Dear Readers !!
In the era of Information and Technology, the biggest asset of a business would be the data. The data can be Customer information, employee information, income and expenditure of an organization etc. The size of data is directly proportional to the size of the business, this even applicable in the growth of the organization. Data in an unprocessed form is of no use for a business. The data stored in an organization has to be processed to get a clear idea about the business. Managing such large volume of is really a tedious process for an organization. Although the size of data gets increased, certain action cannot be performed upon the data.
The following action cannot be done on a business data.
1. Data cannot be deleted due to lack in memory space.
2. Data cannot be left unprocessed
3. Growth of data cannot be prevented
4. Cannot restrict a customer, during the data input.
5. Dividing and Transforming of data is not advisable.
In general organizations do not perform anyone of the above action by investing a huge amount. This in turn will increase the expenditure of a business. Although above actions are not performed, the following are the major challenges an organization face, as the data grow.
1. Cost of Processing the data will increase
2. Unable to process certain format of data
3. Unable to process large volume of data
These are the 3 major challenges an organization will face with the data which cannot be done as said in the above 5 points.
Although organization process the data using certain available tools, Big Data Analytics would the best solution for the above stated problems which organizations face. By applying and implementing Big Data tools in an organization, an organization can process large volume of data, can process different format of data (Semi structured data) , the cost of processing can be minimized, and an organization can avoid the above stated action upon the data.
Although organization process the data using certain available tools, Big Data Analytics would the best solution for the above stated problems which organizations face. By applying and implementing Big Data tools in an organization, an organization can process large volume of data, can process different format of data (Semi structured data) , the cost of processing can be minimized, and an organization can avoid the above stated action upon the data.
Using Big Data tool, Organization can process the ever growing data in an efficient manner which would help the business to move ahead to great leaps and bounds.
BIG DATA, BIG BUSINESS!!
Have a nice day !!
Regards
Er.Praveen Kumar Rajendran
Member, International Association of Engineers
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