INTRODUCTION ON BIG DATA
Big Data is a term that describes the large volume of data in both structured and unstructured that inundates a business on a day to day basis.
HISTORY OF BIG DATA
The term “big data” refers to data that is so large, fast, or complex that is difficult that it’s difficult or impossible to process using traditional methods. The act of accessing and storing a large amount of information for analytics has been around for a long time. But the concept of big data gained momentum in the early 2000s when industry analyst Doug Laney articulated the now mainstream definition of big data.
CHARACTERISTICS OF BIG DATA
- Variety
- Velocity
- Volume
TYPES OF BIG DATA
- Structured:- Structured is one of the types of data and by structure data, we mean data that can be processed, stored, and retrieved in a fixed format. It refers to highly organized information that can be readily and seamlessly stored and accessed from databases by simple search engine algorithms.
- Unstructured:- Unstructured data refers to the data that lacks any specific form or structure whatsoever. This makes it very difficult and time-consuming to process and analyze unstructured data. Eg. - Email
- Semi-structured:- It is a type of big data. Semi-structured data pertains to the data containing both the formats mentioned above, that is structured and unstructured data. To be precise, it refers to the data that although has not been classified under a particular repository (database) yet contains vital information or tags that segregate individual elements within the data.
SOME APPLICATIONS OF BIG DATA
- Healthcare: Big data has already a large difference in the health care sector.
- Academia: As nowadays it is also helping enhance education today. Numerous online classes are running.
- Banking: The banking sector relies on big data for fraud detection. It can efficiently detect the misuse of debit cards and credit cards.
- Manufacturing: It helps to create a transparent infrastructure and predicting uncertainties that can affect the business adversely.
- IT: One of the largest users of big data, IT companies around the world are using big data by combining it with AI, ML, and the IT sector.
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