From forecasting market trends to uncovering hidden data patterns, big data analytics is pushing businesses and institutions to rethink their analytical models.
Big data analytics has become a strategic lever to extract value from data and intelligently guide decision-making.
Shortly, we will explore what “big data analytics” entails, the technologies involved, ethical challenges, regulations, and key projects shaping this sector. Keep reading.
Table of contents
What is big data analytics and why is it strategic?
Big data analytics is the advanced process of collecting, managing, and analyzing massive volumes of structured and unstructured data to generate valuable insights for strategic decisions. Unlike traditional business intelligence, big data analytics handles datasets characterized by volume, velocity, variety, veracity, and value—the so-called 5Vs of big data.
The main types of analytics include:
- Descriptive analytics: explains what happened;
- Diagnostic analytics: investigates the causes of events;
- Predictive analytics: estimates what might happen in the future;
- Prescriptive analytics: suggests actions to take;
- Automated analytics: allows systems to act autonomously.
This approach is essential for improving decision-making processes, optimizing resources, and anticipating market trends.
Big data analytics: a decade of technological evolution
Over the past decade, big data analytics evolution has been driven by technological innovations, such as:
- the Apache Hadoop framework, making distributed processing accessible;
- Apache Spark, introducing in-memory processing and real-time streaming;
- the rise of data lakes, flexible and scalable repositories;
- artificial intelligence (AI) and machine learning algorithms;
- adoption of cloud computing, democratizing unprecedented computational power;
- emergence of edge analytics solutions, processing data directly at the source.
Governance, privacy, and digital sovereignty: new challenges
From 2019 onward, the focus has shifted to:
- data governance;
- privacy;
- digital sovereignty.
In Europe, initiatives like GAIA-X, GDPR, and the Data Act have outlined a path toward ethical and transparent big data use.
The new paradigm requires organizations to:
- ensure data quality and reliability;
- respect personal data protection;
- foster interoperability between different systems and platforms.
European projects and opportunities in big data analytics
The European Union (EU) is investing in big data analytics through programs like Horizon Europe. Here are some notable projects:
- SoBigData: European platform for ethical social mining;
- EVEREST: environment for exascale analysis on heterogeneous platforms;
- Extreme Data Mining: innovative technologies to uncover hidden patterns from distributed datasets;
- Advanced real-time data analysis: predictive systems for critical infrastructure;
- Exscalate4CoV: analytics and simulations to accelerate drug discovery.
These projects share common goals such as enhancing European competitiveness, promoting open science, and data reuse, thus supporting the development of high social impact solutions. Thanks to its established expertise, PMF Research offers itself as a technical partner for similar initiatives (check out the projects we’ve already joined!).
Why partner with PMF Research?
- develop innovative research and project ideas;
- co-apply to Horizon Europe and similar funding programs;
- implement advanced analytical solutions in real-world contexts.
Contact us for your next European project
Want to propose a cutting-edge European project? PMF Research is the partner you’re looking for. Leverage our experience with Horizon Europe programs and contact us today for a free consultation. Fill out the contact form below or call us at +390957225331.
Together, we can turn data into value and lead innovation in Europe.
