scholarly journals An overview of big data analysis

2020 ◽  
Vol 9 (4) ◽  
pp. 1646-1653
Author(s):  
Fabio Arena ◽  
Giovanni Pau
Keyword(s):  
Big Data ◽  
Data Analysis ◽  
Customer Service ◽  
Big Data Analytics ◽  
Short Review ◽  
Big Data Analysis ◽  
Digital World ◽  
Big Data Technologies ◽  
Definition Of ◽  
Smart Cars

Big data represents one of the most profound and most pervasive evolutions in the digital world. Examples of big data come from Internet of Things (IoT) devices, as well as smart cars, but also the use of social networks, industries, and so on. The sources of data are numerous and continuously increasing, and, therefore, what characterizes big data is not only the volume but also the complexity due to the heterogeneity of information that can be obtained. The fastest growth in spending on big data technologies is happening within banking, healthcare, insurance, securities and investment services, and telecommunications. Remarkably, three of those industries lie within the financial sector, which has many particularly serviceable use cases for big data analytics, such as fraud detection, risk management, and customer service optimization. In fact, the definition of big data analysis refers to the process that encompasses the gathering and analysis of big data to obtain useful information for the business. This paper focuses on delivering a short review concerning the current technologies, future perspectives, and the evaluation of some use cased associated with the analysis of big data.

scholarly journals 9.1. Big data analytics

2020 ◽  
Author(s):  
В.Т. Чая ◽  
Н.И. Чупахина
Keyword(s):  
Machine Learning ◽  
Big Data ◽  
Data Analysis ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Big Data Analysis ◽  
Digital Economy ◽  
Big Data Technologies

В связи с развитием технологий цифровой экономики возрастает по экспоненте и объем оцифрованной информации. Но информация имеет ценность, только если она анализируется определенным образом. Большие же объемы информации привычными методами анализировать невозможно. Речь уже идет о больших данных и технологиях больших данных. В статье описаны особенности больших данных. Рассмотрены методы и инструменты анализа больших данных. Подробно рассматривается такой метод решения задач на основе больших данных, как машинное обучение. In connection with the development of digital economy technologies, the volume of digitized information is growing exponentially. But information has value only if it is analyzed in a certain way. It is impossible to analyze large amounts of information using the usual methods. We are already talking about big data and big data technologies. The article describes the features of big data. Methods and tools for big data analysis are considered. Such a method of solving problems based on big data as machine learning is considered in detail.

scholarly journals A multilevel approach to big data analysis using analytic tools and actor network theory

2018 ◽  
Vol 20 (1) ◽  
Author(s):  
Tiko Iyamu
Keyword(s):  
Big Data ◽  
Data Analysis ◽  
Network Theory ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Actor Network Theory ◽  
Big Data Analysis ◽  
Data Sets ◽  
Multilevel Approach ◽  
Actor Network

Background: Over the years, big data analytics has been statically carried out in a programmed way, which does not allow for translation of data sets from a subjective perspective. This approach affects an understanding of why and how data sets manifest themselves into various forms in the way that they do. This has a negative impact on the accuracy, redundancy and usefulness of data sets, which in turn affects the value of operations and the competitive effectiveness of an organisation. Also, the current single approach lacks a detailed examination of data sets, which big data deserve in order to improve purposefulness and usefulness.Objective: The purpose of this study was to propose a multilevel approach to big data analysis. This includes examining how a sociotechnical theory, the actor network theory (ANT), can be complementarily used with analytic tools for big data analysis.Method: In the study, the qualitative methods were employed from the interpretivist approach perspective.Results: From the findings, a framework that offers big data analytics at two levels, micro- (strategic) and macro- (operational) levels, was developed. Based on the framework, a model was developed, which can be used to guide the analysis of heterogeneous data sets that exist within networks.Conclusion: The multilevel approach ensures a fully detailed analysis, which is intended to increase accuracy, reduce redundancy and put the manipulation and manifestation of data sets into perspectives for improved organisations’ competitiveness.

