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Mauricio Palma
Mauricio Palma
Mauricio Palma

October 14, 2023

October 14, 2023

October 14, 2023

Big Data

Big Data

Big Data

"Big Data: Vast volumes of information, analyzed for insights, innovation, and informed decision-making across industries."

"Big Data: Vast volumes of information, analyzed for insights, innovation, and informed decision-making across industries."

"Big Data: Vast volumes of information, analyzed for insights, innovation, and informed decision-making across industries."

What Is Big Data?

Big data refers to massive, complex data sets (either structured, semi-structured or unstructured) that are rapidly generated and transmitted from a wide variety of sources. 

These attributes make up the three Vs of big data:  

  1. Volume: The huge amounts of data being stored.

  2. Velocity: The lightning speed at which data streams must be processed and analyzed.

  3. Variety: The different sources and forms from which data is collected, such as numbers, text, video, images, audio and text.

These days, data is constantly generated anytime we open an app, search Google or simply travel place to place with our mobile devices. The result? Massive collections of valuable information that companies and organizations manage, store, visualize and analyze.

Traditional data tools aren’t equipped to handle this kind of complexity and volume, which has led to a slew of specialized big data software platforms and architecture solutions designed to manage the load.

How Is Big Data Used?

The diversity of big data makes it inherently complex, resulting in the need for systems capable of processing its various structural and semantic differences. 

Big data requires specialized NoSQL databases that can store the data in a way that doesn’t require strict adherence to a particular model. This provides the flexibility needed to cohesively analyze seemingly disparate sources of information to gain a holistic view of what is happening, how to act and when to act.

When aggregating, processing and analyzing big data, it is often classified as either operational or analytical data and stored accordingly.

Operational systems serve large batches of data across multiple servers and include such input as inventory, customer data and purchases — the day-to-day information within an organization.

Analytical systems are more sophisticated than their operational counterparts, capable of handling complex data analysis and providing businesses with decision-making insights. These systems will often be integrated into existing processes and infrastructure to maximize the collection and use of data.

Regardless of how it is classified, data is everywhere. Our phones, credit cards, software applications, vehicles, records, websites and the majority of “things” in our world are capable of transmitting vast amounts of data, and this information is incredibly valuable.

Big data analytics is used in nearly every industry to identify patterns and trends, answer questions, gain insights into customers and tackle complex problems. Companies and organizations use the information for a multitude of reasons like growing their businesses, understanding customer decisions, enhancing research, making forecasts and targeting key audiences for advertising.

BIG DATA EXAMPLES

  • Personalized e-commerce shopping experiences.

  • Financial market modeling.

  • Enhanced medical research from data point compilation.

  • Media recommendations on streaming services.

  • Predicting crop yields for farmers.

  • Analyzing traffic patterns to lessen city congestion.

  • Retail shopping habit recognition and product placement optimization.

  • Maximizing sports teams’ efficiency and value.

  • Education habit recognition for individual students, schools and districts.

What Is Big Data?

Big data refers to massive, complex data sets (either structured, semi-structured or unstructured) that are rapidly generated and transmitted from a wide variety of sources. 

These attributes make up the three Vs of big data:  

  1. Volume: The huge amounts of data being stored.

  2. Velocity: The lightning speed at which data streams must be processed and analyzed.

  3. Variety: The different sources and forms from which data is collected, such as numbers, text, video, images, audio and text.

These days, data is constantly generated anytime we open an app, search Google or simply travel place to place with our mobile devices. The result? Massive collections of valuable information that companies and organizations manage, store, visualize and analyze.

Traditional data tools aren’t equipped to handle this kind of complexity and volume, which has led to a slew of specialized big data software platforms and architecture solutions designed to manage the load.

How Is Big Data Used?

The diversity of big data makes it inherently complex, resulting in the need for systems capable of processing its various structural and semantic differences. 

