Why big data is essential for an enterprise?

In computer terminology, big data is referred as group of data sets which are extremely large and cannot be easily searched, captured, analyzed and visualized by available tools and techniques. In international markets, big data emerged during identifying business trends from so called data sets.
but is it useful>>
Asked Aug 29, 2014
Edited Aug 29, 2014
My name is Renee
rcr12 Sep 05, 2014
Global smartphone subscriptions have reached 2.6 billion as of 2014 (as referenced in the Ericsson Mobility Report for 2015). The report further notes that smartphone subscriptions are set to breach the 6 billion mark by 2020 at their current projected CAGR of 15%.

From a market cap of $27.36 billion in 2014 (Wikibon research), the market cap for big data analytics solutions is projected to reach $125 billion globally (IDC Predictions 2015). IoT analytics have a five-year Compound Annual Growth Rate (CAGR) of 30%.

Additionally, driven by approximately 15 billion devices, the 2015 spending in the Internet of Things (IoT) market is projected to exceed $1.7 trillion, a 14% rise from 2014. By 2020, these numbers are further expected to touch the $3 trillion mark as devices more than double in numbers to 30 billion.

Clavax Technologies is a provider of big data analytics solutions that strives to enable businesses to merge multiple datasets from their independently functioning silos into a unified view.

Answered Dec 04, 2015
One of the most important trends in Analytics and Big Data will be the advancement in the collection of big data in developing countries with the practice of the fundamentals of analytics – meaning basic data gathering by learners of data science and using analytic fundamentals to help their societies.

In many developed countries most of the people are already thinking of how artificial intelligence will be a part of our daily lives, which is demanding of evolved engineering, machine and deep learning and big data.

The concept of big data has been around for years; most organizations now understand that if they capture all the data that streams into their businesses, they can apply analytics and get significant value from it. Get more about the value of big data for any organization at http://flytxt.com/big-data-platform/
Answered Feb 29, 2016
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Answered Feb 29, 2016
In order to process that data smoothly, companies use Hadoop Software. Hadoop provides a structure that manages not only storage for big data applications but also data processing that is running in clustered hardware systems. Companies use this software because of its unique features like Low Cost, Storage Capacity is very high, High Processing Power, Large Scalability, etc

KVCH Academy provides the best Online Big Data Hadoop Training. After every class, the candidates will be provided with a database and after the completion of each module, they will get the opportunity of working on Live projects. KVCH Academy maintains a professional environment throughout the program.

For further info, kindly visit: http://kvchacademy.com/big-data-hadoop-online-certification-training
Answered Sep 24, 2018
In today’s world, there is an explosion of data from social media and other sources. Enterprises carefully harvest this data and store it for meaningful reuse. Handling such vast quantities of data requires specialised tools and techniques. Big Data is here to stay as an important part of our lives.
According to the source 2.5 exabytes of data are created every day by various online apps. It becomes quite difficult to manage and play around with such a large amount of data.
Big Data, as the name itself suggests, refers to the huge amounts of data that are difficult to capture, manage or process, even with the help of various software tools. Big Data requires the use of various techniques and technologies such as predictive user behaviour or other advanced data analytics to obtain useful insights from them, which can be leveraged further. Big Data is a term for data sets that are so large or complex that traditional data processing applications are inadequate. It needs to be acquired, organised and analysed computationally to identify certain patterns or trends that further facilitate the processing, updating or management of such huge amounts of data.
Answered Nov 26, 2018
There is a stereotyped opinion that big data concerns big companies only. However, big data is not bound to the number of employees or terms of revenue.

Smaller companies can and should also take advantage of the Big Data tools and techniques used by larger organizations. Big Data is not just for big enterprises!

The Big Data analytics is the best way to gain success in any business field or industry, improve development or customer service, predict the next step of the client or find fraud. More details right here: https://computools.com/big-data-challenges-and-solutions/
Answered Feb 22, 2019
As technology grows huge and huge amount of data are needed to be stored and manage effectively. Big data is solution to handle large number of data effectively. Corporate organization needs Big-data to manage their tremendous amount of data without any hassle. It makes data storage and retrieval simple and effective. For big data management services, contact Chetu. To know more, visit: https://www.chetu.com/hadoop-developer.php
Answered Mar 29, 2019
Big data analytics helps organizations harness their data and use it to identify new opportunities. That, in turn, leads to smarter business moves, more efficient operations, higher profits and happier customers. Learn big data from here, https://www.analytixlabs.co.in, or search online for more institutes.
Answered May 29, 2021

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