Answer to Question #324331 in Economics for Bea

Question

Organisation that had adopted Big Data analytics have gained a significant market advantage…

a.

False.

b.

True.

Answer 1

Big data can help businesses cut down their outgoings. From analysing energy usage to evaluating the effectiveness of staff working patterns, data collected by companies can help them identify where they can make cost savings without having a negative impact on business operations.

So, the correct answer is b.True.