Big Data is undoubtedly the next big thing! Currently, Big Data Analytics is in the forefront of IT and it plays an extremely crucial role because it can make a huge impact when it comes to improving business, making and retaining decisions and policies and providing the biggest possible edge over competitors.
So if you think you are cut out for the big, bad and brutal Analytics game, then there are a plethora of options waiting for you on your favorite job portal. Let’s take a look at why Big Data Analytics is the smartest career move you can make right now:
Soaring Demand for Analytics Professionals
The demand for skilled professionals in the field of Analytics has is quite recent! But, experts believe that in the next few years the market will expand and evolve to such an extent that the global IT market will be more or less occupied with Big Data Analytics professionals. If you invest in training right now, you will reap what you will sow!
Huge Job Opportunities & Meeting the Skill Gap
A close look at the job portal of your choice and you will know that there is a large number of vacancies worldwide in this particular sector and that’s solely because of the dearth of skilled professionals. So if you are thinking of Big Data Analytics as a career option, the dismal demand-supply gap will ensure that you will never be unemployed.
Due to the high demand for analytics professionals, the range of salary is also skyrocketing. Studies suggest that the annual pay hike for Analytics professionals in India is almost 50% more than other IT professionals. The salary trend in U.K has also seen steady and exponential growth in the last two years.
Top Priority in a lot of Organizations
Big Data Analytics is undoubtedly one of the top priorities of the leading organizations because it helps an organization grow by collecting and storing data that might get scattered and lost. Surveys have revealed that Big Data Analytics is one of the central factors behind boosting an organization’s social media marketing chops.
Adoption of Big Data Analytics is Growing
With new and advanced technologies coming in, Analytics has become all the more intricate and sophisticated as it can now be performed on large and varied datasets. People are now investing more time and effort in dealing with the strategy setup for Big Data Analytics.
A Key Factor in Decision Making
Analytics now has an upper hand in the decision-making process of the organizations because it is a strong and effective strategic influence that works remarkably in the long run.
The Rise of Unstructured and Semistructured Data Analytics
Surprisingly, there has been considerable growth in the sector of unstructured and semi-structured data analytics including the analysis of weblogs, social media, photos, videos, and even e-mail.
Usage in Every Section
The biggest advantage of Big Data Analytics is that it can be used almost anywhere and everywhere. From Healthcare to Energy to Technology to Banking, Big Data Analytics can be used in every single domain making it as flexible as flexible can get.
Surpassing Market Forecast / Predictions for Big Data Analytics
According to a renowned international survey, Big Data Analytics will be one of the most disruptive technologies in three years’ time. Researchers are of opinion that in the near future, Big Data Analytics tools will be used for the first line of defense, combining machine learning, text mining and ontology modeling to provide holistic and integrated security threat prediction.
Numerous Choices in Job Titles and Type of Analytics
A quick search on a trustworthy job portal will tell you that this particular field comes with a bouquet of specialized jobs you can choose from including Big Data Analytics Architect, Big Data Engineer, Big Data Analyst etc. Leading organizations like Microsoft and Oracle have an excellent range of Big Data Analytics jobs for you to choose from. So if you are armed with the required skill, Big Data is going to be your best friend!
What exactly is Big Data? Big Data is nothing but large and complex data sets, which can be both structured and unstructured. Its concept encompasses the infrastructures, technologies, and Big Data Tools created to manage this large amount of information.
To fulfill the need to achieve high-performance, Big Data Analytics tools play a vital role. Further, various Big Data tools and frameworks are responsible for retrieving meaningful information from a huge set of data.
The most important as well as popular Big Data Analytics Open Source Tools which are used in 2020 are as follows:
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Big Data has played a major role in defining the expansion of businesses of all kinds as it helps the companies to understand their audience and devise their business techniques in accordance with the requirement.
The importance of ‘Data’ has been spoken very highly in the modern-day business. Thus, while using big data analysis, the companies must keep away from these minor mistakes otherwise it could have a major impact on their performances. Big Data analysis can be the silver bullet that can answer your questions and help your business to scale newer heights.
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The Cloud offers access to new analytics capabilities, tools, and ecosystems that can be harnessed quickly to test, pilot, and roll out new offerings.
The Cloud offers access to new analytics capabilities, tools, and ecosystems that can be harnessed quickly to test, pilot, and roll out new offerings. However, despite compelling imperatives, businesses are concerned as they move their analytics to the Cloud. Organizations are looking at service providers who can help them allocate resources and integrate business processes to boost performance, contain cost, and implement compliance across on-premise private and public cloud environments.
The most cited benefit of running analytics in the Cloud is increased agility. With computing resources and new tools available on-demand, analytics applications and infrastructure can be developed, deployed, and scaled up — or down — much more rapidly than can typically be done on-premises.
Unsurprisingly, cost reduction is seen as a significant benefit of cloud-based analytics. A complex algorithm processing large volumes of data may require thousands of CPUs and days of computing time, which can be prohibitive for companies without existing in-house compute and storage resources.
With the Cloud, organizations can rapidly access the required compute and storage power on demand and only pay for what they use. Research shows that migrating analytics to the Cloud can double an organization’s return on investment (ROI).
Standardization, cited as the third most crucial driver of migrating analytics to the Cloud, is strongly linked to the first two benefits of increased agility and reduced IT costs. Also, standardization helps organizations with simplified, streamlined IT management and shortened development cycles.
The Cloud offers access to new analytics capabilities, tools, and ecosystems that can be harnessed quickly to test, pilot, and roll out new offerings. For instance, organizations can take advantage of cloud-based data integration and preparation platforms with pre-built industry models. Leverage cloud services that offer powerful graphics processing unit (GPU)-based compute resources for complex analytics and tap into a collaborative ecosystem of data analysts within a federated data environment.
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Big Data Analytics is the next big thing in business, and it is a reality that is slowly dawning amongst companies. With this article, we have tried to show you the importance of Big Data in business and urge you to take advantage of this immense business opportunity.
Hire experienced Big Data Analytics Companies to attain your objectives in business. Big Data is the technology that is responsible for improving the productivity of your business by providing better visibility about the business processes to the decision-makers.
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