Question

d) (2 Points) Name three benefits of virtualization e) (2 Points) It is said that MES and EMI should be deployed together. What do these two terms stand for? (I Point) The question "Are people who buy milk and butter are more or less likely to buy diapers?" can be answered by which of the 7 techniques of Big Data implementation? f) (1 Point) Which of the 7 techniques of Big Data implementation can be used to find "the minimum number of direct ties required to connect two individuals"? g)

Answer 1

d) Reduced spending. For companies with fewer than 1,000 employees, up to 40 percent of an IT budget is spent on hardware. Purchasing multiple servers is often a good chunk of this cost. Virtualizing requires fewer servers and extends the lifespan of existing hardware. This also means reduced energy costs.

Easier backup and disaster recovery. Disasters are swift and unexpected. In seconds, leaks, floods, power outages, cyber-attacks, theft and even snow storms can wipe out data essential to your business. Virtualization makes recovery much swifter and accurate, with less manpower and a fraction of the equipment – it’s all virtual.

Better business continuity. With an increasingly mobile workforce, having good business continuity is essential. Without it, files become inaccessible, work goes undone, processes are slowed and employees are less productive. Virtualization gives employees access to software, files and communications anywhere they are and can enable multiple people to access the same information for more continuity.

e) Equated Monthly Installment - EMI

An equated monthly installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principal each month so that over a specified number of years, the loan is paid off in full. With most common types of loans, such as real estate mortgages, the borrower makes fixed periodic payments to the lender over the course of several years with the goal of retiring the loan.

manufacturing execution system (MES)

A manufacturing execution system (MES) is an information system that connects, monitors and controls complex manufacturing systems and data flows on the factory floor. The main goal of an MES is to ensure effective execution of the manufacturing operations and improve production output.