Big Data means being able to access huge amounts of data that people and businesses have accumulated and gathered. The system has become a very useful one in simplifying processes in organizations.
The PC or personal computer debuted on the business scenario around 1984-1985. With indelible effect, personal computers sparked ideas that connect a single computer to another in networks. Networks made it possible to send business information from one business to another. This was a powerful technological breakthrough as the first successful phone call. It opened the door to a business model that people use daily.
What is Big Data?
Simply put, large data analysis is a big group of data blocks that computers analyze to reveal trends, associations and patterns. Often, large data simulates human interactions go provide users the most useful output that’s possibly derived from analyses. This data is called such since it’s quite more complex compared to the early use data.
A Big Data Analytics Software in Marketing
Smart entrepreneurs and marketers checked out all data innovations and stat to shape ideas. What should hinder them from using new data capabilities to send sales pitches to the most interested parties? Without hesitation, smart marketers made decisions, which gave birth to data-based marketing. The days of risky mass-mailing sales pitches are gone. With the brave new scope of data analysis apps, an organization could observe hard statistics and buyers trends before taking a shot at a sale.
The World Wide Web
The World Wide Web made its entrance in 1990 and marketers encountered another concern. Even though the internet was useful for digital material colonization, the said materials appeared to float in cyberspace like unchartered islands. How will buyers find the materials without a guide of the digital frontier? In 1998, Google provided a solution. The algorithm program could now analyze cyberspace and present web materials into targeted search users. For most business organizations, this was a lifesaver. Businesses would have to beat others to the search engine consumers if they want their own content to be used.
The Conversation of the Time
The conversation defines time as people understand it. With hyper-capabilities to calculate, computers redefine the agility and speeds that people could perceive the space occupied. These days, there is more information than ever. However. The relevance of all the information extends beyond just being able to do more or to know more than people already do. The quantitative shift has led to qualitative shift. Having more data enables doing new things that were not possible before. Simply put, more is not just more, it is new, better and different.
Certainly, there still are limits on what could be obtained from or do with data. However, most of the assumptions on the cost of collecting and the hardship of data processing has to be overhauled. No area of human endeavor or industrial sector would be immune from the amazing shakeup that is about to happen as data analytics plows through politics, society and business. People shape their tools and the tools shape them.
The New World of Data
The new data world, and how organizations could handle it, bumps up against a couple of areas of public regulation and policy. First is the employment. Data analytics and associate algorithms challenge white-collar knowledge workers in the same way factory automation and the assembly line eroded blue-collar labor during the 19th and 20th centuries. However, there are benefits. Huge data would bring about great things in the society. Technology leads to creation of jobs, even if it comes after a temporary disruption period. It was certainly true in the Industrial Revolution. To make certain, it was a devastating time of dislocation but eventually lead to better livelihoods.
Hot Big Data Technologies
As the data analytics market expands rapidly to include mainstream customers, which techs are most in demand and with the most growth potential? Here are hot technologies across the whole data life cycle.
1. Predictive analytics. Hardware and/or software solutions, which enable organizations to discover, optimize, evaluate and deploy predictive models via analyzing large data sources to boost business performance or mitigate risk.
2. Search and knowledge discovery. Technologies and tools to support self-service information extraction and new insights from big repositories of structured and unstructured data, which resides in numerous sources, including databases, file systems, APIs, streams and other apps and platforms.
3. NoSQL databases. Document, key-value and graph databases.
4. In-memory data fabric. It provides low-latency access as wells processing of large data quantities through data distribution across DRAM or the dynamic random access memory, SSD of a distributed computer system or Flash.
5. Stream analytics. Software that could aggregate, filter, enrich and analyze high throughput of data form several disparate live data sources an in any format.
6. Data virtualization. A technology that delivers information from different sources of data, including sources like Hadoop and distributed data stores in near real-time and real-time.
7. Distributed file stores. A computer network wherein data is stored on more than a single node, usually in a replicated manner, for performance and redundancy.
8. Data preparation. Software that eases the burden of shaping, sourcing, cleansing and sharing different and messy sets of data to accele4rate the usefulness of data for analytics.
9. Data integration. Tools for orchestration of data across solutions, which include Apache Hive, Apache Pig, Amazon Elastic MapReduce, Apache Spark, MongoDB, MapReduce, Hadoop and Couchbase.
10. Data quality. Products that perform cleansing of data and enrichment on high-velocity, huge data sets, using parallel operations on databases and data stores.
Data analytics would change business and business would change society. Of course, the hop e is that the benefits of large data would outweigh the drawbacks. The world of huge data and analytics is still very new and as a society, people are not very good in handling all data that could be collected at present. Furthermore, the future could not be foreseen. Technology would continue to surprise people in a lot of ways. What is sure is that more will not be more, more would be different.
Dhrumit Shukla has been working as Business Development Manager in a software development company named TatvaSoft since 5 years. He is profoundly skilled and well experienced in providing software development services on various technologies ranging from Microsoft .NET to JAVA, Salesforce, BizTalk, SharePoint, PHP, Open Source, iOS, Android, Pentaho and the list goes on.
Dhrumit has the true potential to manage client from a wide range of Industries like BFSI, Supply Chain, Healthcare, Retail, Hospitality etc. Another aspect that makes him a trusted technical advisor and IT solution partner in the eyes of his clients is his effective communication skills. He keeps track on status of each Project during SDLC and provides extended support to clients to make sure Project deadline is matched and delivered within the budget.
