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B.V.N.VYSHNAVI
150040122
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CONTENTS
INTRODUCTION
WHAT’S HAPPENING
4V’S of Big data
Whose generating big data
Model
APPLICATION
CONCLUSION
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INTRODUCTION
Big Data may well be the Next Big Thing in the IT world.
Big data burst upon the scene in the first decade of the 21st
century.
The first organizations to embrace it were online and
startup firms. Firms like Google, eBay, LinkedIn, and
Facebook were built around big data from the beginning.
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WHAT’S HAPPENING?
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4’VS- 1.VOLUME
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2-Speed (Velocity)
Data is begin generated fast and need to be processed
fast
Online Data Analytics
Late decisions missing opportunities
Examples
E-Promotions: Based on your current location, your purchase history,
what you like send promotions right now for store next to you
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3-Complexity (Varity)
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Who’s Generating Big Data
Mobile devices
(tracking all objects all the time)
The progress and innovation is no longer hindered by the ability to collect data
But, by the ability to manage, analyze, summarize, visualize, and discover
knowledge from the collected data in a timely manner and in a scalable fashion
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The Model Has Changed…
The Model of Generating/Consuming Data has Changed
Old Model: Few companies are generating data, all others are consuming data
New Model: all of us are generating data, and all of us are consuming data
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How are we getting this much amount of
data?
1.Social networks
2.National climate data centres
3.Hospital data
3.Airlines
5.Mobiles
6.cc cameras and so on…
All this data must be stored and processed
Applications
Telecom
Homeland Security
Traffic Control
Manufacturing
Retail
Smart Healthcare
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Future of Big Data
$15 billion on software firms only specializing in data
management and analytics. This industry on its own is
worth more than $100 billion and growing at almost 10% a
year which is roughly twice as fast as the software business
as a whole.
In February 2012, the open source analyst firm Wikibon
released the first market forecast for Big Data , listing
$5.1B revenue in 2012 with growth to $53.4B in 2017
The McKinsey Global Institute estimates that data volume
is growing 40% per year, and will grow 44x between 2009
and 2020.
Any questions
????
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