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How Can Big Data Drive Growth Of Business Enterprises?

2014-11-28by Mark Tedson

The world is a huge storehouse of structured and unstructured data that extends well into the range of petabytes and zetabytes. Business enterprises usually have such large repositories of data related to their business processes, customer information, evolving market trends along with data coming in from an enterprise's social media streams. In such a scenario, business enterprises can utilize predictive and big data analytics to make informed decisions to facilitate the creation of multi-dimensional customer services and to enhance their productivity. This is because, merely having a website that depicts the services and processes of an enterprise is not enough to survive and meet the increasing demands of their customers. The consumers of today are a highly informed lot and they have unprecedented access to large volumes of data that is available from multiple sources before they decide to make any kind of purchase.

This attribute of the customers implies that organizations have to continuously adapt to their customer behavior and requirements while staying relevant to their business offerings at the same time. Traditionally, business enterprises use their structured customer data in their databases to analyze and predict the buying behavior of their customers. And although there is no dearth of consumer data, organizations often lack the requisite tools and technologies to collect and analyze the data. But this data is incomplete as the data stored on the enterprise servers are outdated and incomplete, thereby rendering the formulation of decisions ineffective. This is where the services of Big Data Companies California can be procured to assist the business enterprises in sifting through their databases to retrieve and analyze relevant data.

When a business enterprise outsource their Big Data Analytics requirements to any of the Big Data Companies California, they are looking for efficient management and analysis of their enterprise data. These Big Data companies California have a team of technical analysts and data scientists to collect, analyze and sift through the client's customer data and discern the relevant data from the vast repository of other data streams.

A few advantages of implementing Big Data Analytics to collect and analyze an enterprise's raw data are mentioned below:

  • Significant information can be identified and utilized to improve and assist in forming critical business decisions.

  • Enterprises can gain timely insights from the vast amounts of data gathered from company databases, third-party sources, social media and from remote sensors.

  • Businesses can enhance their performance and optimize operations with real time monitoring and predictive analytics.

  • Organizations can also mitigate risks by rapidly optimizing complex decisions related to unplanned events.

There are many web developers California who are experts in the design and development of a customer friendly and search engine optimized website. These web developers California offer their expertize and industry knowledge to their clients for developing an interactive and easy-to-navigate website for achieving enhanced customer engagement. The smart use of emerging technologies along with the effective utilization of social media, mobility and enterprise collaboration can drive profits and business growth for any organization. Big Data Analytics can be deployed to acquire, store and analyze data to convert it into highly effective information.

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Author

Mark Tedson

Mark Tedson is a Web Developers California & workingin a leading web development company and has developed a number of web apps. He writes articles on issues pertaining to the challenges and advantages of Big Data Companies California.

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