UrbanPro
true

Learn BI Reporting from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

What is Big Data and Why Do Organizations Need It?

ITech Analytic Solutions
30/12/2016 0 0

Big data is a term that describes the large volume of data – both structured and unstructured – that inundates a business on a day-to-day basis. But it’s not the amount of data that’s important. It’s what organizations do with the data that matters. Big data can be analyzed for insights that lead to better decisions and strategic business moves.

While the term “big data” is relatively new, the act of gathering and storing large amounts of information for eventual analysis is ages old. The concept gained momentum in the early 2000s when industry analysts articulated the now-mainstream definition of big data as the three Vs:

Volume – Organizations collect data from a variety of sources, including business transactions, social media and information from sensor or machine-to-machine data. In the past, storing it would’ve been a problem – but new technologies (such as Hadoop) have eased the burden.

Velocity – Data streams in at an unprecedented speed and must be dealt with in a timely manner. RFID tags, sensors and smart metering are driving the need to deal with torrents of data in near-real time.

Variety – Data comes in all types of formats – from structured, numeric data in traditional databases to unstructured text documents, email, video, audio, stock ticker data and financial transactions.

0 Dislike
Follow 0

Please Enter a comment

Submit

Other Lessons for You

Excel Tip: Use Index Or Match Instead Of Vlookup Or Hlookup.
Hi, In today's Excel topic we will see how Index & Match function is superior than Vlookup/Hlookup. With Index and Match, the return value need not be in the same column as the lookup column, unlike...

R vs Statistics
I frequently asked the below question from my students: 'Do I You need Statistics to learn R Programming?' The answer is, NO. If you want to learn R programming only, Stat is not required. You can be...

DBMS (Database Management System) Vs RDBMS ( Relational Database Management System)
DBMS RDBMS Stored data in a file Stored data in a table As it is stored in a file, there is no relationship concept Data in one table may be relationship with data in another table...

Different Data File Formats in Big Data
Overview In this lesson I will be explaining the different kinds of Data File formats used in Big Data, These are widely used but unspoken of. Anyone aspiring to be a Data Engineer/Data Analyst/ML...

REFERENCE BOOKS FOR DATA SCIENCE
Dear All, You can use the following books to master the DATA SCIENCE Concepts 1) First Course in Probability-Ronald Russel 2)Applied Regression Analysis-Drapper and Smith 3)Applied Multivariate Analysis-Richard...

Looking for BI Reporting Training?

Learn from Best Tutors on UrbanPro.

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for BI Reporting Classes?

The best tutors for BI Reporting Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Learn BI Reporting with the Best Tutors

The best Tutors for BI Reporting Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more