{"id":454,"date":"2015-08-28T07:28:42","date_gmt":"2015-08-28T04:28:42","guid":{"rendered":"http:\/\/kusuaks7\/?p=59"},"modified":"2024-11-05T15:11:15","modified_gmt":"2024-11-05T15:11:15","slug":"big-data-enhances-predictive-analytics","status":"publish","type":"post","link":"https:\/\/www.experfy.com\/blog\/bigdata-cloud\/big-data-enhances-predictive-analytics\/","title":{"rendered":"Big Data Enhances Predictive Analytics"},"content":{"rendered":"\t\t
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\n\t\t\t\t\t\t\t\t\tTraditional predictive analytics foresaw future events based on comparisons of past scenarios or patterns. This process involves deductive reasoning in order to provide insights into the future. This works well when the collected data samples are highly structured, which is the case in transactional business data.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tBut what happens when literally unending streams of data are generated from sensor-aided machines or instruments, or from real-time transactions? What about stockpiles of data from social media or mobile messaging? In these cases, traditional analytics tools fail to make predictions as the volume of data is too high for the storage and processing capabilities of available hardware. Plus the variety of non-transactional data, mainly unstructured, do not fit into the framework of RDBMS schemas.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tIn Intel’s 2012 survey, participating IT managers responded that though the current business practices engage equal amounts batch and real-time data processing, by 2015, real-time processing will account for two-thirds of the processing workload.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tFor a long time, predictive analytics has been the exclusive domain of highly secluded statisticians and data scientists\u0097who had no real connection with the everyday world of business. Big data came and changed all that. <\/strong><\/span><\/div><\/div><\/div><\/div><\/div><\/section><\/div> (more…)<\/span><\/a>","protected":false},"excerpt":{"rendered":"

Traditional predictive analytics foresaw future events based on comparisons of past scenarios or patterns. This process involves deductive reasoning<\/p>\n","protected":false},"author":11,"featured_media":2603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[187],"tags":[122],"ppma_author":[1606],"class_list":["post-454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bigdata-cloud","tag-big-data"],"authors":[{"term_id":1606,"user_id":11,"is_guest":0,"slug":"cameron-turner","display_name":"Cameron Turner","avatar_url":{"url":"https:\/\/www.experfy.com\/blog\/wp-content\/uploads\/2024\/09\/cameron.jpeg","url2x":"https:\/\/www.experfy.com\/blog\/wp-content\/uploads\/2024\/09\/cameron.jpeg"},"user_url":"","last_name":"Turner","first_name":"Cameron","job_title":"","description":""}],"_links":{"self":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/comments?post=454"}],"version-history":[{"count":4,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/454\/revisions"}],"predecessor-version":[{"id":37101,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/454\/revisions\/37101"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/media\/2603"}],"wp:attachment":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/media?parent=454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/categories?post=454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/tags?post=454"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/ppma_author?post=454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}