Big Data Analytics Project Proposal by Slidesgo
Big Data Analytics Project Proposal by Slidesgo
Analytics
GROUP 12
Velocity
Veracity
The velocity at which data
flows into organizations Veracity refers to the data's
trustworthiness,
requires robust processing Variety encompassing data quality,
capabilities to capture,
process and deliver accurate Data comes in many formats noise and anomaly detection
analysis in near real-time. this variety demands flexible issues.
data management systems
to handle and integrate
disparate data types for
comprehensive analysis.
Types of big data analytics
Descriptive analytics. Predictive analytics.
• This is the simplest form of analytics, where data is • This refers to analysis that predicts what comes next.
analyzed for general assessment and For example, this could include monitoring the
summarization. For example, in sales reporting, an performance of machines in a factory and comparing
organization can analyze the efficiency of that data to historical data to determine when a
marketing from such data. machine is likely to break down or require
maintenance or replacement.
01 02 03
Real-time intelligence Better-informed Cost savings
decisions
04 05 06
Better customer Optimized risk Market insights and
engagement management Product development
strategies
Big challenges of big data
Making big data accessible. Maintaining quality data.
Collecting and processing data becomes With so much data to maintain,
more difficult as the amount of data organizations are spending more time
grows. Organizations must make data than ever before scrubbing for
easy and convenient for data owners of duplicates, errors, absences, conflicts,
all skill levels to use. and inconsistencies.
Resources
● https://journalofcloudcomputing.springe
ropen.com/articles/10.1186/s13677-
022-00301-w
● https://www.techtarget.com/searchbusi
nessanalytics/definition/big-data-
analytics
● https://www.ibm.com/topics/big-data-
analytics
● https://www.geeksforgeeks.org/what-is-
big-data-analytics/