Text mining is a sub-division of data mining that is used in recognizing hidden patterns and correlation in large amount of data. It is also known as text data mining, intelligent text analysis and knowledge discovery in text.
Need of Big data in the Indian banking sectorHadoop is one of the applications for big data analysis, which is quite popular for its storage system that is Hadoop distributed file system (HDFS). It is a Java-based open source framework which stores big datasets in its distributed file system and processes them using MapReduce programming model.
Need of Big data in the Indian banking sectorWith increasing use of big data applications in various industries, Hadoop has gained popularity over the last decade in data analysis. It is an open-source framework which provides distributed file system for big data sets.
Need of Big data in the Indian banking sectorBig data has been a buzzword in the computing era for over a decade now. It is a term used for large and complex data sets which is difficult to be processed and analysed by traditional data processing software.
Need of Big data in the Indian banking sectorSupply chain management and logistics are the crucial part of the business processes. It is the logistics and the supply chain management that manages the distribution, storage, transportation and packaging as well as delivery of the items. Big data plays an important role in managing the logistics and supply chain management (Ghosh 2015). This article […]
Need of Big data in the Indian banking sector, online shopping, situational mappingIt has become important to create a new platform to fulfill the demand of organizations due to the challenges faced by traditional data. By leveraging the talent and collaborative efforts of the people and the resources, innovation in terms of managing massive amount of data has become tedious job for organisations.
Need of Big data in the Indian banking sectorComplex or massive data sets which are quite impractical to be managed using the traditional database system and software tools are referred to as big data.
Need of Big data in the Indian banking sectorThe common buzzword of Information Technology era during the last decade is “Cloud Computing”, with many world-market players shaping the field, such as Amazon Elastic Computing Cloud (Amazon EC2), Skype, Box.com, Dropbox, Twitter, Facebook and chatter.com.
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