{"id":4320,"date":"2013-11-04T01:34:02","date_gmt":"2013-11-03T20:04:02","guid":{"rendered":"http:\/\/ivyproschool.com\/blog\/?p=4320"},"modified":"2024-11-11T17:07:05","modified_gmt":"2024-11-11T11:37:05","slug":"how-big-data-and-analytics-can-change-the-way-your-organisation-works","status":"publish","type":"post","link":"https:\/\/ivyproschool.com\/blog\/how-big-data-and-analytics-can-change-the-way-your-organisation-works\/","title":{"rendered":"How Big Data and Analytics can change the way your organisation works"},"content":{"rendered":"<p>If your organization works with data, you are probably working with Relational Database Management Systems (RDBMS) and desktop statistics and visualisation technologies.\u00a0 As your organisation expands horizontally and scales vertically, you may find the size of your data extending beyond hundreds of gigabytes to hundreds of terabytes and more! While most of the data lies in unstructured text files generated over years of repeated business operations, continuous transactional data also adds to your data size. You may find the traditional SQL you use to manage \/ retrieve your data from the RDMS is incommensurate with the massive data needs of your organization.<\/p>\n<p>So what do you do? Which way do you go?<\/p>\n<p><a href=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2013\/10\/Image4.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4353\" src=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2013\/10\/Image4.png\" alt=\"\" width=\"588\" height=\"399\" srcset=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2013\/10\/Image4.png 588w, https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2013\/10\/Image4-300x203.png 300w\" sizes=\"auto, (max-width: 588px) 100vw, 588px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2013\/10\/image71.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4334 alignleft\" src=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2013\/10\/image71.png\" alt=\"\" width=\"31\" height=\"31\" \/><\/a>Acknowledge the issue that your organisation is now dealing with voluminous\u00a0 data, and this needs to be addressed immediately.<\/p>\n<p>Voluminous data stretches the capacity of your existing working systems in the domain, slowing down speed and analysis. This may compel you to reconsider your data management options. You may then want to look at technologies and applications that support such large data needs.<\/p>\n<p><a href=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2013\/10\/Image61.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-4337\" src=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2013\/10\/Image61.png\" alt=\"\" width=\"30\" height=\"25\" \/><\/a>Look into how your organization would benefit from adapting a Big Data platform.<\/p>\n<p>Here is a benchmark of the benefits of migrating to Big Data enabled technology:<\/p>\n<blockquote>\n<ul>\n<li>Large data volume storage<\/li>\n<li>Linear scaling, built on the massive parallel processing (MPP) architecture<\/li>\n<li>Breakthrough performance for queries<\/li>\n<li>Easier scalability and access<\/li>\n<li>Data science based query analysis, root-cause analysis, predictive analysis<\/li>\n<li>Improved accuracy<\/li>\n<li>Quick in-database analysis with speedy ETL (extract, transform, and load)<\/li>\n<li>In-depth insight into multi-structured data sources<\/li>\n<li>High \u2018speed to market\u2019 time, in a decision management system (DMS)<\/li>\n<li>Reduction of code by almost 80 \u2013 90 %<\/li>\n<li>Easy deployment of rich analytic applications, with distributed processing<\/li>\n<li>Optimum hardware utilization<\/li>\n<li>Effective ROI<\/li>\n<\/ul>\n<\/blockquote>\n<p><a href=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2013\/10\/Image53.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2013\/10\/Image53.png\" alt=\"\" width=\"26\" height=\"27\" \/><\/a> Explore the various options available which address the specific needs of your organization. Weigh the benefits against consequent cost implications for an effective ROI.<\/p>\n<p>Adopting the right programming framework and Big Data technology that supports processing of your organisational data sets in a distributed computing environment, comes next.<\/p>\n<p><a href=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2013\/10\/image81.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4338 alignleft\" src=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2013\/10\/image81.png\" alt=\"\" width=\"28\" height=\"31\" \/><\/a>For this, you may want to apply to Schools and Institutes that cater to a Big Data learning experience.<\/p>\n<p>So, enroll in courses that support your work at the organisation, or which may enhance your CV when you want to make a job changeover.\u00a0 If you are in developing or data management, such courses are an add-on in your learning curve.<\/p>\n<p><strong>The need for Big Data Management <\/strong><\/p>\n<p><em>Improved CRM (Customer Relationship Management): <\/em>A Big Data technology platform allows you to keep pace with increasingly large customer data sets stored as unstructured data, and apply this to\u00a0 your business goals.<\/p>\n<p><em>In-database analytics for customer insights<\/em>: Insights are\u00a0 revealed through smarter in-database online Analytics for effective, speedier decisions. This can be translated into a DaaS (Data as a Service) model taking advantage of your data sources. With continuous data updates and support, you can be one step ahead of competition.<\/p>\n<p><em>Automate all financial processes<\/em>: Your organisation\u2019s capacity to mine, store, extract, cleanse, transform and analyse data and convert the same into effective value based models and DSS (Decision Support System) is definitely enhanced.<\/p>\n<p><strong>The need for Big Data Learning<\/strong><\/p>\n<p>Whether you are already working in an organisation working with vast data, as a developer,\u00a0 a data analyst or aim to be a data scientist, you need to understand Big Data and how it operates. Although primarily an on-site learning experience,\u00a0 formal courses offered in select Institutes are an essential cog in the education process of analytics, DBM, data science and programming, amongst others.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As your organisation expands and integrates social media for stats, CRM and analysis, you may find the size of your data becoming voluminous. The existing RDBMS models may no longer suffice the needs of your organisation. This is when you need to explore the benefits of migrating to a Big Data enabled techonology that supports the needs of your organisation. The benefits thereon far outweigh the cost implications.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[552],"tags":[43,49,47,54,52,50,51,53,48,45,44,46],"class_list":["post-4320","post","type-post","status-publish","format-standard","hentry","category-technology","tag-big-data","tag-big-data-management","tag-big-data-technology","tag-data-appropriate-technology","tag-effective-roi","tag-improved-crm","tag-in-database-analytics","tag-migrate","tag-mpp-architecture","tag-organisation-needs","tag-rdbms","tag-voluminous-data"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Big Data Transforms Organizational Efficiency<\/title>\n<meta name=\"description\" content=\"Discover how Big Data and analytics improve data management, CRM, and decision-making, 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