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

W1siziisijiwmtcvmdkvmjkvmdgvmtmvmjkvmjgyl1vudgl0bgvkigrlc2lnbiaomjuplmpwzyjdlfsiccisinrodw1iiiwimzgwedewmcmixv0

Are PSLs a Blocker or an Enabler?

2017-10-02 11:00:00 +0100

The use of a Preferred Supplier List (PSL) was intended to support and strengthen relationships and performance between organisations and their third party suppliers. As the technical landscape continues to evolve at rapid rate recruitment and demand for new skills becomes more intense. Are PSLs still the solution or an obstacle to sourcing the right talent? The traditional PSL A dedicated list of partners intended to guarantee quality and availability ...

W1siziisijiwmtcvmdkvmjevmdgvndmvmduvmtmxl1vudgl0bgvkigrlc2lnbiaomjmplmpwzyjdlfsiccisinrodw1iiiwimzgwedewmcmixv0

Why do we punish the victims of hacking?

2017-09-21 09:00:00 +0100

Hacks occur every 39 seconds, with 95% of them targeting governments, retailers and the tech industry. If the hackers are caught, they'll face prison time under the Computer Misuse Act. More often than not, the businesses who are victims of those attacks expose themselves to punishment of their own. The laws that determine the duty of protection owed to businesses and their customers is both vague and broad, making them question just how much protection...