This website uses cookies to ensure you have the best experience. Learn more

Big Data Essay

1070 words - 5 pages

The evolution of IT has given rise to different products that has allowed companies to take advantage of and thrive with enduring competitive advantages. The new trend, that is a successful product of this evolution, is the application of Cloud technology infra-structure and its applications. Cloud technology these days is becoming a household jargon with more people using it either in their personal life (storing multi-media contents or streaming music etc.) or in professional environments (cloud data centers in various corporate operations). This case study takes a brief look into how Volvo took advantage of this technology to create value. Also, related issues with how data and ...view middle of the document...

d). Acquiring such amount of data has great advantages, if proper utilization is in place. Volvo uses this data to improve its customer service, product development, safety and compliances, and efficiency and cost. Data collected from the vehicles in real time is stored in the cloud based data warehouse, which makes the data available immediately for the right engineers who work on product improvement. This allows them to make all the necessary corrections before the products reach final market.
How is data converted in to Knowledge?
Amassing of huge volume of data is only half the step and quite useless if it is not utilized and changed in to meaningful information and value based knowledge. At Volvo, meaningful information is created by analyzing data, which gathered from various sources mentioned above. Data about vehicular performance is obtained from the integrated data warehouse (The Volvo Data Warehouse) and then analyzed by the different strategic business units. For example, data collected from vehicles that had accidents. The data collected here includes stats about the vehicles’ performance and response (such as break response time, air-bag deployment time etc) before and during the accident. This data is then converted in to information about how the vehicles respond to accidents. The vital information is charted to give insightful knowledge about the capabilities of the vehicles safety features and how each can be improved to make the future vehicles safer.
Real Time IS implementations
Real Time Systems in information system refers to access to data or information about various or specific situations while they are occurring or before the data or information about the situation changes. At Volvo, Real Time Information Systems (RTIS) is implemented in 2 major ways. The first is within the vehicles. As mentioned above real time data is collected within each vehicle by the use of sensors and CPUs which is the used by the vehicle (for example to assist in breaking or deploying airbags on collision) or transmitted to the data ware house for analysis. The second implementation is at corporate and operations level where data about production, engineering and other business related data is collected and streamed through the cloud to the data warehouse. This implementation requires the use of efficient DBMSs that are efficient and fluid in the transfer of data from OLTPs to OLAPs. In this regards, Volvo utilizes Microsoft Server Production Portfolio which includes...

Other assignments on Big Data

Bigdata Essay

356 words - 2 pages information has roughly doubled every 40 months since the 1980s;[15] as of 2012, every day 2.5 quintillion (2.5×1018) bytes of data were created.[16] The challenge for large enterprises is determining who should own big data initiatives that straddle the entire organization.[17] Big data is difficult to work with using most relational database management systems and desktop statistics and visualization packages, requiring instead "massively

Cisco Essay

622 words - 3 pages adapt to the return of focus on the B2B market. Cisco has continued to streamline operations to reduce costs and help protect current margins, but multiple rounds of recent layoffs mean that morale must be maintained to develop the brand internally. After spending billions over the past years acquiring big data capability, the major business services brands have begun to consolidate their offerings through thought leadership. All of the top business

Paper

403 words - 2 pages enable everyone capability to storage massive data in their systems. (3) Data mining technique for large databases allow big businesses and governments to increase power over individuals through the analysis massive amount of data of individuals. (4) Advance in telecommunication allow the organization to collect data information with reduced cost and use it for their need.

Effect Of Systems On Business

347 words - 2 pages eventually phase out the PC just as PCs phased out desktop computers. 5. Big Data – (Database, Data warehouse, and Data mining) – A lot companies have too much data that is hard for them to access. This makes it easy for large businesses to have easy access to their stored data. This also allows companies to track all internet activity within the company. As businesses continue to grow so will the need for big data storage.

