Turning Big Data into Big Money
Technology to Mitigate the Rising Big Data Cost
Big Data & Insights: Oil for the Digital Age
Leveraging Biomedical Big Data: A Hybrid Solution
Lambda Architecture-Ideal for Healthcare Big Data Use Cases
Shahid Shah, Co Founder and CEO, Netspective Communications
Big Data: Separating the Hype from Reality in Corporate Culture
Brett MacLaren, VP, Enterprise Analytics, Sharp HealthCare
Leveraging Big Data for Data Analytics
Derek Wilson, President & CEO, CDO Advisors LLC
Big Data, Analytics and Metrics to Make Better Decisions
Anne Legg, VP - Strategic Marketing, Credit Union Solutions, Fiserv
Thank you for Subscribing to CIO Applications Weekly Brief
Brace Yourself for Big Data Analytics!
There are various companies who still struggle with the implementation of big data analytics in their operations as they lack behind in their infrastructure. It is essential for them to understand the functioning as well as the advantages of the technology to get the results they have been looking for.
FREMONT, CA: Big data and data analytics have become the vogue words of the present-age business industry in a short time. They have made the vital operations convenient for businesses, which improves the performance as well as helps in achieving a superior degree of efficiency by the wide-ranging statistical insights.
Many organizations lack in the implementation of technologies due to their infrastructures, so here are some methods that can put big data analytics into practice:
To implement big data analytics as daily operation, the company needs to understand that the outcomes of data analytics can take a considerable time to reveal. Data Analytics is considered as a smart phenomenon, as it is a complete science that needs a little time before it starts showing its optimal benefits or outcomes.
Consider Data as a Support:
Before implementing big data analytics, it is crucial for the business owners to understand that data is a support and not the entire solution for the problems in a single flick. Data provide vital insights and detailed results indicating the potential advantages as well as the risks of a business operation. The efficiency of the analytical insights depends on the actions taken by the company keeping the outcomes in mind.
Improve the Business Information System:
Big data collects and stores information running within the mechanism of communication and interaction, within the organization that is essential for the customers and partners to know in case they are interested in business. So it is imperative for the company to upgrade and optimize the technology, especially the devices and computer systems that take part in communication and information sharing. The upgrade can make sure that no significant piece of information goes to waste without being recorded in the business information system.
Team and Training:
A group of data scientists can help in optimizing results from big data. In addition, they can ensure that the data science team comprises of professionals well-versed in data analytics tools required to carry out research and infer the conclusion. It is also critical to train the workforce on the advanced set of operating methods and educate the employees about information sharing as well as the security measures necessary to protect confidential data logs.
Check out: Top Data Analytics Companies