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Big Data Analytics

Big Data Analytics is essential for organizations to process and derive insights from vast amounts of data generated from diverse sources, enhancing decision-making and operational efficiency. It is characterized by the 5Vs: Volume, Variety, Velocity, Veracity, and Value, and involves advanced analytics techniques such as machine learning and AI. Despite its benefits, challenges such as data storage, security, and technology selection must be addressed for effective implementation.

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0% found this document useful (0 votes)
29 views6 pages

Big Data Analytics

Big Data Analytics is essential for organizations to process and derive insights from vast amounts of data generated from diverse sources, enhancing decision-making and operational efficiency. It is characterized by the 5Vs: Volume, Variety, Velocity, Veracity, and Value, and involves advanced analytics techniques such as machine learning and AI. Despite its benefits, challenges such as data storage, security, and technology selection must be addressed for effective implementation.

Uploaded by

Isarra Amsalu
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Big Data Analytics

1. Introduction
Corporate organizations in this era of fast-paced digitization are overwhelmed by vast volumes of data
from numerous sources including social media, healthcare systems, business processes, and internet of
things devices. As the volume of data expands exponentially, the traditional data processing architecture is
not made to process and manage and derive useful information from such huge and voluminous amount
of data. This challenge offers Big Data Analytics, theory and practice of deploying high-computation
methods in processing, analyzing, and extracting knowledge from big data.
Big Data Analytics, propelled by Machine Learning, AI, and statistical modeling technologies, facilitates
the ability of organizations to augment decision-making, automate and optimize processes, and empower
innovation. By its capability of accessing big quantities of data, organizations are able to improve
customer experience, automate processes, and make decisions on data. The following is a concise
overview to Big Data Analytics, its most relevant features (the 5Vs), and illustrates its functioning in
consolidating and analyzing data. It also discusses the implications that it lays upon individuals and
organizations singly in terms of possibilities like personalization via recommendation and decision
making based on facts, and threats like privacy and storage. It also prescribes directions to future
innovations of Big Data Analytics in interoperability with AI, real-time processing, and converting
regulatory regimes.

2. Big Data and Big Data Analytics


2.1 What is Big Data?
Big Data are data too big, intricate, and dynamic in nature to be handled by traditional data processing
technology. Big Data is mostly generated in real-time and is derived from diversified and heterogeneous
sources such as e-commerce websites, IoT sensors, customer touchpoints, and social media web pages.
Big Data is not ordinary data and has to be harvested, stored, processed, and analyzed by specific
technology and processes.
All of the five principles of big data have been named 5Vs:
 Volume: The colossal volume of data which is being produced minute by minute from sources
like social media sites, web interaction, sensors, and other equipment. For example, Facebook is
getting 150,000 pictures alone within a minute, and Twitter receives over 500,000 tweets.
 Variety of Big Data is heterogeneous in nature, structured data category (i.e., relational database),
semi-structured data category (i.e., JSON, XML), and unstructured data categories (i.e., text,
image, videos, and tweets on social media). Variety of data is one of the biggest challenges of Big
Data Analytics.
 Velocity: Pace at which info is being developed and needs to be processed. Real-time creation of
information demands real-time or near-real-time processing in hopes of facilitating decision-
making based on data. A good example for stock market information is that it has to be processed
in terms of microseconds for facilitating real-time trading decisions.
 Veracity: Quality of data and purity of information. Big Data is concerned immensely with data
quality since poor data quality may result in wrong conclusions. Data cleansing and verification
processes must be incorporated to authenticate the information.
 Value: Business planning and decision-making must be guided by insights derived out of Big
Data. Deriving useful insights out of lots of big data is one of the key goals of Big Data Analytics.

2.2 What is Big Data Analytics?


Big Data Analytics is the analysis of massive and unstructured sets of data with the aim of establishing
hidden patterns, trends, and relations that are used in an attempt to make quality decisions. Big Data
Analytics comprises advanced analytics such as machine learning, artificial intelligence, and statistical
modeling applied in the data analysis arena. Through effective processing of structured and unstructured
data, Big Data Analytics provides companies with insights that will result in operational efficiency,
customer experience, and innovation.

