Big data is a voluminous data whether unstructured or in structured form, and due to its large volume as such it’s difficult to process.

Different people have different choices and different buying habits as well. To fulfill the various demands of different people based on their buying behavior and taste, retailers (and the Government) have to choose some sample goods or services to know the buying behavior and cost of living of an economy. This is when market basket analysis comes into the picture. This is an imaginary basket used by the vendors and Government to fulfill the customer demand and beat the inflation of an economy. Market basket analysis is done by the retailers to check the combination of two or more items that the customers are likely to buy.

As we know that we are living in an environment where technology is upgrading and introducing new things every day. Virtual reality is one of the new emerging technologies that have an impact on working and learning as well. It is an artificial environment created with software. It is presented to the end user in such a way that he believes and accepts it as the real environment. Virtual reality is to replace your reality with some new virtual computer-generated environment. It is experienced through our senses, sounds, and sights. It is like placing someone inside an experience. It enables the user to interact with the 3D world. Virtual reality is a simulated environment that simulates physical presence in the real and imaginary world.

Numerous new technologies are emerging day by day that decreases human efforts and provides effective results. These technologies represent a major technology shift and are transforming business and society. IBM Watson is one of the emerging technological advancement in business. There are n numbers of a technology platform that are used by businesses in order to organize and structure the useful data. It is a technology platform that uses machine learning, AI, natural language processing etc. to get useful output from unstructured data.