Xiaoyong DU, Yueguo CHEN. Approaches for value extraction on big data[J]. Big data research, 2017, 3(2): 2017015.
DOI:
Xiaoyong DU, Yueguo CHEN. Approaches for value extraction on big data[J]. Big data research, 2017, 3(2): 2017015. DOI: 10.11959/j.issn.2096-0271.2017015.
The value of big data can be presented in different means,and therefore it has different ways to extract the value out of big data.Three approaches of value extraction on big data:data service,data analytics,and data exploration were summarized.The characteristics of these approaches were analyzed and compared.In summary,data service reflects the value of data from the micro-level by supporting high-performance and high-throughput read and write operations.Data analysis focuses on the usage of statistical models to generalize data distribution at macro-level,and it extracts values by generating insights from data.Data exploration focuses on interactive models in the constant interchange of micro-level and macrolevel to guide the users browse and discover values out of the data.
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