Sponsored by:
 
 

Big Data Explained: What Is Variety?

There's plenty of talk about big data's three V's: volume, velocity, and variety. But what exactly do these terms mean?

We're going to take a quick trip through one of these today: Variety.

This exciting concept within big data gives you the opportunity to gain insight by combining a variety of data sets that would not traditionally sit together. By enabling you to link up your traditional analytical data sets with many different types of information, a new world of analytical possibilities is opened.

So what's so exciting about this?

Well, it allows you to collate data sets that don't obviously relate to each other. Data experts can then analyse this collated data, to spot patterns or create new insights you would previously have been blind to. Variety, when tackled well in big data, allows you to see new revelations in the data your organization already produces.

An example: Judith is a brand manager, she loves her job and is very good at it, but knows she would benefit from being able to listen even more closely to the voice of her customer.

Taking traditional financial information, Judith can already see the performance of her brand. It doesn't take a data scientist to see which week did well, and which week did badly. But it won't tell her why.

Harnessing variety in data, Judith's data team can create relations between this data and what's being said on social media about her brand, as well as in text-input fields on customer satisfaction surveys. These disparate sets of data can be brought together, contextualized, and visualized in a way that gives Judith clues as to what her brand has done to influence customer behavior.

Suddenly, Judith now has the vision to generate hypotheses on ways to amplify positive results and mitigate negative trends.

Most importantly, she can take action.

4%
96%
Part of a 9 part series
11/7/2012 | 22 comments
Page 1 / 3   >   >>
Susan Fourtané
50%
50%
Susan Fourtané , User Rank: Blogger
1/26/2013 | 7:08:54 AM


Re: Great varied cocktail
kiran,

Yes. And the best decisions come from analyzing a variety of data resources. 

-Susan

Susan Fourtané
50%
50%
Susan Fourtané , User Rank: Blogger
1/26/2013 | 7:05:05 AM


Re: Variety leads to better prediction
Kiran, 

Exactly. Especially in this time when everything is about integration. 

-Susan

kiran
50%
50%
kiran, User Rank: Megabyte Messenger
1/26/2013 | 4:09:21 AM


Re: Variety leads to better prediction
good point. The companies that are using big data should be able to use all its advantages by giving value to the volume and variety. The data should be well integrated and the organization should use data from different data sets and adapt to the changes and adopt new technologies and analysis practices for better predictions and improvements .

kiran
50%
50%
kiran, User Rank: Megabyte Messenger
1/26/2013 | 3:56:37 AM


Re: Great varied cocktail
i agree. the concept is really creative and simple. the integration of different sets of data is helpful for analysis and can help the data scientists and business analysis in looking into all sectors at the same time to make the best deicision. 

technetronic
50%
50%
technetronic, User Rank: Exabyte Executive
12/26/2012 | 12:55:19 AM


Re: Awesome
Data aggregation is really important, as @sabbate alluded to.  It's important to understand how different data types and sources compare with each other, and understanding that a signal from Twitter is very different than a signal from Facebook.

Normalization - doing the above comparison - is different than standardization, which is just getting it into the right format to begin with.

Susan Fourtané
50%
50%
Susan Fourtané , User Rank: Blogger
12/20/2012 | 2:47:48 AM


Re: Variety leads to better prediction
technetronic, 

"Adoption may be a problem, though."

Well, if adoption is a problem for a company, how far that company thinks it's going to go? The first question the company needs to ask is: why we are adopting this? If they can't come up with any good reason, which I doubt, at least the answer should point at "staying in business". 

Companies that are not able to cope with changes, and adopt new technologies and tools will die sooner or later.

-Susan 

Susan Fourtané
50%
50%
Susan Fourtané , User Rank: Blogger
12/19/2012 | 5:04:48 PM


Re: Great varied cocktail
Lovely. Thanks, Saul. 

I'll be looking forward to seeing more creativity in 2013. :) 

-Susan 

Saul Sherry
50%
50%
Saul Sherry, User Rank: Blogger
12/19/2012 | 4:57:38 PM


Re: Great varied cocktail
Thanks Susan! Yes we will return to explore more of big data in 2013, we need to finish up the 3 Vs, then we can drill into the more advanced concepts.

Susan Fourtané
50%
50%
Susan Fourtané , User Rank: Blogger
12/19/2012 | 4:51:44 PM


Great varied cocktail
How nice and creative! Entertaining, informative, educative, all at the same time. It equals variety. It's a great varied cocktail. Will there be more of these? 

-Susan

sabbate
50%
50%
sabbate, User Rank: Bit Player
11/30/2012 | 5:37:08 AM


Re: Awesome
Variety is a key characteristics of Big Data but it can complicate things. Variety means be flooded with a large amount of data coming from sources which can be extremely different one from each other (e.g. Twitter or blogs). The key to the management is developing filtering algorithms with a sort of intellingence, in order to gather only the valuable data that give information on how to steer and improve the business.

Stefano.