Big Data Analytics Process contains a number of steps:


Data Collection: Data is gathered from sources including health databases, social media websites, IoT
sensors, and transaction systems. A few of the technologies utilized to collect data include real-time data
streaming, web scraping, and data mining.
Data Storage: Much data must be stored fault-tolerant and scalable. Cloud computing infrastructure,
distributed systems, and NoSQL databases (like Hadoop Distributed File System – HDFS) enable such
storage infrastructure.
Data Processing: The data will predominantly be raw and unstructured and therefore will need to be
cleaned, sorted and structured before it can be processed. Two examples of such software which can be
utilized to effectively and quickly process large volumes of data are Apache Spark and Hadoop
MapReduce.
Data Analysis and Visualization: Predictive and machine learning models forecast and detect trends
after data processing. The data is then graphed with tools like Power BI or Tableau so that business
executives can make effective decisions in real time.

Big Data Analytics has been categorized into four broad genres with diverse application :
 Descriptive Analytics: It's summarization of historical data to identify what happened and why it
did. An example would be analyzing historical sales to identify what performed better.
 Diagnostic Analytics: It's deeper analysis to identify why previous results occurred. An example
would be why a certain product line was selling lower.
 Predictive Analytics: It forecasts future behavior based on historical data and machine learning
algorithms. A good example would be churning or customer demand prediction.
 Prescriptive Analytics: It provides recommendations after considering data. It is the one that
helps organizations select the best method for doing something, e.g., recommending personalized
offers to customers.

3. Big Data Analytics Benefits


Big Data Analytics benefits individuals, organizations, and industries in various ways. It gives them
enhanced decision-making, enhanced operations, and enhanced customer experience.

3.1 Individual Benefits


o Personalized Experience: Big Data allows companies to deliver extremely customized
experiences, like suggesting a product or service to an individual depending on his/her need and
activity.
o Informed Decisions: Decisions based on facts supported by facts yield improved outcomes and
improved decision-making.
o Better Healthcare: Big Data healthcare results in effective treatments and risk assessment so
effective treatment may be offered.
o More enhanced Social Interaction: Social networking websites leverage Big Data to connect
similar people, and social networking can be more thrilling.
3.2 Business Advantage
Enhanced Market Insights: Big Data Analytics helps businesses create a better-performing understanding
of market trends and customer interest so that they can craft better products and advertisements.
Targeted Advertising: It targets the target consumer groups more precisely with Big Data, and wastage of
advertisements is avoided.
Risk Management: The risks can be identified in advance so that they will be eradicated.
Operational Efficiency: Big Data allows companies to automate operations, use the finest resources, and
maximize the overall efficiency of the company.
3.3 Industry-Wide Impact
Finance: Big Data enhances financial forecasting, customer profiling, and fraud detection to be more
efficient.
Healthcare: Big Data predicts patient readmission, maximizes the use of resources, and enhances disease
diagnosis and treatment.
Search Engines: Search engines calculate enormous data in mere seconds and present extremely relevant
outcomes.
Insurance: Big Data makes claims processing fast and efficient, as well as improving risk profiling.
Commerce: Online stores utilize Big Data to provide accurate suggestions, which leads to improved
customer satisfaction and revenue.

4. Challenges in Big Data Analytics


Even though confirmed to have been extremely useful in so many ways, Big Data Analytics also has
some problems that need to be addressed in order to make the most out of it.
Storage & Processing: Handling and storing huge volumes of unstructured data require new
infrastructure. Databases are not employed to process such types of data, and hence more advanced
distributed storage mechanisms need to be employed.
Security & Data Quality: The amount of raw data also breaks data security and integrity. Incorrect data
can lead to erroneous conclusions, and hence validation and cleansing processes are necessary.
Scaling & Technology Selection: With more data growing, businesses must select proper technologies
(like Hadoop, Spark, and NoSQL) to enable scalability and efficiency.
Real-Time Analytics & Validation: High-performance computing hardware is required for real-time
analysis of data. Data validation before consumption is critical in ensuring validation activities to
facilitate sound decision-making.
Industry-Specific Issues: Every firm has its own industry-specific issues, i.e., privacy in healthcare or
compliance in banking.

