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Big data was originally associated with three key concepts: volume, variety, and velocity. [3] The analysis of big data presents challenges in sampling, and thus previously allowing for only observations and sampling. Thus a fourth concept, veracity, refers to the quality or insightfulness of the data. [4]
Critical data studies is the exploration of and engagement with social, cultural, and ethical challenges that arise when working with big data. It is through various unique perspectives and taking a critical approach that this form of study can be practiced. [ 1 ]
Big data ethics, also known simply as data ethics, refers to systemizing, defending, and recommending concepts of right and wrong conduct in relation to data, in particular personal data. [1] Since the dawn of the Internet the sheer quantity and quality of data has dramatically increased and is continuing to do so exponentially.
The TDWI big data maturity model is a model in the current big data maturity area and therefore consists of a significant body of knowledge. [6] Maturity stages. The different stages of maturity in the TDWI BDMM can be summarized as follows: Stage 1: Nascent. The nascent stage as a pre–big data environment. During this stage:
Industrial big data refers to a large amount of diversified time series generated at a high speed by industrial equipment, [1] known as the Internet of things. [2] The term emerged in 2012 along with the concept of "Industry 4.0”, and refers to big data”, popular in information technology marketing, in that data created by industrial equipment might hold more potential business value. [3]
Big data is defined as the algorithm-based analysis of large-scale, distinct digital data for purposes of prediction, measurement, and governance. [6] [7] This involves processing vast amounts of information from various sources, like social media, sensors, or online transactions, using advanced computer programs (algorithms).
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The difference between data analysis and data mining is that data analysis is used to test models and hypotheses on the dataset, e.g., analyzing the effectiveness of a marketing campaign, regardless of the amount of data. In contrast, data mining uses machine learning and statistical models to uncover clandestine or hidden patterns in a large ...