From Big Data to Smart Data

List of Figures and Tables

LIST OF FIGURES

1.1. In 1980, 20 GB of storing space weighed 1.5 tons and cost $1M; today 32 GB weighs 20 g and costs less than €20

1.2. Research by the IDC on the evolution of digital data between 2010 and 2020

1.3. (Normalized) transaction data model

1.4. “Star” data model (decision, denormalized)

1.5. Visual News study from 2012 gives an idea of the volume and format of data created every minute online

1.6. UN global pulse study from 2012: correlation in Indonesia between tweets about the price of rice and the sale price of rice

1.7. Hadoop process & MapReduce

2.1. From Big Data to Smart Data, a closed loop

3.1. The three types of latency

4.1. Resolving the problem of the seasonality of demand

4.2. Implemented solution to manage the seasonality of demand in the transaction process and in the context of “anonymous” customers

LIST OF TABLE S

4.3. Bid price curve

4.4. The principle of constrained optimization, Tetris

4.5. Diagram of a conceptual architecture of an integrated yield/revenue management system

4.6. Closed value loop between decision-making data and operational data

4.7. “Connected and aligned” solutions for managing operational performance

4.8. The operations control center

4.9. An example of indicators and follow-up in “real time” from call centers posted on a Smartphone

4.10. Hour-by-hour summary of revenue follow-up for a restaurant

4.1. If 50 seats are still available, with a bid price of 600€, all the offers with expected revenues < ...