Big data analytics deals with humongous amounts of data to tab hidden patterns, striking correlations and better insights. By god’s grace, today’s technology makes it possible for us to gather big data, analyze that data and extract out answers from them in no time – a process that was slower, less effective and less precise with conventional and archaic BI solutions in the past.
Evolution of data analytics The concept of data analytics has been around us since 1990’s, but it’s now that organizations have started understanding the undue importance of data to streamline company operations and how applying analytics adds significant value to your business. This decade is witnessing the past trend of big data analytics, coupled with better efficiency and robust speed. Few years back, the entire mechanism in which big data and company worked was different. A better and more systematic approach towards data analysis has now helped organizations become more agile, while enjoying a competitive edge over their competitors. Why is data analytics so important for organizations? For better harnessing of data, data analytics is the go-to solution. Organizations rely on data to identify new trends and unique patterns – because smarter data analysis leads to more efficient operations, better profit figures and happy customers. Cost reduction – Big Data technologies like Hadoop and Cloud brings in cost advantages, when it comes to storing large data volumes. Better, faster decisions – Decision-making got new wheels in the facet of data analytics. Businesses today can derive and analyze data in moments, and make prompt decisions. Newer products and services – Thanks to better information, improved products and services can be expected with big data. For supreme data analytics courses in Kolkata, drop by Techtree India. Being a premier IT education institute in Kolkata, their data analytics training courses are crafted to perfection.
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