Algorithm: A mathematical formula or statistical process used to perform an analysis of data. How is ‘Algorithm’ related to Big Data? Even though algorithm is a generic term, Big Data analytics made the term contemporary and more popular.
Analytics: You are doing ‘analytics’. You are drawing insights from your raw data which can help you make decisions regarding spending for the upcoming year. What if you did the same exercise on tweets or facebook posts by an entire city’s population? Now we are talking Big Data analytics.