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Big Data and the Cloud- An Eclectic Mix

Big Data and the Cloud- An Eclectic Mix
The FINRA or The Financial Industry Regulatory Authority, Inc. makes analysis of up to no less than 75 billion events each and every day. It is little wonder then that it finds its data center nearly filled to capacity. FINRA is looking forward to migrating to the cloud in order to continue to provide the protection for investors and continually respond to the market that it is famed for.

According to Matt Cardillo who is the Senior Director at FINRA, they are eyeing the elasticity that is enabled by cloud storage. He further continued also on their radar was an approach change in order to respond to market and volume data change along with changes in the behavior of users. Volatile markets result in usage spikes and also attract a whole lot more of users in their system.

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The surveillance program undertaken by FINRA performs analysis of data for suspicious activities as well as potential fraud. Their algorithms go through and analyze the data for any abnormalities or activities that might not be normal. They have in place alerts and exceptions that take stock of situations and then have access to analytics that help to determine if there is indeed a problem or whether it is a false call.

Stay Ahead of the Big Data Curve

Almost every day a new tool emerges to take stock of Analytics in the brave new world of Big Data Tech. According to Cardillo the kudos for staying ahead of the big data curve goes to the skilled staff at FINRA. He says that his people are innovative and are only too keen to embrace the latest advancements in technology. He confesses that after reverting to the cloud some of their present tech as well as tools will become irrelevant. But they are banking big on open source especially frameworks like Hive, Hadoop and Spark to get most out of the elasticity needed by their business.

 

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The Possibilities of Big Data

It is no secret that Big Data has some wonderful applications that may change the way we interact with businesses, and even more how they interacts with us through other facets of this rapidly growing field. But, what can it do concretely? This blog post shares insights of this question.
 
The Possibilities of Big Data

Endless Possibilities of Big Data

 It can tell you what may most probably happen

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Top 10 Best Hadoop EBooks That You Should Start Reading Now

Top 10 Best Hadoop EBooks That You Should Start Reading Now

Based on Java, Hadoop is a free open source framework for programming where dealings with huge amounts of processed data in a computing environment is said to be distributed. None other than the Apache Software Foundation is sponsoring it. If you are looking for information about Hadoop, you will like to get in-depth information about the framework and its associated functions. To get you up to the mark with the concepts, the eBooks listed below will prove to be of invaluable help.

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MapReduce

If you are looking forward to get started with Hadoop, and maximize your knowledge about Hadoop clusters, this book is of right fit. The book is loaded with information on how t o effectively use the framework to scale apps of the tools provided by Hadoop. This ebook lets you get acquainted with the intricacies of Hadoop with instructions provided on a step-by-step basis and guides you from being a Hadoop newbie to efficiently run and tackle complex Hadoop apps across a large number of machine clusters.

Also read: Big Data Analytics and its Impact on Manufacturing Sector

Programming Pig

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If you are looking for a reference from which you may learn more about Apache Pig, which happens to be the engine powering executions of parallel flows of data on the Hadoop framework which also is open source, the Programming Pig is meant for you. Not only does it serve the interests of new users but also provides advanced users coverage on the most important functions like the “Pig Latin” scripting language, the “Grunt” shell and the functions defined by users for extending Pig even further. After reading this book, analyzing terabytes of data is a far less tedious task.

Also read: What Sets Apart Data Science from Big Data and Data Analytics

Professional Hadoop Solutions

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This book covers a gamut of topics such as that how to store data with Hbase and HDFS, processing the data with the help of MapReduce and data processing automation with Oozie. Not limiting to that the book further covers the security features of Hadoop, how it goes along with Amazon Web Services, the best related practices and how to automate in real time the Hadoop processes. It provides code examples in XML and Java and refers to them in-depth along with what has been added to the Hadoop ecosystem of late. The eBook positions itself as comprehensive resource with API coverage and exposition of the deeper intricacies, which allow developers and architects to better customize and leverage them.

Also read: How To Stop Big Data Projects From Failing?

