Big Data is emerging from the realms of science projects at Web companies to help companies like telecommunication giants understand exactly which customers are unhappy with service and what processes caused the dissatisfaction, and predict which customers are going to change carriers. To obtain this information, billions of loosely-structured bytes of data in different locations need to be processed until the needle in the haystack is found. The analysis enables executive management to fix faulty processes or people and maybe be able to reach out to retain the at-risk customers. The real business impact is that big data technologies can do this in weeks or months, four-or-more-times faster than traditional data warehousing approaches.
The IT techniques and tools to execute big data processing are new, very important and exciting.
Providing effective business analytics tools and technologies to the enterprise is a top priority of CIOs and for good reason. Effective business analytics � from basic reporting to advanced data mining and predictive analytics � allows data analysts and business users alike to extract insights from corporate data that, when translated into action, deliver higher levels of efficiency and profitability to the enterprise.
In a recent survey, 46% of Big Data practitioners report that they have only realized partial value from their Big Data deployments. An unfortunate 2% declared their Big Data deployments total failures, with no value achieved.
The three compelling reasons for this struggle to achieve maximum business value form Big Data are:
� A lack of skilled Big Data practitioners.
� �Raw� and relatively immature technology.
� A lack of compelling business use case.
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Big Data Training for FastTrack Session!
5 Days Classroom Training on - 29th March 2014 to 2nd April 2014