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Big Data Challeges

In: Business and Management

Submitted By albinafg
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Running head: THE BIG DATA CHALLENGES

The Big Data Challenge
Albina Galieva
CIS500 - Information System for Decision Making
Dr. Jonnie Drake, PhD
July 25, 2013

The Big Data Challenges
Introduction
Living in a world where economies, political freedom, social welfare and cultural growth increasingly depend on our technological capabilities, big data management and, most importantly, the knowledge that can be obtained from it, has enormous potential to benefit individual organizations. While in production teams it is increasingly asked to “do more with less”, in relation to data we are asked to “do more with more” (Big Data, 2013).
Judge how Volvo Car Corporation integrated the cloud infrastructure into its networks.
The Volvo Car Corporation is one of the auto business' generally distinguished marks, with a long and glad history of planet heading improvements. At Volvo, travelers and drivers come in the first place, and the organization takes human-focused plan genuinely, continually striving to advance a percentage of the most secure autos out and about (Volvo cars , 2009). The organization offers give or take 400,000 autos every year over the world. The Volvo Company separated from Ford in 2010. They broke free from an IT infrastructure that they use to have. Before it contained of a tangle of dissimilar systems and licenses. They needed a new stand-alone IT infrastructure that could provide better boost communication capabilities, Commercial Intelligence and enrich partnerships (Volvo drives into the clouds, 2010).
Cloud computing is an everyday articulation used to depict an assortment of diverse sorts of registering thoughts that include countless that are associated through a constant correspondence system. Cloud computing permits organizations to maintain a strategic distance from upfront framework costs, and concentrate on ventures that separate their organizations as a substitute for base it is additionally permits undertakings to get their provisions up and running quicker, with enhanced sensibility and less upkeep, and empowers IT to all the more quickly conform assets to meet fluctuating and unusual business interest (Converting data into business value at Volvo (2011).
Explain how Volvo Car Corporation transforms data into knowledge.
Volvo has the ability to change information into learning by joining that information together. Volvo is prewired about potential issues, for example mechanical issues that may have appeared later in the field. Thus, quite at a young hour in an auto's lifecycle, Volvo has the capacity to spot examples of defect that may show a potential blemish in a specific part soon after a client is laid open to the issue. By applying a set of overall sharpened lean methods, Volvo is instantly ready to intention the issue by modifying its assembling procedure or about-facing to its suppliers to solicit changes, and they can do so much sooner than it gets out into, maybe, 500,000 units. Three things are expert in this: it’s a significantly less costly thing to do; few, if any, clients are swayed, and Volvo's mark remains intact(Integrate for insight, 2010). At Volvo, those colossal volumes of information streamed into a concentrated dissection core, the Volvo Data Warehouse, close by information from client relationship frameworks, dealership frameworks, and item advancement and plan frameworks. Also Volvo's capability to draw understanding from this multi-terabyte asset is making clear business advantage. Volvo converts this data into knowledge by taking all of these data streams into Volvo’s Data Warehouse. Then they are merging and examining them to income all types of valuable information. This data gives Volvo big insights over the use of analytic speed or rapid, almost real-time analysis to help them with providing better service and move ahead of their opponents. The software used gives Volvo the capability to make data driven results. Volvo continues effort on safety. Their vehicles are safest and their ability to review safety and system data composed from their vehicles. The reason why Volvo develops the most effective conservation plan for their vehicles is they know when definite components need to be patterned or changed (Converting data into business value at Volvo , 2011) .
Identify the real-time information systems implemented and evaluate the impact of these implementations. Real-time information systems can be used to influence the operations of a business. The system can be used to reduce inventory, accounts receivable, and provide for a more efficient physical logistic system. Real-rime information systems users may gain a marketing advantage vis-à-vis competitions which rely on batch processing system. Such competitive advantages come from insuring a complete stock of goods, increased speed of product delivery, and the ability to respond more quickly to customer and salesman information requests (Real-time information systems, 2010).
Volvo conveyed Microsoft Server Production Portfolio incorporating Microsoft SharePoint Server 2010, Microsoft SQL Server 2012 Business Intelligence (to support them with Business Performance Management), and Microsoft Office 2010. The organization additionally used Microsoft SQL Server 2012 Reporting Services (counting Power View) and Microsoft SQL Server 2012 Analytical Services to perform the business dissection and handle the reporting. The impact of streamlining their IT structural designing permitted Volvo to make less troublesome their IT surroundings which reduced expenditures by not needing to stay aware of various seats and licenses for numerous frameworks. It additionally enhance proficiency by permitting workers to finalize a framework they were now commonplace. All while empowering Volvo to have better business discernment and wealthier joint effort in light of the fact that their representatives could speak with each other and allotment colossal volumes of information crosswise over extensive separations quicker and simpler (Integrate for insight, 2010).
Argue how the Big Data strategy gives Volvo Car Corporation a competitive advantage. Big data— qualified information gathered from nontraditional sources, for example writes, social media, message, sensors, photos, film footage, and so on., and along these lines ordinarily unstructured and voluminous—holds the guarantee of giving endeavors deeper understanding into their clients, accomplices, and business. Organizations pick up an improved comprehension of clients, and can tweak offers to focus on their diversions (Integrate for insight, 2010).
The constant systematic capacities give Volvo an agreeable point of interest over its rivals. Information is force and having the sum of that power accessible and at your fingertips permits Volvo to utilize a Big Data Strategy to furnish better administration to their clients. They can precisely envision the requirements of their clients. Enormous Data additionally gives Volvo an imaginative preference over its rivals by setting close continuous graphical reports and investigative discoveries all through the communitarian methodology of outline to designing to assembling. It is clear that from origination to conveyance, fast prototyping has an entire have of profits inferred straightforwardly from Big Data.
The autos countless sensors and CPUs installed all through the auto (from the brakes to the focal bolting framework) stream information to Volvo's Data Warehouse as well as for utilization inside the vehicle itself. This likewise gives an aggressive playing point to Volvo (Volvo cars, 2009).

Conclusion By building their informative content framework construction modeling combined with fog innovation, Volvo is in a position to have a reasonable aggressive playing point and also a framework that permits their representatives practically continuous information to settle on educated choices with. They have had the ability to bridle Big Data and separate Knowledge that adds quality to their organization and items no matter how you look at it. By empowering their workers with better Business Intelligence, conveyance and wealthier joint efforts, they have permitted them to make incredible strides in item improvement and client administration. (Integrate for insight, 2010).

References:
Big Data: theoretical and practical challenges (2013), Retrievable from http://bigdata2013.sciencesconf.org/
Converting data into business value at Volvo (2011, January 11), Retrievable from https://blackboard.strayer.edu/bbcswebdav/institution/CIS/500/1124/Week3-1124/CIS500CaseStudy1-Volvo.pdf
Integrate for insight (2010), Retrievable from http://www.oracle.com/us/technologies/big-data/big-data-strategy-guide-1536569.pdf
Real-time information systems: a comparative economic analysis (2010), Retrievable from http://www.jstor.org/discover/10.2307/2628722?uid=2129&uid=2&uid=70&uid=4&sid=21102183541073
Volvo drives into the clouds (2010), Retrievable from http://www.businesscloud9.com/topic/applications/volvo-drives-clouds/3668
Volvo car corporations (2009), Retrievable from http://www.microsoft.com/casestudies/Case_Study_Detail.aspx?CaseStudyID=710000000271
Volvo cars (2009), Retrievable from http://www.microsoft.com/casestudies/Case_Study_Detail.aspx?casestudyid=4000008490

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