Big Data – a Big Deal
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It is safe to say that Big Data has brought the future of data analytics to our current times. With the extent of competition between businesses, any corporate falling behind in terms of responding to customer demands is always going to lose out in the rat race. Agile, informed decisions are what companies depend upon these days to adapt themselves with the ever-changing market scenario. Sky is the limit for the amount of data that this technology can uncover and transfer. About 15 years ago, data in such large volumes could not even be fathomed, what with personal computers with a storage capacity of 10 gigabytes being a novelty back then!
By no means then, does it come as a surprise that Big Data finds its applications in so many diverse fields. Right from online gaming, educational organizations and retail stores to large scale manufacturing businesses and even the government agencies depend on Big Data to drive their daily business. Fortune 1000 companies are already changing the way they think and carry out their businesses just so that let Big Data take control and allow it to convert their business flaws into advantages. With Big Data deemed to be a multi-billion dollar industry, this is certainly a key component to look out for as we enter the second half of this decade. Happy New Year to all our readers, and let’s hope that 2016 will be filled more success stories, and more cutting edge technologies to create possible avenues for success stories.