What is Big Data Analytics?
Big data analytics describes the process of uncovering trends, patterns, and correlations in large amounts of raw data to help make data-informed decisions.
These processes use familiar statistical analysis techniques—like clustering and regression—and apply them to more extensive datasets with the help of newer tools.
How big data analytics works
1. Collect Data
Data collection looks different for every organization. With today’s technology, organizations can gather both structured and unstructured data from a variety of sources — from cloud storage to mobile applications to in-store IoT sensors and beyond. Some data will be stored in data warehouses where business intelligence tools and solutions can access it easily. Raw or unstructured data that is too diverse or complex for a warehouse may be assigned metadata and stored in a data lake.
2. Process Data
Once data is collected and stored, it must be organized properly to get accurate results on analytical queries, especially when it’s large and unstructured. Available data is growing exponentially, making data processing a challenge for organizations. One processing option is batch processing, which looks at large data blocks over time. Batch processing is useful when there is a longer turnaround time between collecting and analyzing data. Stream processing looks at small batches of data at once, shortening the delay time between collection and analysis for quicker decision-making. Stream processing is more complex and often more expensive.
3. Clean Data
Data big or small requires scrubbing to improve data quality and get stronger results; all data must be formatted correctly, and any duplicative or irrelevant data must be eliminated or accounted for. Dirty data can obscure and mislead, creating flawed insights.
4. Analyze Data
Getting big data into a usable state takes time. Once it’s ready, advanced analytics processes can turn big data into big insights. Some of these big data analysis methods include:
Data mining sorts through large datasets to identify patterns and relationships by identifying anomalies and creating data clusters.
Predictive analytics uses an organization’s historical data to make predictions about the future, identifying upcoming risks and opportunities.
Deep learning imitates human learning patterns by using artificial intelligence and machine learning to layer algorithms and find patterns in the most complex and abstract data.
Big data is a term, used to refer data sets that are too large or complex. For processing of this type of
data sets use special type of application software. Big data was originally associated with three key
concepts: Volume, Variety and Velocity.
Big data can be described by the following characteristics:
Volume defines the quantity of generated and stored data. The size of the data determines its
value and its type to understand whether data can be considered as Big data or not.
Variety defines the type and nature of the data. This helps user to effectively use that data. Big
data is combination of text, images, audio and video.
Velocity defines the speed at which the data is generated and processed to fulfill the demands
and challenges. Big data is often available in real-time. Compared to small data, big data are
produced more continually. Two types of velocity related to big data are the frequency of
generation and the frequency of handling, recording, and publishing.
Big Data Types
Mainly, there are three types of Big Data, as given below:
Structured Data:- The structured data can be stored in a tabular column. Examples of
structured data are Relational databases.
Unstructured Data:- The unstructured data can be stored in a tabular column. Examples of
unstructured data are audio, video etc.
Semi-structured Data:- The semi-structured data contains both structured and unstructured
data. Examples of Semi-structured Data are XML data, JSON files, and others.