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e-trade Big Data

"e-trade Big Data"에 대한 내용입니다.
25 페이지
파워포인트
최초등록일 2023.02.20 최종저작일 2022.11
25P 미리보기
e-trade Big Data
  • 미리보기

    목차

    1. Purpose
    2. Big Data
    3. Current Issue
    4. E-trade with Big Data
    5. Challenge & Vision

    본문내용

    What is Purpose?
    One
    Initiative of ICT moved to "Data"

    Two
    IoT are used and combined with “data”
    - The influence of “Big data” increases
    - To apply “Big data” to specific parts of E-trade

    Definition
    a set of techniques that require new forms of integration to uncover large hidden values

    참고자료

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  • AI와 토픽 톺아보기

    • 1. Big Data
      Big data is a term that refers to the large, diverse, and complex sets of data that are generated by various sources, including social media, sensors, and business transactions. The volume, velocity, and variety of big data present both opportunities and challenges for organizations. On the one hand, big data can provide valuable insights and enable more informed decision-making. By analyzing large datasets, organizations can identify patterns, trends, and correlations that were previously hidden. This can lead to improved products and services, more efficient operations, and better customer experiences. On the other hand, managing and extracting value from big data can be a significant challenge. The sheer volume of data can be overwhelming, and organizations often struggle to store, process, and analyze it effectively. Additionally, the diversity of data sources and formats can make it difficult to integrate and analyze the data in a meaningful way. To address these challenges, organizations need to invest in the right technologies, skills, and processes. This may include implementing big data analytics platforms, hiring data scientists and analysts, and developing data governance strategies. By doing so, organizations can unlock the full potential of big data and use it to drive innovation, improve decision-making, and gain a competitive advantage.
    • 2. E-trade with Big Data
      The integration of big data and e-commerce presents significant opportunities for businesses to enhance their operations and better serve their customers. In the e-trade landscape, big data can be leveraged to gain valuable insights into customer behavior, preferences, and purchasing patterns. By analyzing large volumes of data from various sources, such as website analytics, social media, and transaction records, businesses can develop a deeper understanding of their target audience. This knowledge can then be used to personalize the customer experience, optimize marketing strategies, and make more informed decisions about product development, pricing, and inventory management. For example, by analyzing customer browsing and purchasing data, e-commerce businesses can recommend relevant products, personalize product displays, and offer targeted promotions. This can lead to increased customer engagement, higher conversion rates, and improved customer loyalty. Additionally, big data can help e-commerce businesses identify and respond to emerging trends, anticipate customer needs, and adapt their strategies accordingly. However, the effective integration of big data and e-commerce also presents challenges, such as data privacy and security concerns, the need for specialized skills and technologies, and the complexity of data management and analysis. To fully capitalize on the potential of big data in e-trade, businesses must invest in the necessary infrastructure, talent, and governance frameworks to ensure the responsible and effective use of data.
    • 3. Challenges and Vision
      The integration of big data and e-commerce presents both significant challenges and a compelling vision for the future of the industry. One of the primary challenges is the sheer volume, velocity, and variety of data that businesses must manage and analyze. The exponential growth of data from various sources, such as online transactions, social media, and IoT devices, can be overwhelming for many organizations. Effectively storing, processing, and extracting meaningful insights from this data requires significant investments in advanced technologies, data infrastructure, and specialized skills. Another key challenge is ensuring the privacy and security of customer data. As businesses collect and leverage more personal information to personalize the customer experience, they must navigate a complex regulatory landscape and implement robust data governance policies to protect sensitive information. Additionally, the integration of big data and e-commerce can be hindered by organizational silos, legacy systems, and a lack of cross-functional collaboration. To address these challenges, businesses must adopt a holistic, data-driven approach that aligns their technology, people, and processes. This may involve implementing cloud-based data platforms, upskilling employees in data analytics, and fostering a culture of data-driven decision-making. Despite these challenges, the vision for the integration of big data and e-commerce is compelling. By harnessing the power of big data, e-commerce businesses can gain a deeper understanding of their customers, optimize their operations, and deliver personalized, seamless experiences that drive loyalty and growth. This can lead to increased revenue, improved customer satisfaction, and a sustainable competitive advantage in the rapidly evolving e-commerce landscape.
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