Big Data in the 21ST by Lol Lol https://padlet.com/jerryisworkin/Jaredbigdata Big data en-us 2017-03-21 02:47:29 UTC 2026-02-06 15:55:11 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Diskette.png What is BIG data jerryisworkin https://padlet.com/jerryisworkin/Jaredbigdata/wish/161371943 extremely large data sets that may be analysed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.]]> 2017-03-21 03:03:07 UTC https://padlet.com/jerryisworkin/Jaredbigdata/wish/161371943 Further Explanation jerryisworkin https://padlet.com/jerryisworkin/Jaredbigdata/wish/161373020 2017-03-21 03:14:52 UTC https://padlet.com/jerryisworkin/Jaredbigdata/wish/161373020 A more simple way jerryisworkin https://padlet.com/jerryisworkin/Jaredbigdata/wish/161373412 2017-03-21 03:18:52 UTC https://padlet.com/jerryisworkin/Jaredbigdata/wish/161373412 Picture of Big data jerryisworkin https://padlet.com/jerryisworkin/Jaredbigdata/wish/161980751 2017-03-22 22:00:29 UTC https://padlet.com/jerryisworkin/Jaredbigdata/wish/161980751 How is Big Data Collected jerryisworkin https://padlet.com/jerryisworkin/Jaredbigdata/wish/161982194 Big data is collected by many ways, including social media, websites, apps.]]> 2017-03-22 22:10:47 UTC https://padlet.com/jerryisworkin/Jaredbigdata/wish/161982194 How is Big Data used jerryisworkin https://padlet.com/jerryisworkin/Jaredbigdata/wish/162283417  Many companies and industries use this data. We have seen companies supplement their existing, internal data sources by accessing external datasets, such as querying a proprietary database it has purchased. These companies are utilizing external consumer data for the primary purpose of helping to improve their respective business operations. For example, the retail industry is increasingly employing data mining techniques to analyze the buying behavior of its customers and using such predictive analytics to drive strategic business decisions. In the banking industry, commercial banks have used big data to make data-driven decisions on everything from credit lines and consumer loans to managing collections and detecting fraud. ]]> 2017-03-23 22:12:24 UTC https://padlet.com/jerryisworkin/Jaredbigdata/wish/162283417 What are the rules around data collection and usage jerryisworkin https://padlet.com/jerryisworkin/Jaredbigdata/wish/162284601  The primary applicable U.S. law is the Fair Credit Reporting Act (FCRA)4 and, according to The New York Times article “U.S. Agency Seeks Tougher Consumer Privacy Rules,”5 there may be stricter consumer privacy rules in the future. Another relevant insurance law is the Health Insurance Portability and Accountability Act (HIPAA).6 In addition to FCRA and HIPAA, other state privacy laws and local rules may apply. ]]> 2017-03-23 22:24:15 UTC https://padlet.com/jerryisworkin/Jaredbigdata/wish/162284601