Big Data Predictive and Prescriptive Analytics

2014 ◽  
pp. 370-391 ◽  
Author(s):  
Ganesh Chandra Deka
Keyword(s):  
Big Data ◽  
Business Intelligence ◽  
Data Analytics ◽  
Action Plan ◽  
Big Data Analytics ◽  
Clear Understanding ◽  
Future Planning ◽  
Prescriptive Analytics ◽  
Hybrid Data ◽  
Recent Trends

The Analytics tools are capable of suggesting the most favourable future planning by analyzing “Why” and “How” blended with What, Who, Where, and When. Descriptive, Predictive, and Prescriptive analytics are the analytics currently in use. Clear understanding of these three analytics will enable an organization to chalk out the most suitable action plan taking various probable outcomes into account. Currently, corporate are flooded with structured, semi-structured, unstructured, and hybrid data. Hence, the existing Business Intelligence (BI) practices are not sufficient to harness potentials of this sea of data. This change in requirements has made the cloud-based “Analytics as a Service (AaaS)” the ultimate choice. In this chapter, the recent trends in Predictive, Prescriptive, Big Data analytics, and some AaaS solutions are discussed.

Big Data Predictive and Prescriptive Analytics

Big Data ◽  
2016 ◽  
pp. 30-55 ◽  
Author(s):  
Ganesh Chandra Deka
Keyword(s):  
Big Data ◽  
Business Intelligence ◽  
Data Analytics ◽  
Action Plan ◽  
Big Data Analytics ◽  
Clear Understanding ◽  
Future Planning ◽  
Prescriptive Analytics ◽  
Hybrid Data ◽  
Recent Trends

The Analytics tools are capable of suggesting the most favourable future planning by analyzing “Why” and “How” blended with What, Who, Where, and When. Descriptive, Predictive, and Prescriptive analytics are the analytics currently in use. Clear understanding of these three analytics will enable an organization to chalk out the most suitable action plan taking various probable outcomes into account. Currently, corporate are flooded with structured, semi-structured, unstructured, and hybrid data. Hence, the existing Business Intelligence (BI) practices are not sufficient to harness potentials of this sea of data. This change in requirements has made the cloud-based “Analytics as a Service (AaaS)” the ultimate choice. In this chapter, the recent trends in Predictive, Prescriptive, Big Data analytics, and some AaaS solutions are discussed.

scholarly journals IOT And Big Data Analytics In E-Learning: A Technological Perspective and Review

2018 ◽  
Vol 7 (1.8) ◽  
pp. 164 ◽  
Author(s):  
S Kusuma ◽  
D Kasi Viswanath
Keyword(s):  
Big Data ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Digital Culture ◽  
Educational Institutions ◽  
Learning Approaches ◽  
E Learning ◽  
Recent Trends ◽  
Conducting Research ◽  
The Internet Of Things

The internet of things & Big data analytics in eLearning brings tremendous challenges & opportunities to educational institutions & students. In recent trends, the growth of Pervasive computing, Social media, evolving IoT capabilities, technologies such as cloud computing, and big data and analytics are improving the core values of teaching and conducting research but also instilling a new digital culture and developing an IoT-centric society. The primary purpose of this paper is to provide an impact of IoT & Big data analytics in the area of E-learning and study on different E-learning approaches. 

Insight Into Big Data Analytics

2018 ◽  
pp. 67-79
Author(s):  
Mohd Vasim Ahamad ◽  
Misbahul Haque ◽  
Mohd Imran
Keyword(s):  
Big Data ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Healthcare Services ◽  
Huge Amount ◽  
Business Decision ◽  
Digital Era ◽  
Data Formats ◽  
Recent Trends ◽  
Analytical Approaches

In the present digital era, more data are generated and collected than ever before. But, this huge amount of data is of no use until it is converted into some useful information. This huge amount of data, coming from a number of sources in various data formats and having more complexity, is called big data. To convert the big data into meaningful information, the authors use different analytical approaches. Information extracted, after applying big data analytics methods over big data, can be used in business decision making, fraud detection, healthcare services, education sector, machine learning, extreme personalization, etc. This chapter presents the basics of big data and big data analytics. Big data analysts face many challenges in storing, managing, and analyzing big data. This chapter provides details of challenges in all mentioned dimensions. Furthermore, recent trends of big data analytics and future directions for big data researchers are also described.

The Nature of Intelligent Analytics

2021 ◽  
pp. 1-21
Author(s):  
Zhaohao Sun ◽  
Andrew Stranieri
Keyword(s):  
Artificial Intelligence ◽  
Big Data ◽  
Research And Development ◽  
Business Intelligence ◽  
Data Analytics ◽  
Data Science ◽  
Big Data Analytics ◽  
Business Analytics ◽  
Novel Approach ◽  
Advanced Analytics

Intelligent analytics is an emerging paradigm in the age of big data, analytics, and artificial intelligence (AI). This chapter explores the nature of intelligent analytics. More specifically, this chapter identifies the foundations, cores, and applications of intelligent big data analytics based on the investigation into the state-of-the-art scholars' publications and market analysis of advanced analytics. Then it presents a workflow-based approach to big data analytics and technological foundations for intelligent big data analytics through examining intelligent big data analytics as an integration of AI and big data analytics. The chapter also presents a novel approach to extend intelligent big data analytics to intelligent analytics. The proposed approach in this chapter might facilitate research and development of intelligent analytics, big data analytics, business analytics, business intelligence, AI, and data science.

A Service-Oriented Foundation for Big Data

2020 ◽  
Vol 10 (1) ◽  
pp. 1-17
Author(s):  
Zhaohao Sun
Keyword(s):  
Big Data ◽  
Business Intelligence ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Business Analytics ◽  
Technological Characteristics ◽  
Service Oriented ◽  
Technological Level ◽  
Multi Level ◽  
Big Service

This paper provides a service-oriented foundation for big data. The foundation has two parts. Part 1 reveals 10 big characteristics of big data. Part 2 presents a service-oriented framework for big data. The framework has fundamental, technological, and socio-economic levels. The fundamental level has four big fundamental characteristics of big data: big volume, big velocity, big variety, and big veracity. The technological level consists of three big technological characteristics of big data: Big intelligence, big analytics, big infrastructure. The socioeconomic level has three big socioeconomic characteristics of big data: big service, big value, and big market. The article looks at each level of the proposed framework from a service-oriented perspective. The multi-level framework will help organizations and researchers understand how the 10 big characteristics relate to big opportunities, big challenges, and big impacts arising from big data. The proposed approach in this paper might facilitate the research and development of big data, big data analytics, business intelligence, and business analytics.

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