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Applied Big Data Analytics: Evolution, Platforms & Tools, Use cases, Benefits, Impact and Paradox (Big Data Analytics-Series-3)

Posted By: naag
Applied Big Data Analytics: Evolution, Platforms & Tools, Use cases, Benefits, Impact and Paradox (Big Data Analytics-Series-3)

Applied Big Data Analytics: Evolution, Platforms & Tools, Use cases, Benefits, Impact and Paradox (Big Data Analytics-Series-3)
English | 2015 | ISBN-10: 1512355755 | 748 pages | AZW3/PDF/EPUB (conv) | 4.14 Mb

Big Data is the new reality. Data, mathematics and analytics has underpinned human endeavour in science, medicine and technology for centuries. Business has now grasped the opportunity data presents, the most recent catalyst being the ‘digital revolution’ which created a tidal wave of new, real-time data, revealing new dimensions of consumer preferences, shopping and social habits.Despite of the size, speed or source of the data, Big Data drives the need to make sense out of the chaos and to find meaning on the data that is constantly changing and to find relationships between the data created. Understanding this interconnectedness and being able to harvest the information hidden in the Big Data, unlocks Big Data's value which can only be gained by being able to tackle our own Big Data challenges.
A report by the World Economic Forum, declared 'data' a new class of economic asset, likes currency or gold. Data is in the driver’s seat. It’s there, it’s useful and it’s valuable. Big data will have an impact on all industries and every process. Its influence will be felt in business planning, research, sales, production and elsewhere. This amounts to nothing less than new industrial revolution. Data themselves have become an important commodity, actively bought and sold within a global, multi-billion dollar market. Big data is changing the way companies of all sizes, in all industries, go about their business. Big data analytics has the potential to transform the way healthcare providers use sophisticated technologies to gain insight from their clinical and other data repositories and make informed decisions. A recent Gartner report concluded that companies that are smart with data will have a 25-30% competitive advantage annually.
The impact of data abundance extends well beyond business ensuring funding for social programs. Big Data has the potential to be “humanity’s dashboard,” an intelligent tool that can help combat poverty, crime and pollution. All these burning issues are covered in the following chapters of the book entitled, 'Applied Big Data Analytics: Evolution, Platforms & Tools, Use cases, Benefits, Impact and Paradox'
1History of Big Data
2Definitions & Surprising Statistics about Big Data
4Open Source Big Data Analytical Platforms and Tools
5Use Cases & Advantages & Benefits of Big Data
6Impact of Big Data on Business, Economy and Society
7Impact of Big data on Healthcare
8Transforming Social Welfare with Analytics
9The Future of Big Data & Risks, Challenges and Paradox
A recent Accenture and GE study found that almost 90 percent of companies list Big Data analytics as one of their top priorities, and believe that Big Data analytics will shift the competitive landscape within the next three years.
The book provides an opportunity for scholars and researchers in big data and health science, business intelligence, social scientists in developments to update their knowledge on the above mentioned issues.
The chapters presented is based on an extensive research with the literature from across humanities, social sciences and the sciences and from popular culture, journalism, and industry publications, and based on my lifelong experience of working earlier in Analytics and now in Big Data Analytics as a Statistician.