ECON 201 Study Guide - Midterm Guide: Network Effect, Pivot Table, Web 2.0

• School: University of Maryland
• Department: Economics
• Course: ECON 201
• Professor: Naveen Sarna

Document Summary

Study online at quizlet. com/_25qlv j: 3 components of netflix"s competitive advantage: 1. Brand: cinematch, scale, advantages of hadoop: flexibility: hadoop can absorb any type of data, structured or not, from any type of source (geeks would say such a system is schema-less). But this disparate data can still be aggregated and analyzed. Scalability: hadoop systems can start on a single pc, but thousands of machines can eventually be combined to work together for storage and analysis. Cost effectiveness: since the system is open source and can be started with low-end hardware, the technology is cheap by data- warehousing standards. Many vendors also offer hadoop as a cloud service, allowing firms to avoid hardware costs altogether. Hadoop is designed in such a way so that there will be no single point of failure. =and(b5>=sales,c5>=asset_value,d5>=credit_score: apple economy: many softwares and hardwares are made to complement ipods and devices from apple.