Harnessing Big Data

Ignoring data which is laying around can be a costly bet for any business in today’s world. Using effective analytics or big data tools hence becomes imperative to unlock the power of data

Organizations, independent entities, governments, police and political parties, among others are finally investing time and money in unlocking the power of data. Today, there is a common belief that data has become the new currency, which can yield dividend if it is adequately stored, mined and analyzed. Organizations need to make investments to turn their data into dollars and 16 www.dqindia.com use the best of breed big data tools (NOSQL or Hadoop based whichever fits their requirements). At the same time, it is important to see in what ways businesses can use analytics or big data tools. Straightway hopping to analytics or big data tools is neither suggested nor advised. It can be risky in the sense that your business may not be appropriately positioned for big data solution consumption.