Big Data Challenge
Understand Big Data Problems and How to Solve it In a article we have learned about the key characteristics of Big Data. It is now time to understand the challenges or problems that come with big data set. So in …
Hadoop, MapReduce and HDFS
The big data boom has brought many new terms and concepts to the forefront that may be well understood by IT developers, but can be confusing to business analysts and other end-users of big data applications. MapReduce and Hadoop are …
Big Data for Banking
As the era of electronic banking shapes the industry in ways never before seen, banks have to decide how they will utilize the sheer volume of data that is streaming into organizations. Data is now being created, manipulated and transmitted …
Big Data for Healthcare
The healthcare industry accumulates massive amounts of data on a continuous basis. It is rapidly streaming into organizations, from electronic medical records and laboratory reports to professional correspondence and health insurance claims. While this structured data in the hands of …
Big Data for Insurance
Managing risk is the cornerstone of the insurance industry. For organizations to fully manage risk, analysis of all data at their disposal is crucial. Technology may not make the actuarial and underwriter obsolete, but it can give these professionals the …
Big Data for Travel
The diversity of providers within the travel and transportation industry largely experience similar challenges, irrespective of whether it is for personal travel or freight transportation. The highly competitive travel and transport industry means that providers have to cater for individual …
Big Data for Retail
Retailers are no longer confined to traditional brick-and-mortar stores or local business hours. And neither is the source of their data. Product inquiries, browsing, sales and customer interaction are occurring every minute of every day well beyond the traditional geographic …
Fundamentals of Data Mining
Data mining is a relatively new term to describe the process of finding new and unobvious patterns among large volumes of raw data in order to discover useful information and extract knowledge from it. For this reason, data mining is …
Importance of Big Data Analytics
Big data has become somewhat of a buzzword in recent years. But it offers organizations a wealth of insight when analyzed and harnessed for decision-making. The volume, variety and velocity of incoming data that businesses face today means that specialized …
Small Business Big Data
The explosion of big data concepts has often been portrayed in the backdrop of big business – multinational corporations with global brands and a massive customer base extending across continents. However, big data is just as valuable and relevant to …