Big Data Chapter One
Most of the tech used in big data was used by:
Different industries such as distributed file systems, parallel processing, and clustering. Reynolds, Vince. Big Data For Beginners: Understanding SMART Big Data, Data Mining & Data Analytics For improved Business Performance, Life Decisions & More! (Kindle Location 206). . Kindle Edition.
What is Big Data regarded as the enterprise equivalent of?
HPC
What is HPC?
High Performance Computing
How big is Big Data?
It is estimated that over 2.5 quintillion bytes of data (2.5 x 1018) is created by us every day. This massive flood of data which we collectively call as 'big data' just keeps on getting bigger and bigger through time. Experts estimate that its volume will reach 35 zetta bytes (35 x 1021) by 2020. Reynolds, Vince. Big Data For Beginners: Understanding SMART Big Data, Data Mining & Data Analytics For improved Business Performance, Life Decisions & More! (Kindle Locations 141-144). . Kindle Edition.
Enterprise supercomputing was developed by:
Online companies with worldwide operations that require the processing of exponentially growing numbers of users and their profiles (Yahoo!, Google, and Facebook). Reynolds, Vince. Big Data For Beginners: Understanding SMART Big Data, Data Mining & Data Analytics For improved Business Performance, Life Decisions & More! (Kindle Locations 207-208). . Kindle Edition.
What is Big Data
This enormous, ever growing data that goes through and are stored in the web together with the developing technologies designed to handle it is what is collectively referred to as 'big data'. Reynolds, Vince. Big Data For Beginners: Understanding SMART Big Data, Data Mining & Data Analytics For improved Business Performance, Life Decisions & More! (Kindle Locations 119-120). . Kindle Edition.
During the 1960's what did financial institutions use enterprise computers for?
To automate accounts and manage their credit card ventures. Reynolds, Vince. Big Data For Beginners: Understanding SMART Big Data, Data Mining & Data Analytics For improved Business Performance, Life Decisions & More! (Kindle Location 234). . Kindle Edition.
How do you get valuable information from big data ?
Valuable information have to be 'mined' and 'refined' first before they can be put into good use - much like drilling for oil that is buried underground.'big data' users have to dig deep, sift through, and analyze the layers upon layers of data sets that makes up big data before they can extract usable sets that has specific value to them. Reynolds, Vince. Big Data For Beginners: Understanding SMART Big Data, Data Mining & Data Analytics For improved Business Performance, Life Decisions & More! (Kindle Locations 167-168). . Kindle Edition.
What is big data analytics?
When big data is mined, processed, and analyzed for pertinent data hat can e used for new values.
What is peer influence?
A new marketing factor which played an important role in shaping shopping preferences. It allowed them to establish specific market needs and segments without the need to conduct tedious product samplings thus, blazing the trail for data driven marketing. Reynolds, Vince. Big Data For Beginners: Understanding SMART Big Data, Data Mining & Data Analytics For improved Business Performance, Life Decisions & More! (Kindle Location 183). . Kindle Edition.