Understanding Big Data
Introduction to Big Data Concepts
Data is defined as facts and statistics collected together for reference or analysis. Let us understsnd what Big Data is all about
Sources of Data at banks
The Emergence of the Cloud and Devices creates new Sources of Data. Let us see how
What adds value to data
Increased value of data comes from Granularity and History . Get to know the various sources of Data
States of Data
Understand the States of data - Fully diffused, Now diffusing and Nascent Data
Patterns in normal data
Data Patterns can be complex. Need to understand the patterns to understand the complexity of Data.
Patterns in data averages
Know more about patterns in Data Averages
Patterns in data logic
Lots of random events will show mathematical correlation. There may be no logical link. Events may be logically linked; the absence of data will limit our ability to predict. Understand the Patterns in Data Logic
Data Analytics for Complex Patterns
The analytical decision model has three steps which features in all the analytics-based decision making. To know more, watch this video
Predictive Analytics - Introduction and Classification
Predictive analytics focuses on likely scenarios that will happen. Watch to know more.
Predictive Analytics : Clustering and Frequency
There are large number of data points.Each CLUSTER would have common characteristics. Understand Clusteringand Frequency.
All prescriptive methodologies tend to follow the three components of the Analytical Decision Model. The ‘Predictive Analytics Plus Rules’ methodology is simpler.Get to know more on this. Watch this video.
Machine learning and Artificial Intelligence find place in Predictive and Prescriptive Data Analytics. This video deals with how Machine learning works.
Supervised Machine Learning
In supervised Learning, Human labels inputs and Human defines the output. Learn more on this!
Unsupervised Machine Learning
Unlabeled Inputs. No defined Outputs. Algorithm discovers clusters linkages - Get to know more on Unsupervised learning
Get to understand how Big data is used in Business Analytics
There are Data Sources & Application program interface products that allows users to put together solutions. Data Toolkit introduction in this video.