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BIG DATA -- The Next Big Thing!

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BIG DATA -- The Next Big Thing!

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Big data is a term for datasets that are so large or complex that traditional data processing applications are inadequate. Challenges include analysis, capture, data curation, search, sharing, storage, transfer, visualization, querying, updating and information privacy.
Lets ideate and discuss more:
www.extentia.com/contact-us

Big data is a term for datasets that are so large or complex that traditional data processing applications are inadequate. Challenges include analysis, capture, data curation, search, sharing, storage, transfer, visualization, querying, updating and information privacy.
Lets ideate and discuss more:
www.extentia.com/contact-us

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BIG DATA -- The Next Big Thing!

  1. 1. BIG DATA Data Analysis- In data we trust
  2. 2. About Big Data “Without big data you are blind, deaf and in the middle of a freeway” - Geoffrey Moore
  3. 3. Contents ■ What is Big Data? ■ Characteristics of Big Data: 3V’s ■ Why Big Data? ■ Benefits of Big Data ■ Sectors of Big Data
  4. 4. Contents ■ Real time applications of Big Data ■ Goals of Big Data ■ Big Data: Impact on IT sector ■ Future of Big Data ■ Extentia and Big Data
  5. 5. What is Big Data? ■ Extremely large data sets being managed and maintained ■ Analyses trends relating to human behavior and interactions ■ Describes large volume of data – structured and unstructured
  6. 6. Characteristics of Big Data: 3V’s
  7. 7. Why Big Data? ■ Offers leaders a way to extract new insight and ideas ■ Helps organizations harness their data ■ Use it to identify new opportunities ■ Essential because: ■ Increasing storage ■ Increasing of processing power ■ Availability of data (Different type)
  8. 8. Benefits of Big Data
  9. 9. Sectors of Big Data Manufacturing Traffic Control Telecom Homeland Security Search Quality Finance Log Analysis Multi-Channel Sales
  10. 10. Real Time Applications of Big Data ■ Amazon generates more revenue using real time collaborative filling ■ Shazam has helped record labels find out about various music cultures ■ The city of Oslo has helped reduce street lightening energy consumption ■ Memphis police department uses predictive software to help reduce crime
  11. 11. Goals of Big Data ■ Targeting customers and their needs ■ Helps understand and optimizing business processes ■ Boost personal quantification and performance optimization ■ Improve healthcare and public health
  12. 12. Big Data: Impact on IT Sector ■ IT organizations recognize this as a force presenting opportunities with challenges ■ In 2014, 4.4 million IT jobs were recognized globally ■ It is believed that by the end of 2015 its Indian business will reach 1 billion USD
  13. 13. Future of Big Data ■ By 2020,The industry will be worth more than 100 billion USD ■ It continues to grow at roughly 10% a year ■ Combination of data sets will improve health care industry. ■ Data volume is estimated to grow at 40% per year
  14. 14. Extentia and Big Data ■ Extenia is developing a trend analysis about internet access data: ■ What days the bandwidth load is there ■ What time and location

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