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Big Data Analysis Tools and Statistical Data

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Added on  2020-04-15

Big Data Analysis Tools and Statistical Data

   Added on 2020-04-15

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Running head: MANAGEMENT INFORMATION SYSTEMSManagement Information Systems Name of the StudentName of the UniversityAuthor Note
Big Data Analysis Tools and Statistical Data_1
1MANAGEMENT INFORMATION SYSTEMSTable of ContentsIntroduction2Big Data analysis tools and statistical data2Big Data adoption and its impact on the financial industry4Case Study: Big Data and Risk Management in Deutsche Bank6Conclusion6References8
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2MANAGEMENT INFORMATION SYSTEMSIntroductionBig Data involves technologies and procedures via which large data sets can be captured, can be stored and managed and later can be analysed (Srinivasan, 2017). The Big data helps in solving complicated problem skills.The report will highlight the significant usage of Big Data in the various industries, especially highlight the Big Data usage in the financial firms and banks. Deutsche Bank’s BigData adoption and their risks management will be showcased in the report.Big Data analysis tools and statistical data Big Data Technology consists of following aspects of the data analytics, the data storage, the data processing, and the data analytics (Srinivasan, 2017). The five major big data revenue generators are Oracle, Teradata, Hewlett-Packard, Dell and IBM. The four major aspects on which the Big Data technology depends are elaborately discussed as-Infrastructure: The big data infrastructure is responsible to offer flexibility as well asscalability to manage the petabytes of data. The organizations if want to adopt the cloud technology then they must choose Rackspace, Amazon Web Services and GoGrid.Data Analytics: The data analytics provide the visualization analysis of big data usage(Flood, 2016). The organisations can predict the outcomes of big data usage with the help of data analytics. Splunk, Progress dataDirect and Rainstor are the major providers of data analytics.Data Storage: Hadoop is the widely used Big data storage platform. The major big data storage platform is MongoDB, Netezza and Clustrix.
Big Data Analysis Tools and Statistical Data_3

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