Big data requires specialized NoSQL databases that can store the data in a way that doesn’t require strict adherence to a particular model. This provides the flexibility needed to cohesively analyze seemingly disparate sources of information to gain a holistic view of what is happening, how to act and when to act.

When aggregating, processing and analyzing big data, it is often classified as either operational or analytical data and stored accordingly.

Operational systems serve large batches of data across multiple servers and include such input as inventory, customer data and purchases — the day-to-day information within an organization.

Analytical systems are more sophisticated than their operational counterparts, capable of handling complex data analysis and providing businesses with decision-making insights. These systems will often be integrated into existing processes and infrastructure to maximize the collection and use of data.

Regardless of how it is classified, data is everywhere. Our phones, credit cards, software applications, vehicles, records, websites and the majority of “things” in our world are capable of transmitting vast amounts of data, and this information is incredibly valuable.

Big data analytics is used in nearly every industry to identify patterns and trends, answer questions, gain insights into customers and tackle complex problems. Companies and organizations use the information for a multitude of reasons like growing their businesses, understanding customer decisions, enhancing research, making forecasts and targeting key audiences for advertising.

BIG DATA EXAMPLES

  • Personalized e-commerce shopping experiences.

  • Financial market modeling.

  • Enhanced medical research from data point compilation.

  • Media recommendations on streaming services.

  • Predicting crop yields for farmers.

  • Analyzing traffic patterns to lessen city congestion.

  • Retail shopping habit recognition and product placement optimization.

  • Maximizing sports teams’ efficiency and value.

  • Education habit recognition for individual students, schools and districts.

What Is Big Data?

Big data refers to massive, complex data sets (either structured, semi-structured or unstructured) that are rapidly generated and transmitted from a wide variety of sources. 

These attributes make up the three Vs of big data:  

  1. Volume: The huge amounts of data being stored.

  2. Velocity: The lightning speed at which data streams must be processed and analyzed.

  3. Variety: The different sources and forms from which data is collected, such as numbers, text, video, images, audio and text.

These days, data is constantly generated anytime we open an app, search Google or simply travel place to place with our mobile devices. The result? Massive collections of valuable information that companies and organizations manage, store, visualize and analyze.

Traditional data tools aren’t equipped to handle this kind of complexity and volume, which has led to a slew of specialized big data software platforms and architecture solutions designed to manage the load.

How Is Big Data Used?

The diversity of big data makes it inherently complex, resulting in the need for systems capable of processing its various structural and semantic differences. 

Big data requires specialized NoSQL databases that can store the data in a way that doesn’t require strict adherence to a particular model. This provides the flexibility needed to cohesively analyze seemingly disparate sources of information to gain a holistic view of what is happening, how to act and when to act.

When aggregating, processing and analyzing big data, it is often classified as either operational or analytical data and stored accordingly.

Operational systems serve large batches of data across multiple servers and include such input as inventory, customer data and purchases — the day-to-day information within an organization.

Analytical systems are more sophisticated than their operational counterparts, capable of handling complex data analysis and providing businesses with decision-making insights. These systems will often be integrated into existing processes and infrastructure to maximize the collection and use of data.

Regardless of how it is classified, data is everywhere. Our phones, credit cards, software applications, vehicles, records, websites and the majority of “things” in our world are capable of transmitting vast amounts of data, and this information is incredibly valuable.

Big data analytics is used in nearly every industry to identify patterns and trends, answer questions, gain insights into customers and tackle complex problems. Companies and organizations use the information for a multitude of reasons like growing their businesses, understanding customer decisions, enhancing research, making forecasts and targeting key audiences for advertising.

BIG DATA EXAMPLES

  • Personalized e-commerce shopping experiences.

  • Financial market modeling.

  • Enhanced medical research from data point compilation.

  • Media recommendations on streaming services.

  • Predicting crop yields for farmers.

  • Analyzing traffic patterns to lessen city congestion.

  • Retail shopping habit recognition and product placement optimization.

  • Maximizing sports teams’ efficiency and value.

  • Education habit recognition for individual students, schools and districts.