article thumbnail

Hadoop Use Cases

ProjectPro

Hadoop clusters are used by banks to create more accurate risk analysis models for the customers in its portfolio. Currently banks as well as government financial institutions use HDFS and MapReduce to commence anti money laundering practices, asset valuation and portfolio analysis. The solution to this problem is straightforward.

Hadoop 40
article thumbnail

20 Solved End-to-End Big Data Projects with Source Code

ProjectPro

Ace your big data interview by adding some unique and exciting Big Data projects to your portfolio. A big data project is a data analysis project that uses machine learning algorithms and different data analytics techniques on a large dataset for several purposes, including predictive modeling and other advanced analytics applications.

article thumbnail

100+ Big Data Interview Questions and Answers 2023

ProjectPro

Finally, NoSQL databases are frequently used in real-time analytics applications, such as streaming data from IoT sensors. Banks uses a cluster to develop risk models for customer portfolios. However, keeping track of patient records is the primary application of Hadoop in healthcare.