The term big data defines large set of data

Assignment Help Operation Management
Reference no: EM132255178

Review peer main posts and offer feedback as to whether they post about big data. I need a comment in my peer post.

The term "Big Data" defines a large set of data that may be analyzed to reveal associations, patterns or trends. We live in a technological advance society and environment. Big data consist of many different platforms such as social media, streaming data and public resources. Many business or organizations utilize the information gathered from big data to assess their risk, rewards, weakness, opportunities and failures. By analyzing big data, an organization can determine different trends such as how many people purchase certain products, or the most common items viewed or favored within a certain district or zone. Business analytics goes hand and hand with big data. Big data analyst can utilize the knowledge gained from their research to help organizations make better and faster decisions. Big data requires a storage platform that can hold large amounts of data. The most common form of storage today is the cloud. Apple uses icloud, Google uses Google drive and facebook uses Hadoop. Big data becomes irrelevant if you do not utilize the discoveries found during the analysis. The advantages that can be obtained from the analytics of big data could easily assist or aid in the failure of a business or organization.

Reference no: EM132255178

Questions Cloud

Collection of telephone call metadata-collection of private : What is your reaction to reports of NSA's (National Security Agency) collection of telephone call metadata and collection of private data?
Class-action product liability lawsuit : he law firm of Poe, Patterson and Henderson, a general partnership, represents 20 plaintiffs in a class-action product liability lawsuit,
Research two other package managers available : Research two other package managers available for Linux systems other than RPM and DPM.
Determining the assignment of variables : Write the SomeClass class based on the statements above. Include any instance variables and the complete constructors, including the assignment of variables
The term big data defines large set of data : The term "Big Data" defines a large set of data that may be analyzed to reveal associations, patterns or trends.
Subtract the value passed as a parameter : Consider the following code, which is a portion of SomeClass. The instance variable is initialized by the constructor. The method is supposed to subtract
Delphi technique used to identify risks : Delphi technique used to identify risks and infer on types of projects where this technique is most accurate.
Decided to sign revenue-sharing contract : Topgun Records and several movie studios have decided to sign a revenue-sharing contract for CDs.
Need for a risk management plan : What is risk management and its associated activities and defend the need for a risk management plan.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd