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• By: group 5

• Members:

BIG DATA Christian Forest Raguini


Alfred De Guzman
Ronan Matthew Del Monte
Regie Almadrones
flow
Introduction To Big Data
Characteristics Of Big Data
Use And Purpose
Advantage and Disadvantage
Areas where Big Data is Applied
Introduction
• refers to data sets that are too large or complex to
be dealt with by traditional data-processing
application software. Data with many fields offer
greater statistical power, while data with higher
complexity may lead to a higher false discovery
rate. Big data analysis challenges include capturing
data, data storage, data analysis, search, sharing,
transfer, visualization, querying, updating,
information privacy, and data source. The analysis
of big data presents challenges in sampling, and
thus previously allowing for only observations and
sampling
Next

Characteristics
• Volume
• Variety : (Big Data could be 1.Structured, 2.Unstructured, 3.Semi-structured)
• Velocity
• Veracity
• Value
• Variability
Volume
• The quantity of generated and stored data. The size of
the data determines the value and potential insight,
and whether it can be considered big data or not.

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Variety
• The type and nature of the data. Variety refers to heterogeneous sources
and the nature of data, both structured and unstructured.
• Types of data:
• • structured data, such as transactions and financial records.
• • unstructured data, such as text, documents, and multimedia
files.
• • semi-structured data, such as web server logs and streaming
data from sensors.

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Velocity
• The speed at which the data is generated and
processed to meet the demands and challenges that
lie in the path of growth and development. Big data
is often available in real-time.

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Veracity
• The truthfulness or reliability of the data, which refers
to the data quality and the data value. Big data must
not only be large in size, but also must be reliable in
order to achieve value in the analysis of it.

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Value
• The worth in information that can be achieved by the
processing and analysis of large datasets. Value also
can be measured by an assessment of the other
qualities of big data. Value may also represent the
profitability of information that is retrieved from the
analysis of big data.

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• The characteristic of the changing formats, structure, or sources of
big data. This refers to the inconsistency which can be shown by the
Variability data at times, thus hampering the process of being able to handle
and manage the data effectively. The processing of raw data may
also involve transformations of unstructured data to structured data.

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Companies use big data in their systems
Big data is also used by medical researchers
Use And energy industry
Purpose Financial services
Manufacturers and transportation
government
Areas where Big Data is Applied next

Government Finance Healthcare Media


Government
• The use and adoption of big data within governmental processes allows
efficiencies in terms of cost, productivity, and innovation. Data analysis
often requires multiple parts of government (central and local) to work
in collaboration to deliver the desired end-effectiveness. It can also
create new and innovative processes to help governments meet their
goals.

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Finance
• Big Data is being adopted in Finance to deliver better, more informed
inferences. The financial applications of Big Data range from investing
decisions and trading (processing volumes of available price data, limit
order books, economic data and more, all at the same time) to portfolio
management.

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Healthcare
• Big data analytics was used in healthcare by providing personalized
medicine and prescriptive analytics. There is now an even greater need
for such environments to pay greater attention to data and information
quality.

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media
• The industry appears to be moving away from the traditional approach
of using specific media environments such as newspapers, magazines,
or television shows and instead taps into consumers with technologies
that reach targeted people at optimal times in optimal locations.

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Advantage and Disadvantage

Advantages: Disadvantages:
• Opportunities to Make Better Decisions • Questionable Data Quality
• Increasing Productivity and Efficiency • Heightened Security Risks
• Reducing Costs • Compliance Headaches
• Improving Customer Service and • Cost and Infrastructure Issues
Customer Experience
• Big Data Skills Shortage
• Fraud and Anomaly Detection
• Greater Agility and Speed to Market
• Big Data definition : Big Data meaning a data that is huge in size. Bigdata is a term used to describe a collection of data that is huge in size
and yet growing exponentially with time.
• Volume, Variety : (Big Data could be 1.Structured, 2.Unstructured, 3.Semi-structured),Velocity, and Variability are few Big Data characteristics

• Advantages:
• Opportunities to Make Better Decisions
• Increasing Productivity and Efficiency

Summary
• Reducing Costs
• Improving Customer Service and Customer Experience
• Fraud and Anomaly Detection
• Greater Agility and Speed to Market
• Disadvantages:
• Questionable Data Quality
• Heightened Security Risks
• Compliance Headaches
• Cost and Infrastructure Issues
• Big Data Skills Shortage
references
•https://www.techtarget.com/searchdatamanagement/definition/big-
data?fbclid=IwAR1aw3mDiBBijQ8icQqI8QN1rk8Eala1t0tsLsyCPv3LSl7laVEik6xeGyw
•https://en.m.wikipedia.org/wiki/Big_data?fbclid=IwAR3kd_6-
TsXrE3uCpuH7uP2RMy598czbn0-tHhi5vcblMuQOq1_gR9L0x0Q
•https://itchronicles.com/big-data/pros-and-cons-of-big-data/

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