Predictive Analytics - Technology and Big Data Influences On Predictive Analytics

Technology and Big Data Influences On Predictive Analytics

Big Data is a collection of data sets that are so large and complex that they become awkward to work with using traditional database management tools. The volume, variety and velocity of Big Data have introduced challenges across the board for capture, storage, search, sharing, analysis, and visualization. Examples of big data sources include web logs, RFID and sensor data, social networks, Internet search indexing, call detail records, military surveillance, and complex data in astronomic, biogeochemical, genomics, and atmospheric sciences. Thanks to technological advances in computer hardware—faster CPUs, cheaper memory, and MPP architectures-–and new technologies such as Hadoop, MapReduce, and in-database and text analytics for processing Big Data, it is now feasible to collect, analyze, and mine massive amounts of structured and unstructured data for new insights. Today, exploring Big Data and using predictive analytics is within reach of more organizations than ever before.

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Famous quotes containing the words technology, big, data and/or influences:

    Radio put technology into storytelling and made it sick. TV killed it. Then you were locked into somebody else’s sighting of that story. You no longer had the benefit of making that picture for yourself, using your imagination. Storytelling brings back that humanness that we have lost with TV. You talk to children and they don’t hear you. They are television addicts. Mamas bring them home from the hospital and drag them up in front of the set and the great stare-out begins.
    Jackie Torrence (b. 1944)

    That big gun in your hand makes you look grown up—you think! I’ll bet you spend hours posing in front of a mirror holding it, trying to look tough!... You scum!
    Richard Brooks (1912–1992)

    To write it, it took three months; to conceive it three minutes; to collect the data in it—all my life.
    F. Scott Fitzgerald (1896–1940)

    Professors of literature, who for the most part are genteel but mediocre men, can make but a poor defense of their profession, and the professors of science, who are frequently men of great intelligence but of limited interests and education, feel a politely disguised contempt for it; and thus the study of one of the most pervasive and powerful influences on human life is traduced and neglected.
    Yvor Winters (1900–1968)