Big data: challenges and opportunities in Australia

Abstract

Big Data has generated and is continuing to create a lot of buzz in not only the technology field but across the globe. It promises significant interventions, big changes, innovations, and integration with and within the routine lives. Big Data helps people to arrive at new answers and new ways of making life better for people. The past few years have seen Big Data moving forward dramatically. 2020 holds a lot of promise regarding emerging trends in this fantastic new domain. This paper therefore presents a comprehensive analysis of issues in the context of Big Data in Australia and relevant consequences formed by Big Data. Identifying the issues can assist in a better and clear understanding of extents for prospective development and advance within the Big Data industry and support online sector of Australia. This paper mainly has used secondary research data analysis and methods to provide a broad investigation of the issues relevant to Big Data in Australia, the reasons of those issues in Small to Mid-Sized Enterprises-SMEs. The research is subject to academic journal articles, conference proceedings, academic text books, project reports, media articles, corporation-based documents and other appropriate information. The study found that Big Data allows the potential users to do prompt decision making at the point of job responsibility. Big Data provides the flexibility of connecting to business anywhere and anytime. It has the potential to revolutionize the research. It also helps achieving the goals of turning all the collected data into actionable wisdom. Finally, the review found that Big Data allow Australian employees to be more flexible and productive in their work. However, it may be one of the biggest disruptors, but only if we interpret it using a human touch.

Keywords: Big Data, Challenges, Opportunities, Australia;