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Big data is a collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications.” In simpler terms, Big Data is a term given to large volumes of data that organizations store and process. However, It is becoming very difficult for companies to store, retrieve and process the ever-increasing data.
Analytics is the discovery and communication of meaningful patterns in data. Especially valuable in areas rich with recorded information, analytics relies on the simultaneous application of statistics, computer programming and operations research to quantify performance.
Capacity planning is the process of determining the production capacity needed by an organization to meet changing demands for its products.  In the context of capacity planning, design capacity is the maximum amount of work that an organization is capable of completing in a given period. Effective capacity is the maximum amount of work that an organization is capable of completing in a given period due to constraints such as quality problems, delays, material handling, etc. The phrase is also used in business computing as a synonym for capacity management.

 

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