Quiziz BNI DE Day 9

What is the key focus of streaming data?

• Variety

• Velocity

• Volume

• Veracity

• In which industry might streaming data be used to monitor infrastructure metrics and trigger immediate alerts for anomalies?

• Healthcare

• E-commerce

• Financial Services

• Data Centers

How do financial institutions utilize streaming data for fraud detection?

• Analyzing historical data

• Quarterly reporting

• Real-time transaction analysis

• Annual audits

Which use case involves processing sensor data from devices like smart appliances, wearables, or industrial machinery?

• Real-time Analytics

• Monitoring and Alerting

• IoT Applications

• Fraud Detection

What is a best practice for handling the volume of streaming data in real-time analytics applications?

• Use distributed storage solutions

• Implement quarterly data compression

• Avoid schema evolution

• Rely on batch processing

• What are real-life examples of data collection practices in different industries?

• Daily sales data in retail

• End-of-day reconciliation in financial institutions

• Analysis of production data in manufacturing

• Scheduling batch processing jobs in e-commerce

What are best practices for processing data in batch systems?

• • Utilize parallel processing techniques

•  Implement data validation mechanisms

• Use outdated processing algorithms

• • Design flexible output formats

• What are real-life examples of industries benefiting from resource efficiency through overnight batch processing?

• Manufacturing companies

• Finance industry (banks)

• Logistics companies

• Marketing teams

What are best practices for easier error handling in batch processing?

• Utilize parallel processing techniques

• Implement comprehensive error handling mechanisms

• Optimize batch job execution speed

• Regularly review and refine error handling procedures

In which real-life scenarios might batch processing introduce latency?

• • Financial industry for end-of-day calculations

• Social media platforms for analyzing user behavior

• E-commerce platforms during major shopping events

• Emergency services for monitoring critical infrastructure