The concept of big data means big data, a collection of data that cannot be captured, managed and processed within a certain timeframe with conventional software tools, a massive, high-growth, and diverse information asset that requires new processing modes in order to have stronger decision-making, insight discovery and process optimization capabilities.
The Big Data era is an IT industry term. McKinsey, the world's leading consulting firm, was the first to propose the arrival of the "Big Data" era. According to McKinsey, "Data, which has permeated every industry and business function today, has become an important factor in production. The mining and utilization of massive amounts of data heralds a new wave of productivity growth and consumer surplus." ?
Big data analytics refers to the analysis of data on a huge scale. Big data can be summarized in 4 V's, Volume, Velocity, Variety and Value.
Expanded:
Example applications of big data analytics:
Data analytics has become a fascinating point of interest outside of the World Cup tournament in Brazil. Along with the players on the field of play, big data is also in full interpretation of the World Cup behind the analysis of the story.
The German team has always been known for its rigorous introduction of soccer solutions that specialize in handling big data to analyze game data, optimize team configurations, and analyze rival data to find the "enemy" way of the game; Google, Microsoft, Opta, etc. predict the outcome of the game through big data analysis...... Big data has not only become the "12th man" on the field, but also acted as the "prophet" of the World Cup to some extent.
Big data analytics meets the World Cup, is the inevitable occurrence of the big data era, and big data analytics will also change every aspect of our lives in the future.
Baidu Encyclopedia - Big Data Concepts
Baidu Encyclopedia - Big Data Analytics
Baidu Encyclopedia - Big Data Era
Baidu Encyclopedia - Big Data Era