[Datasciencecentral] BigDataFr recommends: BIG Data & Analytics, Data Science, Machine Learning – Random Insights!

BigDataFr recommends: BIG Data & Analytics, Data Science, Machine Learning – Random Insights!

#1: What really is BIG Data?

Today, we can store and process so much data that we have nearly captured reality; no more sampling biases/ errors or related issues – this is my definition of Big Data; not tera or peta bytes! If you have measured the entire population (or close to it) and not sample just a small fraction, resulting data is BIG Data!

#2: Analytics – what is in a name?

Analytics, Machine Learning, Data Science, pattern recognition, statistical modeling, data mining, knowledge discovery, predictive analytics, data science, adaptive systems, self-organizing systems, . . . There ARE subtle technical differences but let us just call it “Analytics”, at least in business applications![…]

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By PG Madhavan
Source: datasciencencentral.com

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