Apache Sqoop cookbook

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This guide allows the user to use Sqoop from Apache with emphasis on application of parameters that are enabled by the Command Line Interface when dealing with cases that are used commonly. The authors offer Oracle, MySQL as well as PostgreSQL examples of databases on GitHub that lend themselves to be easily adapted for Netezza, SQL Server, Teradata etc relational systems.

Also read: Why Getting a Big Data Certification Will Benefit Your Small Business

Hadoop MapReduce Cookbook

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The preface of the book claims that the book enables readers to know how to process complex and large datasets. The book starts simple but still gives detailed knowledge about Hadoop. Further, the book claims to be a simple guide on getting things done in one place. It consists of 90 recipes that are offered simply and in a straightforward manner, coupled with systematic instructions and examples from the real world.

Also read: How to Code Colour Values Within SAS Enterprise Guide

Hadoop: The Definitive Guide, 2nd Ed

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If you want to know how to maintain and build distributed systems that are both scalable and reliable within the framework of Hadoop then this book is for you. It is intended for – programmers who want to analyze datasets, irrespective of size; and – administrators, who seek to know the setting up and running of Hadoop Clusters, alike. New features like Sqoop, Hive as well as Avro are dealt with in the new second edition. Case studies are also included that may help you out with specific problems.

Also read: How to Use PUT and %PUT Statements in SAS: 6 Tips

MapReduce Design Pattern

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If one is to go by the book’s preface, the book is a blend of familiarity and uniqueness. The book is dedicated to design patterns by which we refer to the general guides or templates for solving problems. It is however more open-ended in nature than a “cookbook” as problems are not specified. You have to delve more in the subject matter than mere copying and pasting, but a pattern will get you covered about 90% of the whole way regardless of the challenge at hand.

Also read: SAS Still Dominates the Market After Decades of its Inception

Hadoop Operations

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This book is necessary for those who seek to maintain complex and large clusters of Hadoop. Map Reduce, HDFS, Hadoop Cluster Planning. Hadoop Installation as well as Configuration, Authorization and authentication, Identity, Maintenance of clusters and management of resources are all dealt in it.

Also read: Things to judge in SAS training centres

Programming Hive

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Knowledge on programming in Hive provides an SQL dialect in order to query data, which is stored in HDFS, which makes it an indispensable tool at the hands of Hadoop experts. It also works to integrate with other file systems, which may be associated with Hadoop. Examples of such file systems may be MapR-FS and the S3 from Amazon as well as Cassandra and HBase.

Hadoop Real World Solutions CookBook

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The preface of this eBook illustrates its use. It lets developers get acquainted and become proficient at problem solving in the Hadoop space. The reader will also get acquainted with varied tools related to Hadoop and the best practices to be followed while implementing them. The tools included in this cookbook are inclusive of Pig, Hive, MapReduce, Giraph, Mahout, Accumulo, HDFS, Ganglia and Redis. This book intends to teach readers what they need to know to apply Hadoop knowledge to solve their own set of problems.

 

So, happy reading!

 

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Besides, feeding knowledge through eBooks, it is vital to be enrolled for an excellent Big data hadoop certification in Gurgaon. DexLab Analytics is here for you; it offers a gamut of high-end big data hadoop training in Delhi, courses that will surely hone your data skills.

 

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Big Data at Autodesk: 360 Degree view of Customers in the Cloud

The last few years have seen a huge paradigm shift for many software vendors. The move away from a product-based model towards software-as-a-service (SAAS) in the cloud has brought huge changes. The main advantage of moving from a product based model to software-as-a-service is that the companies will be able to identify the service usage of how and why a product is being used. Earlier software companies used to run a survey or focus groups of customer feedback to identify the how and why a product is being used. This customer feedback survey has various limitations on identifying the product usage or where the product improvement has to be made.

Here’s All You Need to Know about Quantum Computing and Its Future

Autodesk was one of the frontrunners in the field, having been experimenting with the cloud based SAAS as far back as 2001 when it is acquired the BUZZSAW file sharing and synchronization service. Since then Microsoft, Adobe and many others moving into a subscription based, on-demand service and Autodesk has done the same with its core computer aided design products.

