Big Data
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This document discusses big data and the growing need for professionals with big data skills. It defines big data as large in size, quantity, and variety. The 4Vs of big data are described as volume, velocity, variety, and veracity. Organizations can take data from any source, analyze it to find answers, and make smarter business decisions through cost reductions, time reductions, new product development, and optimized offerings. In-demand big data skills include SQL, business intelligence, data analysis, data warehousing, data management, and extract-transform-load developers. The role of data scientist has seen a 15,000% increase in job postings from 2011-2012 due to the need to extract meaningful insights from raw data
Big Data
- 1. Big Data & today’s growing need of professionals
- 2. What is Big Data ? Does Big means Large in Size Does Big means Large in Quantity Does Big means different in Variety
- 3. What is Data & Big Data ?
- 4. The 4Vs of Big Data
- 5. What makes Data Big?
- 6. Why it matters to you? The real issue is not that you are acquiring large amounts of data. It's what you do with the data that counts. The hopeful vision is that organizations will be able to take data from any source, harness relevant data and analyze it to find answers that enable cost reductions, time reductions, new product development and optimized offerings, and smarter business decision making. For instance, by combining big data and high-powered analytics, it is possible to: Determine root causes of failures, issues and defects in near-real time, potentially saving billions of dollars annually. Optimize routes for many thousands of package delivery vehicles while they are on the road. Generate retail coupons at the point of sale based on the customer's current and past purchases. Send tailored recommendations to mobile devices while customers are in the right area to take advantage of offers. Recalculate entire risk portfolios in minutes. Quickly identify customers who matter the most. Use click stream analysis and data mining to detect fraudulent behavior.
- 7. Big Data – Value
- 8. Got Big Data ? Source - Jasper Big Data Index Http://www.jaspersoft.com/big-data-index Major players in Big Data software industry are: 1.Hadoop-Hive 2.MongoDB 3.Hadoop-HBase 4.Cassandra
- 9. Big Data - Skill required Big Data is impacting all industries. What big Data skills will professionals in these industries need to achieve their business goals
- 10. Top Skills in Demand Structured Query Language (SQL) Business Intelligence SAS Business Analytics Software Data Analysis Business Analysis Data Warehousing Business Processes Data Management Extract, Transform & Load (ETL) developers Data Modeling
- 11. Data Scientists The era of Big Data Has created a talent gap for people who can pull actionable insight out of raw data. The data Scientist – is in demand with a 15,000% jump in job posts between 2011- 2012. Harvard Business Review