Big Data Analysis: Course Name, Semester, University Name

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Added on  2023/06/07

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AI Summary
This report provides an overview of Big Data, its challenges, and its impact on businesses. The report discusses the importance of Big Data and the challenges associated with it. It highlights the significance of data security and the need for skilled professionals. The report also explores various techniques like Machine Learning and data analysis for effective data management. In addition, the report discusses the benefits of Big Data, such as enhanced revenue and improved communication with consumers. References are provided to support the findings and analysis.
Document Page
History on big Data
Big data is used by organizations to manage their valuable
data related with the business. Big data enables businesses
to manage huge data which is hard for the traditional
software to capture.
Information Systems and Big Data Analysis
Name of the Student
What is big Data
Data refers to the valuable information which helps business
to grow in the marketplace. In today's world, data is
considered as a very precious asset. It has the power to
make an organization successful or crash it to the grounds
based on the hands in which it operates.
Characteristics of Big data
Volume
Value
Variety
Velocity
Veracity
The challenges of big data
analytics
Safety of data
Collection of data from various sources
Lack of Knowledgeable Professionals
Lack of Understanding of Data
References
Fernando, Y., Chidambaram, R.R. and Wahyuni-TD, I.S., 2018. The impact of Big Data analytics and data security practices
on service supply chain performance. Benchmarking: An International Journal.
Zhao, P. and Hu, H., 2019. Geographical patterns of traffic congestion in growing megacities: Big data analytics from
Beijing. Cities, 92, pp.164-174.
Techniques that are currently
available to analysis big data
Machine learning
Classification tree analysis
Association rule learning
Social network analysis
Business Examples
Data safety
Enhanced revenue
Open communication with consumers
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