What opportunities are created by the integration of data ma

What opportunities are created by the integration of data management and analytics technologies under the same conceptual architecture?

The answer needs to be 150 words with one sited source

Solution

The integration of data management and analytics technologies under the same conceptual architecture points to Big Data.

Big Data does not mean the size of data is big. It means how the large volume of data is integrated with analytic technology and handled. Following are the opportunities created by this:

1. Education Domain: By analyzing big data, one can identify at: risk students, make sure students are making adequate progress, and can implement a better system for evaluation.

2. Government Domain: By analyzing big data, government can prevent the crime, maintain traffic and address issues related to security and privacy.

3. Health Domain:  By analyzing big data, health care department can smoothly manage the patient records, prescriptions and other important details.

4. Banking Domain: By analyzing big data, banks manage the big data and controls fraud and minimize the risks.

5. Business Domain: More and more manufacturers are working in an analytics-based culture to boost up their quality and output using big data. In retail also, big data provides the retailers the opportunity to handle the market of customers.