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Big Data – Business Perspectives 
Presentation at TEPEE 
Shouvik Dutta 
September 2014
Agenda 
 Why do we need Big Data? 
 Why do we care? 
 What has changed? 
 What is Big Data? 
 What is “BIG”? 
 Four Pillars of Big Data 
 Case Studies 
 Challenges 
 Beyond “BIG” data 
 Questions 
 Appendix 
 Tools and Techniques 
 Definitions 
 Bibliography 
2
BIG Data 
The Need for Big Data 
3
Why do we need Big Data 
The focus of companies 
have not changed: 
Informed Decisions 
Increase Profit 
Reduction of Cost 
4
BIG Data 
Why do we care? 
5
Focus of the business is constant 
Big data is a popular term used to describe the mining of exponential 
growth and availability of data, both structured and unstructured 
More data may lead to more accurate analyses 
More accurate analyses may lead to more confident decision 
making 
Better decisions can mean greater operational efficiencies, cost 
reductions and reduced risk 
DECISIONS 
6
Why should we care? 
Paradigm Shift 
Changing nature of Data Management 
Adjustment of Current Tools and Technologies 
Usage of new Tools and Techniques 
Explosion of new technology and the associated 
data 
Changing nature of the market 
Evolving interaction of society and technology 
7
To view the full 
presentation 
please BIG Data 
send email to 
shouvikd@hotmail.com 
8

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BIG DATA Challenges

  • 1. Big Data – Business Perspectives Presentation at TEPEE Shouvik Dutta September 2014
  • 2. Agenda  Why do we need Big Data?  Why do we care?  What has changed?  What is Big Data?  What is “BIG”?  Four Pillars of Big Data  Case Studies  Challenges  Beyond “BIG” data  Questions  Appendix  Tools and Techniques  Definitions  Bibliography 2
  • 3. BIG Data The Need for Big Data 3
  • 4. Why do we need Big Data The focus of companies have not changed: Informed Decisions Increase Profit Reduction of Cost 4
  • 5. BIG Data Why do we care? 5
  • 6. Focus of the business is constant Big data is a popular term used to describe the mining of exponential growth and availability of data, both structured and unstructured More data may lead to more accurate analyses More accurate analyses may lead to more confident decision making Better decisions can mean greater operational efficiencies, cost reductions and reduced risk DECISIONS 6
  • 7. Why should we care? Paradigm Shift Changing nature of Data Management Adjustment of Current Tools and Technologies Usage of new Tools and Techniques Explosion of new technology and the associated data Changing nature of the market Evolving interaction of society and technology 7
  • 8. To view the full presentation please BIG Data send email to shouvikd@hotmail.com 8