What are some of the most common challenges that have a significant impact on successful implementation of Big Data analytics?

*Data volume The ability to capture, store, and process the huge volume of data in a timely manner *Data integration The ability to combine data quickly and at reasonable cost *Processing capabilities The ability to process the data quickly, as it is captured (i.e., stream analytics) *Data governance (… security, privacy, access) *Skill availability (… data scientist) *Solution cost (ROI) More test answers on https://studyhippo.com/chapter-6-big-data-and-analytics/

What are some business problems addressed by big data analytics?

*Process efficiency and cost reduction *Brand management *Revenue maximization, cross-selling/up-selling *Enhanced customer experience *Churn identification, customer recruiting *Improved customer service *Identifying new products and market opportunities *Risk management *Regulatory compliance *Enhanced security capabilities More test answers on https://studyhippo.com/chapter-6-big-data-and-analytics/

a. Big data analytics b. Data discovery c. Master data management d. Information optimization

________ enable managers to predict how customers would behave and use that knowledge to be prepared to respond quickly. Section Reference: Data Warehouse and Big Data Analytics More test answers on https://studyhippo.com/chapter-3-data-management-big-data-analytics-and-records-management/

a. Big data analytics b. Data mining c. Extract, transformation, load (ETL) d. Data de-duplication

________ processes move data from databases into data warehouses or data marts, where the data are available for access, reports, and analysis. Section Reference: Data Warehouse and Big Data Analytics More test answers on https://studyhippo.com/chapter-3-data-management-big-data-analytics-and-records-management/

Big Data analytics focuses

on unstructured, large data sets that may also include vastly different types of data for analysis. More test answers on https://studyhippo.com/business-analytics-unit-1/