Lecture on Big Data
Introduction
- Discussion on key data points
- Helpful for university exams
- Useful for career and knowledge enhancement
Topics Covered
- Evolution of Technology
- Introduction to Big Data
- Types of Data and Their Examples
- Big Data Technologies and Tools
- Data Analytics
- The Five Vs of Big Data
- Industrial Applications of Big Data
Evolution of Technology
- Technology was limited 10-15 years ago (e.g., old mobile phones)
- Modern times with smartphones and driverless cars
- Internet of Things (IoT): All internet-connected devices
- Growth of social media and data generation
What is Big Data?
- Very large and complex data sets
- Definition: “A large collection of datasets that cannot be processed by traditional database tools”
- Various types of data (text, audio, video)
Types of Data
- Structured Data
- Formatted data (rows and columns, like relational databases)
- Unstructured Data
- Data without format (e.g., MP3, MP4)
- Semi-Structured Data
- Mixed format (e.g., JSON, XML)
Examples and Uses of Big Data
- Transportation: Navigation systems
- Advertising and Marketing
- Banking and Financial Services
- Government and Media
Big Data Architecture
- Data Source
- Data Storage
- Batch Processing
- Stream Processing
- Analytics
- Reporting
Five Vs
- Volume: Amount of data
- Variety: Types of data
- Velocity: Speed of data generation
- Veracity: Reliability of data
- Value: Utility of data
Big Data Technologies
- Storage: Hadoop, MongoDB
- Processing: Apache Spark
- Mining: RapidMiner
- Visualization: Tableau
Importance of Big Data
- Cost savings and time savings
- Understanding market conditions
- Social media analytics
- Innovation and development
Need for Data Analytics
- Enhance business operations
- Develop next-generation products
- Use advanced analytics techniques
Types of Big Data Analytics
- Descriptive Analytics
- What is happening currently
- Predictive Analytics
- Prescriptive Analytics
- What actions should be taken
- Diagnostic Analytics
- Analyzing why it happened
Applications
- Banking, communications, media, healthcare, education, government, insurance, retail, transportation
In conclusion, all the points in this video are important and will help you prepare for your exams.