BIG DATA NICOLAS MUNOZ

Topics What is Big Data? Benefits & Drawbacks How does it work? Companies doing Big Data Market for Big Data Applications of Big Data Future of Big Data Questions?

What is Big Data? 1.Large, complex collection of data sets 2.Exponential growth and availability of data

What is Big Data?

Topics What is Big Data? Benefits & Drawbacks How does it work? Companies doing Big Data Market for Big Data Applications of Big Data Future of Big Data Questions?

Benefits & Drawbacks Benefits Faster analysis of data Complex analysis becomes feasible Cheaper systems Drawbacks Random correlations may be found Difficult to implement/convert to from old systems

Topics What is Big Data? Benefits & Drawbacks How does it work? Companies doing Big Data Market for Big Data Applications of Big Data Future of Big Data Questions?

How does Big Data work? Network of servers Each server stores part of the data Servers work in parallel during analysis Divide and conquer algorithms MapReduce NoSQL/Non-relational database

Topics What is Big Data? Benefits & Drawbacks How does it work? Companies doing Big Data Market for Big Data Applications of Big Data Future of Big Data Questions?

Companies doing Big Data

Topics What is Big Data? Benefits & Drawbacks How does it work? Companies doing Big Data Market for Big Data Applications of Big Data Future of Big Data Questions?

Market for Big Data $16.4 Billion industry Growing 6x faster than general IT market McKinsey 2013 report: 1.5 million data-literate managers needed in United States Every industry can benefit from using Big Data

Topics What is Big Data? Benefits & Drawbacks How does it work? Companies doing Big Data Market for Big Data Applications of Big Data Future of Big Data Questions?

Applications of Big Data Automotive Connected vehicles Improve safety; performance Healthcare 80% of medical data is unstructured and clinically relevant Legislative pressure to reduce cost of health care Science LHC (Large Hadron Collider) 100 collisions of interest per second Finance Improve accuracy and speed of financial predictions Integrating social media feeds into financial analysis

Topics What is Big Data? Benefits & Drawbacks How does it work? Companies doing Big Data Market for Big Data Applications of Big Data Future of Big Data Questions?

Future of Big Data Exponential growth of data On-demand, real-time, advanced analytics Full integration of different systems Enhanced security Fully personalized experiences

Questions?