Email Updates RSS
Search
Chapter from the Encyclopedia of Business Analytics and Optimization offered for open access

Big Data, Big Problems

By IGI Global on Jan 20, 2015
Big Data, Big ProblemsContributed by Dr. Hoda Ahmed Abdelhafez, Suez Canal University, Egypt

Big Data presents key challenges and opportunities in the business world. Advanced big data technologies enable organizations to extract insights from sophisticated data, but implementing and using big data can be an extremely daunting task.

Traditional relational database systems are unable to handle the large volumes of datasets, diverse data sources and the velocity of data, and the initial implementation and adaptation of such a huge system is hard to grasp. Volume, variety, and velocity represent the main challenges of big data; challenges which cause difficulties in capture, storage, search, sharing, analysis and visualization of information.

How can businesses today confront these challenges and take advantage of all that big data has to offer? With the advent of big data there are now specialized technologies to assist businesses with the transition to big data. NoSQL, Hadoop, Cloud computing and visualization are key in assisting organizations in solving their big data challenges. The NoSQL database stores and manages unstructured data, distributing the work across multiple locations. Apache Hadoop manages a broad range of data types in its distributed file system, plus process analytic queries via MapReduce across data types. Clouds also add many tools to handle the volume, variety, and velocity of big data. Data visualization tools allow organizations to access huge amounts of data to provide meaningful information in an efficient way. These technologies have positively affected the organizations, turning their big data problems into opportunity.


Dr. Hoda Ahmed Abdelhafez is author of the chapter, "Big Data Analytics: Trends and Case Studies," which analyzes the challenges of big data: volume, variety, and velocity. This article further discusses the technologies addressed above and strategies that businesses can utilize in confronting the challenges of big data. The article discusses five real-world case studies exemplifying how big data technologies can allow companies to gain useful insights and maximize their revenues.

"Big Data Analytics: Trends and Case Studies" has been selected as a featured open access chapter for the next thirty days. View the full chapter here.

A chapter in IGI Global's Encyclopedia of Business Analytics and Optimization, this five-volume resource confronts the challenges of information retrieval in the age of Big Data by exploring recent advances in the areas of knowledge management, data visualization, interdisciplinary communication, and others. Through its critical approach and practical application, this book will be a must-have reference for any professional, leader, analyst, or manager interested in making the most of the knowledge resources at their disposal. Edited by John Wang of Montclair State University, USA, this encyclopedia evaluates the five dimensions of Big Data- volume, variety, velocity, volatility, and veracity- and focus these dimensions towards one critical emphasis- value.

See IGI Global's other titles on Business and Big Data Technologies here.
Browse for more posts in:
Business and ManagementDatabase TechnologiesBusiness & Organizational ResearchBusiness Information SystemsBusiness IntelligenceDatabasesInformation Resources ManagementBooks & E-BooksChaptersFree ContentMiddle East & AfricaNorth AmericaAuthor NewsResources for InstructorsResources for LibrariansResources for Researchers

No comments Comments

Log in or sign up to comment.
Be the first to comment!

More from IGI Global

Apr 18, 2024 Uniting Nations with Multinational Electronic Health Records to Stop Lassa Fever's Pandemic Threat!
The World Health Organization (WHO) has reported a surge in Lassa fever cases in Nigeria, emphasizing the urgent need for containment measures.
IGI GlobalRead More
Medical, Healthcare, and Life SciencesHealthcare Information SystemsBooks & E-BooksResearch Trends
Apr 16, 2024 IGI Global Announces the 2024 Journal Reviewers Award Winners
IGI Global congratulates the winners of this year's Journal Reviewer Award
IGI GlobalRead More
JournalsAwards & RecognitionOpen Access
Apr 15, 2024 What Defines Authorship and Who Should Be Included in a Manuscript’s Byline?
For decades, academic publishing has been plagued with discrepancies surrounding authorship of scholarly research...
IGI GlobalRead More
Books & E-BooksAcquisitions
Apr 15, 2024 Doody’s Selects IGI Global Books for Special Topics List
Two IGI Global publications have been recognized by Doody's for their excellence and niche topic focus.
IGI GlobalRead More
Medical, Healthcare, and Life SciencesMedia and CommunicationsBooks & E-BooksAwards & Recognition
Apr 11, 2024 Technology is Making Disparities Worse
Digital Inclusion Week underscored the urgent need for a national digital equity plan in the US due to disparities in internet access and digital skills.
IGI GlobalRead More
Apr 8, 2024 Nearly 90% of IGI Global’s Frontlist Books Now Indexed in Scopus
The majority of IGI Global's books Frontlist is now indexed by Scopus. Learn what this prestigious recognition means for the publisher and the experts behind these books.
IGI GlobalRead More
Books & E-BooksAwards & RecognitionReviews & Indexing
Apr 4, 2024 Navigating Neglected Maintenance and Safety Risks of Flight Travel
A United Airlines Flight 837 bound for Tokyo from San Francisco could not take off due to a mechanical issue.
IGI GlobalRead More
Business and ManagementComputer Science and Information TechnologyScience & EngineeringHospitality, Travel & Tourism ManagementAerospace EngineeringBooks & E-BooksResearch Trends
Apr 3, 2024 Introducing the New IGI Book Topic Brochures
IGI Global is excited to introduce a new initiative to provide detailed insights into various fascinating subjects. Our brochures offer a comprehensive overview of timely publications covering the latest research topics...
IGI GlobalRead More
EducationBusiness and ManagementComputer Science and Information TechnologySocial Sciences and HumanitiesBooks & E-Books
Apr 3, 2024 Interview with a Global Guru in Education
Hear from Dr. Velliaris, who was voted as a Top 30 Global Guru in Education.
EducationBooks & E-BooksInterviewAuthor News
Mar 29, 2024 Cocoa Prices Skyrocket
Cocoa prices surging to $10,000 per metric ton challenge chocolate manufacturers and consumers, risking supply chain stability and higher retail prices...
IGI GlobalRead More
Business and ManagementEnvironmental, Agricultural, and Physical SciencesSustainable DevelopmentBooks & E-BooksResearch Trends
First Previous 1 2 3 4 5 6 7 8 9 10  ... Next Last