Exploring the Path of Big Data Technology Boosting the Development of Digital Economy

Abstract

The digital economy, characterized by the widespread use of digital technologies and the internet, has become a significant driver of economic growth and innovation. Big data technology, which enables the analysis and processing of vast amounts of data, plays a critical role in this transformation. This paper explores the impact of big data on the development of the digital economy, highlighting key areas such as data analytics, machine learning, and cloud computing. By examining case studies and current trends, we illustrate how big data technology fosters economic growth, enhances business operations, and drives innovation. The paper concludes with a discussion on the challenges and future prospects of integrating big data into the digital economy.