Big data
Term · Logistics and supply chain · MLC-T-LOG-000019
Extremely large and complex data sets that defy processing by traditional database management tools. Characterized by high volume, high velocity, and a wide assortment of data types, it encompasses information from sources such as IoT devices, social media feeds, and transactional systems. In supply chain management, its analysis informs demand forecasting and real-time inventory tracking, with data volumes often measured in terabytes or petabytes.
| Identifier | MLC-T-LOG-000019 |
|---|---|
| Field | Logistics and supply chain |
Record as JSON
{
"id": "MLC-T-LOG-000019",
"term": "Big data",
"field": "Logistics and supply chain",
"definition": "Extremely large and complex data sets that defy processing by traditional database management tools. Characterized by high volume, high velocity, and a wide assortment of data types, it encompasses information from sources such as IoT devices, social media feeds, and transactional systems. In supply chain management, its analysis informs demand forecasting and real-time inventory tracking, with data volumes often measured in terabytes or petabytes.",
"url": "https://mlchart.com/terminology/logistics/big-data/"
}
Record 21 of 256 in Logistics and supply chain terminology (MLC-0105). Request the full dataset.