What is Big Data ?
Every day, we create 2.5 quintillion bytes of data — so much, that 90% of the data in the world today
has been created in the last two years alone. This data comes from everywhere: sensors used to
gather climate information, posts to social media sites, digital pictures and videos, purchase
transaction records, and cell phone GPS signals to name a few. This data is big data.
Why is Big Data Critical
Those who can use it right, gain unbeatable strategic advantage. Some example applications are the
following. Mass Customisation: From mass assembly line standard product to mass customized
products, Big data is making this happen. Real Time Optimal Pricing: Based on profitability,
competition price, customer preference and delivery schedule, real time optimal pricing is enabled.
Survilence and Security: Using a range of data sources, predictive and preventive Security is one of
the top gainers from Big Data use. Trends (From Survey by Microsoft on corporate with 1000 +
employees) More than one-half (62 percent) of respondents currently store at least 100 TB of data.
Most (62 percent) said developing near-real-time predictive analytics or data-mining capabilities
during the next 24 months is extremely important, 58 percent rated expanding data storage
infrastructure and resources as extremely important, and 53 percent rated increased amounts of
unstructured data to analyze as extremely important.
How Glocalings Can Help ?
CAPTURE BIG DATA: How to establish Big Data processes that boost innovation, yield prompt business solutions. How to develop infrastructure, data provisioning and analytics. Create pilots that explore how Big Data can benefit your company. STRATEGY Develop road map to identify the capability and architecture to fully realize Big Data advantage. Create a cohesive information strategy. Control Big Data risks with new risk and governance structures, processes and protocols.
If you would like to know more or setup a meeting to know how Glocalings can help please write to email@example.com