Transparent Forecasting Strategies in Database Management Systems
| Autor: | Ulrike Fischer, Wolfgang Lehner |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2013 |
| Předmět: |
Database
business.industry Computer science data warehouse systems data analysis statistical algorithm data mining techniques forecasting techniques Big data computer.software_genre Missing data Data-Warehouse-Systeme Datenanalyse statistische Algorithmen Data-Mining-Techniken Prognosetechniken Data science Database design Data warehouse Data modeling Data retrieval ddc:004 business computer Intelligent database Data administration |
| Zdroj: | Business Intelligence ISBN: 9783319054605 eBISS |
| Popis: | Whereas traditional data warehouse systems assume that data is complete or has been carefully preprocessed, increasingly more data is imprecise, incomplete, and inconsistent. This is especially true in the context of big data, where massive amount of data arrives continuously in real-time from vast data sources. Nevertheless, modern data analysis involves sophisticated statistical algorithm that go well beyond traditional BI and, additionally, is increasingly performed by non-expert users. Both trends require transparent data mining techniques that efficiently handle missing data and present a complete view of the database to the user. Time series forecasting estimates future, not yet available, data of a time series and represents one way of dealing with missing data. Moreover, it enables queries that retrieve a view of the database at any point in time — past, present, and future. This article presents an overview of forecasting techniques in database management systems. After discussing possible application areas for time series forecasting, we give a short mathematical background of the main forecasting concepts. We then outline various general strategies of integrating time series forecasting inside a database and discuss some individual techniques from the database community. We conclude this article by introducing a novel forecasting-enabled database management architecture that natively and transparently integrates forecast models. |
| Databáze: | OpenAIRE |
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