7001ENG- Research Methods for Engineers.
Literature review
Group No: 14
Akash Parekh
Harish Segal
INSIGHT INTO BIG DATA
THE REALM OF BIG DATA
Introduction
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.
Literature Review
Big Data is a useful tool that helps in collecting, analyzing and disseminating any form of information that may start from simple phones and ranging up to enormous super computers to analyze the movement of pattern, behavior of people towards data and patterns that are developed out of data analysis (LaValle, 2013). Data mining techniques are also aided by the concepts of big data to scoop out some of the useful information in various fields and researches of study. The pattern analysis can be aided with the help of text messages via cell phones. It is almost next to impossible to trap the data generated by millions of users but with the invention of this new technique and plethora of tools aiding the process of data analysis, the cell phone data generated by approximately six billion of
In the movie Breaking Away Dave overcomes his persona as an Italian when he races with the Italians. Through the movie Dave talks as an Italian person even though his family has nothing to do with being Italian. Dave is also good at making people that don’t know him think he really is Italian. In the movie not only Dave talks Italian, his mother cooks Italian food and the music that plays in the scenes is also Italian. When the Italians come to race in Indianapolis Dave goes to race, but it’s their where his Italian persona ends.
Famine is a tragedy Political Cartoon The political cartoon picture that I’m analyzing is by Chris Grosz. I see there’re lots of people on the land waiting for aid ship come to help them. And there is a pirate ship. I see that the guy on the aid ship told the other guy that the pirate attacks has reduced.
The authors of [1] aim to dispel some of the current hype surrounding big data, mainly the misnomer that it is all about technology and the process is automated. In fact there are three critical elements requiring human expertise 1) the data must be the right kind, of sufficient quantity, and clean 2) a specific process must be followed for success starting with the identification of the objective 3) expert humans who know how to use the technology, execute the big data process, and perform the mining tasks which require significant mathematical calculations.
As data is becoming more complex and large, it is important for the organizations to store and use efficiently through advanced data analytics technologies. With the use of big data there are many advantages – smart decision making, reducing cost and time, customizing new and existing products and optimizing business processes.
The research proposal can be developed from the topic of big data to match up the demands of enormous data flow in the dynamic world. Data visualization tools at significant cost can help up in analytics of big data and can form an innovative research proposal for analysis and extensive research. The real time data and the use of techniques of big data in this domain can form an excellent topic of research calling for formulating methodologies and strategies to tap the untapped potential of this field and to experiment more in the field of research.
Imagine being in a room with 10 people talking to you. Would you be able to understand the conversations? It would be hard to concentrate on any one person’s conversation, but you could probably do it. Now, imagine being at the Superdome with 70,000 people talking to you. Would you be able to understand any of the conversations? You probably could not understand any one person for a length of time, but again you might pick out some of the words. Well, what if the scenario was 7 billion people speaking 6 thousand languages at an auctioneer’s pace on the topic of their personal family lineage; would you be able to create someone’s whole family tree? This is the type of scenario that represents the different facets of Big Data.
This article reviews the application of big data and big data analysis at Facebook. As explained above, social networking sites such as Facebook generate terabytes of information on a daily basis and thus have the opportunity of generating massive amounts of knowledge from these data. The article has been divided into five chapters including the introduction, a brief description into Facebook, the big data strategies at Facebook, the big data technologies at the company to support strategic operations and the implementation of the big data strategies at the company. The paper then concludes with a brief conclusion briefing on the findings and the results of the discussion.
Big data provides suitable architecture for current trends and also to meet the requirements in changing business and its functions.
Big data is an extensive collection of structured and unstructured data. It is a modern day technology which is applied to store, manage and analyze data that are not possible to manage, store and analyze by using the commonly used software or tools. Since all of our daily tasks are overtaken by the modern technologies and all the businesses and organizations are using internet system to operate, the production of data has increased significantly in past
In 2012, it was estimated, that human beings were generating around 2.5 exabytes of data every day and that number is likely even greater today (McAfee & Brynjolfsson, 2012). Twitter processes on average about 5,700 tweets per second (Twitter Inc, 2013). All of this data is stored in numerous ranging traditional database tables and spreadsheets to SMS text messages, PDF files, HTML web pages and more. While the value in capturing and analyzing this data is clear, the solution is not. Traditional data warehouse technologies were not designed for this volume, velocity and variety of data, which is collectively referred to as big data.
Business thrive when they have the most accurate, up-to-date, and relevant information at their disposal. This information can be used for a plethora of pertinent markers in small and large businesses, relating to accounting, investments, consumer activity, and much more. Big data is a term used to describe the extremely large amounts of data that floods a business every day. For decades, big data has been a growing field, facing controversy on many levels, but as of late, it has been a major innovator in the challenge of making businesses more sustainable. Big data is often scrutinized for its over-generalization and inability to display meaningful results at times. When applied correctly, data analysis can bring earth-altering information to the table.
Firstly, the main problem is deciding which data should be selected. The data, explaining customers’ desires and needs, is important to be collected while most of the enterprises are confusing about what data they should concentrate on. A recent Gartner report (2014) stresses that 64% of firms raced to plan or launch a Big Data project, though they did not have enough professional knowledge yet. To understand what customers need through Big Data possibly turns into the core of companies’ target. The large data volumes and different varieties of data lead to data complexity.
Data is the backbone of business today and has always played a critical role in business. Today in the era of “Big Data” and Digital Business, data has become the primary driver of decision making, growth and innovation. The big data today is radically different from the data of yesterday. The Big Data age has brought with it a tremendous increase in the amount of data and types of data available to businesses. New data is produced every day, generated by social networking sites, mobile phones, location, third party, business transactions, etc. We are in an era which is characterized by the 5 V’s of Big Data: Volume, Velocity, Variety, Veracity and Value. The Big Data opportunities are enormous, as are its challenges. In this context it is especially important to understand the Opportunities and Problems that business faces to extract value from Big Data Analytics.
Big data is the new and still relatively misunderstood phenomenon in which companies are you using vast amounts of collected data to reveal patterns and certain trends within their collected data. Though big data is being used in a variety of different fields from retail to governmental uses, it is becoming most prominent within the healthcare field. Everyday thousands of people are admitted into hospitals and seen at various emergency clinics around the world. What if all this data from each individual seen at these clinics and hospital could be accumulated and a detailed report given to see signs of new diseases or new trends of medications effects? This is where big data is becoming such an integral part within the healthcare field.
Big data and big data analytics are used to describe data sets and analytical techniques in applications that are so large and complex and require special technologies to analyze and visualize them.