Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Big Data: it’s a big deal only if you have the tools to use it

2/10/2014 by

W1siziisijiwmtqvmtavmjgvmtuvmtavntkvoti5l2zpbguixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0

Wal-Mart processes more than one million customer transactions every hour. Facebook users share one billion pieces of new content per day. And when the Large Synoptic Survey Telescope comes online in 2016, it will acquire in just five days an equivalent amount of data as has been amassed in the entire history of astronomy.

As a raw product, Big Data yields little to no tangible value. But captured, stored, harvested and analysed properly, it has the potential to disrupt entire industries and redefine the status quo.

The intrinsic value of Big Data is the same as that of all data: it is the value of making informed business decisions. “The difference is one of magnitude,” says Nik Rouda, senior analyst at the IT research and consulting firm Enterprise Strategy Group. “Do I want to understand my business at a kindergarten level or like an omniscient god?”

The key is the ability to aggregate and mine actionable information from massive, disparate data sets. By analysing both structured and unstructured data – such as sales transactions, clickstreams and social media feeds like Twitter – as a single data stream, organisations can identify even subtle patterns that help to improve decision making, insight discovery and process optimisation.

This article has been extracted from http://www.theguardian.com/, please click on this link to read the article in full http://www.theguardian.com/hp-partner-zone/2014/oct/02/big-data-its-a-big-deal-only-if-you-have-the-tools-to-use-it

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

W1siziisijiwmtyvmtivmdcvmtavmdyvndkvntg0l0vudgvychjpc2ugcmvzb3vyy2ugcgxhbm5pbmcgy29wes5qcgcixsxbinailcj0ahvtyiisijm4mhgxmdajil1d

Infor launches new mobile solution

2016-12-07 09:00:00 +0000

Infor, one of the global leaders in enterprise resource planning (ERP) software, has revealed that it is launching a new mobile solution. The company, which has focused on developing specialised business applications for a variety of industries, unveiled Infor Mobility for Field Service (MFS). The solution is a comprehensive mobility application that can streamline operations for employees working in the field. To ensure that field technicians are provi...

W1siziisijiwmtyvmtivmdyvmdkvmjcvmtavnze4l2nsb3vkihrly2hub2xvz3kgc2vydmljzxmuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

AI continues to infiltrate cloud computing se...

2016-12-06 09:00:00 +0000

With Google and Microsoft both already working on artificial intelligence (AI) software for their cloud services, it has been revealed that Amazon is now to join the battle. The internet giant is to prioritise developing AI for Amazon Web Services (AWS), the division that sells data storage and computing to IT professionals around the world. AWS is currently the fastest-growing division for Amazon, with the past year having seen sales soar by 60 per cen...