In today’s digital age, data has become an important part of our lives. In our daily lives, we continuously generate data by using online shopping, social media, internet banking, and other digital services. This data is important in our personal lives as well as in the business world. Therefore, a big data platform is required to structure and manage this data.
What is a Big data platform?
A big data platform is a high-scale and high-capacity computing infrastructure intended to store, process, and analyze vast amounts of data. These platforms do not act as stand-alone database systems or tools but provide data integration, data storage, and analytics to share data coming from different sources and process it in an organized format. It can be used for a variety of purposes, such as for business big data analytics, science and research, and decision support.
Big data platforms provide a complete package of specialized software and hardware combinations for storing and processing data. Through this, users can take a holistic view of data coming from different sources, analyze it, and use the necessary analytics tools to make informed decisions from the data. Through this, important information and patterns can be extracted from the data, which helps in improving business decisions and strategies.
Important Features
Scalability: Big data platforms are scalable, meaning they can store and process large amounts of data. This alone can change when keeping large data sets as well as with data growth.
Data Integration: This platform can store data coming from different sources and provide a holistic view of them together.
Data storage: Big data platforms use special data storage mechanisms to secure and track data, thereby ensuring data security and technical availability.
Data Analytics: Through this, data can be analyzed, which can lead to pattern recognition, unique information, and deeper analysis.
Reporting and Visualization: Big data platforms use specialized reporting and visualization tools to present data in an attractive and easy-to-understand manner to aid decision-making.
Security: Big data platforms are critical to the protection of data and employ security measures to protect it from unauthorized access.
Aggregated Data: The platform can aggregate and store data from various sources, thereby reducing the accumulation of data located in different locations.
Pattern Recognition: This platform can identify patterns and relationships in data, which helps in discovering new and important information.
Use Area
Finance and Banking: Big data platforms play an important role in the financial sector, being used to understand financial transactions, identify patterns of customer behaviour, and improve economic governance.
Health Services: Data platforms help health services analyze data, identify disease patterns, and provide reproductive health facilities. It is used for disease management, job health and medical research.
Manufacturing and Industrial: In manufacturing, data platforms are used to improve production processes simulate, and optimize workflows. It helps manufacturing companies improve productivity and quality.
Retail and eCommerce: Big data platforms help retail companies understand customer shopping patterns, create marketing strategies, and improve the customer experience.
Education: Big data platforms are used in the education sector to monitor the quality of education, evaluate teacher performance, and improve education policies.
Science and Research: Big data platforms are useful for discovering new information in the field of scientific research and development. It helps in analyzing scientific data and identifying new research areas in new directions.
Government and corporations: Government and corporate organizations use data platforms to manage citizen services, security, and policy making.
Climate and Environment: Data platforms used to measure, forecast, and interpret climate and environment, which helps manage climate change.
Operationalization and Leadership: Big data platforms are useful for businesses to operationalize their leadership decision-making and operationalize and improve business processes.
Advantages
More decision-making evidence: Big and detailed data sets can be analyzed through big data platforms, giving businesses and organizations more decision-making information that can teach them how to improve their work.
Capacity Increase: Its use increases the productivity and efficiency of the work process along with the ability to store and process huge amounts of data.
Better customer service: Data platforms in finance, ecommerce, and other sectors can identify customer behaviour patterns, providing better customer service.
Financial support: Big data platforms in the banking and finance sector can be used to improve the process of credit scoring, loan approval, and supply reconciliation.
More priority for the organization: Big data platforms help organizations make decisions based on their needs, allowing resources to be utilized properly.
Disadvantages
Data Privacy and Security: The use of big data platforms can give rise to data privacy and security issues, making the protection of personal information a contractual issue.
Higher costs: Big data platforms tend to have higher equipment and content costs, which may require organizations to budget appropriately.
Constitutional cognizance: There may be difficulties in constitutional cognizance and regulation of information obtained from data platforms, which can lead to legal problems.
Difficulties in Data Optimization: There may sometimes be difficulties in collecting and processing data coming from different sources in an organized manner.
Data Quality: To get the maximum benefits of big data platforms, special attention should be paid to data quality, and sometimes data quality problems may occur.
Information overload: Excessive data storage and processing can cause businesses to become overloaded with data, and this can lead to overcrowding in the workplace.
How to Use?
Decide the purpose: The first step is to decide what you want to use the big data platform for. Do you want to gain new insights from data, make decisions, or improve a business process?
Collecting data sources: Depending on your objectives, you need to prepare to collect information from sources. These sources can come from various databases, data warehouses, sensors, and other sources.
Data storage and organization: Store and organize collected data in a secure location. Can use databases, data warehouses, and data warehouse tools.
Data processing: Use tools and techniques to process data, such as data cleaning, data transformation, and feature engineering.
Data analysis and analytics: Extract information from data and identify patterns using tools for research and analytics.
Data Visualization: Present data in graphical charts and graphs using visualization tools, making the information easier to understand.
Decisions and Actions: Make decisions based on the results of data analysis and take action when necessary.
Project management: Use management tools and techniques to manage big data projects so that project progress can be controlled.
Learning and improving: Try to understand and improve after each step of a big data project so that you can follow a better process in the next projects.
Security and Data Privacy: Maintain data security and privacy and follow relevant legal and ethical guidelines.
Upgradation and Maintenance: Upgrade the data platform and take time to maintain the related systems regularly.
Conclusion
Big data platforms have become an essential tool in today’s digital age. It helps in structuring and managing data and helps in using the data for different purposes. Through this, we can use data more creatively and efficiently, which can help in improving our personal and business lives.