Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Big Data and Analytics: Prospects, Challenges, and the Way Forward

Big Data and Analytics: Prospects, Challenges, and the Way Forward
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Author(s): Md. Toriqul Islam (Transparency International Bangladesh (TIB), Bangladesh)and Borhan Uddin Khan (University of Dhaka, Bangladesh)
Copyright: 2025
Pages: 30
Source title: Encyclopedia of Information Science and Technology, Sixth Edition
Source Author(s)/Editor(s): Mehdi Khosrow-Pour, D.B.A. (Founding Editor-in-Chief, Information Resources Management Journal (IRMJ), USA)
DOI: 10.4018/978-1-6684-7366-5.ch048


View Big Data and Analytics: Prospects, Challenges, and the Way Forward on the publisher's website for pricing and purchasing information.


The advent of big data has brought a revolution in the way data is collected, stored, processed, and analyzed by individuals, businesses, and organizations. Big data analytics has emerged as a critical tool for decision making across diverse industries, leveraging advanced computational techniques to extract insights from voluminous data sets. This article provides an extensive overview of big data and analytics, exploring their definitions, usage, advantages, disadvantages, applications, potential prospects and associated challenges, the way forward, and future research directions to address encompassing challenges and promote further advancement in the field. In summary, this article serves as a roadmap for comprehending the significance of big data and analytics, including their potential applications, prospects, challenges, and the way forward for researchers and practitioners from a legal and regulatory perspective.

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