Big Data has gained massive importance in IT and Business...

Big Data has gained massive importance in IT and Business today. A report recently published state that use of big data by a retailer could increase its operating margin by more than 60 percent and it also states that US health care sector could make more than $300 billion profit with the use of big data. There are many other sectors that could profit largely by proper analysis and usage of big data. Although big data promises better margin’s, more revenue and improvised operations it also brings new challenges to the It infrastructure which is â€Å"extreme data management† .At the same time these companies should also need to look at workload automation and make sure it is robust enough to make to handle the needs that the big data is†¦show more content†¦We can combine these with existing enterprise data warehouse to create an integrated information supply chain which will be very effective. The goals of an information supply chain would be to utilize and integrate the many various raw source data that already exists in organizations, analyze this data and lastly to deliver the analytical results to business users. This information supply chain enable the data component called Smarter Computing. Supporting Extreme Workloads has always been a challenge faced by the computing industry. For example the business transaction processing systems have supported extreme transaction workload even since the beginning of data processing. With the advent of new business these organizations have employed custom and optimized transaction processing systems to handle application workloads that created boundaries which was beyond what could be handled by the generalized technologies. There are many examples for this these type of application like : 1. Airline reservation systems 2. Retail point-of-sale terminals 3. Bank ATM systems 4. Financial trading systems 5. Mobile phone systems Most recently applications for sensor network that track items with RFID tags can also be added to this list of examples. In the present scenario there has been a similarShow MoreRelatedThe Challenges of Big Data and Extreme Workload2964 Words   |  12 Pages The Challenges of Big Data and Extreme Workload: Big Data has gained massive importance in IT and Business today. A report recently published state that use of big data by a retailer could increase its operating margin by more than 60 percent and it also states that US health care sector could make more than $300 billion profit with the use of big data. There are many other sectors that could profit largely by proper analysis and usage of big data. Although big data promises better margin’s, moreRead MoreAn Evaluation Analysis of Tesco Plc7760 Words   |  32 PagesBusiness and Financial Performance of Tesco Plc over three years THE BUSINESS AND FINANCIAL PERFORMANCE OF TESCO PLC OVER A THREE YEAR PERIOD Oxford Brooks University Submitted by: TAHIR GHAFOOR ACCA Registration # 1969183 Date Submitted: 21 Nov, 2011 Word count: 6495 approximately. 1|Page Business and Financial Performance of Tesco Plc over three years Table of Contents Table of Contents .................................................................................................. 2 .Read MoreLenovo Strategic Management7889 Words   |  32 PagesIndividual Research Report Title: Strategic Management of Lenovo in Mainland China PC Market [pic] Name: FIN Number: Course Enrolled: Date of Submission: Table of Contents: 1. INTRODUCTION.........................................................................................................3 1.1 BACKGORUND INFORMATION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..3 1.2 THE OBJECTIVE(S) OF THE FINAL REPORT†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦3 1.3 The SCOPE OF THE FINAL REPORT†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreHospitality Management14588 Words   |  59 Pagesaccommodation, food and beverage, business meetings and events, leisure amenities, entertainment and recreation and tourism services. Being one of the dominating sectors in the service industry, hotel and hospitality services plays a big role in contributing to the economy of a country. In recent years, one of the most important factors affecting the hotel industries along with the entire service sector is considered to be branding. A successful branding strategy provides the business and organisation with greatRead MoreDigital vs Print21238 Words   |  85 PagesMaster’s Thesis in Business Administration, MBA programme Fall 2010 MBA  Thesis  2010  Ã¢â‚¬â€œÃ‚  Author:  Imtiaz  Lakhani      Page 1 of 76 Abstract Digital media has introduced the market to the quickest form of content distribution man has ever seen. Many businesses have tried to adapt their business models to the digital world to maximize their value and influence. Internet has impacted many businesses worldwide giving them an opportunity to evolve and bring innovation to their business direction and economicRead MoreSience23554 Words   |  95 Pagessection â€Å"The Greenhouse Effect is Natural. What do we have to do with it?† What are some ways that humans are thought to be contributing to climate change? 5. Scroll down to the section â€Å"Small Average Global Temperature Change can have a Big Impact.† (Do not use the large map. Scroll down past it) Describe how global warming might affect the following†¦. a. extreme weather b. ecosystem impacts c. rising sea levels d. ocean acidification e. pests and disease Read MoreHistory of Internet10240 Words   |  41 Pagesstored-program concept played in launching the commercial computer industry. 3. List the four generations of computer technology. 4. Identify the key innovations that characterize each generation. 5. Explain how networking technology and the Internet has changed our world. 6. Discuss the lessons that can be learned from studying the computer’s history. Module 1B History of Computers and the Internet 31 What would the world be like if the British had lost to Napoleon in the battle of WaterlooRead MoreCorporate Social Responsibility And Business Ethics8391 Words   |  34 Pages CORPORATE SOCIAL RESPONSIBILITY AND BUSINESS ETHICS Final Project Report for Legal Aspects of Management Submitted To Prof. Dr. D.S. Sengar Professor, IIM Lucknow Submitted By Group 9 Abhinav Bansal, PGP31186 Chheda Adarsh Jayesh, PGP31199 Manideep Akarapu, PGP31213 Ritika Srivastava, PGP31226 Surbhi Aggarwal, PGP31239 â€Æ' Table of Contents Executive Summary 3 Acknowledgement 4 Business Ethics 5 Corporate Social Responsibilty 7 CSR Law 7 Crisis Management CSR 10 Read MoreControl Your Destiny or Someone Else Will10092 Words   |  41 PagesThe following is a highlighted summary of the book, A Stake in the Outcome, published by Doubleday Company. The statements below are key points of the book as determined by James Altfeld and have been made available at no charge to the user. Control Your Destiny or Someone Else Will (p.4) Workers who share their employer’s goals don’t need much supervision. †¢ †¢ †¢ †¢ †¢ †¢ Control your destiny, or someone else will. Face reality as it is, not as it was or as you wish it were. Be candid with everyoneRead MoreThe Importance of Considering Philosophical and Psychological Foundations in Developing a Curriculum.9983 Words   |  40 PagesA THE IMPORTANCE OF CONSIDERING PHILOSOPHICAL AND PSYCHOLOGICAL FOUNDATIONS IN DEVELOPING A CURRICULUM. A comprehensive view of the curriculum requires a consideration of the nature and needs of the individual, the aspirations and requirements of society, and the process by which the individual incorporates experience. As the study on curriculum is very wide, the audience chosen should be from all walks of life. As proposed by Golan Steven (1982); Interviews were conducted with a state director