Big Data Analytics: A Literature Review Perspective

Abstract

Big data is currently a buzzword in both academia and industry, with the term being used todescribe a broad domain of concepts, ranging from extracting data from outside sources, storingand managing it, to processing such data with analytical techniques and tools.This thesis work thus aims to provide a review of current big data analytics concepts in an attemptto highlight big data analytics’ importance to decision making.Due to the rapid increase in interest in big data and its importance to academia, industry, andsociety, solutions to handling data and extracting knowledge from datasets need to be developedand provided with some urgency to allow decision makers to gain valuable insights from the variedand rapidly changing data they now have access to. Many companies are using big data analyticsto analyse the massive quantities of data they have, with the results influencing their decisionmaking. Many studies have shown the benefits of using big data in various sectors, and in thisthesis work, various big data analytical techniques and tools are discussed to allow analysis of theapplication of big data analytics in several different domains.

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