Big Data: Terms, Definitions, and Applications

Organizations have varied opinions on what Big Data means and how it works. Some still believe it is a matter of analysing their old databases and creating better reports. In this Knowledge Sharing article, Anuj Mediratta explores:

• What Big Data and Big Data Analytics mean

• How database analysis, predictive analysis, and real time analytics differ

• The ideal scenarios where each of them should be used

• The market trends towards adoption of big data analytics

• Which business verticals are getting the most benefits of this

The article includes application of various tools used for building a big data analytics infrastructure and their utilization. An examination of cloud-based models of big data analytics is also provided.

Relevant for the business community as a whole, this article will be of particular interest to IT engineers and business owners or their consultants. The case studies provided will inform the business community how other organizations and business verticals are using the power of big data analytics to enhance their business. In turn, this would help them see how they can use these to enhance their own productivity and achieve better business outcomes.

The article serves as a good reference point for many IT professionals as it would help simplify understanding of big data analytics and evaluate how simple it would be to implement into practice.

Read the full article.