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Strategies for Limiting the Negative Effects of Big Data

Making sure that biased data is not used such as making sure it’s accurate and also up to date can help to limit the bias that is seen through but data especially for the healthcare and financial systems. 

Large businesses could think about using more modern techniques and tools to help deal with the large mass of data sets, this gets rid of duplication of data. Also they could additionally use machine learning technology, improve its development and marketing strategies etc. 

Changes in the Regulatory environment means that they should keep up to date with data privacy needs  so they’re not storing information they don’t need. This will save them money and time because they won’t have to pay fines for holding unnecessary data. Also because they are ahead of other businesses then they can use this leverage for competitive advantage. 

https://kms-solutions.asia/blogs/top-challenges-related-to-big-data-and-how-to-overcome-them

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