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Harness the power of BigData to transform business analysis, make smarter decisions, and gain a competitive edge. Photo by Lukas Blazek on Unsplash Integrating BigData into business analysis is a game changer in todays fast-paced business world. What is BigData?
Bigdata is changing the direction of our economy in unprecedented ways. Every business should look for ways to monetize bigdata and use it to optimize your business model. The number of companies using bigdata is growing at an accelerated rate. However, companies need to use bigdata wisely.
The telecommunications industry could benefit from bigdata more than almost any other business. However, it has been slow to invest in machine learning and other bigdata tools, until recently. A 2017 analysis by MapR showed that telecommunications industries can benefit from bigdata more than almost any other company.
The number of companies utilizing data analytics has skyrocketed in recent years. In 2017, 53% of companies reported using data analytics as part of their strategy. Data analytics is one of the most useful tools your business can utilize in order to quantify real-world information about its performance and efficiency.
“You can have data without information, but you cannot have information without data.” – Daniel Keys Moran. When you think of bigdata, you usually think of applications related to banking, healthcare analytics , or manufacturing. Download our free summary outlining the best bigdata examples! Discover 10.
However, the methods they had at their disposal initially couldn’t keep up with their growing user base and the ever-evolving world of bigdata. The solution was to build a new tool to keep errors out of user reports and deliver insights that every customer could trust. Better testing, better customerexperience.
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