Big Data Proactive Risk Management

Big Data refers to the business processes, technologies and procedures allowing an organization to create, manipulate, and manage very large data sets, business reports, analysis and storage facilities. Big Data is a repository of large amounts and heterogeneous data which are too large for to be processed by older technologies and business applications. A business using Big Data finds new answers, strategies, correlations from disparate, non-linear, and voluminous data. It enables an organization to find hidden treasures that were not visible before by the large amounts of data.