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What big data really is? (Big Data Analytics Framework (Data storage,…
What big data really is?
Business intelligence (BI) analysts define it
Volume
Velocity
Variety
Organizational interest in big data
Use new data sources to make faster and better decisions through sophisticated analytics
Big data adds new dimensions to analytics.
Is unstructured Data like:
Web server logs
Data collected from sensors
According to Wayne Eckerson big data is
A little something old
A little something new
Big Data Analytics Framework
Data storage
Analysis
Data preparation
Data access
Usage
Traditional Company Seeded New Analytics Capabilities
Increase Planning Accuracy
Increase Planning Flexibility.
Design a Faster Long-term Planning Process
Improve Reproducibility
Enterprise Business Analytics Capabilities Model
Business strategy
Data
BA tool
Business value
Business Value
Transactional
Improved business understanding
Reputation
Speed to market
Informational
Real- me decisions
More collaboration
Factual decisions
Transaction
Faster cycle me
Time savings
Less paper