Monday 20 July 2015

Is Big Data Analytics Challenges only for Larger Business?

Big data burst upon the scene in the first decade of the 21st century. Perhaps, firms like Google, eBay, LinkedIn, and Facebook were built around big data from the beginning. And recently the Era of Big Data has elevated. The volume of enterprise data and its rate is growing exponentially. Big Data offers a front-line prospect that allow businesses end to end solutions across all industries to improve everything from their marketing and customer service to their manufacturing and product development.

The technical jargon reveals that big data is about opportunity to learn from your company’s data in order to make keen business decisions. And while it is of no wonder that large companies are taking benefits of the opportunity that big data provides, also certain entrepreneurs may not know that small businesses have the same opportunity like the larger.


Big Data

A Simple depiction that the Big Data is fit for every Business — large and small — to improve the Quality of the Product, to boost the marketing operations, cut the loss with increase the profit. This is also a path to gain information to better support their company and serve their customers.

It’s Not the Size Matters
Focus on the Business value concern first before the size of the business.
  • Do you need Finding the goal of your Business
  • Do you need influencing over Blog, Social Media to find the Customer Difficulty?
  • Need to strengthen your Fraud analysis approach
  • Struggling in analysis many data’s?
Then any businesses are at the step to use Big Data!
Predictive Analytics for Faster and Better Business
Hopkins says – With big data, analysts have not only more data to work with, but also the processing power to handle large numbers of records with many attributes.
Aim on Right Information, with Right question about the Key points of the business for obtaining better data to visuals. Right Now, big data is a good way to give your company an edge but in the next ten years, it could become a de-facto part of doing business.
So unlock your Business Problems by finding the Right Data to make your Business Move faster and better so that you can see the garden instead of plants.

Big Data – Growth Summary

  • By 2016, 25 % of Large Global Companies Will Have Adopted Big Data Analytics for Atleast One Security or Fraud Detection Use Case
  • 90% of fortune 500 Companies predicted to have some big data initiatives underway. 

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