LEVERAGE DATA ASSETS
Artificial Intelligence (AI), mobile, social and Internet of Things (IOT) are driving data complexity, new forms, and sources of data. Big data analytics is the use of advanced analytic techniques against very large, diverse data sets that include structured, semi-structured, and unstructured data, from different sources, and in different sizes from terabytes to zettabytes.
BOST Consulting’s big data solutions allow analysts, researchers, and business users to make better and faster decisions using data that was previously inaccessible or unusable. Using advanced analytics techniques such as text analytics, machine learning, predictive analytics, data mining, statistics, and natural language processing, businesses can analyse previously untapped data sources independent or together with their existing enterprise data to gain new insights resulting in better and faster informed decisions.
Big data analysis benefits
Using big data analytics reveals insights for predicting, explaining, and finding hidden opportunities that will help in
Improving Online Presence
Big data tools can do sentiment analysis. Therefore, you can get feedback about who is saying what about your company. If you want to monitor and improve the online presence of your business, then, big data tools can help in all this.
Understanding the Market Conditions
By analyzing big data you can get a better understanding of current market conditions. For example, by analyzing customers’ purchasing behaviors, a company can find out the products that are sold the most and produce products according to this trend. By this, it can get ahead of its competitor
Time Reductions
The high speed of tools like Hadoop and in-memory analytics can easily identify new sources of data which helps businesses analyzing data immediately and make quick decisions based on the learnings.
New Product Development
By knowing the trends of customer needs and satisfaction through analytics you can create products according to the wants of customers.
Costs Saving
Some tools of Big Data like Hadoop and Cloud-Based Analytics can bring cost advantages to business when large amounts of data are to be stored and these tools also help in identifying more efficient ways of doing business
Managed Services Plus
BOST Consulting provides advanced management tools to clients who want to take their IT Service Management to a higher level.