Big Data Analytics
Big data analytics is the process of analyzing large and complex data sets, known as big data, to uncover hidden patterns, insights, and trends. Big data analytics is typically characterized by its volume, velocity, and variety, and includes data from a variety of sources such as social media, sensor data, transaction data, and more.
Steps involved in Digital Business Transformation:
01.
Define the problem:
Identify the business problem you want to solve or the question you want to answer.
02.
Collect the data:
Gather relevant data from various sources, including structured and unstructured data.
03.
Store the data:
Store the data in a distributed file system or database designed to handle big data, such as Hadoop, Spark, or NoSQL databases.
04.
Process the data:
Apply data processing techniques such as data cleaning, data integration, and data transformation to prepare the data for analysis.
05.
Analyze the data
Use advanced analytics techniques such as machine learning, data mining, and predictive modeling to uncover patterns and relationships in the data.
06.
Visualize the data:
Create data visualizations and dashboards to help stakeholders understand the insights and make data-driven decisions.
07.
Take action:
Use the insights to make data-driven decisions that can improve business performance or achieve strategic objectives.
