Title: Impact and Scope of Big Data
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2Highlights
- Prominent player in Internet of Things and Data
solutions - Strong presence in North America, and the
Asia-Pacific region - We help SMEs to Fortune 500 firms take advantage
of the latest technologies
About Dash Technologies
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4Dash Offerings
THE ONE-STOP SHOP FOR ALL YOUR IT NEEDS
5Digital Marketing Services
END-TO-END DIGITAL SERVICES FOR YOUR BUSINESS
6Dash Mobile Services
END-TO-END SERVICES WHEN IT COMES TO MOBILITY
7Technologies we work on
WE DONT WORK ON EVERY TECHNOLOGY UNDER THE SUN,
BUT WE COME PRETTY CLOSE
and of course, more
8Full-Stack Emerging-Tech
9Full-Stack Technology Capabilities
10Impact and scope of Big data
- Can you imagine how much data we create on daily
basis? Just take into count a normal routine day,
starting from your wake up time, where you work,
and when you come back, relax and sleep. This
cycle that seems unavoidable and very regular
generates gigabytes of - data that almost none pays attention to.
- One wakes up and begins with checking for new
emails and their social media profiles for latest
updates. One shares or hires a taxi to his
workplace. Going online during the travel and
browsing video hosting websites like Netflix,
YouTube or other on the move. - Reach your work place and punch your card on the
attendance machine, pick a conversation about
vacations destinations. Coming home right away
you check out for holidays packages online. You
come across your colleague buying a brand-new
watch, and again you go online to check for new
deals, and create your wish list to buy later.
Now you start feeling hungry, and make an order
for food online. By the time your food arrives
you check balance in your bank account and make a
booking online for a movie ticket at the weekend
and the list continues. - Individually we generate huge amounts of
data every single day.
11- As mentioned earlier on how data has become an
essential part of our everyday routines, and now
you would wonder how companies use these to
provide countless services all focused on
consumers. - Big data is an enormous of amount of data that is
generated by linked technologies. It is nothing
but a huge pile of unstructured, semi-structured
and structured data that is used to examine to
acquire valuable informations regarding business
developments. Big data is a tool that makes
operations, marketing and advertising efforts
more productive as defined by the business
world. - At present a budding term, big data is explained
as a large quantity of raw data with a potential
to advanced analytical applications. Big data is
mostly characterized by the 3Vs namely the
tremendous volume of data information, the
extensive variety of data types available and
the velocity at what the data need to be
processed. - Big data covers a large mixture of data types,
including unstructured data, like text and
document files kept in NoSQL, systems or Hadoop
clusters, and semi-structured data, as in web
server logs or streaming data from sensors, and
structured data as in data warehouses
and SQL databases. Furthermore, big data even
comprises of multiple and synchronized data
resources that may yet to be integrated. Lets
take for example if a big data analytics project
is attempting to estimate a products success and
future sales prospects as done by comparing the
past sales data, sales return data and online
buyer review data of that product.
12Scope of Big data and Trends Expected
- Generally big data environments exceed both
relational databases and traditional data
warehouses to integrate technologies that are
suitable for processing and storing
non-exchangeable forms of data. The growing
attention on accumulating and scrutinizing big
data is determining a new platform that merges
the traditional data warehouse along with big
data structures in a logical data warehousing
architecture. As an element of the decision
process, it is required to divide the data based
on the requirement for compliance reasons, how
much data should be disposed of and how much data
should be kept and analyzed with the aim of
improving existing business processes and giving
the business a competitive edge. Hence the
decision process needs cautious classification of
data so that finally small sets of data can be
examined quickly and effectively. - Today organizations may it be big or small are
becoming more and more aware of the importance of
data and the total impact it can have on to
organizations. So the organizations are starting
to invest in Big Data, and its related
technologies to make up to date decisions.
Starting from optimizing workflow and
supply-chain management systems to enhancing
consumer experiences and keeping up with
depletion, companies are choosing to analyzed
data for every decision. In reality, a matter as
simple as purchasing a coffee machine for the
cafeteria is even data-driven. For all these
reasons, it is ensured that the future of Big
Data appears to be strong and unquestionable.
