This presentation discusses the concept of Big Data, its characteristics, challenges in analytics, techniques for analysis, and business examples. It also includes references from Managerial Auditing Journal and Earth Science Frontiers.
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INTRODUCTION Many huge companies with large diversified franchises andbroadfunctionalitiesintheirbusinessneedsto maintain a massive amount of information and analysis of their work, sales, employees, customers etc. which is called big data. Information Systems and Big Data Analysis Name of the Student What is big Data A record of huge amount of such data about the company is known as big data. Big data is the collection of tiniest to the largest volumes of data about the sales, customers, search history etc. related to the company. It is so large that varies in sizes from terabytes to petabytes. Data is the set of operations performed by the computer such as symbols, quantities, characters, numeric digits and information which can be stored Characteristics of Big data •Volume •Veracity •Variety •Value •Velocity The challenges of big data analytics •Uncertainty to Data Management Landscape •Big data Talent Gap •Getting data into big data platform •Need for synchronization across data sources •Getting important insights through the use of Big Data analytic References •Rezaee, Z. and Wang, J., 2018. Relevance of big data to forensic accounting practice and education. Managerial Auditing Journal. •Pengda, Z., 2019. Characteristics and rational utilization of geological big data. Earth Science Frontiers, 26(4), p.1. Techniques that are currently available to analysis big data •Association rule learning •Classification tree analysis •Genetic algorithms •Machine learning Business Examples •By telecommunication industries in distinguishing between legitimate emails and the one which are fake or spam •By schools and universities for assigning each studentdifferentprofileintheircomputer's database.