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The Big Data Challenges

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Big Data is a term used to describe the voluminous amount of structured and semi-structured data generated by companies. The term is used when referring to petabytes (PB), exabytes (EB), and zettabytes (ZB) of data. Companies face challenges when it comes to capturing, storing, searching, and analyzing Big Data. The Volvo Car Corporation faced this problem because of the massive amount of data it was streaming from its vehicles. Download and study the Volvo Car Corporation case study titled, "Converting data into business value at Volvo", located here. Write a two to four (2-4) page paper in which you:

Assignment (referring to attached case study):

Judge how Volvo Car Corporation integrated the cloud infrastructure into its networks.

Explain how Volvo Car Corporation transforms data into knowledge.

Identify the real-time information systems implemented and evaluate the impact of these implementations.

Argue how the Big Data strategy gives Volvo Car Corporation a competitive advantage.

Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.

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Solution Summary

Solution to the Case study of Volvo related to big data strategy.

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Judge how Volvo Car Corporation integrated the cloud infrastructure into its networks.

Volvo Cars integrated the cloud infrastructure into its network by collecting data directly from the vehicles to the cloud database of the organization. The cloud database allowed Volvo to centrally store the continuous collection from its automobiles located across the globe.

Explain how Volvo Car Corporation transforms data into knowledge.

Volvo transforms data into knowledge by extensively analyzing all the collected data from automobiles, CRM systems and other data collection points to transform the raw data into meaningful information for various decision makers in the organization in departments ranging from R&D to production, marketing and sales. The company utilizes such analysis drawn from the data to make ...

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