Big Data Vs Data Mining: Which One You Should Choose?

Big Data Vs Data Mining: Which One You Should Choose?
Data
Mining: Data mining is the process of determining anomalies, patterns
and correlations within massive data sets to predict outcomes. Utilizing a
broad range of techniques, you can use this knowledge to increase revenues,
reduce costs, improve customer relationships, reduce risks etc .
Data mining is a base of analytics that helps you to increase the models which can reveal connections within millions or billions of records. However, it represents several methods or techniques used in various analytic capabilities that address a gamut of organizational needs and use varying levels of human input or rules to arrive at a decision.
Big
Data: Big data represents the huge volume of data – both structured
and unstructured – that overwhelms a business. But it’s not the amount of data
that’s necessary. It’s what companies do with the data that signifies. Big data
can be analyzed for insights that manage to stabler decisions and important
business moves.
Big
data – and the way organizations operate and derive insight from it – is
changing the way the world uses business knowledge. Big data is high-volume,
velocity, and variety information assets that require cost-effective,
innovative forms of data processing for improved insight and decision making.
Feature
Data
Mining
Focus:
Data mining is mainly focused on lots of details of a data
View
It is a close-up view of data
Data
It expresses what about the data
Volume
It can be used for small data or big data
Definition
It is a method for analyzing the data
Data
Types Structured data, relational and also dimensional
database.
Analysis
Data mining is essentially Statistical Analysis, focus on prediction and
discovery of business factors on a small scale.
Results
Mainly for strategic decision making
Big
Data
Focus: Big data is mainly focused on lots of
relationships between data
View
It is the Big Picture of the data
Data
It expresses Why of the data.
Volume
It refers to a large number of data sets.
Definition
Big data is a concept than a particular term
Data
Types Structured, Semi-Structured and Unstructured data
(in NoSQL)
Analysis
Essentially data analysis, concentrate on prediction and discovery of business
factors on a large scale.
Results
Both dashboards and also predictive measures
Final Thoughts
In
the final analysis, the big data only relates to a huge amount of data and
entire big data solutions which its depend on the availability of data. It will
identify as a mixture of Business Intelligence and also Data Mining. Data
mining uses different kinds of tools and software on Big data to return
specific results. In order to, the big data is one of the asset and data mining
is the handler of that is used to produce profitable results.