Big Data Glossary

High performance computing and storage needs that are too complex to be handled by a standard desktop workstation, specifically in support of research. Includes cloud environments, massive-scale infrastructure and large computational power. ALGORITHMS Formal specifications used in software to process and analyze datasets. Typically made up of a series of calculation steps, an algorithm will describe how to process data with the goal of solving a specific problem. ANALYTICS The process of using statistics, algorithms and software to transform data into useful information and to draw conclusions. A type of business analytics that examines consumer or user behaviour data to understand how and why individuals behave they way they do, with the goal of making more accurate predictions about future behaviours. The term is often used to refer to the massive amounts of structured and unstructured data generated around the world that is too large, complex or varied for traditional processing software. There are numerous processes and issues related to big data, including its potential to be mined or analyzed for valuable information. Data and computing resources available and accessed on-demand over the internet instead of using the resources of a local computer or device. An analytical process where large datasets are explored or " mined " in search of meaningful patterns, relationships or insights. The process can include machine learning, statistics or artificial intelligence. The use of visual representation of data (including infographics, charts, maps) with goals that include sensemaking, effective communication of information, and improved pattern detection. The process of compiling information from different data sources in preparation for data processing or statistical analysis. 4 DATABASE A large, organized collection of data that allows easy access, management, updating and analysis of information. An initial stage of data processing that involves creating a summary of historical data with the goal of producing useful information or, answering the question, " What happened? " A mechanism that stores files on servers and allows clients, with permission, to store and process files as it they were stored on their own computer. A system of " connected " or " smart " objects, including smartphones, wearables and smart-appliances, that collect and exchange information without necessarily requiring human interaction. The IoT is a huge generator of data. A system where multiple computing devices are connected to each other and exchange information and resources through a data link. For example, the Internet. The mapping and …