Mining Big Data and Streams

Abstract

Mining big data is getting a lot of attention currently because the businesses need more complex information in order to increase their revenue and gain competitive advantage. Therefore, mining the huge amount of data as well as mining real-time data needs to be done by new data mining techniques/approaches. This chapter will discuss big data volume, variety and velocity, data mining techniques and open source tools for handling very large datasets. Moreover, the chapter will focus on two industrial areas telecommunications and healthcare and lessons learned from them.