An Approach for Modelling Big Data and Creation of New Values

Abstract

Many enterprise organizations own a large amount of data but suffer from methods that can't deal with it. A lot of approaches were proposed to manage big data and get the most benefits out of it. This paper proposes a complete approach for modeling big data and creates new values from it. The proposed approach contains implementation for four layers that deal directly with big data. The layers are collection layer, processing layer, analysis and new value creation layer, presentation and decision support layer. The paper also presents a detailed comprehensive comparison between different approaches for managing big data. The results show that the proposed approach has achieved many objectives that may interest enterprise organizations.

Stimulating the Post-COVID-19 Economic Recovery Scenarios to Evaluate Students' Understanding

“…Several scientific papers have been published using Mind Genomics as the calculation engine. Gabay et al (2018), Gabay and Moskowitz (2020), and Gabay and Moskowitz (2015) The data collected from these experiments are analyzed using advanced statistical techniques, such as factor analysis and cluster analysis, to identify patterns and associations between the stimuli and participants' responses (Mucherino et al, 2009;Ahmed et al, 2021). This analysis helps researchers uncover the specific factors or combinations of factors that drive different responses and preferences.…”