Nowadays Businesses are struggling with abnormally growing volumes,
speed and variety of information that used to generate everyday,
everyday the complexity of information generation is also rapidly
growing - the term to be known for as 'Bigdata'. Many companies are
seeking for the technology to not only help them to bigdata storage and
process but also finding many more business insights from bigdata and
growing up the business strategies with bigdata.
Arround 80% information in world is unstructured, and many businesses
are not even attempting to use that information for their advantage or
not aware how to use that information. Imagine if you and your business
keep afford that all data generated by you business and keep tracking
and analyzing it, Imagine if know to way the handle that bigdata?
The data explosion presents great challenge to businesses, today most
lack the technology and knowledge about bigdata and how to deal with it
and get real business values. Many Companies are focusing on the
developing skills and insights of business needs to accelerate the path
of transforming larger data sets.
What bigdata can do? Businesses are growing up with bigdata to finding
more business insights and row that caries values for business with
latest bigdata processing technologies like Hadoop fromework.
Its now possible to track each individual user through cell phones,
wireless sensors with measurement of his interest in particular thing,
where does he lives, works, plays and what is his day to day program and
collect the data, analyse this huge data using bigdata processing
technologies and find out the business ways with each individual user to
help or make his life simpler.
Bigdata in Social Networking, day to day millions of facebook comments,
updates, twitter tweets are generating and many more so using bigdata
processing to find out current market trends, what people are talking
about, their likes, dislikes accordingly plan our business.
Bigdata in Healthcare, every hospital or healthcare organization
maintaining their historical records with patients records which may
kind of bigdata so technology can analyse that past records and predict
in future which patients, on what date, with the cause and what are the
possible treatments for similar cause.
Bigdata in BFSI, In BFSI domain fault tolerance is the one of the most
important pillar so, there are millions of daily banking transactions
are there we want to find out the fake transactions, bigdata helps us
even for product recommendations, transaction analysis bigdata plays a
major role.
Bigdata in ECommerce, somewhere and somehow on online shopping sites
you might seen dialogs like 'you bought this you may like this', this is
kind of recommendations calculated by bigdata processing technologies.
The information that we have today, about 90% of information is generated
in just last 2 years, I believe after 2020
there will about 70% businesses in world would wont be having any other option. Products would be delivered to the customer if he just
think buying about it, Cab will arrive when people think of going out
and discounts would be already there on Shirt we might think to buy.