5. Big Data Analytics in Engineering and Career Professions


Big Data Analytics is revolutionizing engineering careers with the effectiveness, innovation, and ability to
utilize resources in the best manner.
 Chemical Engineering-
Process Optimization: Production conditions (temperature and pressure) are monitored using Big Data all
the time, and this leads to increased manufacturing efficiency and product quality.
Predictive Maintenance: Faulty equipment is detected by sensors much earlier than the equipment itself
breaks down, and hence downtime and plant efficiency decrease.
 Electrical Engineering
Grid Optimization: Big Data enables the grids to optimize based on monitoring real-time power
generation and usage data, leading to stable and efficient supply of energy.
Energy Efficiency: It provides the clean sources of energy like wind and sun to the grid because they are
power predictable in nature, thus making the system more reliable.
 Mechanical Engineering
Product Design: The usage data is utilized by engineers such that they develop products that are better
and more efficient.
Predictive Maintenance: Just like in chemical engineering, machine data are used to foresee failures and
scheduled maintenance prior to the occurrence of any problem.
Manufacturing Accuracy: Data are used to adopt the manufacturing parameters with greater precision,
with increased and uniform quality of products.
 Software Engineering
System Performance: Programmers can watch programs run in real-time by Big Data, and they can
change them as per user use and system use.
Cybersecurity: Security attacks become simple to identify and can be halted with big data processing.

 Civil Engineering:
Infra Monitoring: Sensors in infra like bridges, roads, and others make the condition of such monitored
and impact of damage could be felt beforehand and instant failure prevented.
Traffic Management: GPS and traffic sensor data allow engineers to manage traffic more effectively,
prevent traffic jam, and make roads safer.

Future Big Data Experts


As Big Data continues to evolve, it is transforming various lines of businesses and providing
opportunities to the data analytics, AI, and other experts.
Data Analyst: Predictive analytics and real-time data processing must be managed by activities like data
analysts. Python, R, and SQL programming languages must be comfortable processing big data and
drawing appropriate conclusions.
Data Scientist: Data scientists should be familiar with statistics, programming, and machine learning.
They design algorithms to solve intricate problems and construct prediction models from structured and
unstructured data.
AI Engineer: AI engineers integrate Big Data and artificial intelligence technologies to produce
experience-learning systems. They enable algorithms to operate effectively, transparently, and ethically in
autonomous vehicle and healthcare sectors.

Conclusion
Big Data Analytics offers life-changing possibilities everywhere and in Ethiopia's case, most
significantly for agriculture, medicine, and finance. Its advancement and urgency are
compounded by the 5Vs of Volume, Velocity, Variety, Veracity, and Value. Amid threats related
to human capital quality, security, and scarcity, undertakings such as AASTU's Big Data Center
mark signs of onward progress.
In engineering, Big Data can reduce the cost of infrastructure, improve energy consumption
efficiency, and stimulate innovation. Technologies like AI infusion, edge computing, and data
governance present chances for the development of Ethiopia.
Big Data adoption is essential for the development of Ethiopia. Hurdles aside, efficiency,
resource optimization, and improved decision-making are too valuable to ignore. Infrastructural,
educational, and data governance investments, along with government, academia, and private
sector collaboration towards the emergence of a flourishing data economy, are essential.
Proactive early adoption will lead Ethiopia towards a prosperous future through technology.
Reference
1. McAfee, A., & Brynjolfsson, E. (2012). Big Data: The Management Revolution. Harvard
Business Review, 90(10), 60-68.
2. Gandomi, A., & Haider, M. (2015). Beyond the Hype: Big Data Concepts, Methods, and
Analytics. International Journal of Information Management, 35(2), 137–144.
https://doi.org/10.1016/j.ijinfomgt.2014.10.007
3. Kaiser, M. S., Rathore, M. M., Ahmed, A., & Sangaiah, A. K. (2018). Cybersecurity Challenges
of Big Data and Data Analytics. Springer Journal on Intelligent Systems, 3(1), 5–17.

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