Document Management

Document management, often, referred to as Document management system is a software which is used to track, store, and manage electronic documents and an electronic image of paper through a scanner. It is one of the basic big data terms you should know to start a big data career.

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The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
The education vertical currently has the lowest adoption of big data among vertical industries, but educators are most likely to say they may use big data in the future.
36 percent of investment professionals use web scraping to derive data.
Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
53 percent of companies are adopting big data analytics
Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.

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