What is Big Data – Types, Trends and Future Explained

What is Big Data?

In the realm of digital transformation, a big data guide becomes essential for businesses seeking to navigate and derive valuable insights from vast and complex datasets.

Big data is a trending term used to indicate a huge amount of knowledge that cannot be handled by traditional knowledge processing software. It requires advanced technologies to collect, store, and process/retrieve information when required.

Capturing the statistics, analyzing them, sharing them, updating them, and maintaining their privacy are some of the major struggles of handling a lot of information.

If all of the goods were to be analyzed, the benefits attained from the Big Data, i.e., the information and statistics received, would change the world of business.

What is Big Data Analytics?

There are plenty of people who need to clarify their question, "What is big data analytics?  That is also the most frequent doubt among people, just like What is Big Data?"

It’s not so hard to understand. Let me explain the concept of Big Data Analytics.

Big Data analytics is the continuous process of analyzing mass amounts of information to reveal complex information such as hidden patterns, market trends, and the preferences of customers. This will eventually help the organization make well-informed business decisions.

On the other hand, Data Analytics is nothing but techniques that are used to analyze data and find new factual information.

Using such information from Mass Info, organizations can solve a lot of their current issues. It helps them in areas like,

1) Cost reduction
2) Customer behavior analysis
3) Risk management
4) Protection from fraud
5) Time Reduction
6) Product development

All in all, Mass Information helps people make better and more informed decisions while reducing risks and threats of failure.

Now that we’ve understood what a lot of intelligence is and why it is essential, we’ll talk about the types of information in statistical analytics.

The types of information can be of various forms, like structured, unstructured, and semi-structured when it comes to big data.

Let’s discuss the types of information in detail.

What are the Types of Big Data?

Structured Types

The structured form of knowledge is available in an organized manner and stored in the database. This usually includes statistics from computer-based activities with two primary sources — machines and humans.

The former involves logs, history, and practical information about every single activity performed on a system or the internet. The latter includes goods manually entered by humans, like personal information on websites and portals.

Unstructured Types

Unlike structured information, this type of statistic isn’t available in an organized manner. Unstructured knowledge doesn’t exist in a neat row-and-column format. Hence, it has to be dealt with manually.

Until recently, there was no option but to segregate the statistics manually, but now, new innovative ways are coming up for dealing with such testimony.

This includes social media statistics, websites, online content, etc. Everything we write, post, and share online contributes to unstructured goods. 

Semi-Structured Types

The semi-structured one can be defined as information that isn’t entirely structured but is easy to handle when compared to the unstructured dossier. This could include some common quality throughout the set of knowledge that helps us segregate, store, and use it for various purposes with ease.

About 20% of the available data is structured, and the remaining 80% falls into the categories of unstructured and semi-structured.

However, the majority of this is unstructured. In the 2000s, an industry analyst named Doug Laney introduced the concept of 3Vs relating to Big Data solutions.

These 3Vs (Volume, Velocity, and Variety) act as the defining factors of Big Data solutions.

According to this concept, the struggle with big data doesn’t just involve the amount of information that is to be handled. Other factors are contributing to the issue too, like variety and velocity.

In recent years, two other factors have been included — variability and value. The aim here is to understand that Big Data and its complexity are not just related to its size but also various other things related to it.

Now, let’s talk about the most popular Big Data trends,

What is a Big Data Trend?

What is the big data trend? That’s a sophisticated question to answer.

Let me help you out there with your query regarding what a Big Data trend. A Big Data trend is a recognized pattern regarding a set of data that the analysts utilize to organize their attempts to find the running data. There are certain types of trends, such as,

Open Source trends:

The frameworks of Big Data open source like Hadoop, NoSQL, and Spark are soaring high in the mass information market.

The usage of Big Data Hadoop is consequently increasing year after year, and several organizations are adopting open source for their businesses. So it is drawing a clear picture of its future application and encouragement.

According to a source, by the end of 2018, about 60% of companies plan to adopt Hadoop technology as an integral part of their business.

What is Hadoop? And what is Hadoop used for?

Apache Hadoop is an open-source collection of software utilities that are used to activate networks of huge numbers of computers to resolve malfunctions of large data and computations, and Hadoop is one of the most widely used Big Data solutions,

Do you know it's always a framework for software meant for distributed storage and processing of big data using models of programs like MapReduce?

Streaming analytics trends

In the Big Data world, the streaming analytics trend is the next important goal being chased. It is believed that by the end of this year, Mass information professionals will be able to apply streaming analytics and get analysis to a better level.

Streaming analytics means being able to process and analyze information while it is still being created. It means no interruption, conversion, or duplication of knowledge for analysis. Plus, it saves a lot of time and effort.

AI and Machine Learning trends

Artificial Intelligence and Machine Learning were the technologies that topped last year’s list of the most promising and rapidly growing trends.

There is no doubt that these are going big this year and changing the way people work with technology. With voice recognition, privacy improvement, real-time experiences, and many more, AI and machine learning are trending in Big Data solutions too.

Dark Data trends

This term refers to the hidden, unrecognized, and unprocessed information that is usually saved offline in the form of hand-written records or other paper-based work. Big Data aims to meet this challenge head-on this year and convert most of it into online stored data for reference.

Data Visualization Trends

Earlier, the prime aim of Big Data handling software was to simply store and analyze the information. Discerning the information available in various forms and making the most of it by giving a dossier analysis was the only important part.

But today, alongside analyzing shreds of evidence, the aim is to represent the analytics more clearly and understandably.

Various visualization techniques have come into the picture to garner the benefits of this analytics and help a business grow.

One of the best examples is the rise in the use of infographics. We, as humans, respond to visuals more effectively.

Hence, using visualization as a means of representing the information analytics collected from Big Data can help serve the purpose better and more efficiently.

Big Data’s Future and Market Potential

In the near future, everyone and everywhere will be inside Mass Info. After reading and understanding its complexity due to its large size, one may term it as something that is available in large quantities but is useless. This isn’t true at all.

Big Data’s potential and future are limitless. The amount of evidence created online keeps increasing every day but only a part of it is analyzed. So, we can expect a widespread usage of Mass Info in the nearby future itself.

Most Popular and High Paying Big Data Certifications you Must Consider

Big Data Hadoop Analyst

Big Data Hadoop and Spark Developer

Conclusion

Now that you know the answer to the question, what is Big Data? It’s really easy to understand the concepts. As we discussed, the Big Data market is rapidly trending, and it is expected to be worth over $45 billion by the end of this year.

According to a recent survey in the Big Data analytics field, there will be around 440,000 job trends related to Mass Info in the US, and there are only 300,000 candidates to fill the positions.

This shows that the Mass Info market is quite promising and opens up several opportunities in the coming future.

Getting a big data certification can help boost your career in this field and help you have a secure future in the knowledge analytics field, Know more and more about the trends, types, and application of Mass Information by enrolling in Sprintzeal. I assure you, that you will have a clear answer to your questions about what is big data and more.

If you are aspiring to make a career and want to know more about the concept what is big data or enhance your current career in the field of big data trends, you can take up our Big Data Hadoop Analyst Training and get certified. To learn about more courses in this field, you can reach us at Click Here or directly chat with our course expert online.

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