2015 Advertising Opportunities - Find Out More!

Big Data – Top Critical Technology Trend For The Next Five Years

Big Data – Top Critical Technology Trend For The Next Five Years

Big Data – Top Critical Technology Trend For The Next Five YearsBig Data Survey Infographic FINAL_001

Today’s organizations should become more collaborative, virtual, adaptive, and agile in order to be successful in complex business world. They should be able to respond to changes and market needs. Many organizations found that the valuable data they possess and how they use it can make them different than others. In fact, Big Data can transform many fields such as business, management, public administration, science, and so on. In 2012, Gartner defined Big Data as “high-volume, high-velocity, and high-variety information assets that demand cost-effective, innovative forms of information processing for enhanced insight and decision making”. The term volume refers to large amounts of data, velocity indicates the speed of data in and out, and variety describes the range of data types and sources.

According to an industry report prepared by McKinsey Global Institute, the effective use of Big Data is a key basis of competition and delivering a new wave of productive growth. In other words, managing, analysing, visualizing, and extracting useful information from large data sets will help organizations to increase operational efficiency, to inform strategic direction, to develop new products and services, to identify new customers and markets, to make better decisions and to become more innovative. (Davenport, Barth, & Bean, 2012).

Although Big Data bring many attractive opportunities, organizations are also facing a lot of challenges such as data capture, storage, searching, sharing, analysis, and visualization. In recent years, a large number of Big Data techniques and technologies have developed to overcome all the obstacles. Big Data techniques such as statistics, data mining, machine learning, neural networks, social network analysis, signal processing, pattern recognition, optimization methods and visualization approaches; can be used to process efficiently large volume of data.

In addition, organizations need platforms or tools to make sense of big data. They should determine which platforms and tools can help them to meet their business goals. Current tools concentrate on three classes which are batch processing tools, stream processing tools, and interactive analysis tools. Majority of batch processing tools are based on the Apache Hadoop infrastructure which is one of the most important software platforms that support data-intensive distributed applications. It can load, store and query massive data sets on a large, flexible grid servers, as well as perform advanced analytics. It uses a programming model, which is called Map/Reduce, to process and generate great volume of data sets. Map/Reduce breaks down a complex problem into many sub-problems. These sub-problems are solved in separate and parallel ways. Finally, the solutions of sub-problems are combined to create a solution to the original problem. Although Hadoop can process large amount of data in parallel, it is not a real-time and high performance engine. It is not appropriate for high volume, high velocity and complex data types. Hence, other platforms such as SQL stream, Stream Cloud, and Storm can be used for real-time stream data analytics.

By Mojgan Afshari

Follow me

Mojgan Afshari

Mojgan Afshari is a senior lecturer in the Department of Educational Management, Planning and Policy at the University of Malaya. She earned a Bachelor of Science in Industrial Applied Chemistry from Tehran, Iran. Then, she completed her Master’s degree in Educational Administration. After living in Malaysia for a few years, she pursued her PhD in Educational Administration with a focus on ICT use in education from the University Putra Malaysia.She currently teaches courses in managing change and creativity and statistics in education at the graduate level. Her research areas include teaching and learning with ICT, school technology leadership, Educational leadership, and creativity. She is a member of several professional associations and editor of the Journal of Education.She has written or co-authored articles in the following journals: Journal of Technology, Pedagogy and Education, The Turkish Online Journal of Educational Technology, International Journal of Education and Information Technologies, International Journal of Instruction, International Journal of Learning, European Journal of Social Sciences, Asia Pacific Journal of Cancer Prevention, Life Science Journal, Australian Journal of Basic and Applied Sciences, Scientific Research and Essays.
Follow me

Latest posts by Mojgan Afshari (see all)

One Response to Big Data – Top Critical Technology Trend For The Next Five Years

Comics

At CloudTweaks, we're plugged into the cloud, the internet of things and all that the web has to offer. From wearable technology, to mobile computing, cloud computing and big data, CloudTweaks is your source for updates and news on the most innovative technology.

Popular

Top Viral Impact

Cloud Infographic: Cloud Apps (A Buyers Guide)

Cloud Infographic: Cloud Apps (A Buyers Guide)

Cloud Apps (A Buyers Guide) SaaS has gained huge popularity over the last few years, with an increasing number of enterprises adopting it mainly due to the benefits like pay per use and on demand service. Cloud applications entail thorough testing for their integrity, different from that of on-premise applications. This involves testing of business…

The Business Benefits of Cloud CRM

The Business Benefits of Cloud CRM

The Business Benefits of Cloud CRM From software deployment, to mobility, to wearable technology, cloud computing has transformed seemingly every aspect of modern business. Research indicates cloud applications and platforms will be at the forefront of IT spending by 2016, with half of all enterprises implementing cloud solutions by 2017. One of the quickest markets…

Big Data Analytics Adoption

Big Data Analytics Adoption

Big Data Analytics Adoption Big Data is an emerging phenomenon. Nowadays, many organizations have adopted information technology (IT) and information systems (IS) in business to handle huge amounts of data and gain better insights into their business. Many scholars believe that Business Intelligence (BI), solutions with Analytics capabilities, offer benefits to companies to achieve competitive…

Cloud Infographic – The Future Of Big Data

Cloud Infographic – The Future Of Big Data

The Future Of Big Data Big Data is BIG business and will continue to be one of the more predominant areas of focus in the coming years from small startups to large scale corporations. We’ve already covered on CloudTweaks how Big Data can be utilized in a number of interesting ways from preventing world hunger to helping teams win…

Cloud Infographic – Cloud Fast Facts

Cloud Infographic – Cloud Fast Facts

Cloud Infographic – Cloud Fast Facts It’s no secret that Cloud Computing is more than just a buzz term as that ship has sailed off a long time ago. More and more companies are adopting the uses and benefits of cloud computing while aggressively factoring cloud services spending into their budget. Included is an excellent…

Featured Sponsors

The Internet of Everything Opens Up The World

The Internet of Everything Opens Up The World

Shaping The World With New Technologies As a connected collection of intelligent objects, the Internet of Everything promises to open up those areas of the world hardest hit by economic, political and agricultural blights. Relatively inexpensive devices, paired with revolutionary energy sources and unprecedented access to information offer great promise to farmers and workers in…

Cloud Logo Sponsors

hp Logo CityCloud-PoweredByOpenstack-Blue square_logo_100x100-01
cisco_logo_100x100 vmware citrix100

2015 Advertising Opportunities - Find Out More!

Established in 2009, CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and internet of things (IoT) information. Our goal is to continue to build our growing information portal, by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

Contact

CloudTweaks Media
Phone: 1 (212) 763-0021

Join Our Newsletter