Analytics-as-a-Service (AaaS)

Web Services ◽  
2019 ◽  
pp. 1262-1281
Author(s):  
Chitresh Verma ◽  
Rajiv Pandey

Big Data Analytics is a major branch of data science where the huge amount raw data is processed to get insight for relevant business processes. Integration of big data, its analytics along with Service Oriented Architecture (SOA) is need of the hour, such integration shall render reusability and scalability to various business processes. This chapter explains the concept of Big Data and Big Data Analytics at its implementation level. The Chapter further describes Hadoop and its technologies which are one of the popular frameworks for Big Data Analytics and envisage integrating SOA with relevant case studies. The chapter demonstrates the SOA integration with Big Data through, two case studies of two different scenarios are incorporated that integrates real world implementation with theory and enables better understanding of the industrial level processes and practices.

Author(s):  
Chitresh Verma ◽  
Rajiv Pandey

Big Data Analytics is a major branch of data science where the huge amount raw data is processed to get insight for relevant business processes. Integration of big data, its analytics along with Service Oriented Architecture (SOA) is need of the hour, such integration shall render reusability and scalability to various business processes. This chapter explains the concept of Big Data and Big Data Analytics at its implementation level. The Chapter further describes Hadoop and its technologies which are one of the popular frameworks for Big Data Analytics and envisage integrating SOA with relevant case studies. The chapter demonstrates the SOA integration with Big Data through, two case studies of two different scenarios are incorporated that integrates real world implementation with theory and enables better understanding of the industrial level processes and practices.


2021 ◽  
pp. 67-74
Author(s):  
Liudmyla Zubyk ◽  
Yaroslav Zubyk

Big data is one of modern tools that have impacted the world industry a lot of. It also plays an important role in determining the ways in which businesses and organizations formulate their strategies and policies. However, very limited academic researches has been conducted into forecasting based on big data due to the difficulties in capturing, collecting, handling, and modeling of unstructured data, which is normally characterized by it’s confidential. We define big data in the context of ecosystem for future forecasting in business decision-making. It can be difficult for a single organization to possess all of the necessary capabilities to derive strategic business value from their findings. That’s why different organizations will build, and operate their own analytics ecosystems or tap into existing ones. An analytics ecosystem comprising a symbiosis of data, applications, platforms, talent, partnerships, and third-party service providers lets organizations be more agile and adapt to changing demands. Organizations participating in analytics ecosystems can examine, learn from, and influence not only their own business processes, but those of their partners. Architectures of popular platforms for forecasting based on big data are presented in this issue.


Author(s):  
Sheik Abdullah A. ◽  
Selvakumar S. ◽  
Parkavi R. ◽  
Suganya R. ◽  
Abirami A. M.

The importance of big data over analytics made the process of solving various real-world problems simpler. The big data and data science tool box provided a realm of data preparation, data analysis, implementation process, and solutions. Data connections over any data source, data preparation for analysis has been made simple with the availability of tremendous tools in data analytics package. Some of the analytical tools include R programming, python programming, rapid analytics, and weka. The patterns and the granularity over the observed data can be fetched with the visualizations and data observations. This chapter provides an insight regarding the types of analytics in a big data perspective with the realm in applicability towards healthcare data. Also, the processing paradigms and techniques can be clearly observed through the chapter contents.


Author(s):  
Nenad Stefanovic

The current approach to supply chain intelligence has some fundamental challenges when confronted with the scale and characteristics of big data. In this chapter, applications, challenges and new trends in supply chain big data analytics are discussed and background research of big data initiatives related to supply chain management is provided. The methodology and the unified model for supply chain big data analytics which comprises the whole business intelligence (data science) lifecycle is described. It enables creation of the next-generation cloud-based big data systems that can create strategic value and improve performance of supply chains. Finally, example of supply chain big data solution that illustrates applicability and effectiveness of the model is presented.


Author(s):  
Zhaohao Sun ◽  
Andrew Stranieri

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.


Author(s):  
Dennis T. Kennedy ◽  
Dennis M. Crossen ◽  
Kathryn A. Szabat

Big Data Analytics has changed the way organizations make decisions, manage business processes, and create new products and services. Business analytics is the use of data, information technology, statistical analysis, and quantitative methods and models to support organizational decision making and problem solving. The main categories of business analytics are descriptive analytics, predictive analytics, and prescriptive analytics. Big Data is data that exceeds the processing capacity of conventional database systems and is typically defined by three dimensions known as the Three V's: Volume, Variety, and Velocity. Big Data brings big challenges. Big Data not only has influenced the analytics that are utilized but also has affected technologies and the people who use them. At the same time Big Data brings challenges, it presents opportunities. Those who embrace Big Data and effective Big Data Analytics as a business imperative can gain competitive advantage.


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