“Data Management”, an imperative term that can stem the incursion of data and process it into smart interferences. New strategies and methods are explored to make a contemporary practice of Big Data that is giving strength and consistency to upraise business to the next level.
The finest evolution in the digital era embraces big data technologies to reckon more spark in the conventional technologies.
In this blog, we are going to learn a plausible scenario from what is big data technologies and types of big data technologies to top innovations in big data technologies that are ready to transform the technological field.
Big data is a specific indication that is used to describe the vast assemblage of data that is huge in size and exponentially increasing with time. It simply specifies the massive amount of data that is hard to stock, investigate, and transform with conventional tools of management.
According to Gartner, the definition of Big Data – “Big data is high-volume, velocity, and variety information assets that demand cost-effective, innovative forms of information processing for enhanced insight and decision making.”
Salient features of big data
Actually, Big Data Technologies is the utilized software that incorporates data mining, data storage, data sharing, and data visualization, the comprehensive term embraces data, data framework including tools and techniques used to investigate and transform data.
In the large perceptions of rage in technology, it is widely associated with other technologies like Machine Learning, Deep Learning, Artificial Intelligence, and IoT that are augmented on the large scales.
Have a look at the video below for a more clear understanding of big data (introduction)
It indicates the generated amount of data on a daily basis such as online transactions, social media, or any sort of data from a specific firm used for the analysis through big data technologies based software. It acts as raw data to feed the Analytical Big Data Technologies.
Few cases that outline the Operational Big Data Technologies include executives’ particulars in an MNC, online trading and purchasing from Amazon, Flipkart, Walmart, etc, online ticket booking for movies, flight, railways and many more.
It refers to advance adaptation of Big Data Technologies, a bit complicated in comparison to Operational Big Data. The real investigation of massive data that is crucial for business decisions comes under this part. Some examples covered in this domain are stock marketing, weather forecasting, time series analysis, and medical-health records.
Now, we shall discuss the leading-edge technologies (in no particular order) that influence the market and IT industries in recent time;
A broad bandwidth of computer science that deals in designing smart machines capable of accomplishing various tasks that typically demand human intelligence is known as Artificial Intelligence. (You can learn here how AI imitates the human mind to design its models)
From SIRI to self-driving car, AI is developing very swiftly, on being an interdisciplinary branch of science, it takes many approaches like augmented machine learning and deep learning into account to make a remarkable shift in almost every tech industry.
The excellent aspect of AI is the strength to intellectualize and make decisions that can provide a plausible likelihood in achieving a definite goal. AI is evolving consistently to make benefits in various industries. For example, AI can be used for drug treatment, healing patients, and conducting surgery in OT.
NoSQL incorporates a broad range of separate database technologies that are developing to design modern applications. It depicts a non SQL or nonrelational database that delivers a method for accumulation and retrieval of data. They are deployed in real-time web applications and big data analytics.
(Must read to understand the real-time- big data analytics: How is Big Data Analytics shaping up the Internet of Things(IoT)’s?)
It stores unstructured data and delivers faster performance, and proffers flexibility while dealing with varieties of datatypes at a huge scale. Examples included MongoDB, Redis, and Cassandra.
It covers the integrity of design, easier horizontal scaling to an array of devices and ease control over opportunities. It uses data structures that are different from those accounted by default in relational databases, it makes computations quicker in NoSQL. For example, companies like Facebook, Google and Twitter store terabytes of user data every single day.
R is the programming language and an open-source project. It is a free software highly used for statistical computing, visualization, unified developing environments like Eclipse and Visual Studio assistance communication.
Expert says it has graced the most prominent language across the world. Along with it, being used by data miners and statisticians, it is widely implemented for designing statistical software and mainly in data analytics.
Data Lakes refers to a consolidated repository to stockpile all formats of data in terms of structured and unstructured data at any scale.
In the process of data accumulation, data can be saved as it is, without transforming it into structured data and executing numerous kinds of data analytics from dashboard and data visualization to big data transformation, real-time analytics, and machine learning for better business interferences. (Refer Blog: 5 Common Types of Data Visualization in Business Analytics)
Organizations that use data lakes will be able to defeat their peers, new types of analytics can be conducted such as machine learning across new sources of log files, data from social media and click-streams and even IoT devices freeze in data lakes.
