Operational and Analytical Big Data
Operational and Analytical Big Data
Analytical Big
z
Data
Mr. Joab Mumbere MCA (Amity), BIS (Mak).
[email protected]
+256703729371 (WhatsApp).
z
Skills in Big Data
Big Data Statistics involves the application of statistical techniques and methodologies
to extract meaningful insights from large and complex datasets.
Inferential Statistics:
Probability Distributions:
Sampling Methods:
Utilizing sampling techniques to analyze subsets of large datasets
for efficiency.
Hypothesis Testing:
Evaluating hypotheses and making statistical inferences about
population parameters.
Velocity:
Analyzing data in real-time or near-real-time to keep up with the
pace of incoming data.
Big
z
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
z
Data Statistics
R and RStudio:
Widely used for statistical computing and graphics.
Ethical Considerations:
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.
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:
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:
Success Factors:
Enhanced user experience and engagement.
Success Factors:
Improved user retention by providing personalized content suggestions.
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.