Understanding the role of big data analytics for coordination of electronic retail service supply chain

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Fatao Wang ◽  
Di Wu ◽  
Hongxin Yu ◽  
Huaxia Shen ◽  
Yuanjun Zhao
Keyword(s):  
Big Data ◽  
Supply Chain ◽  
Data Analysis ◽  
Big Data Analytics ◽  
Big Data Analysis ◽  
Coordination Mechanism ◽  
Market Demand ◽  
Content Type ◽  
Service Supply Chain ◽  
Retail Service

PurposeBased on the typical service supply chain (SSC) structure, the authors construct the model of e-tailing SSC to explore the coordination relationship in the supply chain, and big data analysis provides realistic possibilities for the creation of coordination mechanisms.Design/methodology/approachAt the present stage, the e-commerce companies have not yet established a mature SSC system and have not achieved good synergy with other members of the supply chain, the shortage of goods and the greater pressure of express logistics companies coexist. In the case of uncertain online shopping market demand, the authors employ newsboy model, applied in the operations research, to analyze the synergistic mechanism of SSC model.FindingsBy analyzing the e-tailing SSC coordination mechanism and adjusting relevant parameters, the authors find that the synergy mechanism can be implemented and optimized. Through numerical example analysis, the authors confirmed the feasibility of the above analysis.Originality/valueBig data analysis provides a kind of reality for the establishment of online SSC coordination mechanism. The establishment of an online supply chain coordination mechanism can effectively promote the efficient allocation of supplies and better meet consumers' needs.

Data Science and Big Data Analytics in Financial Services

Web Services ◽  
2019 ◽  
pp. 1301-1329
Author(s):  
Suren Behari ◽  
Aileen Cater-Steel ◽  
Jeffrey Soar
Keyword(s):  
Big Data ◽  
Data Analysis ◽  
Financial Services ◽  
Data Science ◽  
Big Data Analytics ◽  
Disruptive Innovation ◽  
Big Data Analysis ◽  
Future Trends ◽  
The Right

The chapter discusses how Financial Services organizations can take advantage of Big Data analysis for disruptive innovation through examination of a case study in the financial services industry. Popular tools for Big Data Analysis are discussed and the challenges of big data are explored as well as how these challenges can be met. The work of Hayes-Roth in Valued Information at the Right Time (VIRT) and how it applies to the case study is examined. Boyd's model of Observe, Orient, Decide, and Act (OODA) is explained in relation to disruptive innovation in financial services. Future trends in big data analysis in the financial services domain are explored.

scholarly journals Hidden big data analytics issues in the healthcare industry

2019 ◽  
Vol 26 (2) ◽  
pp. 981-998 ◽  
Author(s):  
Kenneth David Strang ◽  
Zhaohao Sun
Keyword(s):  
Big Data ◽  
Data Analysis ◽  
Data Analytics ◽  
Research Method ◽  
Big Data Analytics ◽  
Big Data Analysis ◽  
Healthcare Industry ◽  
Statistical Control ◽  
Subject Matter Experts ◽  
Journal Articles

The goal of the study was to identify big data analysis issues that can impact empirical research in the healthcare industry. To accomplish that the author analyzed big data related keywords from a literature review of peer reviewed journal articles published since 2011. Topics, methods and techniques were summarized along with strengths and weaknesses. A panel of subject matter experts was interviewed to validate the intermediate results and synthesize the key problems that would likely impact researchers conducting quantitative big data analysis in healthcare studies. The systems thinking action research method was applied to identify and describe the hidden issues. The findings were similar to the extant literature but three hidden fatal issues were detected. Methodical and statistical control solutions were proposed to overcome the three fatal healthcare big data analysis issues.

