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COIT 20253 Business Intelligence using Big Data

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Assignment 1: The ability of Business Intelligence (BI) technologies to provide historical, current, and predictive views of business operations based on the collection, extraction, and analysis of business data to improve decision has been the basis of several studies. More recently, “Big Data” and “Big Data Analytics” have further stirred the interest of researchers and practitioners alike. You have been requested to prepare a report for a particular industry such as Healthcare Industry; Agriculture Industry; Higher Education; Insurance Industry; Banking, Marketing...

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Question Preview:

Assignment 1: The ability of Business Intelligence (BI) technologies to provide historical, current, and predictive views of business operations based on the collection, extraction, and analysis of business data to improve decision has been the basis of several studies. More recently, “Big Data” and “Big Data Analytics” have further stirred the interest of researchers and practitioners alike. You have been requested to prepare a report for a particular industry such as Healthcare Industry; Agriculture Industry; Higher Education; Insurance Industry; Banking, Marketing, Travel, Technology, Government, to name few.

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Executive summary

Big data and business intelligence is hot topic for any industry which is having the huge volume of data and unstructured data.  Big data allows storing huge volume of data and processing this huge data in the fastest possible way to come with the result or the analytics of the data. So after processing of huge and variety of data whatever result is coming that comes in the form of the business analytics or business intelligence. This report is about the introduction of big data and business intelligence in the field of the healthcare industry because healthcare industry is growing very fast in the all the developed nation and developing nation as well. So it is the time to properly store the patient data and show the prediction related with patient upcoming health status. This report is intended to provide the detailed study of how the Big data is going is change this complete industry with the effective data storage and fast processing time for the business intelligence as well as the prediction of the patients history. This report it also going to discuss how analytics over the collected data is going to predict the future needs in the healthcare industry and predict the growth of data and growth of patients as well so that industry personal can be ready for the challenge in the industry. This report is also going to discuss what all king of application for data collection and data processing are required to make sure that whatever data is collected are processed correctly and output are in favor of business and all involved stakeholder. Big data and analytics also make sure that technology is helping others to get the better future and better business in terms of revenue and service quality. As we know that quality of service is utmost importance of any organization so that sustainable business strategy 

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