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5 things you can’t miss about Big Data - New Tech Dojo

5 things you can’t miss about Big Data

Big Data

What is Big Data?

Big data is a Combination of Complex Data Structures, larger data sets from new Data Sources.

It is considered to be a greater variety of Data arriving in increasing volumes and Velocity. The Data arriving is so voluminous that it can’t be handled from the usual Data Handling Softwares. Big Data is Massive and it helps in handling and addressing business problems which you thought could never be solved.

The important Characteristics of Big Data:

Characteristics Of ‘Big Data’ depends upon the Nature of Data.

Let’s look at the Various aspects of Big Data:

Volume

Big data implies enormous volumes of massive data. Since there are many Platforms in the Run-in today’s world. It results in Analyzing massive amount of Data.

Variety

There are a Variety of sources and types of data. Few Datasets are structured and few are unstructured. Now, the Variety of Data arising out of the unstructured data invites storage Problems which makes it difficult to analyze and Mine the Data.

The organizations have already started to deal with bigger challenges including data variety.

Velocity

There is a Pace at which the Big Data flows. The Data here is Massive and is Flowing Continuously. It arrives from sources like business processes, Human interaction across various platforms and machines.  You can make Valuable Business Decisions and provide strategic competitive advantages and ROI to the Company by handling the Velocity. Sampling the data, you can easily deal with volume and velocity of the Data.

Veracity

Big Data Veracity is the term which defines the biases and abnormality in the data. Checking out if the Data which is Processed is meaningful to the problem being analyzed.

Veracity in Big Data is challenging in Comparison to things like volume and velocity.

Validity

Checking the Accuracy of the Data is the most crucial step. Validity stands for Data Validation. If the data is accurate and apt for the Intended use. Accurate Data i.e. the Validity of the Data helps in making Right Decisions in the Benefit of the Company.

Volatility

Volatility refers to the Time Period for which Big data is Valid and can be stored. Deciding upon the Point from where data is no longer relevant to the current analysis.

What is Big Data Analytics?

Big data analytics helps to examine Large Data Sets.

Big data in the Big Data analytics helps in examining the Massive amount of Data. It helps to discover hidden patterns, correlations and dig into deeper insights. It helps to learn about customer preferences so tat you’re able to make more informed business decisions.

Big data analytics helps data scientists, statisticians, predictive modelers, other analytics professionals in analyzing growing volumes of structured transaction data.

It even analyzes data left untapped by conventional business intelligence and analytics programs.

Today’s technology, makes it possible to analyze data and get instant answers. Big Data Analytic is more efficient than traditional business intelligence solutions.

Big Data Hadoop Overview:

Big Data Hadoop is an open-source software framework. It helps in storing the data and running the applications. These applications run on clusters that are commodity hardware. This gives you enormous Processing Power and even the Ability to handle jobs that are Virtually limitless.

Big Data Technologies help in effective decision making:

Big data technologies help you to gain a more accurate analysis. This helps you in taking Concrete Decisions.  This results in Bigger operational efficiencies, Reduction in the Cost and Risk of the Business.

You need a Proper Infra to harness the power of big data, to protect the Data and Provide Security to it. This will help to manage and process the Voluminous Data in the Right Order.

When you observe the technologies that handle big data, you’ll examine the following two classes of technology:

Operational Big Data Analytic:

MongoDB comes under Operational Big Data. Later on, it provides operational capabilities for real-time. Builds interactive workloads and here the data is basically captured and stored.

NoSQL Big Data systems are designed in a way to benefit from the new cloud computing architectures coming out of the Past Decade and letting the Massive Data run efficiently.

Some NoSQL systems give you the insights of the trends depending on the real-time data. It demands minimal coding and doesn’t even require data scientist’s involvement.

Analytical Big Data Analytics:

Analytical Big Data encompasses Massively Parallel Processing (MPP) database systems.

It provides analytical capabilities for Massive Data analysis.

It also has MapReduce which provides a new method to analyze data. This Data is complementary to the capabilities given by SQL.  MapReduce has a system that can be scaled up from single servers to thousands of high and low-end machines.