Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Big Data enables us to reach the bottom of the pyramid

29/09/2014 by

W1siziisijiwmtqvmtavmjgvmtuvmtevntmvmje3l2zpbguixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0

Tata Teleservices has become one of the first companies in India to harness Big Data to bolster its legal and regulatory operational requirements. Tata Teleservices CIO Ashish Pachory explains to Nandagopal Rajan the need for Big Data and how his company has been using it across several aspects of its functioning. Excepts:

How synced in are Indian companies about the opportunities of Big Data?

Indian companies are gradually coming into sync with their global counterparts in tapping the true potential of Big Data. Desktop analytic tools are no longer sufficient as the volume, velocity and variety of data are growing exponentially. Advanced analytics are key to providing companies with the ability to conduct analysis and simulations of all business transactions, while presenting a model which is concise, relevant and accurate.

How big is the market?

International Data Corporation (IDC) estimates that the global market for Big Data will reach $16.1 billion in 2014, achieving growth six times faster than the overall IT market. With the anticipated surge in data consumption and generation, growth of the Big Data market is inevitable. In addition, security programmes associated with the technology will see increased prominence across sectors such as retail, IT, e-commerce, health, aviation and telecom.

Are we seeing smaller companies tap into Big Data?

SMEs are gradually opening up to the idea of effectively using Big Data analytics and are following the lead of larger enterprises. It is critical for smaller companies to understand and adopt Big Data solutions, which also tend to be cost-effective, in helping their business function more efficiently under the aegis of hard-core insights.

Are most Big Data solutions beyond small and medium companies?

Smaller companies are generating data in proportion to their size. With Big Data analytics, it becomes easier and more economical to manage huge chunks of data that can be used for various kinds of analysis ranging from customer behaviour to purchasing trends. Small businesses using data intelligently can equip themselves with opportunities to streamline processes and customise product and service offerings. Thus, we are now also seeing a lot of smaller e-commerce platforms leveraging Big Data to their benefit.

This article has been extracted from http://www.financialexpress.com/, please click on this link to read the article in full http://www.financialexpress.com/news/big-data-enables-us-to-reach-the-bottom-of-the-pyramid/1293879

Montash is a multi-award winning, global technology recruitment firm. Specialising in permanent and contract positions across mid-senior appointments which cover a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Energy Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.

With offices based in London, Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid-management in permanent and contract roles.

 

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtcvmdqvmjqvmtqvmzqvmzuvnjg3l3nodxr0zxjzdg9ja182mdq2otc5nziuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

What Does A Snap Election Mean For Recruitment?

2017-04-25 08:00:00 +0100

On Tuesday 18th April, Prime Minister Theresa May called a snap general election for 8th June, taking the nation by surprise. Rather than waiting until 2020, voters will now be casting their ballots in a matter of weeks. The hope for the government is that a Tory victory give the prime minister a strong mandate in parliament as Brexit negotiations begin. This sudden decision has been embraced by many in the recruitment industry due to the anticipated st...

W1siziisijiwmtcvmdqvmtkvmtuvndivntgvnjcyl3nodxr0zxjzdg9ja18xmja3mdi1ndcuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

Evolve or Die: The Importance of Being Agile

2017-04-19 18:00:00 +0100

In the high-speed world of IT, agility is essential if you want to stay on top. Over the last 20 years, Montash Managing Director Roy Dungworth has experienced many changes in the industry. But two things never change - the need for business agility and the importance of people. Roy shares his insights after two decades in the industry. The pace of the IT industry increases every year. The way people buy or consume information today is having an enormou...