Business impact of big data

Business impact of big data Big data is getting more popular as the days are passed. Because everyone is using big data even many companies are telling that it is very effective and it has positive effect on business. Business operations are easier to be done. From past 2 years the problem of overwhelming amount of data is solved. Big data is getting more usable as the datasets are increased. Big data term is used for the series of techniques to describe the storage, analysis of large and complex datasets. In 2015 many jobs are created for the support of big data. An IT company and a health care center has hug dataset with massive information so they use the big data technology to make the system more efficient,...


Technologies used in Big Data

  Cloud computing: Cloud computing is delivering the computer services over the internet. User can access the application as utilities over the internet. Example: Yahoo, Gmail, Hotmail etc. In 2006 Amazon is the first who provide the first public cloud. HADOOP: HADOOP means High Availability distributed Object Oriented Platform. It is a framework for the Big Data.   Two modules of Hadoop   MapReduce: MapReduce is a parallel programming. It helps in processing the massive data on large clus...


COIT 20253 Business Intelligence using Big Data

Questions- What Big Data is, and the difference between Online and Offline Big Data How to select the right Big Data application for your business, project and desired outcomes. • What are the technologies available in Big Data? Business Impact of Big Data Organizational Impact of Big Data.   Answer -   What is Big Data? Big Data means the collection of both structural and unstructured datasets in really big volume. It is very large data that any traditional data management tools are unable to store and process this data. Example: Facebook a social media website stores 500+ terabytes new data every day which inclu...


Accounting for Managers Q2

Question 2 A local restaurant is noted for its fine food, as evidenced by the large number of customers.  A customer was heard to remark that the secret of the restaurant’s success was its fine chef.  Would you regard the chef as an asset of the business?  If so, would you include the chef on the balance sheet of the business and at what value? Discuss. (2 MARKS) The accounting definition of asset is significant in context to the above statement. As per the definition, assets are defined as resources from which future economic benefits are expected to flow into the entity and are also controlled by the...


Accounting for Managers

QUESTION: c) Indicate the effect of each of the following transactions on any or all of the three financial statements of a business: (5 MARKS)   Statement of financial position Statement of financial performance Statement of cash flows   SOLUTION:   Purchase equipment for cash:   The purchase of a...