Big Data Analytics
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.
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.
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.
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.