Big Data‚ Data Mining and Business Intelligence Techniques 2 What is Data? • Data is information in a form suitable for use with a computer. • There are two types of data ▫ Structured ▫ Unstructured • The total volume of data is growing 59% every year. • The number of files grow at 88% every year. 3 What is Big Data? Exa Analytics on Big Data at Rest Up to 10‚000 Times larger Peta Data Scale Giga Data at Rest Tera Data Scale Mega Traditional Data Warehouse
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CUSTOMER DATA In the term of customer data‚ technology now day give a big role to evaluate the concepts by the overall to moving ownership of the customer when they are away from the individual departments and different it at the enterprise level. In the customer relationship management concept‚ individual that in the each department has responsible for the customer. The success factor for Customer Relationship Management (CRM) is by deploying technology that provides various levels of data access
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Data Mining Information Systems for Decision Making 10 December 2013 Abstract Data mining the next big thing in technology‚ if used properly it can give businesses the advance knowledge of when they are going to lose customers or make them happy. There are many benefits of data mining and it can be accomplished in different ways. The problem with data mining is that it is only as reliable as the data going in and the way it is handled. There are also privacy concerns with data mining
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number of articles on “big data”. Examine the subject and discuss how it is relevant to companies like Tesco. Introduction to Big Data In 2012‚ the concept of ‘Big Data’ became widely debated issue as we now live in the information and Internet based era where everyday up to 2.5 Exabyte (=1 billion GB) of data were created‚ and the number is doubling every 40 months (Brynjolfsson & McAfee‚ 2012). According to a recent research from IBM (2012)‚ 90 percent of the data in the world has been
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DATA | INFORMATION | 123424331911 | Your winning lottery ticket number | 140593 | Your date of birth | Aaabbbccd | The grades you want in your GCSEs | Data and information Data‚ information & knowledge Data Data consist of raw facts and figures - it does not have any meaning until it is processed and turned into something useful. It comes in many forms‚ the main ones being letters‚ numbers‚ images‚ symbols and sound. It is essential that data is available because it is the first
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Chapter 1 Exercises 1. What is data mining? In your answer‚ address the following: Data mining refers to the process or method that extracts or \mines" interesting knowledge or patterns from large amounts of data. (a) Is it another hype? Data mining is not another hype. Instead‚ the need for data mining has arisen due to the wide availability of huge amounts of data and the imminent need for turning such data into useful information and knowledge. Thus‚ data mining can be viewed as the result of
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Data Mining On Medical Domain Smita Malik‚ Karishma Naik‚ Archa Ghodge‚ Shivani Gaunker Shree Rayeshwar Institute of Engineering & Information Technology Shiroda‚ Goa‚ India. Smilemalik777@gmail.com; naikkarishma39@gmail.com; archaghodge@gmail.com; shivanigaunker@gmail.com Abstract-The successful application of data mining in highly visible fields like retail‚ marketing & e-business have led to the popularity of its use in knowledge discovery in databases (KDD) in other industries
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There are many key differences that are important to understand between data oriented and process oriented approaches to designing a new system. The system focus of the data views and process views are entirely different. The process view focuses on what the systems supposed to do and when‚ while the data view has a focus on what the system needs to operate. Another noteworthy difference that distinguishes the two views is the design stability. The design stability of a process view is a more limited
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billion bytes of data in digital form be it on social media‚ blogs‚ purchase transaction record‚ purchasing pattern of middle class families‚ amount of waste generated in a city‚ no. of road accidents on a particular highways‚ data generated by meteorological department etc. This huge size of data generated is known as big data. Generally managers use data to arrive at decision. Marketers use data analytics to determine customer preferences and their purchasing pattern. Big data has tremendous potential
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Data warehousing is the process of collecting data in raw form for analyzing trends. The benefits to data warehousing are improved end-user access‚ increased data consistency‚ various kinds of reports can be made from the data collected‚ gather the data in a common place from separate sources and additional documentation of data. Potential lower computing costs‚ increased productivity‚ end-users can query the database without using overhead of the operational systems and creates an infrastructure
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