporting Act looks on the risks of big data analytics, which include the inadvertent discrimination, based on inaccurate formula, aggravating disparities between high and low income communities, the exposure of sensitive information. It also looks upon an increase in targeted fraud and swindles, price discrimination and reductions to the consumer awareness. The FCT act also introduced four key policy questions regarding the research of the big data method to present and prevent the cause. FTC introduced policy questions to help the industries to determine their benefit in the rising market. Big data also introduced less harm and cause to the big firms and educational institution. It prevents the firms from the harm and errors, which could have occurred during the processing of their functions. The laws are imposed on the processing of the big data, which could cause harm to any institution, but

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