I am reading book on big data for dummies.
Welcome to Big Data For Dummies. Big data is becoming one of the most important technology trends that has the potential for dramatically changing the way organizations use information to enhance the customer experience and transform their business models.
Big data enables organizations to store, manage, and manipulate vast amounts of data at the right speed and at the right time to gain the right insights. The key to understanding big data is that data has to be managed so that it can meet the business requirement a given solution is designed to support. Most companies are at an early stage with their big data journey.
I can understand store means we have to store in DBMS
My questions on above text .
What does author mean by manage vast amounts of data in above context? Example will be helpful.
What does author mean by "organizations transform their business models" with big data? Again example will be helpful.
What does author mean by "manipulate vast amounts of data in above context?