Lecture Notes · Lecture 1

Lecture 1 Notes — Course Introduction & Big Data Characteristics

Learning outcomes: LO1 (big-data characteristics), LO2 (opportunities and challenges) Companion files: slides L01

1. Course Orientation (15 min)

2. What is Big Data? (20 min)

3. Business & Technical Opportunities and Challenges (30 min) — maps to LO2

Opportunities: - Personalization (recommendation engines), fraud detection, predictive maintenance, customer sentiment tracking, operational efficiency, new business models built entirely on data (e.g. ride-sharing, streaming platforms)

Challenges: - Technical: storage/compute scaling, data integration across formats, latency requirements, data quality, security/privacy, skills gap - Business: cost of infrastructure, data governance, regulatory compliance (GDPR-type concerns), organizational resistance to data-driven decision-making, ethical use of data (bias, surveillance)

Case discussion (10–15 min): Pick one real example (e.g., Netflix recommendations, a bank's fraud detection system) and walk through which V's apply and which opportunities/challenges show up.

4. Where This Course Fits (10 min)

Suggested close: short formative quiz (5 questions) on the V's and opportunity/challenge classification, or a 2-minute reflection write-up.

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