1. BIG DATA ANALYTICS
Presented by :
Samik Gupta
Amit Kumar
Siddharth Dixit
Nishant Jain
2. WHAT IS “BIG DATA”?
Big data is a term applied to data sets that grow so large and
complex that it is beyond the ability of commonly used software
tools to capture, manage, and process the data within a
tolerable elapsed time.
Characteristics of Big data:
Volume
Variety
Velocity
Value
3. WHEN TO CONSIDER BIG DATA SOLUTION?
Big data solutions are ideal for analyzing not only raw
structured data, but semi-structured and unstructured data
from a wide variety of sources
Big data solutions are ideal when all, or most, of the data
needs to be analyzed versus a sample of the data; or a
sampling of data isn’t nearly as effective as a larger set of
data from which to derive analysis
Big data solutions are ideal for iterative and exploratory
analysis when business measures on data are not
predetermined
4. WHAT CAN YOU DO WITH BIG DATA?
• Financial Services
o Fraud detection
o Risk management
o 360- degree view of the customer
• Telecommunications
o Churn prediction
o CDR processing
o Network monitoring
• Retail
o 360- degree view of the customer
o Click-stream analysis
o Real-time promotions
• Law enforcement
o Real-time multimodal surveillance
o Situational awareness
o Cyber security detection
5. TECHNOLOGIES AND TOOLS USED
Technologies
o Massively parallel processing (MPP) databases
o Distributed file system
o In memory computing, etc.
Tools
o Big Data by IBM
o Exadata by Oracle
6. BUSINESS BENEFITS
Detect, prevent and remediate financial fraud
Calculate risk on large portfolios
Execute high-value marketing campaigns
Improve delinquent collections