What are some examples of big data in different industries?
Big data is used in various industries like healthcare for patient data analysis, retail for customer behavior insights, and finance for fraud detection.
Can you give me a specific example from the healthcare industry?
Sure! In healthcare, big data helps in predicting disease outbreaks by analyzing patterns from various data sources, including social media and health records.
What about the retail industry?
In retail, companies use big data to personalize shopping experiences by analyzing customer purchase history and preferences.
How does big data impact the finance sector?
In finance, big data is crucial for risk management and detecting fraudulent transactions by analyzing large volumes of transaction data in real-time.
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