Big Data Analytics and Decision Making

• Author(s): I Bhuvaneshwarri
• Paper ID: 1702589
• Page: 80-88
• Published Date: 31-08-2017
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 1 Issue 2 August-2017

Abstract

In the information era, enormous amounts of data have become available on hand to decision makers. Big data refers to datasets that are not only big, but also high in variety and velocity, which makes them difficult to handle using traditional tools and techniques. Due to the rapid growth of such data, solutions need to be studied and provided in order to handle and extract value and knowledge from these datasets. Furthermore, decision makers need to be able to gain valuable insights from such varied and rapidly changing data, ranging from daily transactions to customer interactions and social network data. Such value can be provided using big data analytics, which is the application of advanced analytics techniques on big data. This paper aims to analyze some of the different analytics methods and tools which can be applied to big data, as well as the opportunities provided by the application of big data analytics in various decision domains. Keywords: big data, data mining, analytics, decision making

Citations

IRE Journals:
I Bhuvaneshwarri "Big Data Analytics and Decision Making" Iconic Research And Engineering Journals Volume 1 Issue 2 2017 Page 80-88

IEEE:
I Bhuvaneshwarri "Big Data Analytics and Decision Making" Iconic Research And Engineering Journals, 1(2)