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Preface
So why Big Data and Business Analytics? Is it that the White House Oce
of Science and Technology Policy held a conference on March 29, 2012,
citing that $200 million is being awarded for research and development
on big data and associated analytics? Is it that, according to KMWorld, big
data revenue will grow from $5 billion in 2011 to $50 billion in 2017? Or
is it just that we are entrenched in the three Vs: volume of data, variety of
data, and the velocity of data?
With the barrage of data from such domains as cybersecurity, emergency
management, healthcare, nance, transportation, and other domains, it
becomes vitally important f ...