Research of Big Data Processing Platform

2014 ◽  
Vol 484-485 ◽  
pp. 922-926
Author(s):  
Xiang Ju Liu
Keyword(s):  
Cloud Computing ◽  
Big Data ◽  
Data Analysis ◽  
Network Architecture ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Big Data Analysis ◽  
Computing Platform ◽  
Operational Characteristics ◽  
Analysis Platform

This paper introduces the operational characteristics of the era of big data and the current era of big data challenges, and exhaustive research and design of big data analytics platform based on cloud computing, including big data analytics platform architecture system, big data analytics platform software architecture , big data analytics platform network architecture big data analysis platform unified program features and so on. The paper also analyzes the cloud computing platform for big data analysis program unified competitive advantage and development of business telecom operators play a certain role in the future.

scholarly journals ‘SasCsvToolkit’ - A versatile parallel `bag-of-tasks` job submission application on heterogeneous and homogeneous platforms for Big Data Analytics such as for Biomedical Informatics

2019 ◽  
Author(s):  
Abhishek Singh
Keyword(s):  
Big Data ◽  
Data Analysis ◽  
Big Data Analytics ◽  
Large Data ◽  
Big Data Analysis ◽  
Organizational History ◽  
Corporate Groups ◽  
File Formats ◽  
The Right ◽  
Training Background

Abstract Background: The need for big data analysis requires being able to process large data which are being held fine-tuned for usage by corporates. It is only very recently that the need for big data has caught attention for low budget corporate groups and academia who typically do not have money and resources to buy expensive licenses of big data analysis platforms such as SAS. The corporates continue to work on SAS data format largely because of systemic organizational history and that the prior codes have been built on them. The data-providers continue to thus provide data in SAS formats. Acute sudden need has arisen because of this gap of data being in SAS format and the coders not having a SAS expertise or training background as the economic and inertial forces acting of having shaped these two class of people have been different. Method: We analyze the differences and thus the need for SasCsvToolkit which helps to generate a CSV file for a SAS format data so that the data scientist can then make use of his skills in other tools that can process CSVs such as R, SPSS, or even Microsoft Excel. At the same time, it also provides conversion of CSV files to SAS format. Apart from this, a SAS database programmer always struggles in finding the right method to do a database search, exact match, substring match, except condition, filters, unique values, table joins and data mining for which the toolbox also provides template scripts to modify and use from command line. Results: The toolkit has been implemented on SLURM scheduler platform as a `bag-of-tasks` algorithm for parallel and distributed workflow though serial version has also been incorporated. Conclusion: In the age of Big Data where there are way too many file formats and software and analytics environment each having their own semantics to deal with specific file types, SasCsvToolkit will find its functions very handy to a data engineer.

scholarly journals Studying Students' Knowledge of the Benefits, Challenges, and Applications of Big Data Analytics In Healthcare

2020 ◽  
Author(s):  
Elham Nazari ◽  
Maryam Edalati Khodabandeh ◽  
Ali Dadashi ◽  
Marjan Rasoulian ◽  
hamed tabesh
Keyword(s):  
Big Data ◽  
Data Analysis ◽  
Work Experience ◽  
Medical Records ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Big Data Analysis ◽  
Information Modeling ◽  
Field Of Study ◽  
Cross Sectional

