Application in Big Data analytics
Frequently, the terms big data and Cognitive Intelligence are used together. Let us understand the relationship between these two concepts. During the course of this book, we have already seen primary aspects and details of big data, such as Volume, Velocity, and Variety. The data volumes are growing exponentially with more devices and systems producing data across business domains and platforms.
As a simple example, a person living in any urban area across the world, is producing at least a few megabytes of data every day with the use of smartphones, televisions, various electronic gadgets, and even cars. These personalized datasets along with industrial and enterprise data assets are adding to the volume of data everyday. This data is generated and stored at an ever increasing velocity into centralized servers on the premise or within the cloud. In order for the data assets to be of value, the analysis and actionable insights should be generated as close...