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Operational and Analytical Big Data

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0% found this document useful (0 votes)
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Operational and Analytical Big Data

Uploaded by

joabjoshuajr
Copyright
© © All Rights Reserved
Available Formats
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Operational and

Analytical Big
z
Data
Mr. Joab Mumbere MCA (Amity), BIS (Mak).
[email protected]
+256703729371 (WhatsApp).
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Skills in Big Data

1. Essential Skills for Big Data Technologies:


 Proficiency in programming languages such as Python, Java, or Scala.
 Familiarity with big data frameworks and tools like Hadoop, Spark, and
Kafka.
 Data querying and manipulation skills using SQL and NoSQL databases.
 Statistical analysis and machine learning expertise.
 Problem-solving and critical thinking for complex data challenges.
 Strong communication skills for translating technical insights into actionable
business strategies.
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Skills Big Data
2. Roles in the Big Data Landscape:
 Data Scientists:
 Analyze and interpret complex datasets to extract valuable insights.
 Develop and implement machine learning models for predictive
analytics.
 Analysts:
 Utilize statistical methods to interpret data and provide actionable
recommendations.
 Generate reports and visualizations to communicate findings.
 Engineers:
 Design and implement scalable data processing pipelines.
 Ensure the efficient storage, retrieval, and processing of large
datasets.
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Adoption in Big Data

1. Factors Influencing Adoption:


 Technological Advancements:
 Evaluate how advancements in big data technologies drive
adoption.
 Cost Considerations:
 Assess the financial implications of implementing and
maintaining big data solutions.
 Industry Trends:
 Explore how industry-specific trends influence the adoption of
big data.
 Competitive Advantage:
 Understand how organizations use big data to gain a
competitive edge.
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Adoption in Big Data
2. Challenges and Benefits:
 Challenges:
 Addressing data privacy and security concerns.
 Managing the complexity of integrating big data into
existing IT infrastructure.
 Overcoming resistance to change and skill gaps within the
workforce.
 Benefits:
 Improved decision-making through data-driven insights.
 Enhanced customer experiences and personalized
services.
 Increased operational efficiency and cost savings.
Governance
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in Big Data
1. Importance of Data Governance:
 Ensures data quality, integrity, and compliance with regulations.
 Establishes accountability and responsibility for data management.
 Mitigates risks related to data security and privacy.

2. Governance Frameworks and Best Practices:


 Data Classification:
 Categorize data based on sensitivity and usage restrictions.
 Access Controls:
 Implement strict controls on data access, considering roles and permissions.
 Data Auditing:
 Regularly audit data processes and access to maintain transparency.
 Policy Enforcement:
 Enforce data governance policies consistently across the organization.
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Big Data Statistics

Big Data Statistics involves the application of statistical techniques and methodologies
to extract meaningful insights from large and complex datasets.

Significance of Statistics in Big Data:


• Informed Decision-Making:
• Statistics provide a foundation for making informed decisions based on data-driven
insights.
• Pattern Recognition:
• Statistical analysis helps identify patterns, trends, and anomalies within large
datasets.
• Prediction and Forecasting:
• Enables the use of predictive modeling and forecasting to anticipate future trends.
Big
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Data Statistics
Key Statistical Concepts in Big Data:
 Descriptive Statistics:
 Summarizes and describes the main features of a dataset using measures such as
mean, median, and standard deviation.

 Inferential Statistics:

 Draws inferences about a population based on a sample of data, using


techniques like hypothesis testing and regression analysis.

 Correlation and Regression:

 Examines the relationships between variables, allowing for the prediction of


one variable based on another.

 Probability Distributions:

 Understanding and modeling the distribution of data for making probabilistic


assessments.
Big
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Data Statistics

Statistical Techniques in Big Data Analytics:

 Sampling Methods:
 Utilizing sampling techniques to analyze subsets of large datasets
for efficiency.

 Hypothesis Testing:
 Evaluating hypotheses and making statistical inferences about
population parameters.

 Machine Learning Algorithms:


 Many machine learning algorithms are based on statistical
principles, such as regression, clustering, and classification.
Big
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Data Statistics

Challenges in Big Data Statistics:

 Volume and Scale:


 Managing and processing massive volumes of data efficiently.

 Variety of Data Sources:


 Integrating and analyzing diverse data types and structures.

 Velocity:
 Analyzing data in real-time or near-real-time to keep up with the
pace of incoming data.
Big
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Data Statistics

Applications of Big Data Statistics:

 Predictive Analytics:
 Forecasting future trends and outcomes based on historical data.

 Anomaly Detection:
 Identifying unusual patterns or outliers in large datasets.

 Personalization:
 Customizing user experiences and recommendations based on
statistical models.
Big
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Data Statistics

Tools and Technologies for Big Data Statistics:

 R and RStudio:
 Widely used for statistical computing and graphics.

 Python with Libraries (NumPy, Pandas, SciPy):


 Powerful for statistical analysis and data manipulation.

 Apache Spark MLlib:


 Integrated machine learning library for big data processing.
Big
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Data Statistics

Ethical Considerations:

 Privacy and Security:


 Ensuring that statistical analysis is conducted ethically and in
compliance with privacy regulations.

