Web development practices in Flexmonster: more about the technologies we implement.
The Big Data continues to roam through the world of business intelligence. Recently, I’ve came across a totally striking infographics, displaying an impact of Big Data market on enterprises. Regardless of industry and size, company executives begin to understand how big data inside their company can be converted into big profitability.
Analysis tools are essential part of enterprise software as they become more and more effective in day-to-day decision making. As most companies operate big data amounts today, it is obvious that it becomes difficult to do all the data retrieval, management and analysis, or the ETL cycle. If implemented properly, the data-driven decision making can increase overall company performance from 5% and up!
Big Data is sprouting today across every company life. Web traffic, social marketing activities, as well as KPI like shipments, sales and customer care - all of these are data that are coming into the company, but require quick and efficient tools for decision making. The data becomes the main driver of the company as it becomes as important asset as personnel or money.
Today, rapid analysis of big data is crucial for efficient business decisions. By year 2015, according to Gartner research, the companies who have implemented fast big data management and analysis will begin to win over their unprepared competitors by 20% in every available financial metric that is critical to run their businesses.
