How do you combine historical Big Data with machine learning for real-time analytics? An approach is outlined with different software vendors, business use cases, and best practices. Big Data has gained a lot of momentum recently. Vast amounts of operational data are collected and stored in Handoop and other platforms on which historical analysis is conducted. Business intelligence tools and distributed statistical computing are used to find new patterns in this data and gain new insights and knowledge for a variety of use cases: promotions, up- and cross-sell campaigns, improved customer experience, or fraud detection.Source: HOB
Business intelligence comprises the strategies and technologies used by enterprises for the data analysis of business information. And it provides historical, current and predictive views of business operations.Source: HOB
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