THE BIG DATA ERA? IT’S HERE!
As the world entered into the big data era, companies started looking for advanced analytics tools and techniques in order to integrate them into their business strategies and models. Big data era is a part of both scientific and digital revolution. The rise of artificial intelligence, big data cloud, data management tools, there’s no denying that big data has now become an imperative part of every organization. There are a lot of enterprises today looking for a transformation by investing in the big data analytics application and models. With certified professionals and data scientists with adequate big data IQ, companies will be able to unlock the maximum potential of big data analytics.
Big data analytics comprise a number of cutting-edge technologies like big data cloud, open source frameworks and myriad tools and techniques to manage and handle data. But in order to handle both structured and unstructured datasets in an effective way, companies will have to enhance big data IQ in their employees. The big data era in addition to myriad opportunities presents some challenges to traditional data management and processing technologies-
- Budget allocation- As of now companies use a large portion of their budget for major business operations and leave a very small portion to support numerous commercial operations. It has become a major issue of concern for CIOs to allocate budget in the It infrastructure for a proper processing of data.
- Traditional analysis techniques- Analysis and management of advanced analytics cannot be done by conventional vertical expansions, magnetic tapes or IT servers. As data is exponentially growing every day, companies are looking for certified big data professionals to sue their big data IQ and help the organization in reaping the benefits of big data analytics. Big data era demands nothing less than ‘smart’ tools. Traditional methods including SPSS statistics is no longer an ideal too.
- Automated analysis- In the data-driven era where every company is relying on big data cloud- personal or hybrid, a number of big players are outsourcing their data processing to open source frameworks like Hadoop. Well, some companies do not consider Hadoop to carry out the analytical query citing the reasons as high development costs, maintenance, and low performance.
Everything in today’s world is smart and connected- thanks to the Internet of Things and other big data applications and techniques like big data cloud. Companies can now sense, measure and interconnect almost everything that users do which later helps them in improving customers’ engagement and experience. The other element that plays as much importance as big data solutions itself for every organization is big data IQ. To work in tandem with technological advancements, every company should make sure that its employees are well informed to reap the maximum benefits from the technology.
Big data is not an essential for corporate world anymore. It is most likely to become a primary factor in how countries prosper and compete. There’s no doubt that these techniques offer a ray of hope to the world seeking a path towards success. Through forward-looking policies and investments, entrepreneurs and corporate leaders can capitalize on this technology to get a competitive-edge in the market. Big data era is undoubtedly here offering ‘bigger’ opportunities to the world!
