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Understanding Big Data Analytics - Report Example

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This report "Understanding Big Data Analytics" discusses Big Data as one of the hot topics of the year 2012 that is a compilation of multiple large and complex data sets so that useful information may be extracted for decision making of the organizations (Dignan, 2011)…
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Understanding Big Data Analytics
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Download file to see previous pages The organizations use the databases to decide the way forward of the organization. The decision making in the organizations should be derived from the analysis of trends in the database – the Big Data. The databases are reliable if they have been designed properly and the captured and stored information contained in them is accurate without redundancy and anomalies. The databases facilitate the analyst to manage the data in whatever the way the analyst wants but keeping in view the constraints of the design of the database. The document presents the details of the above mentioned my viewpoints on why and how much the decision making of the organizations should be dependent on the results obtained from the databases – the Big Data.

Every organization deals with information regarding products, people including employees, customers, prospective benefactor(s), who (might) protract the organization’s functions and services. Moreover, each and every decision from solving a particular problem for deciding the future of an organization is based on availability, accuracy, and quality of information.

“Information is an organizational asset, and, according to its value and scope, must be organized, inventoried, secured, and made readily available in a usable format for daily operations and analysis by individuals, groups, and processes, both today and in the future” (Neilson, 2007).

In computing, the organizational information is neither just bits, bytes saved in a server nor limited to client data, the hardware, and the software that stores it. A data or information to which a (large) organization deals are too huge to control it manually and a process of gathering, normalizing, and sharing that information to all its stakeholders. It might be difficult to manage this imperative huge information manually; moreover, the manual maintenance of information might not be reliable and accurate. Therefore, I believe that the organizations should use databases for decision making to be driven by ‘evidence’ derived from the analysis of trends in the huge database. ...Download file to see next pages Read More
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