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What is Variety

Global Virtual Enterprises in Cloud Computing Environments
In the present business scenario data comes in all types of forms.
Published in Chapter:
BIG Data: An Enabler in Developing Business Models in Cloud Computing Environments
K. Hariharanath (SSN School of Management, India)
Copyright: © 2019 |Pages: 30
DOI: 10.4018/978-1-5225-3182-1.ch007
Abstract
The basic functions such as production, marketing, and finance continue to be the same from an agricultural economy to an industrial economy. Business processes, procedures, methods, strategy, management thinking, and approach related to basic functions have been changed due to global market competition. Consequent to global competition, business activities have become more complex. Due to this complexity, the type and quantum of information required by the business enterprises are increasing. It is interesting to note that information and communication technology is providing many new concepts to handle and manage the complex information to remain competitive in the global market. The concepts such as big data and cloud computing along with other collaborative technology facilitate creating conceptual business models for facing realities in the global market. This chapter mainly explains with two case illustrations of the importance of the above concepts for developing business models for textile and retail sectors.
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More Results
Temperature Effects on the Physicochemical Properties and Composition of Fatty Acids in the Oil of Chia Seeds
Means a plant grouping, within a single botanical taxon of the lowest known rank, defined by the reproducible expression of its distinguishing and other genetic characteristics.
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Higher Education Institutions as Viable Systems: A Cybernetic Framework for Innovativeness
The cybernetic measure of complexity, i.e. the number of different systems states.
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Customer Experience Impacting Retail Management: Study of Customer Centricity Strategy by Retailers
Variety is the number of different merchandising categories within a store or department. It is also called breadth.
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Big Data Transforming Small and Medium Enterprises
Different types of things that data is collected about and different details about these items.
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Understanding Big Data
This represents the different types of data available, such as text, numbers, images, videos, documents, spreadsheets, etc.
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Customer Service: A Key Differentiator in Retailing
Variety is the number of different merchandising categories within a store or department. It is also called breadth.
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Big Data Analytics Demystified
Data today comes in many different formats: structured data, semi-structured data, unstructured data and even complex structured data.
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Review of Big Data Applications in Finance and Economics
It is an expanded concept of data types and sources and it is typically defined as the combinations of different types of structures within the data such as semi-structured (e.g., XML, JSON), and unstructured data (e.g., audio, images, text, click streams).
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Business Analytics and Big Data: Driving Organizational Change
Refers to the different types of structured and unstructured data.
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Big Data Mining Based on Computational Intelligence and Fuzzy Clustering
The rise of information coming from new sources both inside and outside the walls of the enterprise or organization creates integration, management, governance, and architectural pressures in IT.
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Linguistic Liberation: The Experiences of Black Higher Education Professionals
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The Impact of Big Data on Security
Refers to the type of information being stored. Previously, data stored tended to be highly structured in nature.
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