Viewing a response to: @leothreads/leothread-2023-05-30-14-31
#threadstorm Alert⚡⚡⚡. In response to @yahuzah's enquiry on *Big data* ### What the hell is Big Data? 🧵
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6/ 🧵 In finance, big data can help detect fraud, analyze market trends, and make investment decisions.
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19/🧵 Stay curious, keep learning!
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17/🧵 As technology advances and more data is generated, the importance of big data will only continue to grow. It will be exciting to see how big data will shape our future.
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5/🧵 For example, in the healthcare industry, big data can be used to track outbreaks of illnesses, evaluate treatment effectiveness, and improve patient outcomes.
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2/🧵 The primary challenges associated with big data are capturing, storing, analyzing, and visualizing it. Traditional data processing methods can't handle the volume and complexity in big data sets.
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1/🧵 Big data is a term used to describe data sets that are too large or complex to be processed by traditional data processing software. Examples include social media trends, weather patterns, online shopping habits, and more.
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8/🧵 To handle big data, sophisticated software and tools are required. Hadoop, Spark, and other big data processing frameworks are available to tackle the data challenges posed by big data sets.
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6/🧵 Big data help in the way we approach problem-solving. By analyzing vast quantities of data, previously unknown corrlations and connections can be discovered, allwing researchers and analysts to identify new opprtnities for innovation.
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18/🧵 Thanks for sticking with me through this informative thread. I hope it was helpful and insightful if you're new to the world of big data!
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11/🧵 One of the biggest concerns with big data is privacy and security. As the amount of data generated and collected increases, so do the risks of data breaches and data misuse.
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4/🧵 Big data is used in a variety of fields, including finance, healthcare, education, and more. By analyzing data sets, insights, trends, and patterns can be uncovered that can help organizations make data-driven decisions.
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9/🧵 Machine learning, artificial intelligence, and natural language processing are also used in big data analysis to speed up decision-making and improve prediction accuracy.
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12/🧵 Ensuring the protection of sensitive information and complying with data protection regulations is critical to prevent costly legal and reputational damage.
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13/🧵 Despite the challenges posed by big data, it is undeniable that it is transforming the business world. With the right strategies, tools, and talent, organizations can tap into the power of big data and stay ahead of the competition.
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3/🧵 Big data is characterized by the 3 Vs: Volume, Variety, and Velocity. Volume refers to the sheer amount of data generated, variety refers to the diverse types of data, and velocity refers to the speed at which data is generated.
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14/🧵 So if you're a tech enthusiast looking to dive deeper into the world of big data, there are plenty of resources available to help you get started.
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7/🧵 The rise of the internet, social media, and smartphones has contributed to the explosion of big data, as individuals and organizations generate unprecedented amounts of data every second.
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15/🧵 Coursera and edX offer courses on big data analytics, data science, and related topics. Also, follow industry leaders and read their blogs- will help
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16/ 🧵 In conclusion, big data is a game-changer for modern businesses. By leveraging the power of big data, organizations can make more informed decisions that can unlock new opportunities for growth and innovation.
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10/🧵 In addition to tech, organizations also need to focus on hiring a workforce with the necessary skills to manage and analyze big data. Data analysts, data scientists, and machine learning engineers are in high demand.
author | lifeof.abdul |
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created | 2023-05-30 15:36:21 |
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I can't imagine how much data theses technologies can process, but surely it's a lot more than I expect.
author | lincemarrom |
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created | 2023-05-30 16:25:51 |
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They generate chunks of revenue from us. We are just money to them in terms of data
author | lifeof.abdul |
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created | 2023-05-30 17:13:42 |
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Excelent storm man! Congratz on it.
author | lipe100dedos |
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created | 2023-05-30 17:09:30 |
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Thanks for checking it out. I hope it was informative
author | lifeof.abdul |
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created | 2023-05-30 17:11:36 |
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data is power and with data, we can bring more innovations analysis and even predict or control the situation. big data is helping big giants and science researches to achieve great things!
author | mango-juice |
---|---|
permlink | re-lifeof-abdul-2qrfthzed |
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created | 2023-05-30 15:09:30 |
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Yeah, We are now in a data driven world and we must have knowledge about how our data is being used.
author | lifeof.abdul |
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created | 2023-05-30 15:11:30 |
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yes, the protection of own data is also important. even facebook got charged for selling data so no one is safe
author | mango-juice |
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permlink | re-lifeof-abdul-35uugyw73 |
category | hive-167922 |
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created | 2023-05-30 15:51:57 |
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Thanks for making this man. Big data technology is very useful
author | yahuzah |
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created | 2023-05-30 15:13:18 |
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Yeah sure. We are now in a data driven world
author | lifeof.abdul |
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created | 2023-05-30 15:14:54 |
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very true. It never occurred to me that a technology was in place to handle the huge amounts of data we process which is different from the traditional ones.
author | yahuzah |
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created | 2023-05-30 15:17:09 |
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