This report covers what big data is and its characteristics, challenges of big data analytics, techniques to analyze big data, and how big data technology could support businesses with examples. It also highlights the importance of information technology in sustaining the productivity and performance level of an organization.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Information and big data analysis
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Table of Contents INTRODUCTION...........................................................................................................................3 TASK...............................................................................................................................................3 What big data is and characteristics of Big data.....................................................................3 Challenges of big data analytics.............................................................................................4 The techniques that are currently available to analyse the big data.......................................5 How big data technology could support business, an explanation with examples.................5 CONCLUSION................................................................................................................................8 REFERENCES................................................................................................................................9
INTRODUCTION Information technology is basically defined as a digital or online platform which is managed with help of utilizing updated equipment's, software and systems. In present scenario technology is one of the factor which is highly utilized by all customer segments for fulfilling their requirements in time. Due to the effective utilization of technology functions of the organization are run in smooth manner (Bao, Chen and Obaidat, 2018. The report will cover what big data is and characteristics of big data, challenges of big data analytics. It also covers the techniques that are currently available to analyse the big data and how big data technology could support business an explanation with examples. The main motive for utilizing information technology by company is to retrieve, store, exchange, process and develop different types of digital information. With help of technology organization is also able to increase safety and security of personal and confidential data of business. TASK What big data is and characteristics of Big data Big data is defined as theinformationin high volume which is stored by all types of international organization in aspect of providing quality service to customers in time. Big data also assist to manage theconmtinuationof service between employees and consumers in long term. With help of managing big data in their systems interactions between humans and machines are strongly sustained. The big data is mainly divided into five stages which is described below - Volume –It refer to storeinformation in high volume whichiscreatedfrom different types of sources. Itinvolvesbusiness process,interactions between humansetc. That means due tocreating high data, it plays the important role in aspect of decreasing unwanted files from the devices which is used by different business man. Veracity –It refer to the storing of heavy data in thedevicesin different typeswhich belongs tothe category of semi structure, structured and unstructured (Jeske, D. and Calvard, 2020). These type ofdataare gathered with various sources such as computer, laptops etc. Here unwanted data is deleted from database by using advanced equipment's within organization.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Variety –It is concerned with using various types of data by using different sources. According to the changing of time the sources are also get differentiated which includes text files, audio file, PDF, photos and others. But due to utilizing variety of information company faced lot of problems for storing information's in systematic manner. With help of applying various sources employees faced issues for preparing report. Value –In this stage organization used meaningful and reliable data for storing, processing and analysing the problems of consumers effectively. In this way revenue and productivityof organizationareeasilyincreasedforlongtime.Duetoproviding meaningful data to customers, positive relationship is strongly sustained betweentop and lower level employeesfor long term. Velocity –It plays important role in aspect of generating the speedwhich is highly essential for all categories of employees foraccomplishing the work in prescribed time. (Mohammadi, E. and Karami, 2020).Due to the effective utilisation of speed from employeesormachinesforcreatinginformation,thedesiresanddemandofthe consumersare easily fulfilled in time. Challenges of big data analytics The various challenges of big data analytics are - Lack of knowledge professionals –It is defined as difficult situations which is faced by company such as COVID in the form of losing skilled employees. Due to losing the talented employees organization is not able to analyse the data in systematic manner. Due to this problem organization must provide proper training to new workers which leads to increase their performance level at higher rate. Lack of proper understanding massive data –It is defined as utilization of huge amount of information and due to this processworkers did not have the potentialityto identify the real wants and problems ofconsumers. Due to the usage of information at high volume the roles and responsibilities of the employees are not completed in time. Therefore, for reducing this type of problem it is essential for organization that they must conduct training program for increasing their productivity. Integrated data from a spread of sources –It is basically a one type of data which is alreadyexplained above. But indatadifferent types of sources are involved which includes customer logs, presentation, emails and financial report which is generated by
