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PLAYING WITH THE BIG DATA

(Vishwakarma Institute of Technology)

Prof. Avadoot Rajurkar, Chirag Bhagat, Vijay Baswante, Vikas Agrawal, Shital Dukale, Vishwajeet Pawar

Avadhoot.rajurkar@vit.edu, chirag.bhagat21@vit.edu, Vijay.baswante21@vit.edu, vikas.agrawal20@vit.edu, shital.dukale20@vit.edu,vishwajit.pawar20@vit.edu

Abstract

Decision-makers now have access to vast amounts of data thanks to the information age. Big data refers to datasets that are not only large in size but also have a high level of variety and velocity, making it challenging to manage them with conventional tools and procedures.

Solutions must be researched and offered in order to handle and extract value and knowledge from large datasets due to the rapid growth of such data. Decision-makers also need to be able to draw important conclusions from the wide range of fast evolving data, including

information from social networks, daily transactions, and consumer contacts. Massive data analytics, or the use of sophisticated analytics techniques on big data, can deliver this value. In addition to this some of the large data can be in the form of unstructured way therefore

that has to be arranged in the structured way, managing and making deal with big data is a big deal therefore some of the parameters need to be taken under considerations before preparing the desired model. This paper aims in managing the big data with different analytical methods and its application in variety of sectors.

Keywords: Literature review, decision making, big data applications, big data analytics, and tools.