Implications of Big Data for Individuals(3)

 Bilal Hussain Malik

                                 Implications of Big Data for Individuals(3)                  


                                                  Better Decision Making


Big data allows individuals to take better and more efficient decisions in various areas of life. By providing individuals with vast amounts of real-time, relevant, and tailored data, big data technology allows individuals to measure alternatives, predict outcomes, and choose routes that are most suited to their goals. From planning finances and health care to studies and career choices, big data plays a major role in enhanced decision-making abilities.

In private personal finance, for example, personal finance tools like Mint or YNAB analyze spending patterns and suggest saving methods tailor-made to one's habits. Investor sites use big data analytics to track trends in the market and gauge risk. In health and wellness, fitness apps and wearables track activity, heart rate, and sleep and offer tailored advice for better health results. Similarly, learning platforms utilize learning analytics to direct the students to courses or learning content that are suited to their interest and performance.


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