Abstract Introdution Today, with the advent of technologies and the production of huge amounts of data, Big Data analytics has received much attention especially in healthcare. Understanding this field and recognizing its benefits, applications and challenges provide useful background for conducting efficient research. Therefore, the purpose of this study was to evaluate the students' familiarity from different universities of Mashhad with the benefits, applications and challenges of Big Data analysis.Method This is a cross-sectional study that was conducted on students of Medical Engineering, Medical Informatics, Medical Records and Health Information Management in Mashhad-Iran. A questionnaire was designed based on literature review in pubmed, google scholar, science direct and EMBASE databases, using Delphi method and presence of 10 experts from different fields of study. The designed questionnaire evaluated the opinion of students regarding benefits, challenges and applications of Big Data analytics. 200 students participated in the study and completed the designed questionnaire. Participants' opinions were evaluated descriptively and analytically. Result Most students were between 20 and 30 years old. 63% of them were male and 43.5% had no work experience. Current and previous field of study of most of the students were HIT, HIM, and Medical Records. Most of the participants in this study were undergraduates. 61.5% were economically active, 54.5% were exposed to Big Data. The mean scores of participants in benefits, applications, and challenges section were 3.71, 3.68, and 3.71, respectively, and process management was significant in different age groups (p=0.046), information, modeling, research, and health informatics across different fields of studies were significant (p=0.015, 0.033, 0.001, 0.024) Information and research were significantly different between groups (p=0.043 and 0.019), research in groups with / without economic activity was significant (p= 0.017) and information in exposure / non exposure to Big Data groups was significant (p=0.02). Conclusion Despite the importance and benefits of Big Data analytics, students' lack of familiarity with the necessity and importance of these analytics in industries and research is significant. The field of study and level of study do not appear to have an effect on the degree of knowledge of individuals regarding Big Data analysis. The design of technical training courses in this field may increase the level of knowledge of individuals regarding Big Data analysis.

Big Data Analysis and Implementation in Different Areas Using IoT

2017 ◽  
Vol 1 (2) ◽  
pp. 12-25
Author(s):  
Aqeel ur Rehman ◽  
Muhammad Fahad ◽  
Rafi Ullah ◽  
Faisal Abdullah
Keyword(s):  
Data Mining ◽  
Big Data ◽  
Data Analysis ◽  
Big Data Analysis ◽  
Healthcare Applications ◽  
New Techniques ◽  
Standard Data ◽  
Huge Data ◽  
Data Rates ◽  
Definition Of

This article describes how in IoT, data management is a major issue because of communication among billions of electronic devices, which generate the huge dataset. Due to the unavailability of any standard, data analysis on such a large amount of data is a complex task. There should be a definition of IoT-based data to find out what is available and its applicable solutions. Such a study also directs the need for new techniques to cope up with such challenges. Due to the heterogeneity of connected nodes, different data rates, and formats, it is a huge challenge to deal with such a variety of data. As IoT is providing processing nodes in the form of smart nodes; it is presenting a good platform to support the big data study. In this article, the characteristics of data mining requirements for data mining analysis are highlighted. The associated challenges of facts generation, as well as the plausible suitable platform of such huge data analysis is also underlined. The application of IoT to support big data analysis in healthcare applications is also presented.

Big Data Analysis for Trend Recognition Using Machine Learning Techniques

2020 ◽  
Vol 10 (4) ◽  
pp. 540-550
Author(s):  
Cerene Mariam Abraham ◽  
Mannathazhathu Sudheep Elayidom ◽  
Thankappan Santhanakrishnan
Keyword(s):  
Machine Learning ◽  
Data Mining ◽  
Big Data ◽  
Data Analysis ◽  
Data Analytics ◽  
Research Work ◽  
Big Data Analytics ◽  
Big Data Analysis ◽  
Machine Learning Techniques ◽  
Derivative Market

Background: Machine learning is one of the most popular research areas today. It relates closely to the field of data mining, which extracts information and trends from large datasets. Aims: The objective of this paper is to (a) illustrate big data analytics for the Indian derivative market and (b) identify trends in the data. Methods: Based on input from experts in the equity domain, the data are verified statistically using data mining techniques. Specifically, ten years of daily derivative data is used for training and testing purposes. The methods that are adopted for this research work include model generation using ARIMA, Hadoop framework which comprises mapping and reducing for big data analysis. Results: The results of this work are the observation of a trend that indicates the rise and fall of price in derivatives , generation of time-series similarity graph and plotting of frequency of temporal data. Conclusion: Big data analytics is an underexplored topic in the Indian derivative market and the results from this paper can be used by investors to earn both short-term and long-term benefits.

Sign in / Sign up

Export Citation Format

Share Document