Big Data
BIG DATA ANALYTICS
Big data analytics reviews high volumes of data to understand the hidden insights, objectives
and other relevant information. In the new age of technological advancements, getting answers from these data is possible immediately – an approach that is much slower and less effective with traditional intelligence solutions.
WHY IS IT NEEDED?
Reduces Cost
Big data tools such as Hadoop and cloud-based analytics provides cost advantages in storing large amounts of data – additionally they can present more efficient ways of conducting business.
Effective Decision Making
With Hadoop & in-memory analytics along with the ability to analyze new sources of data,
organizations evaluate information immediately and make decisions on what they’ve learned.
New Offerings
Big Data empowers corporates to provide what customers seek by analyzing the data. Big Data
Analytics assists organizations to create and offer new and multiple products to customers based on their habits.
The improving capabilities of big data platforms create new opportunities for industries who want to examine analytics to benefit their companies. Earlier, inspite of having supporting data, such as sales figure, customer information, etc, getting insights was both time consuming and costly, however, with the introduction of analytics toll, now everyone with a proper training can provide information from company data and evaluate the results and re-route the organization strategy course.
Big data includes large volumes of data, both unstructured and structured,however the volume of data is not important but the execution is. How organization's perceive those data and implements the understanding, resulting in change- is what matters. HashCash Consultants assists organization's to analyze the data for insights that result in better decisions and strategic business moves. We help you to make better use of the information that flows into your organizations every day. When you combine big data with high-powered analytics, you can accomplish tasks such as:-
- Determining root causes of failures, issues and defects in near-real time.
- Generating coupons at the point of sale based on the customer’s buying habits.
- Recalculating entire risk portfolios in minutes.
- Detecting fraudulent behavior before it affects your organization.