Page 1 / 3   >   >>
Latest Blogs
Companies are best positioned for big data insight if they first make sure their networks are robust for day to day use.
Can those reservoirs of emails prove useful to your business? Can the President's prove useful to the USA?
Can big data finally offer the transparency to pull doctors out of Big Pharma's pocket?
WalmartLabs show just how smart and forward-thinking the retail giant are with their big data.
Our panel of expert judges pull their 20 top names from the #bigdata100.
Flash Poll
Data Visualization Showcase
This Tableau visualization of international debt demonstrates how simple visualizations can give great insight
Explore this data here.
More Data Visualization Showcase
BDR in your Inbox
Featured Video
9
Big Data Explained: What Is ETL?
OK, so it's Extract, Transform and Load - but we'll show you what it really means.
Watch This Video
Follow Us on Twitter
Like Us on Facebook
Accolades
Accolades
 


Saul Sherry
Big Data Explained: What Is Variety?

Part of 9   |  
See complete series
11|7|12   |   2:10   |   (22) comments


There's plenty of talk about big data's three V's: volume, velocity, and variety. But what exactly do these terms mean?

We're going to take a quick trip through one of these today: Variety.

This exciting concept within big data gives you the opportunity to gain insight by combining a variety of data sets that would not traditionally sit together. By enabling you to link up your traditional analytical data sets with many different types of information, a new world of analytical possibilities is opened.

So what's so exciting about this?

Well, it allows you to collate data sets that don't obviously relate to each other. Data experts can then analyse this collated data, to spot patterns or create new insights you would previously have been blind to. Variety, when tackled well in big data, allows you to see new revelations in the data your organization already produces.

An example: Judith is a brand manager, she loves her job and is very good at it, but knows she would benefit from being able to listen even more closely to the voice of her customer.

Taking traditional financial information, Judith can already see the performance of her brand. It doesn't take a data scientist to see which week did well, and which week did badly. But it won't tell her why.

Harnessing variety in data, Judith's data team can create relations between this data and what's being said on social media about her brand, as well as in text-input fields on customer satisfaction surveys. These disparate sets of data can be brought together, contextualized, and visualized in a way that gives Judith clues as to what her brand has done to influence customer behavior.

Suddenly, Judith now has the vision to generate hypotheses on ways to amplify positive results and mitigate negative trends.

Most importantly, she can take action.

Saul Sherry
Big Data Explained: What Is Volume?

Part of 9   |  
See complete series
11|28|12   |   1:44   |   (23) comments


Today we're going to take a look at the V that makes big data big: Volume.

It's no secret we're inundated with data these days, from mobile devices, machines, social media, transactions, satellites… pretty much everything is throwing data out. And technology has reached a point that allows us to capture and keep everything, too.

Why would we bother?

Because controlling such a vast quantity of data can reveal information and patterns about the people and objects that we otherwise can't see.

An example:

John runs a tradeshow and wants to make it a really unique and repeatable experience for all his attendees.

Tim is an attendee at the show, and has been for five years. John's company has been tracking his every data point with the show for that whole time – from his online activity before the show, checking in to his hotel, scanning his ticket as he enters the show, the stands and sessions he has attended in previous years, even down to what he has had for his lunch.

Keeping hold of all of this data on Tim means John can present him with a really personalized experience – with a dedicated map and timetable guiding Tim to the content he has a history of making a beeline for, and even getting him a voucher for his favorite vegetarian lunch!

That's a lot of data, but what makes this really big data is that John's company has been collecting this information from every one of the attendees at every one of its shows – allowing it to offer this personalized and highly valued experience to everyone.

With good management of the volume of data, big data allows organizations to grow and experiment based on previous encounters.

Saul Sherry
Big Data Explained: What Is Velocity?

Part of 9   |  
See complete series
1|18|13   |   1:53   |   (13) comments


Today we're going to take a look at the V that allows big data to be immediate and reactive: Velocity.

As well as having to master the sheer volume and variety of information within big data, organizations also have to be able to contend with the speed at which all of this data is generated. Real benefit can be gained by pouncing on this data in real-time -- affecting outcomes while they are still forming.

What kind of benefit?

Well, as we've already established, data can take many different forms. How working on this stream of real-time big data will benefit you will depend on your industry. For this example I'll focus on the financial services sector.

Andy is in charge of online security for a big bank, trying to make sure his customers' money is safe. When he can detect fraud after the event, it's fairly useless, but if he can spot it as it happens, it can be priceless. If a malicious computerized attack is started on Andy's bank, it will be generating thousands of events every second -- but Andy has put the right system in place to detect these events by comparing them to the way actual, normal customers behave. And it happens in real time, so alarms are going off to let him know.

As Frank Bria told us in his Big Data Republic article, Big Data Tackles Fraud:

Many fraudsters will access online banking and go directly to the transfer section of a Website without first checking balances and transactions. That clickstream is foreign and unfamiliar to the complex event processing engine and thus gets flagged.
In this way the bank can stamp down on the illegal activity as it happens, rather than chasing up after the event.

Saul Sherry
Big Data Explained: What Is MapReduce?

