Question

Business Intelligence & Database Technologies

As highlighted in chapter 6 of the Laudon text, the foundations of business intelligence are based upon advanced database related technologies. Some of these technologies include, but are not limited to, database management systems, data warehouses, data marts, data mining, and analytics. Also, the concept of Big Data is an evolving phenomenon which is sparking heightened interest among organizations and is paving a new direction in the arena of business intelligence.

Some questions to ponder:

1) Can we trust big data?

2) Why are organizations interested in capturing and mining their enterprise data?

3) Why are they especially interested in tapping into the power of "Big Data"?

4) Traditional database management tools are often insufficient when dealing with "Big Data". What technology tools do you think are more suitable?
5) Are there any pitfalls to using "Big Data?" What are some of the challenges?

6) By doing a search of the internet, or by other research methods, find another example of an organization that is using "Big Data" to solve a business problem. Did the organization achieve their objectives?

Answer 1

Please comment below, If you find any difficulty in understanding

Answer:

1. Yes we can trust the Big Data, Because it is used to analyze, process and manage the large amount of data sets

2. Organizations are very much interested in capturing and mining their enterprise data, This is because Big data can separate the data which matters to the organization from unstructured data using data mining.

3.Absolutely organizations are very much passionate about using the concept of Big Data. Because it can help the organization to process and manage all the unstructured data available effectively.

4. Yes, Many of the traditional database management tools are often insufficient when dealing with "Big Data". Apache Hadoop , Apache Storm, Statwing and Flink are the technology tools which are suitable.

5. Yes there are some pitfalls to using Big Data, some of the are Big Data concept will be complex because it uses large data sets to process and manage data sets , syncing along the data resources and most important challenge will be getting the data into Big data structure.

6. There are many organizations in technical world which are using the concept of Big Data and also achieving their objectives effictively. some of them are Oracle,Amazon and IBM.