This article says about five key factors that should be considered for the success of a Big Data Project.
Big Data is a concept that has existed for a while, but only gained proper attention a couple of years ago. It can be described as extremely large data sets that have grown so big that becomes almost impossible to manage and analyze them with traditional data processing tools. Big Data can be used by enterprises in by building new applications, improving the effectiveness, lowering the costs of their applications, helping with competitive advantage, and increasing customer loyalty. It can also be used in other industries to enable a better system and better decision-making. Big Data has become a valuable asset to everyone around the world and continues to impact society today.
Big Data is being widely utilized by large corporations and the government for many practical uses, tracking crime, finding terrorists, redefining shopping, and changing how we go about everyday life. Price says that big data is leading to large advances in medicine, social sciences, astrophysics, business, and crime fighting. According to IBM, 90% of the worlds Big Data...
Volume is often regarded as the primary attribute of big data. With that in mind, a large number of people define big data in terabytes—sometimes petabytes, but big data can also be quantified by counting records, transactions, tables, or files (Russom, 2011). Volume refers to the mass quantities of data that organizations are trying to harness to improve decision-making across the enterprise (Schroeck et al., 2012). The volumes of data have continued to increase at an unprecedented rate over the last couple of years. The sheer volume of data that is stored or available for storage today is exploding, it is expected that by the year 2020 40 zetabytes (ZB) of data will be stored (Zikopoulos et al. 2012) which according to Schaeffer & Olson (2013) is fifty times more than what is generated today. IBM (2012) has estimated that 2.5 quintrilllion bytes of data are created daily.
Big Data has become very popular now-a-days, because of the unlimited data coming from various sources and is difficult to handle by data base management systems. As the information that is gathered from different sources is very large and complex, it has become complex and not easy to process all the information through traditional way of data processing. And here it comes big data into a picture. It’s one of the most popular technologies which have its applications in almost every field. This paper explores the value of real time big data in education, and health care. “Big Data is when your data becomes so large that you have to start innovating how to collect, store, organize, analyze and share it”. (Gobble, MaryAnne M., 2013)
Nearly every computer publication has polled its readers asking such questions as "Do you think IBM can succeed at changing, Do you think Lou Gerstner is the right man to lead a turnaround at IBM," and "Do you care?"
At the time of the case, why has SAP America grown so rapidly? What challenges have been created by the company’s explosive growth?
capabilities of Apple have enabled the company to cope up with the changes evolved rapidly
...ncome and increase in demand. Microsoft met another challenge from the rapid rate of new technology. Specially coming from competitor such as Apple, Google, IBM, AT&T corporation, and cable giant media ONE. The Internet also allowed for new growth, because companies can get their message out in second anywhere in the world. However, the management of Microsoft was able to fully utilize the skills, expertise, and wisdom of its employees to remain successful. Microsoft continues to be successful with its creativity and innovation by producing new product such as windows and Xbox. Management has shown diversity by employing 91000 people worldwide in over two-hundred countries. This cultural success has propelled Microsoft to the front of the technology world. This can be attributed to the efficiency and effectiveness.
Computers are changing the world as we know it, and they offer an exciting new way of working. The news represented a complete turnaround for the corporate giant. Microsoft Chairperson, Bill Gates publicly announced his company's new connection to the Internet. The announcement rang through the nation. Gates has consistently ignored the Internet in favor of desktop computing. So, with Microsoft's approval, computers kicked into even higher gear . The pace of innovation continues to astonish even those involved from the start. If one wants to find enthusiasm, intellect, hard work, and imagination; then computers is the place to be .
In today’s society, technology has become more advanced than the human’s mind. Companies want to make sure that their information systems stay up-to-date with the rapidly growing technology. It is very important to senior-level executives and board of directions of companies that their systems can produce the right and best information for their company to result in a greater outcome and new organizational capabilities. Big data and data analytics are one of those important factors that contribute to a successful company and their updated software and information systems.