 Bias and Fairness:


 Addressing potential biases in data and models to ensure fair and
equitable results.
Big
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Data Statistics

Conclusion:
Big Data Statistics plays a crucial role in extracting valuable insights, patterns,
and predictions from vast and diverse datasets. It forms the basis for data-
driven decision-making and contributes to the advancement of various
fields, including business, healthcare, and scientific research.
Understanding statistical concepts and employing appropriate techniques
are essential for harnessing the full potential of big data analytics.
Business Intelligence vs. Big Data vs.
Data
z Mining
Business Intelligence (BI):
 Definition and Distinction:
 Business Intelligence (BI): BI involves the use of tools and technologies to
collect, analyze, and present business data for decision-making.
 Distinguishing BI from Big Data: While BI traditionally deals with
structured data for reporting and analysis, big data encompasses large
volumes of structured and unstructured data, presenting different challenges
and opportunities.

 BI Tools and Decision Support:


 BI tools like Tableau, Power BI, and Qlik enable organizations to create
interactive dashboards and reports.
 Role in Decision Support: BI facilitates data-driven decision-making by
providing insights into historical and current business performance.
Business Intelligence vs. Big Data vs. Data Mining
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Big Data:
 Characteristics and Challenges:
 Unique Characteristics:

 Scale: Deals with massive volumes of data that exceed the capacity of
traditional databases.
 Variety: Includes diverse data types, such as text, images, and streaming
data.
 Velocity: Involves high-speed data processing and real-time analytics.

 Challenges:

 Managing and processing large volumes of data efficiently.

 Integrating diverse data sources and formats.


Business Intelligence vs. Big Data vs. Data Mining
z

§ Scale, Variety, and Velocity Aspects:


§ Scale: Big data operates on a scale beyond the capabilities of traditional
databases, often involving petabytes of data.
§ Variety: Encompasses structured, semi-structured, and unstructured
data, requiring flexible data processing methods.
§ Velocity: Involves processing and analyzing data in real-time or near-
real-time to keep up with rapid data inflow.
Business Intelligence vs. Big Data vs.
Data
z Mining
Data Mining:
 Definition and Relationship with Big Data Analytics:
 Data Mining: Data mining is the process of discovering patterns and
relationships in large datasets to extract useful information.
 Relationship with Big Data Analytics: Data mining is a subset of big data
analytics, focusing on uncovering insights through techniques like clustering,
association rule mining, and regression analysis.

 Techniques for Pattern Discovery and Predictive Modeling:


 Pattern Discovery: Data mining techniques, such as clustering and
association analysis, help identify patterns and trends within datasets.
 Predictive Modeling: Utilizes algorithms to create models that predict future
outcomes based on historical data.
Business Intelligence vs. Big Data vs.
Data
z Mining

Conclusion:
Understanding the distinctions between Business Intelligence, Big Data, and Data
Mining is essential for organizations seeking to leverage data for strategic decision-
making. While BI focuses on reporting and analysis of structured data, big data
encompasses the challenges of handling large volumes, diverse types, and high-
velocity data. Data mining, as a component of big data analytics, specializes in
extracting patterns and insights from vast datasets, contributing to predictive
modeling and informed decision-making. The integration of these concepts
empowers organizations to harness the full potential of their data resources.
Case
z Studies in Successful Big Data
Implementations
Case Study 1: Amazon's Recommendation System
Overview:

 Implementation: Amazon employs big data analytics to power its recommendation


system, suggesting products based on user behavior and preferences.

 Success Factors:
 Enhanced user experience and engagement.

 Increased sales through personalized recommendations.

 Challenges and Lessons Learned:


 Challenge: Managing and processing vast amounts of customer data.

 Lesson: The importance of leveraging user data for personalized


recommendations, contributing to customer satisfaction and loyalty.
Case
z Studies in Successful Big Data
Implementations
Case Study 2: Netflix and Content Recommendation
Overview:

 Implementation: Netflix utilizes big data algorithms to recommend movies and TV


shows to users, improving content discovery.

 Success Factors:
 Improved user retention by providing personalized content suggestions.

 Increased user satisfaction and platform engagement.

 Challenges and Lessons Learned:


 Challenge: Analyzing diverse user behaviors and preferences.

 Lesson: The significance of continuous adaptation of recommendation


algorithms for evolving user tastes.
Case
z Studies in Successful Big Data
Implementations
Case Study 3: Uber's Dynamic Pricing

Overview:

 Implementation: Uber employs big data analytics for dynamic pricing, adjusting fares based
on demand, traffic, and other factors.

 Success Factors:
 Optimized pricing strategy for supply and demand balance.
 Improved revenue generation during peak times.

 Challenges and Lessons Learned:


 Challenge: Real-time processing of large volumes of data for dynamic decision-
making.
 Lesson: The impact of dynamic pricing on both customer satisfaction and driver
incentives.
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Conclusion

Analyzing real-world case studies of successful big data


implementations provides valuable insights into the diverse
applications and benefits across industries. While these
implementations bring success, they also highlight challenges
such as data management, real-time processing, and the
ethical considerations of handling sensitive information.
Lessons learned from these cases emphasize the importance
of adaptability, continuous improvement, and the strategic use
of big data for achieving business objectives.

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