Big Data Analytics
Your company’s management wants to have competitive advantage by deriving value from Big Data and Machine Learning algorithms of Neural Networks. Identify an area in the business organization which could benefit from these emerging technologies. Prepare a report that analyzes how you could acquire Big Data, perform Big Data analytics using Machine Learning algorithms of Neural Networks for the chosen area. Your report should include the following topics:
- What is Big Data?
- How is Big Data acquired?
- What tools can be used to analyze Big Data?
- What value can Big Data analytics bring to your business organization?
- What is Machine Learning what are Neural Networks?
- Why Machine Learning algorithms of Neural Networks would be an appropriate Artificial Intelligence technique to perform Big Data analytics?
- Develop an appropriate neural network model which could identify useful patterns in the business data by going through the following stages:
- Step 1: Explain what data needs to be collected
- Step 2: Identify relevant input and output variables needed for your neural network model to analyze the data
- Step 3: Explain how data is to be separated into training and test sets
- Step 4: Describe how data is to be transformed into neural network inputs
- Step 5: Develop an appropriate neural network architecture
- Step 6: Describe network parameters to be initialized
- Step 7: Explain how the neural network will learn
- Explain the benefits and limitations of using a neural network for this purpose.
Report Structure
The report must have the following structure:
- Title Page: Include on your title page; a suitable business title for the report, your name, student number, name of your lecturer, and date submitted.
- Executive Summary: Briefly describe to the reader the purpose of the report. Provide a brief summary of your major findings and recommendations. This section should be no more than ½ page in length.
- Table of Contents.
- Introduction: Identify the purpose of the report, a background on the current situation for the company and what you will be discussing within the body of the report. Ensure that the introduction also includes general company information.
- Discussion: This discussion is the main body of the report. This is where you will present the discussion regarding Big Data acquisition and analytics for your organisation. You will need to consider sub-headings in this section.
- Recommendations: The recommendations section should highlight the key recommendations from the previous discussion.
- Conclusion: The conclusion should summarise briefly what the report has been about.
- References: Credible reference sources must be used to support your argument. Only sources used to reference in-text material should be listed in the reference list.
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