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The Big Data is very big in volume, high at velocity and various types. Traditional applications are not adequate to process such data sets.
Predictive Data analytics as the name suggests enables one to predict any event on the basis of past data about the event using statistical data modeling to be fairly accurate in finding patterns about the data.
Developing plans to protect sensitive information and data while complying with state and federal regulations can be a real challenge for any corporation.
We differentiate Big Data characteristics from traditional data by one or more of the five V’s: Volume, velocity, variety, veracity and value.