Report on how big data can be used in decision support

Assignment Help Business Management

Reference no: EM131055584

Assessment item - Creating a Big Data Strategy - Decision Making using Big Data

The tasks

You are required to do market research and write a report on how Big Data can be used in Decision Support and Business Intelligence (DS&BI). You are required to select/ research a use case for Big Data Strategy. You are required to identify and create business strategy for Big Data use case. Business strategy should be mapped clearly to business initiatives, objectives and tasks. You should able to define required technology stack and required data and analytics architecture for Big data for DS&BI including the Master Data Management (MDM). You should able to address advanced analytics requirements necessary to support the business strategy they have selected. And the role social media plays in organisations decision making process. You are required to discuss Big Data Value creation process. The report should address the followings:

1. Identify, create and discuss Business Strategy for a Big Data use case

2. Identify and align business initiatives, objectives and Tasks with the developed Business Strategy.

3. Identify and discuss the required Technology Stack

4. Discussion on Data Analytics and MDM to support DS&BI

5. Discuss support of NoSQL for Big Data Analytics.

6. Discussion on different NoSQL Databases and its use in Big Data use case you have chosen.

7. Role of Social media in organisations decision making process

8. Discussion on Big Data Value creation process.

Assessment Title Presentation

Task description You are required to give a presentation (15 minutes) on how to create the Big Data Strategy and turning the strategy document into action.

You need to select a use case and develop Big Data Strategy document for the presentation.

You will be informed in week 5 about your presentation schedule. Please check your CQU email.

It is very important for all students to meet the due date of their respective presentation.

Presentation is assessed during the presentation time.

You should focus on how to create Big Data Strategy and turning the strategy document into action and the required Big Data technology.

Reference no: EM131055584

Questions Cloud

Identify two it - related projects : Identify two IT - related projects that would be consistent with this plan. Recommend one of the two projects for implementation. (Hint: choose a publicly traded company to ensure that you can find sufficient information to develop the strategic ..

What is the project average accounting return : You’re trying to determine whether to expand your business by building a new manufacturing plant. The plant has an installation cost of $12.6 million, which will be depreciated straight-line to zero over its four-year life. If the plant has projected..

What is social engineering : What is social engineering and what roles does it play in cybercrimes? What can be done to prevent such attacks? What are some methods of authentication and authorization that you would recommend for e-commerce sites?

Call differ from a protective call in terms of the objective : How does a covered call differ from a protective call in terms of the objective, advantages and disadvantages of each strategy? Disadvantage of covered call: Example for protective call: Advantages of protective call:

Report on how big data can be used in decision support : COIT 20236 Assessment item - Creating a Big Data Strategy - Decision Making using Big Data. You are required to do market research and write a report on how Big Data can be used in Decision Support and Business Intelligence (DS&BI)

A growing company with positive net profit : Comment the following statement: ”Direct bankruptcy costs such as lawyer fees are substantial. Therefore, a corporation should take as little debt as possible to avoid potential direct costs of bankruptcy.

Expansion project-requires initial fixed asset investment : Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.61 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life. The project is estimated to g..

What was the tet offensive and when did it occur : What was the Tet Offensive and when did it occur? How did it change American goals for the Vietnam war? How did the Gulf of Tonkin incident change LBJ's approach to Vietnam?

What will be their tax savings for the first year ending : Last year Jamel and Cheryl borrowed $40,000 on a home equity line of credit against their home on May 1st. The interest rate on the loan is 5.75 %. John and Cheryl are in the 28 percent tax bracket. What will be their tax savings for the first year e..

User Account

All Pages