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Data lakes are a way of accumulating and processing data without any predefined structure, the purpose of which is not determined at the moment.
Just as data lakes, warehouses were initially created for enabling enterprises to store large sets of information and process it.
On the contrary to that approach, data warehouses contain data that was previously processed to match the following operations better.Please read the full article Data Warehouse vs Data Lake: Key Difference and How to Choose an Appropriate Option to know more about the difference between these two approaches.
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Big Data is a field that treats ways to analyze, systematically extract information from or otherwise deal with data sets that are too large or complex to be dealt with by traditional data-processing application software.Big Data technology is the most popular word which you get to hear much in the recent days.
Big Data is more than just a huge volume of data, it is believed to be the right key to the business development.
Let’s see what the phenomenon of “Big Data” is and why nowadays it is becoming everybody’s concern.Within the last 20 years we have all been witness to a revolution in the field of information and communication.
This revolution affects each and every aspect of our modern life, starting from the private matters of the everyday routine and finishing with literally every business sector.
Information and data have become of essential importance in almost all spheres.The data collected may be used in different spheres, from retail to finance, from medicine to education, from science to security.This is an extract.
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As the years pass on the volume of data which needs to explode had been increased to unimagined levels.
This process of collecting raw data from different sources and making them useful for the benefit of an organisation can be termed as big data analytics.A traditional big data life cycle:In order to organize the data from an organization, you need to create a framework with different stages of life cycle for big data analytics.
All the stages in the data life cycle are connected to one another and can be distinguished into traditional and statistical methods.CRISP-DM Methodology:CRISP-DM stands for Cross Industry Standard Process for Data Mining Methodology.
You need to perform the tasks simultaneously.Modelling: In this phase, various modelling techniques are used and applied to the parameters to attain optimal values.Evaluation: In this phase, you need to build a high-quality data analysis before deployment.
SEMMA focus on the modelling part whereas CRISP-DM focus on all the stages of the big data life cycle.
In some of the approaches, you can find some incomplete data.