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Basics of analytics and big data

  • U. Dinesh Kumar
    ,
  • Manaranjan Pradhan
    ,
  • Ram Ramanathan
Research Output: Chapter in Book/Report/Conference proceeding Chapter Peer-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.

Publication Information

Output type

Research Output: Chapter in Book/Report/Conference proceeding Chapter Peer-review

Original language

English

Pages from-to (Number of pages)

Pages 67-86

Publication milestones

  • Published - 12/07/2017

Publication status

Published - 12/07/2017

Place of publication

Florida, USA

Edition

1

Publisher

CRC Press, Netherlands

Publication series

  • Publication series name: The operations research series
9781498753555

ISBN (Electronic)

9781315152653

Chapter Number

3

External Publication IDs

  • handle.net: 10547/622183
  • Scopus: 85052599373

Host publication title

Big data analytics using multiple criteria decision making models

Host publication editors

  • Ramakrishnan Ramanathan
  • Muthu Mathirajan
  • A. Ravi Ravindran