Assignment on Big Data ( Docs)
Added on 2021-06-17
19 Pages5373 Words76 Views
Big Data
Table of Contents1.Introduction.......................................................................................................................................22.Discussion on Business Strategy for a Big Data Use Case..............................................................23.Discussion on Business Strategy of Big Data...................................................................................94.Discussion on the required Technology Stack...............................................................................105.Discussion on Data Analytics and MDM framework to support DS&BI....................................126.Investigation the Support of NoSQL Database to the Analytics of Big Data..............................137.Discussion on Various types of NoSQL Databases and its usage in Big Data............................148.Analyzing the Role of Social Media &Human Elements in Organizationsprocess of Decision Making.....................................................................................................................................................159.Discussion on Value creation Process of Big Data.........................................................................1610.Conclusion....................................................................................................................................17References................................................................................................................................................171
1.IntroductionThe objective is to analyze a use case on Big Data and carry out discussion on variousdimensions of chosen case. The chosen case is that how to increase sales for business to businessusing Big Data Strategy. The evolution and strategy will be applied on this case study. Then thebusiness initiatives, main objectives will be determined. By conducting in-depth look on thecase, tasks involved in the developed Business strategy will be analyzed. A discussion overrequired technology stack of Big Data will be conducted. The DA (Data Analytics) and MDM(Master Data Management) that support to DS and Business Intelligence will be discussed.Various types of NoSQL Databases will be studied and its usage in Big Data will be determined.The decision making process of the business organization will be discussed with the help of roleof the social media and human. The Big Data will be discussed with the help of value creationprocess.2.Discussion on Business Strategy for a Big Data Use CaseIdentifying the Big Data Use Case:The chosen case is that how to increase sales for business to business using Big DataStrategyBig Data DefinitionThe term Big Data is tied in with developing test of the new age innovation which iscomposed by concerning monetarily low venture and can extricate substantial volume of anenormous assortment of information catching, investigation and handling. The meaning of "HugeData" changes with the circumstances. Huge Data is a blending of organized, semi-organized andunstructured information that breaks the boundaries of customary database. McKinsey and Company characterizes the Big Data as "Datasets whose size is past the capacity of run of the mill database programming devicesto catch, store, oversee, and break down" As per the Teradata magazine article, the Big information can be characterized as"Enormous information surpasses the range of ordinarily utilized equipment conditions andprogramming apparatuses to catch, control, oversee and process it inside a middle of the roadslipped by time for its client populace" 2
As per the Jon Kleinberg, a PC researcher at Cornell University, the Big information isitself dubious yet something is genuine in it. It can be characterized as "Enormous Data is a slogan for a procedure that can possibly change everything. It isextremely about new uses and new experiences, less the information itself."Four V’s of Big DataVolume: The advantage picked up from the capacity to process huge volume of data isthe primary fascination of huge information examination. Aside from Facebook insights saidabove, we keep on generating 294 billion messages each day, in which numerous considermessages are an obsolete type of correspondence. Velocity: Data Velocity is the speed at which information is developing and thisoutrageous speed is saddling our present data innovation abilities. Variety: The Big Data can be ordered into organized, semi organized and unstructuredframe. The organized frame is the most customary method for putting away the information.Monetary exchanges including motion picture ticket deals, online bill installment, eatery deals,and so on are for the most part organized and it impacts in a little portion of the informationcircling the worldwide systems today. Unstructured information is an essential wellspring ofdevelopment in assortment of video or sound information. In a day almost 19 million hours ofmusic is transferred or downloaded in the free music benefit. There are more than 864,000 hoursof video transferred to YouTube every day. The semi-organized enormous information can beachieving from numerous sources as content records, XML documents and so forth. Validity: Validity is a solitary term intended to describe the quality, extraction,determination, esteem, dependability, setting, and setting for the information. Organized andunstructured information requires substantial information from the trusted sources and it ought totake after the information from acquirement to retirement in light of the fact that the trustedsources are very esteemed than information from another or easygoing sources. After some time,the new source might be additionally tried and legitimacy of earlier information from that sourcemay increment or decline.How analysis done on Big DataBig Data is generally created from web-based social networking sites, sensors, gadgets,video/sound, systems, log documents and web, and a lot of it is produced continuously and on an3
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