Big Data Management And Management Of Huge Volumes Of All Types Of Data Essay

The analysis of big data is the process of organizing, collection, analyze and examining the large volume of data to find patterns, market trends and useful information. This analysis helps organizations to better understanding about the information within data, and helps analyst to make better

Today, the data consumption rate is tremendously expanding, the amount of data generated and stored is nearly imperceivable and highly growing. Big data that is nothing but a large volume of unstructured or structured data that runs in and out in to a business on daily basis. This big data is analyzed in order to achieve prominent business growth and improved business strategies [1]. Every year there is at least 40% increase in the amount of data growth on global level, leading to which companies have started adopting new data analytic techniques and tools and also have stepped ahead moving their data towards the cloud for their big data analytic requirements and for better analysis.[3][2] In big data analysis it is not the amount of data that is essential but how efficiently we handle, process and analyze it is the key factor. Big data analysis doesn’t revolve around how much data we occupy, it deals with how well you make use

In this modern age of constant technological advancement and business innovation, a relatively new feature has unlocked more potential for businesses to improve: Big Data. Big Data can be defined in many different ways. It has become important primarily for business decision making.

"Such ‘Data Explosions ' has led to one of the most challenging research issues of the current Information and Communication Technology (ICT) era: how to effectively and optimally manage such large amount of data and identify new ways to analyze large amounts of data for unlocking information. The issue is also known as the ‘Big Data ' problem, which is defined as the practice of collecting complex data sets so large that it becomes difficult to analyze and interpret manually or using on-hand data management applications. From the perspective of real-world applications, the Big Data problem has also become a common phenomenon in domain of science, medicine, engineering, and commerce"

Big Data is termed extremely large datasets that their sizes are beyond the ability of capturing, managing, and

Big data is an element that allows companies to leverage high volume data effectively and not in isolation. Big data needs to be quickly accessible and have the ability to be analyzed. Data stores or warehouses are one way data is managed that is persistent, protected and available as long as the data is needed. The forefather to data stores is relational data bases, relational data bases put in place decades ago are still in use today

Due to the rapid growth in the use of Internet and its connected tools, an enormous amount of data are being produced on a daily basis. The concept of big data arrives when we were unable to manage this huge data with traditional methods. Big data is a mechanism of capturing, storing and analyzing the big datasets and also an idea of extracting some value from it. It is very handful while determining the root causes of failures, issues and defects in near-real time, creating coupons and other sales offers according to the customers shopping patterns, detecting any suspicious and fraudulent activities in real-time. As it is very advantageous, it also has some issues. Some of the common issues can be characterized into heterogeneity, complexity, timeless, scalability and privacy. The most important and significant challenge in the big data is to preserve privacy information of the customers, employees, and the organizations. It is very sensitive and includes conceptual, technical as well as legal significance.

Big data is certainly one of the biggest buzz phrases in it today. The term ’Big Data’ appeared for first time in 1998 in a Silicon Graphics (SGI) slide deck by John Mashey with the title of ”Big Data and the Next Wave of InfraStress” [9]. -Combined with virtualization and cloud computing, big data is a technological capability that will force data centers to significantly transform and evolve within the next five years. Similar to virtualization, big data infrastructure is unique and can create an architectural upheaval in the way systems, storage, and software infrastructure are connected and managed. Big data is an amalgam of large and varieties of data sets including structured data, semi structured data and unstructured data so it’s beyond the capability of traditional tools to capture, store, process and analysis of big data. It is true that big data have capability of unlocking new sources of development in many fields but at the same time researchers are being confronted challenges with big data. This paper reveals the various challenges faced with big data and opportunities realized with big data. Keywords: Big data, Challenges, Opportunities, Security Issues.

In short, Big Data refers to various kinds of data sets whose volume, velocity and complexity make it hard and merely impossible to store and mange using current architectures and databases that exist in the market. These analytic tools are designed to enable users to rapidly analyze large amounts of data.

You may have heard the term “Big Data” often these days and the importance of analytics attached to it. The availability of good data set and analytics of it provide organizations ability to understand consumer behavior and future prospects. This has now become an essential part of every business operation. Data itself is not a new thing to humans, written records have been in existence since 4th millennium BC. What has changed recently is that with digital inventions and significant growth in internet access, most people are on the electronic grid for longer periods and spending lot of time on emails, messaging, entertainment and social media applications. This huge growth in data generation has given birth to the concept of

Big data application is booming these years, because organizations gradually realized the value of unstructured data which could hit terabytes even petabytes level. Such as social media and other sources. The way that Traditional Business Intelligence processing structured data could not handle massive unstructured data. Which raise new requirement for BI to have the ability to process

To address the question of how and what techniques has been used to manages this big amount of data or in the field of Big Data, I review some research papers and review articles in the field of Big Data. This paper provides the synthesis of those papers which I found relevant to this field. This paper will focus on the following things:

The variety, volume and velocity (Lohr, 2012) of data have evolved in the present contemporary times with various companies and business embracing the benefits and advantages leveraged out of Big Data and its plethora of real life applications. This concept have taken a huge leap ahead in time and have find some innovative and creative ways to collect, store and analyze data which his enormous these days. The realm of e business and its applications in this industry are conquered by the means of big data.

Management of Big Data is useful with how one handles the information. Ways to use the stored information include, but not limited to, reduction of costs, time reductions, and making smart decisions based on data results. [1]

‘Big Data’ is the application of specialized techniques and technologies to process very large sets of data. These data sets are often so large and complex that it becomes difficult to process using on-hand database management tools. There are several techniques which are widely used in implementation of Big Data.