Question

How would an organization choose between reporting systems, data mining systems, and Big Data systems?

Answer 1

Differences among reporting systems, data mining systems and big data systems.

REPORTING SYSTEMS VS. DATA MINING SYSTEMS.

·        Differences

1.      Reporting systems present data with a historical and contextual view while data mining systems find answers or identify relevant /pertinent information in large sets of data.

2.      Unlike reporting systems, data mining allows the slicing and dicing of data at will.

3.      Unlike the data mining systems, reporting systems allow the addition of insights and valuable expert comments

4.      Data mining systems allow for extremely complete analyses while reporting systems do not provide very exhaustive analysis.

5.      Costs-data mining systems are more expensive than reporting systems.

·        Similarities

1.      They both handle large datasets.

REPORTING SYSTEMS VS. BIG DATA SYSTEMS

·        Differences

1.      Reporting systems present data in a historical and contextual view whilst big data systems store, process and visualize data

2.      Big data systems allow for extremely complete analyses while reporting systems do not provide very exhaustive analyses.

3.      Costs-Big data systems are more expensive compared to reporting systems.

·        Similarities

1.      They both handle large sets of data.

2.      Both do not allow slicing and dicing.

3.      Both allow the addition of insights.

DATA MINING SYSTEMS VS. BIG DATA SYSTEMS

·        Differences

1.      Big data systems simply refer simply refers to large data sets that outgrow simple databases and data handling techniques while data mining systems entail the process of going through large sets of data in order to identify relevant and pertinent information.

2.      Unlike data mining, big data systems do not allow slicing and dicing.

3.      Unlike data mining systems, big data systems allow the addition of insights.

·        Similarities

1.      Both are expensive to establish

2.      Both allow for extremely complete analyses.

3.      Both involve the use of large data sets to handle the collection or reporting of data.

4.      Setting them up is very expensive.

Benefits of each

·        Reporting systems

1.      They are simple to use

2.      They track your data back over time.

3.      Reports are easy to share

·        Data mining /big data systems

1.      They allow for extremely complete analyses

2.      They allow for the testing of an infinite amount of hypotheses and correlations

To choose between these systems, an organization will look for the following;

·        Their efficiency in handling data.

·        Functionality and benefits as per needs

·        The costs.

KINDLY RATE THE ANSWER AS THUMBS UP. THANKS A LOT.