Big Data refers to the huge volume of both structured and unstructured data that is being generated around the world and holds humongous information. It is predicted that the total data store might rise to 40 zettabytes by the year 2020.So important is this data that participants in the 2012 World Economic Forum in Davos, Switzerland, declared it a new class of economic asset. Big Data Analytics refers to the technique of computing this data to uncover patterns and new perspectives that can help businesses take decisions that will have a huge impact in the future .Organizations now need an analytic platform with higher capacity infrastructure at lower costs. Continue reading “Big Data Infographics Images”
Tag: Business Analytics
E-Commerce Analytics – The Digital Enablement Strategy
In days to come, e-commerce is gradually engulfing traditional commerce. We witness more and more traditional commerce being engulfed or moving towards digital enablement. This brings in a new set of desired skills for practitioners and job seekers. So is this really a jump into the frying pan? Continue reading “E-Commerce Analytics – The Digital Enablement Strategy”
What is Business Analytics and why the hype
Business analytics refers to the skills, technologies, applications and practices for the exploration and investigation of existing data assets to gain insight and drive business planning. It focuses on developing new insights and understanding of business performance based on data, predictive analytical models, data mining models, intelligent tools and statistical methods. Business Analytics is used for strategic, operational and tactical decision making across industry verticals such as banking, financial services, telecom, manufacturing and retail. Continue reading “What is Business Analytics and why the hype”
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