Why Learn Big Data Analytics

1
Why Learn Big Data Analytics
2
Big Data Analytics is all about analyzing the
huge amount of data that floods a business
regularly. This data needs to be analyzed in
order to determine hidden patterns, various
insights and correlations. How businesses
utilize the data is more important than the
amount of data that accumulates. It is expected
that on a global level, the demand for data
scientists is going to exceed its supply by more
than 50, by 2018.
3

• Big Data Analytics can be used by organizations
  for several reasons, like
• Determining means of reducing business costs.
• Finding out the needs of consumers to think up
  new products and services that can be provided.
• Calculation of risks related to finance.
• Finding out the reasons for problems, failures
  etc.
• Finding out possibilities of fraudulent behavior.

4

• The following types of data analytics fall under
  Big Data Analytics
• Diagnostic Analytics
• Predictive Analytics
• Prescriptive Analytics
• Descriptive Analytics

5

• Big Data Analytics can be applied in
• Insurance
• Health Care
• Retail
• Communications Media
• Banking Securities
• Manufacturing

6

• A sound knowledge of Big Data Analytics can open
  routes to various job titles like
• Big Data Analyst
• Big Data Scientist
• Solutions Architect
• Business Intelligence Analytics Consultant
• Metrics Analytics Specialist
• Data Integration Lead Architect
• Big Data Analytics Business Consultant

7

• To learn Big Data Analytics
• You need to be strong in Mathematics.
• To work in Big Data Analytics, it is good to have
  knowledge of
• Python
• SQL
• Hadoop
• Data Visualization Tools
• Information Warehousing
• Data Mining Methods.
• Analyzing the Need of the Time and Acquiring
  Relevant Education can lead to Big Success.

8
(No Transcript)