Real-Time Data Analytics: An Algorithmic Perspective
2016 (English)In: DATA MINING AND BIG DATA, DMBD 2016, Springer, 2016, p. 311-320Conference paper, Published paper (Refereed)
Abstract [en]
Massive amount of data sets are continuously generated from a wide variety of digital services and infrastructures. Examples of those are machine/system logs, retail transaction logs, traffic tracing data and diverse social data coming from different social networks and mobile interactions. Currently, the New York stock exchange produces 1 TB data per day, Google processes 700 PB of data per month and Facebook hosts 10 billion photos taking 1 PB of storage just to mention some cases. Turning these streaming data flow into actionable real-time insights is not a trivial task. The usage of data in real-time can change different aspects of the business logic of any corporation including real time decision making, resource optimization, and so on. In this paper, we present an analysis of different aspects related to real-time data analytics from an algorithmic perspective. Thus, one of the goals of this paper is to identify some new problems in this domain and to gain new insights in order to share the outcomes of our efforts and these challenges with the research community working on real-time data analytics algorithms.
Place, publisher, year, edition, pages
Springer, 2016. p. 311-320
Series
Lecture Notes in Computer Science, ISSN 0302-9743 ; 9714
Keywords [en]
Big data, Real-time data analytics, Machine learning algorithms, Large-scale stream data processing
National Category
Computer and Information Sciences
Research subject
Computer and Information Sciences Computer Science, Media Technology
Identifiers
URN: urn:nbn:se:lnu:diva-58206DOI: 10.1007/978-3-319-40973-3_31ISI: 000386323800031Scopus ID: 2-s2.0-85007454156ISBN: 978-3-319-40973-3 (print)ISBN: 978-3-319-40972-6 (print)OAI: oai:DiVA.org:lnu-58206DiVA, id: diva2:1047732
Conference
1st International Conference on Data Mining and Big Data (DMBD), JUN 25-30, 2016, Bali, INDONESIA
2016-11-182016-11-182025-02-18Bibliographically approved