Part of 9   |  
See complete series
2|26|13   |   1:16   |   (7) comments


I want to tackle Hadoop, but before we get there, we're going to need to explore MapReduce. MapReduce is a programming model for processing large datasets, and the clue to its function is in its name.

When you want to pull certain information from your datasets, it "maps" out the relevant information for your query.

Then it "reduces" the information down, sorts it based on any rules you've applied, and gives you just the data you were after.

An example:

Virginia is a medical researcher looking to carry out research on diabetes patients. For the purposes of her study, she wants to see any geographical concentrations of diabetes patients who are male, between the ages of 40 and 50, and who smoke.

The map in the MapReduce model finds the data sets which fit Virginia's needs.

Then begins the reduce function -- aggregating geographical data of these records and providing an ordered list of cities with the highest population of the defined type. This simple process has allowed Virginia to identify areas of concentration for further study.

MapReduce itself is pretty straightforward, but once we start ramping up the amount and types of data used we will need Hadoop's help -- which is where things get a bit more complex.

Saul Sherry
Big Data Explained: What Is Hadoop?

Part of 9   |  
See complete series
3|5|13   |   1:13   |   (9) comments


Hadoop is the open-source software framework that quickly became almost synonymous with big data. But what does it actually do?

Whereas traditional data queries were run on one server, Hadoop enables you to run data queries across a large number of machines. By spreading the computational load across many servers, Hadoop enables you to deal with big data in a timely fashion.

An example:

Tobias runs an online DVD store -- and he wants to increase sales by recommending products to customers as they check out. But he doesn't just want to recommend bestsellers, he wants a smart system that recommends based on the buyer's demographics and taste.

That's where Hadoop helps out. For each customer, Hadoop enables Tobias to spot patterns across all of his customers' data, based on age, sex, genre preference, actor preference, period of production, and many other defining elements. He can access this information quickly, because different elements of the search can be carried out individually and simultaneously, instead of having to take place on a single machine.

Using MapReduce (as discussed in a previous video), these queries are then returned in a way that can guide the customer and increase Tobias's revenue.

Saul Sherry
Big Data Explained: What Is Pig?

Part of 9   |  
See complete series
3|21|13   |   1:16   |   (8) comments


Pig basically simplifies the processes needed to get analytics done through Hadoop on your big data sets.

Like the animal, Pig is not a fussy eater, getting its name from its ability to crunch through data, no matter what form it takes. It acts as a scripting interface to Hadoop, meaning a lack of MapReduce programming experience won't hold you back.

Example: Harvey works in a government office, looking to formulate new solutions for his city's parking problems. He knows how to use data, but writing his own mapper and reduce functions is a little beyond him.

Luckily, he's been set up with access to the databases through Pig, meaning he can draw on sources like parking ticket records and population density maps. Taking advantage of Pig's eat-anything attitude, he can also mine topics from a call for email suggestions his department sent to local residents, as well as sensor information about the amount of traffic on the roads. In spite of his limited programming capabilities, Pig allows Harvey to query these data sets and sketch out some draft suggestions he can use to alleviate the local parking problems.

Saul Sherry
Big Data Explained: What Is HDFS?

Part of 9   |  
See complete series
4|4|13   |   1:05   |   (13) comments


Big data is awash with acronyms at the moment, none more widely used than HDFS. Let's cut to the chase... it stands for Hadoop Distributed File System.

This is the system of distributing files that allows Hadoop to work on huge data sets at speed. It spreads blocks of data across different servers, as well as duplicating those blocks of data, and storing them distinctly.

Let's see why with an example.

Sarianne works in the financial markets, and runs a lot of predictive models to make sure her investments are minimum risk.

Utilising HDFS, her queries through Hadoop can run quickly because the data blocks are stored separately -- meaning all the computation can happen in one go, rather than queuing up behind each other.

As an added benefit, if one server fails (as one is bound to, given the amount of servers and disk drives needed to run big data projects) it won't stop Sarianne's models from pulling the data they need, because HDFS duplicated those blocks -- meaning Hadoop can return Sarianne's results in double quick time.

Saul Sherry
Big Data Explained: What Is ETL?

Part of 9   |  
See complete series
5|13|13   |   1:14   |   (9) comments


ETL is central to a lot of big data work, standing for Extract, Transform, and Load. But what does that mean? Let's explain it with an example:

Lauren is a data scientist working at a university, looking to bring together different datasets to make sure students are offered courses which best suit their profiles. To do this, she needs to pull data from lots of places into a centralized data warehouse.

First, she needs to extract data from the original sources, which can include existing university databases, as well as web crawling for social media information on students.

Next, Lauren has to transform this extracted data so that it fits in a way the centralized data warehouse can use it. For this, she can use a series of rules or functions to get the data into shape -- for instance, changing DOBs to reflect age, deriving aggregated values, deduplicating records, or joining data from multiple sources, depending on what the final data warehouse needs.

Finally, Lauren can load this data into the data warehouse, giving her a way to gain new insight on students by mining for patterns in this collected data.