ITPEC IP April 2022 Question 94
ITPEC IP April 2022 — Question 94 of 100
Big data refers to very large, rapidly generated, and diverse datasets whose analysis can yield useful knowledge. Its common characteristics include volume, velocity, and variety, often extended with veracity and value. Specialized storage and analytics help turn the data into evidence for decisions.
Answer (a)
Why not others:
- diversity concerns variety among people, perspectives, or elements and is not this data concept
- core competence is a distinctive organizational capability
- crowdfunding raises funds from many contributors, usually online
Key rule: Big data combines large scale, many forms, and rapid generation or processing with analytics intended to extract value.
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