workers. But the problem is thatdue to using these elementselements preparing report and sending services to customers is adifficult task for workers.So for solving this issue organization must use updated equipments for accomplishing the task in time. The techniques that are currently available to analyse the big data Thetoolswhich ispresentlyusing by many types of companies for evaluating the data in efficient manner are - Machine language –In simple words it refers to the effective utilisation of artificial intelligence technology for evaluating huge amount of data quickly. In present time due to the heavy use of latest equipments data are easily shared with multiple customers quickly.With help of effective utilization ofartificial intelligence and machine language, all types of data are easily accessible to usersfrom any locationwith help of different mobile phones, desktop, laptopandso on. Data mining –It is a very common tool which is utilized by varioustypes of organization for evaluating the big data (Nasraoui, O. and N’Cir, 2019). Due to the effective use of this tool only meaning and reliable information's are shared between employer and employee in aspect of completing their responsibilities in prescribed in time. Then after the effectiveevaluation of information, it will bechangedin extracted waywhich isimportant for workersfor identifies the needs and wants of customers effectively. Data fusion and integration –It is basically defined as mixture of many tools which is utilized by many companies. The major benefit for utilizing this technique is that data are gained in huge quantity by using various sources within less time. The other benefit for utilizing this technique is that instructions and orders from higher authorities to workers in accurate time. In this way the activities of the organization is easily run in smooth manner. How big data technology could support business, an explanation with examples Due to effective use of big data improvementwithin organizationare done in various ways which are explained below - In first big data is very important in aspect of managing thecustomer satisfaction level at higher rate.Due to effective utilization ofall types ofdataconvenience are increased for
employees to provide right goods toconsumersin right location. In this way organization easily gained the trust of consumers in long term. That means if consumers are satisfied with company goods and services the definitely their profit margin are easilyenhancedin long term.Due to the useof big dataworkerseasilyidentifiedthat what modifications are required in theirgoods according to their requirements. Second improvement is that big data also assists the managers of organization in aspect oftaking effective and better decisionregarding their business functions. With help of evaluating various information effectively managers or employees are able to identify easily that in which department and area improvement is required. Then, according to that solutions are prepared by higher authority for run their functions in effective manner. It also assists for facilitating quality servicestoconsumersin time. Thirdly, big data technology also helpsgenerate income for employeesduring the time of providing quality service and productsto customers(Park, E.M. and Seo, 2019). Because with help of analysing big data through technology always provides the correct product to customers in time. Then in this way the rating for employees are effectively increased by the customers. With help of high rating workerseasily get extrafinancial benefits fromthe organization in long term. Fourthly, big data technology also helps todeliver services and productsto consumers in fast manner because quick delivery is a very important concept for any organization.Due to delivering products and services to consumers quicklypositive communication are maintained with customers for longduration. In this wholeproceduretransaction of money are done quickly whichis highlyessentialat the time purchasing product. POSTER
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
CONCLUSION After the analysis of above information, it concludes that information technology plays the major role for sustaining the productivity and performance level of organization at high rate. The main motive for utilizing information technology by company is to retrieve, store, exchange, process and develop different types of digital information. With help of technology organization is also able to increase safety and security of personal and confidential data of business. It covers the techniques that are currently available to analyse the big data and how big data technology could support business an explanation with examples.
REFERENCES Books and Journals Bao, R., Chen, Z. and Obaidat, M.S., 2018. Challenges and techniques in Big data security and privacy: A review.Security and Privacy,1(4), p.e13. Jeske, D. and Calvard, T., 2020. Big data: lessons for employers and employees.Employee Relations: The International Journal. Mohammadi, E. and Karami, A., 2020. Exploring research trends in big data across disciplines: A text mining analysis.Journal of Information Science, p.0165551520932855. Nasraoui, O. and N’Cir, C.E.B., 2019. Clustering methods for big data analytics.Techniques, Toolboxes and Applications,1, pp.91-113. Park, E.M. and Seo, J.H., 2019. A Study on Leadership Typology in Sports Leaders Based on Big Data Analysis.Journal of the Korea Convergence Society,10(7), pp.191-198. Saura, J.R., Herráez, B.R. and Reyes-Menendez, A., 2019. Comparing a traditional approach for financial Brand Communication Analysis with a Big Data Analytics technique.IEEE Access,7, pp.37100-37108. Shukla, N., Tiwari, M.K. and Beydoun, G., 2019. Next generation smart manufacturing and service systems using big data analytics.Computers & Industrial Engineering,128, pp.905-910. Subudhi,B.N.,Rout,D.K.andGhosh,A.,2019.Bigdataanalyticsforvideo surveillance.Multimedia Tools and Applications,78(18), pp.26129-26162. Winter, J.S. and Davidson, E., 2019. Big data governance of personal health information and challenges to contextual integrity.The Information Society,35(1), pp.36-51. Wu, X., Zhao, J. and Tong, Y., 2018. Big Data analysis and scheduling optimization system oriented assembly process for complex equipment.IEEE Access,6, pp.36479-36486.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser