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    The Power of Big Data

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    Kevinadiputra
    The document discusses the topic of big data and its power to revolutionize business and decision making. It defines big data as the massive amounts of data generated by modern technology and society, characterized by high volume, velocity, and variety. It outlines some of the key challenges of managing big data, such as data quality, integration, and privacy/security. It also provides examples of how big data impacts industries like retail, healthcare, energy, marketing, finance, sports, and e-commerce. The document concludes by discussing tools used to process big data and the future potential of big data through machine learning, IoT, and blockchain.

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    The Power of Big Data

    Uploaded by

    Kevinadiputra
    15 views8 pages
    The document discusses the topic of big data and its power to revolutionize business and decision making. It defines big data as the massive amounts of data generated by modern technology and society, characterized by high volume, velocity, and variety. It outlines some of the key challenges of managing big data, such as data quality, integration, and privacy/security. It also provides examples of how big data impacts industries like retail, healthcare, energy, marketing, finance, sports, and e-commerce. The document concludes by discussing tools used to process big data and the future potential of big data through machine learning, IoT, and blockchain.

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    The document discusses the topic of big data and its power to revolutionize business and decision making. It defines big data as the massive amounts of data generated by modern technology and society, characterized by high volume, velocity, and variety. It outlines some of the key challenges of managing big data, such as data quality, integration, and privacy/security. It also provides examples of how big data impacts industries like retail, healthcare, energy, marketing, finance, sports, and e-commerce. The document concludes by discussing tools used to process big data and the future potential of big data through machine learning, IoT, and blockchain.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    15 views8 pages

    The Power of Big Data

    Uploaded by

    Kevinadiputra
    The document discusses the topic of big data and its power to revolutionize business and decision making. It defines big data as the massive amounts of data generated by modern technology and society, characterized by high volume, velocity, and variety. It outlines some of the key challenges of managing big data, such as data quality, integration, and privacy/security. It also provides examples of how big data impacts industries like retail, healthcare, energy, marketing, finance, sports, and e-commerce. The document concludes by discussing tools used to process big data and the future potential of big data through machine learning, IoT, and blockchain.

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    You are on page 1of 8

    Information Technology:

    The Power of Big Data


    Big Data is more than just a buzzword. It's a game-changer that's revolutionizing the
    way we do business and make decisions. In this presentation, we'll dive into the
    challenges, applications, and future of Big Data.

    by Rossi Passarella
    What is Big Data?
    Definition: Big Data refers to the massive
    amounts of data generated by modern
    technology and society, including
    everything from social media
    interactions to sensor data from
    machines.
    It's characterized by the 3 Vs: Volume,
    Velocity, and Variety.
    Big Data is not just about the size of the data, but how it's managed and analyzed to extract meaningful
    insights.
    Challenges of Managing Big Data

    1 Data Quality

    Garbage in, garbage out. Accurate and valid


    data is necessary to yield useful insights.
    Data Integration 2
    Big Data often comes from a variety of
    different sources with different formats. It's a
    challenge to integrate them into a coherent 3 Privacy and Security
    whole.
    As the data gets bigger, the potential for data
    breaches and cyber attacks also increases.
    Protecting the privacy and security of Big
    Data is critical.
    Impact of Big Data on Businesses

    Retail Industry Healthcare Industry Energy Industry

    Big Data can provide insights about Big Data can be used to track Big Data can improve asset
    customer behavior, product trends, patient outcomes, optimize performance, reduce maintenance
    and supply chain optimization. workflows, and identify treatment costs, and optimize resource
    options. allocation.
    Applications of Big Data
    Marketing Finance

    Big Data analytics can help businesses better Big Data can be used for fraud detection, portfolio
    understand their customers and create targeted optimization, and risk analysis.
    advertising campaigns.

    Sports E-commerce

    Big Data can be used to analyze player performance, Big Data analytics can help businesses personalize
    improve training, and enhance fan engagement. their offerings, optimize their supply chains, and
    predict customer demand.
    Tools used for Big Data
    processing
    • Hadoop

    • Spark

    • NoSQL

    • Storm

    These tools allow for distributed processing, real-time data analysis, and scalability.
    Future of Big Data

    1 Machine Learning

    ML algorithms can help to automate the analysis of Big Data and bring out hidden insights.

    2 Internet of Things

    The IoT will generate even more data in the future, and Big Data will be necessary to extract
    meaningful insights from it.

    3 Blockchain

    Blockchain offers a decentralized, secure, and transparent way to store and share Big Data.
    Conclusion
    Big Data is here to stay, and it's transforming the business world in countless ways.
    By leveraging the power of Big Data analytics and processing tools, businesses can
    gain a competitive edge and improve decision-making. As we look to the future, the
    possibilities of Big Data are endless - and exciting.

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