Professional report on why big data should be integrated

Assignment Help Other Subject

Reference no: EM133504765

Business Intelligence using Big Data

Assessment Task:

Assignment 1 is an individual assessment. In this assessment, you are assigned tasks which assess your unit knowledge gained between weeks 1 and 5 about big data and how it can be used for decision making in any industry. All students will have to write a "professional" business report with Executive summary, Table of Content (MS generated); Introduction; Discussion; Conclusion; Recommendations and References.

In this assessment, you are required to choose one of the following industries: Healthcare, Insurance, Retailing, Marketing, Finance, Human resources, Manufacturing, Telecommunications, or Travel. This assessment consists of two parts as follows:

Part A - You are required to prepare a professional report on WHY Big Data should be integrated to any business to create opportunities and help value creation process for your chosen industry.

Part B - You need to identify at least one open dataset relevant to the industry and describe what opportunities it could create by using this dataset. You can access open data source from different websites. Please try finding it using Google.

In Part A, you will describe what new business insights you could gain from Big Data, how Big Data could help you to optimise your business, how you could leverage Big Data to create new revenue opportunities for your industry, and how you could use Big Data to transform your industry to introduce new services into new markets. Moreover, you will need to elaborate how you can leverage four big data business drivers- structured, unstructured, low latency data and predictive analytics to create value for your industry. You are also required to use Porter's Value Chain Analysis model and Porter's Five Forces Analysis model to identify how the four big data business drivers could impact your business initiatives.

In Part B, among several open source and real-life datasets, you will identify at least one dataset that is relevant to the industry you had chosen. The dataset can be a collection of structured, unstructured or semi-structured data. Using this dataset, you will first discuss why you chose this dataset among other datasets. Then, you will identify and present the metadata of the dataset. Using the chosen dataset, you will need to describe the opportunities it could create for the chosen industry.

The length of the report should be around 2500 words. You are required to do an extensive reading of more than 10 articles relevant to Big Data business impacts, opportunities, and value creation process. You need to provide in-text reference of the chosen articles.

Your report must have a Cover page (Student name, Student Id, Unit Id, Campus, Lecturer and Tutor name) and a Table of Contents (this should be MS word generated).

Part A:

Executive Summary Table of Contents Introduction
Big Data Opportunities
Value Creation using Big Data Porter's Value Chain Analysis Porter's Five Forces Analysis Conclusion
References

Part B:

Dataset identification
Metadata of the chosen dataset
Business opportunities through the chosen dataset

Reference no: EM133504765

Questions Cloud

Discuss the patients likely stage of alzheimers disease : Identify the clinical findings from the case that supports a diagnosis of Alzheimer's disease. ?Discuss the patient's likely stage of Alzheimer's disease.

Discuss the items of evidence that linked to the accused : Identify if this case was based on circumstantial evidence or direct evidence. Discuss the items of evidence that linked to the accused to the sexual assault

Explain how the public has influence on police operations : Explain how the public has influence on police operations. Cite sources. Explain how the use of Probation has risen in recent years and why. Site sources.

Explain how politicians shape our perception of crime : Explain how politicians shape our perception of crime, whether accurate or inaccurate; and how that perception influences criminal justice policy.

Professional report on why big data should be integrated : COIT20253 Business Intelligence using Big Data, Central Queensland University - prepare a professional report on WHY Big Data should be integrated

Why you believe the reforms would be effective : why you believe the reforms would be effective, a historical perspective to argue why current policies are lacking or your proposed policy has merit

What main focus of article- high performance and leadership : What is the main focus of the article- high performance and/or leadership? Is high performance connected to the leadership?

Describe in detail the overarching trendsin serious crime : describe in detail the overarching trendsin serious crime (both violent and property) over the past twenty-five years. Are thesetrends exclusively limited

What does charles horton cooley mean by looking-glass self : What does Charles Horton Cooley mean by the "looking-glass self"? Describe how the looking-glass self is related to the labeling process in criminology.

User Account

All Pages