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.
Read more about this topic: Predictive Analytics
Famous quotes containing the words technology, big, data and/or influences:
“One can prove or refute anything at all with words. Soon people will perfect language technology to such an extent that they’ll be proving with mathematical precision that twice two is seven.”
—Anton Pavlovich Chekhov (1860–1904)
“Holly: Oh, Brad, I’d do my act in clown alley or the horse stop for you. I’d do anything if it was just for you.
Brad: Pigeon, look. Out under the sky you know how I feel about you. But under the Big Top one performer’s just like another to me.”
—Fredric M. Frank (1911–1977)
“Mental health data from the 1950’s on middle-aged women showed them to be a particularly distressed group, vulnerable to depression and feelings of uselessness. This isn’t surprising. If society tells you that your main role is to be attractive to men and you are getting crow’s feet, and to be a mother to children and yours are leaving home, no wonder you are distressed.”
—Grace Baruch (20th century)
“I am fooling only myself when I say my mother exists now only in the photograph on my bulletin board or in the outline of my hand or in the armful of memories I still hold tight. She lives on in everything I do. Her presence influenced who I was, and her absence influences who I am. Our lives are shaped as much by those who leave us as they are by those who stay. Loss is our legacy. Insight is our gift. Memory is our guide.”
—Hope Edelman (20th century)