It helps organizations to know and respond to better opportunities for faster business growth by bringing and engaging customers, sustaining productivity, maintaining devices actively, and taking acquainted decisions.
A subpart of big data analytics, it endeavors to predict future behavior via prior data. It works using machine learning technologies, data mining and statistical modeling and some mathematical models to forecast future events.
The science of predictive analytics generates upcoming inferences with a compelling degree of precision. With the tools and models of predictive analytics, any firm deploys prior and latest data to drag out trends and behaviors that could occur at a particular time. You should check the description of predictive modeling in machine learning in this blog.
For example, to explore the relationships among various trending parameters. Such models are designed to assess the pledge or risk delivered by a specific set of possibilities.
Topmost Big Data Technologies 2020
With in-built features for streaming, SQL, machine learning and graph processing support, Apache Spark earns the cite as the speedest and common generator for big data transformation. It supports major languages of big data comprising Python, R, Scala, and Java.
We have already discussed Apache architecture in a previous blog.
The Hadoop was introduced due to spark, concerning the main objective with data processing is speed. It lessens the waiting time between interrogating and program execution timing. The spark is used within Hadoop mainly for storage and processing. It is a hundred times faster than MapReduce.
Prescriptive Analytics gives guidance to companies about what they could do when to achieve aspired outcomes. For example, it can give notice to a company that the borderline of a product is expecting to decrease, then prescriptive analytics can assist in investigating various factors in response to market changes and predict the most favorable outcomes.
Where it relates both descriptive and predictive analytics but focuses on valuable insights over data monitoring and give the best solution for customer satisfaction, business profits, and operational efficiency.
The in-memory database(IMDB) is stored in the main memory of the computer (RAM) and controlled by the in-memory database management system. In prior, conventional databases are stored on disk drives.
If you consider, conventional disk-based databases are configured with the attention of the block-adapt machines at which data is written and read.Instead, When one part of the database refers to another part, it feels the necessity of different blocks to be read on the disk. This is a non-issue with an in-memory database where interlinked connections of the databases are monitored using direct indicators.
In-memory databases are built in order to achieve minimum time by omitting the requirements to access disks. But, as all data is collected and controlled in the main memory completely, there are high chances of losing the data upon a process or server failure.
Blockchain is the assigned database technology that carries Bitcoin digital currency with a unique feature of secured data, once it gets written it never be deleted or changed later on the fact.
It is a highly secure ecosystem and an amazing choice for various applications of big data in industries of banking, finance, insurance, healthcare, retailing, etc.
Blockchain technology is still in the process of development, however, many merchants of various organizations like AWS, IBM, Microsoft including startups have tried multiple experiments to introduce the possible solutions in building blockchain technology. (Refer blog: Do Blockchain and Artificial Intelligence Incorporate an Ideal Model?)
The Hadoop ecosystem comprises a platform that assists in resolving the challenges surrounding big data. It incorporates a variety of varied components and services namely ingesting, storing, analyzing, and maintaining inside it.
Majority services prevalent in the Hadoop ecosystem are to complement its various components which include HDFS, YARN, MapReduce and Common.
Hadoop ecosystem comprises both Apache Open Source projects and other wide variety of commercial tools and solutions. A few of the well known open source examples include Spark, Hive, Pig, Sqoop and Oozie.
The ecosystem of big data is continuously emerging and new technologies come into the picture very rapidly many of them expanding more according to demand in IT industries. These technologies assure harmonious work with fine superintendence and salvation.
I hope this blog gave you the general introduction of how revolutionized big data technologies transforming the traditional model of data analysis. We also understood breaking the deck tools and technologies through which Big Data is flattening its wings to seize supreme elevations.
Reliance Jio and JioMart: Marketing Strategy, SWOT Analysis, and Working EcosystemREAD MORE
6 Major Branches of Artificial Intelligence (AI)READ MORE
Top 10 Big Data TechnologiesREAD MORE
8 Most Popular Business Analysis Techniques used by Business AnalystREAD MORE
7 types of regression techniques you should know in Machine LearningREAD MORE
Introduction to Time Series Analysis in Machine learningREAD MORE
What is the OpenAI GPT-3?READ MORE
How Does Linear And Logistic Regression Work In Machine Learning?READ MORE
Deep Learning - Overview, Practical Examples, Popular AlgorithmsREAD MORE
7 Types of Activation Functions in Neural NetworkREAD MORE