BIG DATA USE CASES AND TECHNOLOGIES

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Massive datasets and its corresponding maintenance are two major aspects in order to deal with big data analytics process. Insurance company always maintains a large dataset for both the top management of the company and for customers. Velocity, variety, veracity and volume are four major parameters in order to maintain a large dataset. Big data analytic has power to deal with all these parameters. Allianz SE is considered as one of the biggest insurance companies in Germany, who tries to incorporate big data use cases and technologies over their existing settings. This report focuses on big data use cases used by the insurance industry. Critical analysis for a particular bg data technology will also be taken under consideration. AWS Lambda technology will be the focus of the report for associating with big data technology. Big data architecture solution will also be provided along with recommendations for the company.

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