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Basics of analytics and big data

  • U. Dinesh Kumar
  • , Manaranjan Pradhan
  • , Ram Ramanathan

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

In this book chapter, we introduce fundamental concepts of analytics and big data and role of analytic in multi-criteria decision making. Three components of analytics, namely, descriptive, predictive and prescriptive analytics are explained using different applications of these three components. The chapter also introduces big data challenges and technology used for handling big data problems. The primary objective of the chapter is to introduce basic concepts in analytics and big data to the readers.
Original languageEnglish
Title of host publicationBig data analytics using multiple criteria decision making models
EditorsRamakrishnan Ramanathan, Muthu Mathirajan, A. Ravi Ravindran
Place of PublicationFlorida, USA
PublisherCRC Press
Chapter3
Pages67-86
Edition1
ISBN (Electronic)9781315152653
ISBN (Print)9781498753555
DOIs
Publication statusPublished - 12 Jul 2017

Publication series

NameThe operations research series

Keywords

  • Big Data
  • Computer Sciences and Mathematical Tools
  • Mathematical Sciences

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