Opportunities and challenges of using big data for policy analysis at BBVA Research

Summary

Big data helps us to enrich databases and improve economic indicators, at the same time allow us to understand and represent multidimensional indexes in a simple way. But the use of unstructured and massive data could be a challenge to traditional techniques, making the data treatment a crucial part of the working process.

Key points

• Key points:
• Use of Big Data at BBVA Research to provide a better, real time and high definition economic analysis.
• The granularity of the information can be really valuable for the analysis.

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