Big Data and Analytics for Business Users

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1. Defining Big Data

Transforming Data into Business Information
Quality of Data
Gartner’s Definition of Big Data
More Definitions of Big Data
Processing Big Data
Challenges Posed by Big Data
The Cloud and Big Data
The Business Value of Big Data
Big Data: Hype or Reality?
Big Data Quiz
Big Data Quiz Answers
Summary

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2. Defining the Cloud

A Bit of History
Wikipedia Entry
Cloud Computing at a Glance
Gartner Research on Cloud
Electrical Power Grid Service Analogy
The NIST Perspective
Five Characteristics
On-demand Self-Service (NIST Characteristic)
Broad Network Access (NIST Characteristic)
Resource Pooling (NIST Characteristic)
Rapid Elasticity (NIST Characteristic)
Measured Service (NIST Characteristic)
The Three Cloud Service Models (NIST)
The Cloud Computing Spectrum: IaaS, PaaS and SaaS
The Four Cloud Deployment Models (NIST)
The NIST Cloud Definition Framework
A Hybrid Cloud Diagram
Cloud Deployment Model Dynamics
Summary

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3. The Cloud Economics:

Cloud Value Proposition
Coping with Computing Demand the Traditional Way
Coping with Computing Demand the Cloud Way
Cloud economics
You Can Move Your Cloud Apps Closer to Your Clients!
Be Aware of What You Ask For!
Do Clouds Compute?
Total Cost of Ownership (TCO)
Cloud Infrastructure – Vendor Comparison
Select Expected Benefits
You Still Need …
Financial Management and Tracking
Calculate initial, simple return
Calculate Returns for on-going Usage
How to Practically Estimate Your Cloud Bill?
Shop Around (Within the Same Shop)
Discounted Object Storage: Amazon Glacier
Amazon S3 Cost Monitoring
Google Compute Engine Per-Minute Billing
Summary

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4. What is NOSQL?

Limitations of Relational Databases
Limitations of Relational Databases (Cont’d)
Defining NoSQL
What are NoSQL (Not Only SQL) Databases?
The Past and Present of the NoSQL World
NoSQL Database Properties
NoSQL Benefits
NoSQL Database Storage Types
Limitations of NoSQL Databases
Summary

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5. Applied Data Science

What is Data Science?
Data Science Ecosystem
Data Mining vs. Data Science
Business Analytics vs. Data Science
Who is a Data Scientist?
Data Science Skill Sets Venn Diagram
Data Scientists at Work
Examples of Data Science Projects
An Example of a Data Product
Applied Data Science at Google
Data Science Gotchas
Summary

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5. 6. Data Science Algorithms and Analytical Methods

Supervised vs Unsupervised Machine Learning
Supervised Machine Learning Algorithms
Unsupervised Machine Learning Algorithms
Choose the Right Algorithm
Life-cycles of Machine Learning Development
Classifying with k-Nearest Neighbors (SL)
k-Nearest Neighbors Algorithm
k-Nearest Neighbors Algorithm
Decision Trees (SL)
Naive Bayes Classifier (SL)
Naive Bayesian Probabilistic Model in a Nutshell
Unsupervised Learning Type: Clustering
K-Means Clustering (UL)
K-Means Clustering in a Nutshell
Time-Series Analysis
Decomposing Time-Series
Monte-Carlo Simulation (Method)
Who Uses Monte-Carlo Simulation?
Monte-Carlo Simulation in a Nutshell
Summary