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Big Data Analytics in Banking Systems

Typically Banking systems are responsible to validate and verify financial transaction data, geo-location data from mobile devices, merchant data, and authorization including submission data. Data from lots of social media channels and Banking’s mainframe data center have a significant challenge to process and deliver final output. The Issue: Legacy systems are incapable of processing the data in when is in motion. Combining all different format of data is together is another challenge like structured, semi- structured and un-structured. Big data Approach:- Big data analytics...

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Why Lambda Architecture in Big Data Processing

Due to the exponential growth of digitization, the entire globe is creating minimum 2.5 Quintilian 2500000000000 Million) bytes of data every day and that we can denote as Big Data. Data generation is happening from everywhere starting from social media sites, various sensors, satellite, purchase transaction, Mobile, GPS signals and much more. With the advancement of technology, there is no sign of slowing down of data generation, instead it will grow in massive volume. All the major organizations, retailers,...

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Apache Kafka, The next Generation Distributed Messaging System

In Big Data project, the main challenge is to collect an enormous volume of data. We need distributed high throughput messaging systems to overcome it. Apache Kafka is designed to address the challenge. It was originally developed at LinkedIn Corporation and later on became a part of Apache project. A Messaging System is typically responsible for transferring data from one application to another. A message is nothing but the bunch of data/information. To ingest huge volume of data into Hadoop...

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Fog Computing

Fog computing also refer to Edge computing . Cisco Systems introduced the term "Fog Computing" and it's not the replacement of cloud computing. Ideally cloud computing points to storing and accessing data and programs over the Internet instead of local computer's hard drive or storage. The cloud is simply a metaphor for the Internet. In Fog computing, data, processing and applications are concentrated in devices at the network edge. Here devices communicate peer-to-peer so that data storage and share...

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Mobile Phone Authentication and Fraud

Day by day, we are getting addicted to the mobile phone especially smart phone since smart phone performs many of the functions of a computer, typically having a touch screen interface, Internet access. With the extensive growth of mobile applications, we can utilize various mobile applications starting from games to financial transaction including stock market brokerage. Many banks have launched their own mobile applications so that customer can download and start financial transactions like balance amount verification, money transfer...

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Basic concept of Data Lake

The left side info graphics represents the basic concept of Data Lake where we can use the approach of ELT (Extraction, loading and then transformation) against traditional ETL (Extraction, Transformation and then loading) process. ETL process implies to traditional data warehousing system where structured data format follows (row and column). By leveraging HDFS (Hadoop Distributed File System), we can develop data lake to store any format data in order to process and analysis. Directly data can be loaded in the Lake...

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Real time data analytics helps mobile service providers to achieve aggressive advantages

Usage of smart phones has become an integral part of our daily routine. Keeping aside phone calls and SMS, we are always engaged with lots of other activities Starting from entertainment to domestic shopping, social engagement etc., by installing various types of mobile applications. Of course, mobile internet is mandatory to carry out above.  Mobile service providers are facing new and difficult challenges. Due to exponential growth of customer's expectations, they need to serve accordingly with advanced mobile technology and handle...

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How Google news is able to group similar news together

Google news uses clustering machine learning techniques to group similar kind of news or articles together.  Interestingly, they don't have thousand news editors on trunk instead use the clustering techniques to forms groups of similar data based on the common characteristics. Mahout is a machine learning software from Apache community that applications leverage to analyse large sets of data.  Before invention of Mahout, it was too complex to a analyse large sets of data. Mahout extensively utilize Apache Hadoop to...

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Essentially of Data Wrangling

To roll out a new software product commercially irrespective of any domain in the market,  360-degree quality check with test data is mandatory.  We can correlate this with a visualized concept of a new vehicle.  After completion of vehicle manufacturing, fuel has to be injected to the engine to make it operational. Once the vehicle starts moving, all the quality checks, testing get started like brake performance, mileage, comfort etc with thousands of other factors which are decided/concluded during...

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Semi-Structured Data

Semi-structured data lies between structured and unstructured data. Data that get stored in the traditional database system or excel sheet can be denoted as structured data and organized in COLUMNS and ROWS. Unstructured data can be considered as any data or piece of information which can't be stored in Databases/RDBMS etc. Email, Facebook comments, news paper etc. are the examples of unstructured data. Semi-structured data do not follow strict data model structure and neither raw data nor typed data in...

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