MGMT 345 1st Edition Lecture 13Outline of Last Lecture: I. Access Lab #2Outline of Current Lecture: I. SWOTII. SourcesIII. Continuous Planning CycleIV. KPIsV. Types of Big DataVI. Networked DocumentsCurrent Lecture- SWOT: strength, weakness, opportunities, &threats- Saved $20 million on employee’s salaries (analytical)o Cut loss of employees by ½ o Using Big Data to do that- Big Data Sets are large, diverse, complex, longitudinal & distributed Cover long periods of time- Videos online: 1 million hours of new videos being uploaded on the web- Sources: Instruments Email Sensors Video Transitions Click ScreensAll Other Digital*have IPs (were running out)Everything has IPs nowIOT: “Internet of Things”- Continuous Planning CyclePlan AssessDo AdjustThese notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute.- There’s a danger in putting in databases: access to all the informationo Ex: Target information breach- Data Model: created on in Access- Moshe ZLoof: IBM research, created a visual query o Mid 1970a- Michael Dell- no chairs in conference rooms; quicker meetingso Founder of Dell- 3 sales KPIso Sales growth, sales opportunities, product performance- OLTP & OLAP work together- 3 types of Data in Big Datao Structuredo Semi-structured XBRLo Unstructured- blogging, YouTube, Pinterest, tweets, etc. Text, video- Facebook wants to map out the web by the like button- Clustered Documents- Netflix recommendations- Networked Documents- graph databaseso Will show: 6 degrees of separation theory- we are separated by 6 degrees- Expert Systems- if then situations until you get to the problem - Digital dashboard is changing in real
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