Friday, May 10, 2019

Analyze a business or industry that is likely to be disrupted by the Essay

Analyze a product line or industry that is likely to be stop by the trends of the liberal entropy, this disruption may create a new business opportunities and new business threats - Essay ExampleThe concept of spectacular data has been arising majorly due to the explosive growth of data rise that is caused by digitization taking place in the society. The digitization and automation of firms in the society has direct to huge data storage (Feenberg, 2005).These large volumes of data that is being stored by businesses are very censorious in bounds of business operations. The concept of big data has provided the firms with the advantage to store large data volumes that were not possible in the early years. As the size of big data is incomparable it provides a very strong intimacy base for the firms operating in different industry. In context of businesses the big data trend allows a firm to transform huge sets of data in the form of mod products, new services, and even improve d marketing techniques so as to reach out to more cast of customers. The trend of big data has caused an impact on all possible and similarly it has even completed the advisory firms both business and financial. The advisory firms acts as a consulting group that helps a firm to sell its functions and also at times it controls various managerial functions of a company. The major opportunities that are created by big data in context of managerial and financial advisory firms are creating of best practice gateways and knowledge space (Davenport, 2014). These opportunities are majorly based on knowledge accumulation and professional experiences in context of portal for knowledge space for respective economic sectors, environmental changes in the businesses in relation to legal framework, competition, appear markets, economy, new services and products, etc. The concept of knowledge space may provide opportunities to the advisory firms or may even result into major threats for these firms in respect to long term operations of these firms.The term big data is normally defined to be larger data

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