Professional Documents
Culture Documents
Fundamentals of Big Data and Business Analytics
Fundamentals of Big Data and Business Analytics
Fundamentals of Big Data and Business Analytics
General Electric –State and explain how this generated data is leveraged to enable
growth in manufacturing sector for GE. Provide example of 2 business questions using
the data and potential analytics approach.
Answer:
Big Data helps manufacturing companies to stay competitive in the vast manufacturing
market. Big data is being used to achieve productivity and efficiency gains and uncover new
insights that drive innovation. Using data analytics, manufacturers can discover new
information and identify patterns that enable them to improve processes, increase supply
chain efficiency and identify variables that affect production quality. Data analytics helps
manufacturers uncover defects in processes, speed product development and improve
product quality. GE has leveraged the generated data for its growth in the manufacturing
sector by following steps:
Cost reduction
GE has leveraged big data technology called Hadoop to reduce cost for storage
of large data and to perform business efficiently.
Optimize production processes to improve output and efficiency
Streamline supply chains by discovering inefficiencies
Reduce warranty and service costs through proactive problem solving
Increase Revenue
Better forecast demand to ensure the right product mix
Use customer insights to improve design, operations and marketing
Innovate with new, intelligent products & transportation services
Avoid Risks
Improve Quality Assurance and minimize liability exposure with early detection
Reduce production risk by analysing safety, quality, security issues
Enterprise growth
Compare the performance differences and reasons across different sites
Ability to analyse production plans
Ability to apply predictive models
a. What is the end-to-end big data architecture required in this context? Show it
preferably using a diagram/ flowchart. You can explain possible tools which can be
leveraged in the life cycle and the rationale for the tool.
Answer:
Big data architecture helps to perform analysis and processing of data that is very large
and complex for traditional database systems.
Data sources. All big data solutions have one or more data sources. Example: relational
databases.
o Static files produced by applications, such as web server log files.
o Example: IoT devices.
Data storage.
o Data is stored in a distributed file store Example: Azure Data Lake Store or blob
containers in Azure Storage.
Batch processing.
o Processing of large data files through batch jobs.
o Example: - U-SQL jobs in Azure Data Lake Analytics.
2. Explain how clouds have increasingly transformed the adoption of big data in the
companies. You must mention 3 examples of business cases which could transform
their business. What choices one needs to make to improve cost optimization while
using the cloud-based platform.
Answer: Clouds have increasingly transformed the adoption of big data in the companies
because:-
Increase productivity:
o Highly flexible coupled with lesser distractions
o Work-life balance for remote workers
o Improving job satisfaction scores
o Agile, scalable, and flexible
Clouds have transformed the adoption of big data in the companies in following
manner:
SwiftKey
RedBus
Nokia