Software-as-a-service is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. It is sometimes referred to as on-demand software. On-premise software is the exact opposite where the delivery of product is inside the particular organizations infrastructure.

Understanding how customers use a product is critical to giving them what they want. In a SAAS environment where everything is happening online and in the cloud, companies can gain a far more accurate picture  

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The idea of moving to cloud based subscription model gives the business to understand more about the product usage of customers. This gives them the edge to serve better to the customers. The shift in the industry shall not be ignored. Big Data is really being used now to understand how and where to improve the product.

 

The Indian IT industry is focusing mainly on Cloud, Analytics, Mobile and Social segment to further drive growth. This Software-as-a-service delivery model can certainly give the edge to do data analysis on where and how the product is used.

 

 

There are number of reasons why Software-as-a-service is beneficial to organizations:

 

  • No additional hardware costs, you can buy the processing power or hardware as per the requirement. Do not have to go for high end configuration as there is no requirement. Need based subscription.
  • Usage is scalable. You can scale whenever you require.
  • Applications can be customised.
  • Accessible from any location, rather than being restricted to installations on individual computers an application can be accessed from anywhere with an internet enabled device.

 

The adoption of cloud based delivery model is accelerating mainly because of the analytical capability it gives the business to understand the customers. Analytics rocks!.

 

For state of the art big data training in Pune, look no further than DexLab Analytics. It is a renowned institute that excels in Big data hadoop certification in Pune. For more information, visit their official site.

 

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How Vital Is It to Measure KPIs for Future Success

How Vital Is It to Measure KPIs for Future Success

As I discussed earlier, Analytics is highly quantitative in nature. In this blog, we will discuss about the importance of Key Performance Indicators and how does KPIs help in measuring the organization’s performance and analytics.

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Tips to Make Sense of All The Big Data Around Us, You Can Make a Difference

Tips To Make Sense Of All The Big Data Around Us, You Can Make A Difference

We are all in the midst of the onslaught of information overload in many ways. We create it, transfer it and heartily participate in it. To get a grasp of the actual reality faced by businesses of all sizes, one needs to understand the exact scenario. According to IDC1, “The big data and analytics market will reach $125 billion worldwide in 2015” Further, IDC predicts, “Clearly IoT (Internet of Things) analytics will be hot, with a five-year CAGR of 30%.”

big-data-analytics

Data is created from all the posts made every second globally on social media, the humongous chatter, digital photo sharing, video uploads, online transactions, all the cell phone signals etc. – are all forms of data being generated leading to a massive information overload across servers and of course the cloud platforms.

All this digitization has led to a severe business challenge – so much big data, but how to make sense of all this? How does one use it for any kind of business related decision or direction? The following are some tips to help business make some sense from all this data right within their ambit.

1-Break it down

Big data remains big, unless methods are employed to break it into tiny usable groups of information. Eliminating, cross-referencing and grouping are the first steps to sort out various disparate data bytes.

2-Deduplication

There will always be the challenge of similar data springing up and being stored. Deduplication works as a primary point of ensuring that there is a reduction in the same data coming up for analysis.

3-Technology and its role

The role of specific technology cannot be ignored, when it comes to ensuring that all this big data is streamlined, stored safely and processed using the latest available techniques.

Big Data Landscape

4-Do not discard anything

Even the smallest and seemingly insignificant amount of information may be relevant and hold key insights.

5-Best practices for data analysis

The ecosystem revolving around the actual analysis of the big data needs to evolve into a more standardized format to be used across flexible structures leading to quicker outputs, better results and arriving at useful insights.

6-Having the right talent

This is one of the most important aspects, when it comes to actually making sense of all the data lying around across organizations. This is where trained and certified big data analysts appear.

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How is big data analytics a strategic part of business decisions today?

(Decode big data analytics and its relevance in today’s business scenario)

How is big data analytics a strategic part of business decisions today?

Businesses are getting increasingly competitive, and thanks to the connected community through multiple devices. The way people are shopping or looking for products or solutions has undergone a paradigm shift. We are living in a changed world in terms of the way technology intersects almost all aspects of business, notwithstanding the size and scale.

Continue reading “How is big data analytics a strategic part of business decisions today?”

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