Buzzword scheme
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The document discusses the key concepts related to big data, including its volume, velocity, and variety, as well as tools like Hadoop for storage and MapReduce for processing. It emphasizes the role of data science in extracting insights using statistical, machine learning, and data mining techniques for generating business intelligence reports and predictive analytics. Additionally, applications extend beyond dashboards into areas like network security and image processing.
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Buzzword scheme
- 1. Buzzword Scheme Big Data: Volume, Velocity, Variety Hadoop: Storage MapReduce: Processing OLAP: Storage, Querying Business Intelligence Reports, Dashboards Predictive Analytics What is going to happen? Data Science Applying statistical/probabilistic, data mining, machine learning techniques to make sense out of data Extracting KPIs for dashboards using data science Using statistical, machine learning, data mining models to make predictions for dashboards Using threshold- based/rule based models to make predictions for dashboards Using threshold-based/rule based models to make predictions for non-dashboard applications (antispam, network security, etc.) Using statistical, machine learning, data mining models to make predictions predictions for non-dashboard applications (antispam, network security, etc.) Using statistical, machine learning, data mining models make sense of data: image processing, audio processing, pattern recognition etc.