Database Design

464 words - 2 pages sharing, data security, data access and better data integration. A couple examples of databases would be Oracle, Microsoft Access and Microsoft SQL Server. Oracle’s primary function is to store and retrieve data as it is requested. Database architecture not only focuses on the design, development, implementation and maintenance of computer programs that store and organize database information for any business or company big or small. Also a

Role Of It Systems In Virtual Stores Implementation

1154 words - 5 pages utilized effectively. With modern Big Data tools this latency is cut short to seconds and change the perception towards ETL. Hadoop especially is a genius at transforming ETL processing and reducing burgeoning costs. Open source Hadoop is a cutting-edge tool for harvesting big data. One of the most highly ranked, and used, platforms, Hadoop’s impact in Retail is as exciting as frontline. Hadoop has established itself as the go-to technology for

Business Intelligence

1339 words - 6 pages Business Intelligence as an indispensable tool for decision making in big companies * What is Business intelligence exactly? (Bapt ou Greg) Business intelligence, or BI for short, is a term that refers to competencies, processes, technologies, applications and practices used to support evidence-based decision making in organisations. In the widest sense it can be defined as a collection of approaches for gathering, storing, analysing

Database Systems For Business

2877 words - 12 pages Justifications Diagram 2 shows the relationships of each category which are all interlinked on a one to many basis. Big city police provides a service to each area. Within each area there are ten divisions and each sub division has 1-3 stations which are represented in the diagram with a circle illustrating “may or may not”, as the amount of stations have not been specified. Big city police also have a data

Mgt520

381 words - 2 pages to rescind the contract? What facts could you cite to support an argument that Big Bank be responsible for some of these issues and/or not in compliance with the contract? Facts that would support an argument that Big Bank is responsible for some of these issues are as follow: 1. Survey information needed from customer to identify software and equipment a. Data conversion field needed to be changed 2. Rescheduled according to

Dsc340

2104 words - 9 pages . Ch. 13. The Data Asset: Databases, Business Intelligence, Big Data, and Competitive Advantage big data: a term used to

Marketing Research

1342 words - 6 pages Observation Method in quantitative research methods for marketing was a big part of helping J.C. Penney’s determine that they needed to restructure and how they could accomplish that. Even Ron Johnson, CEO of the large retailer, said that retailing is “… hard and that’s what Steve [Jobs] said to me when we started stores at Apple (243 Peter and Donnelly).” This is where we can start to see the evolving sign of the start of Penney’s conducting

Similar Documents

Big Data Analytics Essay

7653 words - 31 pages Challenges and Opportunities with Big Data A community white paper developed by leading researchers across the United States Executive Summary The promise of data-driven decision-making is now being recognized broadly, and there is growing enthusiasm for the notion of ``Big Data.’’ While the promise of Big Data is real -- for example, it is estimated that Google alone contributed 54 billion dollars to the US economy in 2009 -- there is

The Big Data Challenge Essay

763 words - 4 pages Companies face many challenges when it comes to capturing, storing, searching, and analyzing Big Data. Big Data is a term used to describe the voluminous amount of structured and semi-structured data generated by companies. This paper will focus on The Volvo Car Corporation and how they were able to face this problem due to its voluminous amounts of data being streamed for their vehicles. I will go over how Volvo was able to integrate Cloud

Case Study 1: The Big Data Challenges

556 words - 3 pages Case Study 1: The Big Data Challenges James (JT) Clark Professor Elhag Ibrahim Information System for Decision-Making 10/31/2012 . Case Study 1: The Big Data Challenges Introduction I feel as though Volvo integrated the cloud infrastructure into its networks very well. It took the proactive approach instead of being reactive. It applied this to all aspects to their vehicles. Volvo chooses to have the cloud work for them and it

Big Data Essay

1023 words - 5 pages briefly preview each sub-heading in the document Industry | Organizations | Social Media | LinkedIn, Google+, Facebook, Twitter | Mobile Phone | Verizon Wireless, Cricket, AT&T Wireless, Metro PCS | Antivirus Software | AntiVirus Grisoft, Norton, McAfee, Microsoft, Kaspersky, Avast | eCommerce | eBay, Amazon, Craigslist, TigerDirect | Telecommunications | AT&T, Verizon, Sprint | Big Box | Walmart, Target, Costco, Sears