The essence of Big Data lies within its definition of deploying high volumes of data, velocity along with the variety of data sets that can become quite difficult for extracting value and managing them. Most of the businesses today have now started gaining insights on how Big Data is going to possess challenges and opportunities for them at the same time. However, the increased adaptability of Big Data has opened several options for the organizations that are looking to capture, manage and analyze large data volumes that can accelerate the decision-making processes and ultimately create competitive advantages. As mentioned before, big data does bring in several challenges as well. Businesses involved with Big Data have started recognizing that they do suffer from an inadequate capacity for processing and storing their data. This, however, is not a clear indication for the businesses as it reflects that the companies cannot deploy the existing large volumes of data to the maximum. So, to overcome all the challenges and encash on the opportunities, businesses have started incorporating Big Data as a Service or BDaaS. Defining BDaaSBDaaS is a framework that comprises of cloud-based and distributed technologies, allowing the users to work efficiently with the ...
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