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How JPMorgan uses Hadoop to leverage Big Data Analytics?

ProjectPro

Large commercial banks like JPMorgan have millions of customers but can now operate effectively-thanks to big data analytics leveraged on increasing number of unstructured and structured data sets using the open source framework - Hadoop. JP Morgan has massive amounts of data on what its customers spend and earn.

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5 Big Data Use Cases- How Companies Use Big Data

ProjectPro

Companies like Electronic Arts, Riot Games are using big data for keeping a track of game play which helps predict performance of the play by analysing 4TB of operational logs and 500GB of structured data. Sports brands like ESPN have also got on to the big data bandwagon.

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What are the Pre-requisites to learn Hadoop?

ProjectPro

Learning Hadoop will ensure that you can build a secure career in Big Data. Big Data is not going to go away. There will always be a place for RDBMS, ETL, EDW and BI for structured data. But at the pace and nature at which big data is growing, technologies like Hadoop will be very necessary to tackle this data.

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Hadoop Use Cases

ProjectPro

One of the primary use cases for Hadoop, was in risk modelling, to solve the question for banks to evaluate customers and markets better than legacy systems. These days we notice that many banks compile separate data warehouses into a single repository backed by Hadoop for quick and easy analysis.

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Sqoop vs. Flume Battle of the Hadoop ETL tools

ProjectPro

Hadoop Sqoop and Hadoop Flume are the two tools in Hadoop which is used to gather data from different sources and load them into HDFS. Sqoop in Hadoop is mostly used to extract structured data from databases like Teradata, Oracle, etc., The complexity of the big data system increases with each data source.

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100+ Big Data Interview Questions and Answers 2023

ProjectPro

Big data enables businesses to get valuable insights into their products or services. Almost every company employs data models and big data technologies to improve its techniques and marketing campaigns. Most leading companies use big data analytical tools to enhance business decisions and increase revenues.

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Data Science for Finance: Benefits, Applications, Examples

Knowledge Hut

It uses complex machine learning algorithms to build meaningful and structured data. Data Science can be described as a domain that applies advanced analytics, statistics and scientific principle for extracting valuable information and deriving valuable conclusions from structured or unstructured data.

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