10 Technologies Needed for Enabling Big Data Analytics for a Business

When it comes to big data analytics technology, there is a mixture of several different techniques and processing methods involved. Their collective use by enterprises to get hold of relevant results for implementation and strategic management is what makes them so effective.  Even though there is a lot of enthusiasm in regards to investment and there is plenty of ambition to increase the power data has to transform the enterprise, in terms of success, the results vary. Organizations are still struggling to forge a ‘data-driven’ culture, but large transformations do take time and while many of the firms do aspire to be ‘data-driven,’ a smaller percentage have comprehended this aspiration. It is very rare for a cultural transformation to occur overnight.  Most of the time, the biggest issues are seen within that business culture, such as resistance or lack of understanding, change management and organizational alignment. Technology is not the main challenge companies face, with the evolution of big data, but it’s still required and here are the 10 technologies needed.

Data Integration

Most organizations face key operational challenges when it comes to handling big data, such as processing terabytes of data in a way that can be used and helpful for customer deliverables. Data integration tools let a business streamline data across a range of big data solutions, such as Apache Hive, Amazon EMR, Hadoop, Apache Pig, MapReduce, Apache Spark, Couchbase and MongoDB. You can learn more about these data solutions when you study an online masters in business analytics.

Data Pre-processing

Data pre-processing are software solutions that are used to manipulate data into a format that is classed as consistent and that can be used for future analysis. It involves combining data that resides in different sources and provides its users with an integrated view of them. This process becomes important in many situations. These include both scientific and commercial domains. These data preparation tools help to increase the speed of data sharing processes by cleansing and formatting unstructured data sets. All the tasks can’t be automated and need a human to oversee the data pre-processing, which is a time-consuming and tedious limitation.

Data Quality

Data quality is one of the most important parameters for big data processing. There is data quality software that can conduct enrichment and cleansing of large sets of data by utilizing parallel processing. These types of software are widely used to help companies get reliable and consistent results from outputting big data processing.

Data Virtualization

Data virtualization enables the retrieval of data to apply without implementing any technical restrictions, like data formats, the physical location of the data, etc. It is used be Apache Hadoop plus other distributed data stores for near real-time access to data that is stored on a variety of platforms. Data virtualization is probably the big data technology that is most used and will be something you will definitely come across when studying an online masters in business analytics.

Distributed Storage

At times, an independent node can fail or there can be a corruption or loss of a big source of data. Distributed file stores can contain replicated data and can counter these issues. Sometimes, the data can be replicated for low latency, fast access on big computer networks. These are normally non-relational databases. Distributed storage attempts to offer advantages of centralized storage whilst offering the cost base and scalability of local storage. Many individual object stores that consist of one or several physical disks normally make up a distributed object store.

In-Memory Data Fabric

When large data needs help to be distributed across a range of system resources, like Flash Storage, Solid State Storage Drives or Dynamic RAM, then this technology is essential. In-memory data fabric enables low latency access and processes big data on the connected nodes. There are many advantages of an in-memory data fabric compared to alternative technologies and it represents the natural evolution of in-memory computing.

Knowledge Discovery Tools

If you want to mine both structured and unstructured big data stored across multiple sources, then knowledge discovery tools are there to help. The sources involved can be different file systems, DBMS, APIs or other similar platforms. By using search and knowledge discovery tools, a business will obtain the ability to isolate and utilize the information acquired for their own benefit.

NoSQL Databases

NoSQL databases are utilized to manage data reliably and efficiently across a large number of storage nodes. These databases will keep the data as a relational database table, a key-value pairing or JSON docs.  NoSQL databases do not need a fixed schema. They avoid joins and are simple to scale. NoSQL database distributes data stores with massive data storage needs.

Predictive Analytics

Predictive analytics is one of the essential tools to ensure a business avoids risks associated with making decisions. Predictive analytics has software and hardware solutions that can be utilized for innovation, assessment and distribution of prognostic scenarios by managing big data. This data can be used to help prepare businesses for the future and can aid with solving problems by evaluating and gaining and understanding of them.

Stream Analytics

Sometimes an organization will need data to be altered and processed so it can be stored across multiple platforms, in several formats. Stream analytics software great when a business wants to filter, aggregate and analyze big data. Stream analytics can also allow a business to connect to a host of external data sources and aids their integration within the application flow.

To conclude, big data are currently being used to improve the operational efficiency and the capability to make an informed decision. This will be based on the latest up-to-date information that is quickly becoming mainstream. There is no doubt that big data will carry on playing an important role in several different companies all of the world. They can do wonders for business organizations and to reap the benefits, employees should be trained about big data management. When big data is managed properly, the business will become more efficient and productive in the long run.

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