Sunday, 22 January 2017

How data is fueling the next generation of technological innovation


The phenomenon of data management is truly cross-industry—I would like to share the learnings from our experiences with clients who embraced unprecedented data growth.
It is dawn of a new world of data. Major trends are converging in hybrid environment; big data, the Internet of Things, machine learning, social media interaction data, human interaction data, security and privacy, and infinite aisle. Today, with cloud applications, mobile devices and globally dispersed teams – data is everywhere, and it touches all the aspects of our lives. Data matters more than ever.

In its exponentially increasing volume, velocity and variety. Data is becoming the world’s new natural resource and basis of competitive advantage. It promises to be for 21st century what steam power was for 18th century, electricity for 19th century and hydrocarbons for 20th century.

Here are some interesting facts:

Generating 2.5 billion GB/day, but that's just the tip of the ice burg
About 80% of the data in the world is created in just the past two years
A major retailer collects 2.5 petabytes of data every hour from its customer transactions—equivalent to about 50 million filing cabinets worth of text
Across all industries, leaders are recognizing that data is the key to competitive advantage. What do enterprises and institutions need in order to capture this advantage?

The key to harness this potential is the transformation of fragmented, unpredictable, raw data into consolidated, high quality, actionable information from any source, any technology, at any latency. But traditional data integration methods struggle to keep up in a world of rapid technology innovation.

Data will be the basis of competitive advantage, and the strongest competitors will be those who opt for scalable new approaches your business is demanding while reducing the complexity and cost of data integration and management.

We help our customers devise the vision for the new data-centric world, and offer the tech. innovations that takes the concept of a data platform to an entirely new level.

Here is how we help our customers to get better at the data management:

Insights into the trends that are powering the new connected world, and how leading organizations have broken away from traditional data integration methods to unlock the full potential of information in order to drive business innovation.
How to build upon their existing data management foundation to deliver tactical Data Management solutions in a cost, time and risk manner.
How effective Data Management enables agile Business Intelligence for accelerated delivery of new data and reports.
We remain committed to the success of our customers & continued growth of their data.

Source:https://www.linkedin.com/pulse/how-data-fueling-next-generation-technological-innovation-anjum?trk=mp-reader-card

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