Remove Banking Remove Hadoop Remove Portfolio
article thumbnail

Hadoop Explained: How does Hadoop work and how to use it?

ProjectPro

And so spawned from this research paper, the big data legend - Hadoop and its capabilities for processing enormous amount of data. Same is the story, of the elephant in the big data room- “Hadoop” Surprised? Yes, Doug Cutting named Hadoop framework after his son’s tiny toy elephant. Why use Hadoop?

Hadoop 45
article thumbnail

Sqoop vs. Flume Battle of the Hadoop ETL tools

ProjectPro

Apache Hadoop is synonymous with big data for its cost-effectiveness and its attribute of scalability for processing petabytes of data. Data analysis using hadoop is just half the battle won. Getting data into the Hadoop cluster plays a critical role in any big data deployment. then you are on the right page.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Become a Big Data Developer-A Step-by-Step Guide

ProjectPro

Apache Hadoop Development and Implementation Big Data Developers often work extensively with Apache Hadoop , a widely used distributed data storage and processing framework. They develop and implement Hadoop-based solutions to manage and analyze massive datasets efficiently.

article thumbnail

15 Projects on Machine Learning Applications in Finance

ProjectPro

The banking and finance industry generates enormous amounts of data related to transactions, billing, and payments from customers, which can provide accurate insights and predictions to be fed to machine learning models. Brokerage and banking firms heavily rely on the stock market to generate revenue and facilitate risk management.

Finance 75
article thumbnail

Hadoop in Financial Sector

ProjectPro

Hadoop is present in all the vertical industries today for leveraging big data analytics so that organizations can gain competitive advantage. With petabytes of data produced from transactions amassed on regular basis, several banking and financial institutions have already shifted to Hadoop. petabytes per firm (3.8

Hadoop 52
article thumbnail

Data News — Week 23.10

Christophe Blefari

In last minute I also added stuff about the Silicon Valley Bank that has been seized by the US FDIC, which will generate a crisis in scale-ups/startups world. First Mark is a NYC VC, in their portfolio they have Dataiku, ClickHouse and Astronomer among other tech or B2C companies. Which led to a bank run.

Banking 130
article thumbnail

HBase vs Cassandra-The Battle of the Best NoSQL Databases

ProjectPro

Apache Hbase was developed after the architecture of Google's NoSQL database - Bigtable - to run on HDFS in Hadoop systems. Big firms like JP Morgan Chase, Bank of America, American Express are users of Apache Hbase. It involves some effort in creating an initial setup in the absence of Hadoop/HDFS.

NoSQL 40