13Scope of Big data and Trends Expected
- Dark Data
- As foreseen the primary occurrences of big data
future trends is the surfacing of dark data. Now
it is a well-known reality that the combination
of digital data and its performance during the
analytics has been gathering gigantic rewards to
businesses and their brands throughout the world.
To match this technology in the future, dark data
will pave its way further and symbolize the
future of big data in future years or may be
months. - Simply said, dark data denotes the data collected
from non-digital sources along with digital data
thats been degraded due to its value by
analytics experts. The data sets are generally
untouched, unstructured and unaccounted and are
even referred to as dusty data. The Big Data
future scope forecasts that such data sets will
gain attention by this year and this will
additionally revolutionize the technology to
advance.
14New Job Roles
- With the increasing complexity in technology and
its incorporation with other technologies, the
industry continues to develop and requires
specialized experts for specific job roles and
responsibilities. - For example, programmer coders will have to
necessarily upgrade their skills to Big Data
analytics and managers will have to necessarily
upgrade their skills to business intelligence and
familiarize themselves with skills to work with
data for business and career progress. As this
segment of IT has recently exploded, and the
major expansion after the big bang is yet to take
place.
15Privacy
- One of the major drawbacks of this technology is
privacy ad as it continues to remain it is
noteworthy to keep in mind that in a very shot
while a permanent remedy is sure to hit the
market as a resolution to this. At present, it is
difficult to understand how the data generated is
used and shared amongst the companies and as for
the big data Hadoop future is concerned it is
destined to reduce or rejected. - Major companies globally will rise up to this
forth coming challenge and will search for
actions on the legal scenarios. New and related
policies will be composed, and laws will be
modified accordingly for data consumption and
analytics, making a way to a safer ecosystem for
customers who generate the majority of the data.
16The Volume of Data Generated Will Continue to
Increase
- The only promising things about big
data Hadoop future is that the volume of data
generated per day will only continually increase.
Currently the data generated is approximately 2.3
trillion gigabytes daily, and this will just keep
growing in the future. If you have observed,
there are devices like the smartwatches, smart
wearable techs and smart televisions, in the
market that additionally collect consumers data,
allowing the scope for simply enormous generation
of data.
17Big Data and its Integration with Other
Technologies
- As previously mentioned, the future of big data
is clear and unchangeable. If noticed,
technologies like Machine Learning, artificial
intelligence, IoT, and alike are slowly entering
our daily lives. The backbone of all these is Big
Data seated in a strong and authoritative
position. - The devices linked and are sending messages to
each other via a connected network for sharing
and generating data you input, and the structured
algorithms learning patterns are processing
information from the data generated. A plain
example of the Internet of Things is the smart
television that is connected to ones home
network that is generating data on the viewing
patterns, interests and other details. -
- Also if the social apps are installed, it is
taking into account the personal preferences and
tastes and collectively works on characters like
yours to deliver better online content and
streaming selections. You would be shocked to
know that the huge blockbuster House of Cards was
the outcome of Big Data analytics!
18Big Data by the year 2020
- The data industry has been developing ever since
its foundation and is moving other industries and
companies for their advancement. With its
continuous impact on companies, the future of big
data concerning its market share and investment
globally is just expected to grow many times by
the time we reach 2020. - The estimates revealed that the international
market share of the big data and its associated
technology is likely to reach roughly about 57
billion by the 2020. The US is the first in the
race by generating, consuming and deploying the
data and next in this technology run is our
India. Research analysts even publicized that
India will grow and become a 8 billion industry
by the year 2020, creating a demand for more than
50,000 skilled Big Data experts and Data
scientists.
19- In the next few months, IT professionals will
exchange their current career course to a
lucrative career in Big Data and take along big
fat salaries as compared to an average IT
professional and will enjoy a great work-life
balance as well. - The industry will continue to progress with
regards to innovative applications and the fields
and areas that operated traditionally till date
will alternatively be taken as data for
decisions. One of the classic examples is of HR
analytics, wherein HR associates are upgrading to
Big Data analytics for effective decisions on
recruitment, wage differences, appraisals,
retrenchment and budgeting. -
- We, at Dash Technologies, anticipate a world that
is purely data-driven and consumers and experts
are creating a world that will be instinctive,
smart, responsible and responsive. And so if you
have the same vision as ours, it is time you
shift to Big Data as you know, the future of big
data is strong and the technology here is to
continue forever.
20Thank You