Big Data - The need of the hour

Volume, Variety and Velocity is what Big Data is all about. Of-late companies are looking at creative ways to proactively predict the data usage. They want to know what is the latest about the company. They also want to know what customers are thinking. Where are they heading.

This is becoming imperative for the customers as the competition is becoming though and the data is growing very fast. There can be volumes of information that needs to gets tracked on a daily basis. All these data needs proper reading, cleaning and understanding. Most importantly proper management and extraction.

There can be multiple sources and points of data flow - Enterprise Data, Social Media, Emails, Mobile data, Partner inputs.. there is data everywhere. Companies are surrounded with data which grows ad grows. This is a very tricky situation for a company and it is ongoing. It just keeps increasing every day. This data is all scattered all across and it needs to be tracked.

On the other hand, it also provides an interesting opportunity to customers - too much of data is happy problem, get more insights about how the company is performing, more aggressive analytics, improved ratings & performance. It all depends on how this data is peeled and sliced. There are numerous layers and types of data that needs to be addressed / looked into. The bigger challenge is that identifying these data originating points

How is it achieved?
Implementing Big Data strategy  is not a simple task and ofcourse does not come cheap. It needs involvement from CIO office and funding. It is all invest now to harvest later.

Some of the needs 

• Better strategy, architecture
• Infrastructure that support this data volume
• Commitment from management for investment
• Proper data analysis software (unfortunately there is no one tools or platform that does it). It all depends upon how quickly, effectively the data available is captured and analyzed

There are software and platforms that provide cloud based solutions for managing Big Data. This helps companies bring down the CAPEX. Most of the companies use this option to test the whole Big Data strategy.

Most common roles that are part of this implementation process are Architects, Strategists, Governing people and implementers.

We at VENIT can help customers to pick right solution and teams. We can do end-to-end Big Data management. we are partnered with pioneers in Big Data Management.

Please contact us at Contact @VENIT 

Thanks for reading.