Technological growth over the years have paved the way for advancements in communications, computation and storage development which have led to the creation of vast collection of data. Termed as “Big data” the collection also includes all the information and data gathered from sources such as social media analytics, next generation data management capabilities, real-time data, and much more.
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Value additions from big data applications
1. Value Additions From Big Data Applications
Technological growth over the years have paved the way for advancements in communications,
computation and storage development which have led to the creation of vast collection of data.
Termed as “Big data” the collection also includes all the information and data gathered from sources
such as social media analytics, next generation data management capabilities, real-time data, and
much more. Such huge quantities of data that are available to vendors, customers, end users and
partners help them in capturing information that is of value to business, science, government and
Society at large.
Today's global enterprises and their integrated economy demand every enterprise to have a
comprehensive know how of the markets, their consumer base, products and regulations along
with enough understanding about their competitors. Enterprises irrespective of the industry
sector can make use of the available vast array of information to understand, analyze and
explore various opportunities and solutions to achieve breakthrough business outcomes.
However, understanding the “big data” and its benefits to the business will facilitate in designing
the big data applications with respect to industry sectors.
Besides understanding their competitors and the external factors, enterprises should also pay
greater heed to understand the internal environment too. Information being a valuable asset to an
organization next to their employees, understanding of the all around environment demands an
effective use of information and analytics. Big data applications help enterprises worldwide in
discovering new ways and means to transform themselves to withstand the aggressive competitive
environment.
The emergence of the Internet, World Wide Web and search engines have however created an
entirely new method of collecting and capturing information that is freely available and putting
2. it to beneficial uses. The digitization of data has facilitated enterprises to collect trillions of bytes
of data every day. Such ability to capture data either from the cloud server or dedicated servers
of the enterprises has led to the development of satellite images, image retrieval systems that
forms a vital link in security applications for today's technology enabled environment.
Further, partnering with other big data application partners, various industries can make use of
the continually accessed big data computing information to enable them to transform and help
development of applications in various fields. A number of medical applications used today in
the field of medicine depend on huge amounts of information collected through big data
application such as CT scans, MRI , genetic analysis and other diagnostic equipment. A thorough
analysis of the information generated from such will help medical practitioners in gaining great
insights into the genetic and Environmental causes of diseases, leading to more effective
diagnosis and treatment.
Similarly in understanding environmental, the facts collected through the big data applications
guide the environment experts with simulations of climate and groundwater models and enable
them create reliable methods to predict the effects of increased CO2 emissions and the use of
chemical fertilizers. The big data thus play a major role today in helping industries and society at
large.
Read More About: Big Data Partnership, Medical Applications Partners, Storage Applications