Unit1
Unit1
Unit1
Source-https://medium.com/analysts-corner/what-is-big-data-and-why-is-it-important-to-business-41d3d0bd9d87
Why Big Data Analytics?
• Risk Management
• Product Development and Innovations
• Quicker and Better Decision making
• Improve Customer Experience
• Complex Supplier Networks
• Focused And Targeted Campaigns
https://www.analyticssteps.com/blogs/what-big-data-analytics-definition-advantages-and-types
Types of BDA
Big data analytics is categorized into four subcategories that are:
•Descriptive Analytics
•Diagnostic Analytics
•Predictive Analytics
•Prescriptive Analytics
https://www.analyticssteps.com/blogs/what-big-data-analytics-definition-advantages-and-types
https://www.zucisystems.com/blog/big-data-analytics/
Types of Data
Healthcare Example
Hadoop
Hadoop is an open source framework overseen by
Apache Software Foundation which is written in Java
for storing and processing of huge datasets with the
cluster of commodity hardware.
There are mainly two problems with the big data.
First one is to store such a huge amount of data and
the second one is to process that stored data.