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What business benefits do cloud computing services provide
Advantages of big data
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1) Big Data and Cloud Computing
Big data is a term that describes the large volume of structured and unstructured data. These data exist and help businesses on a day to day basis. It is not the quantity of the amount of data that matters but rather the use of these data. Big data can be used to analyse for insights that will improve businesses such as better decision making and better strategic business planning (Kirkpatrick, 2013).
During the past years a new solution appeared in the IT field, Cloud computing, and it is Impossible to overlook it, in light of the fact that Cloud computing permits organizations to outsource information, electronically mail, folders and different applications through virtual stages through the medium of servers
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This report will list down a few of such benefits of using Big Data and Cloud Computing in an …show more content…
Again, one of the benefits of using Cloud computing is to reduce cost by reducing on equipment and expensive equipment by using the service provided by cloud computing service providers (Mamaghani, 2014). Cost of system upgrades, new hardware and software may be included in a cloud computing contract which will mean to take away the need to pay wages to professional IT staffs. Operation cost may be reduced as well due to no needs to run additional hardware in your office which will reduce energy consumption costs.
Business continuity. Protecting your data and system is one of the most important part of business continuity. In an event of natural disasters or accident, having data stored in the cloud ensures it being backed up and stored safely. Being able to access the data again allows the business to conduct business as per usual and reduce downtime and delays.
Flexibility of work location. By using cloud computing services, employees can work from anywhere with just an access point (Laptop or desktop or mobile) and internet connection. For example, employees can access data while on a holiday trip or at home. If there is a need to connect and have access to the data while you are not in the office, you are able to connect to the virtual office via cloud computing easily (Thomas,
As its core essences cloud computing is nothing but a specialized form of grid computing and distributing computing’s which various in terms of infrastructure , deployment, service and Geographic’s dispersion (Veeramachanenin, Sepetember 2015) the cloud enhance scalability, collaboration, availability , ability to adapt to fluctuation according to demand accelerate development work and provide optional for cost reduction and through efficient and optimized computing. (BH kawljeet, June 2015) cloud computing (CC) recently become as a new paradigm for the delivery and hosting of services our the internet. There are mainly three service delivery model Software as Service (SaaS) required software, operating system and network is provided or we can say in SaaS the customer can access the hosted software instead of installing it in local computer and the user can access these software through local computer internet browser (e.g web enabled E-mail ) the user only pay and the cloud service provider is responsible for management or control of mobile cloud infrastructure some of the company which provide such service are Google, Microsoft , Salesforce ,Facebook, etc…..Infrastructure as Service(IaaS)the cloud provider only provide some hardware resources such as network and virtualization is
Big Data is characterized by four key components, volume, velocity, variety, and value. Furthermore, Big Data can come from an array sources such as Facebook, Twitter, call
According to Lisa Arthur, big data is as powerful as a tsunami, but it’s a deluge that can be controlled. In a positive way it provides business insights and value. Big data is data that exceeds the processing capacity of conventional database systems. It is a collection of data from traditional and digital sources inside and outside a company that represents a source of ongoing discovery and analysis. The data is too big, moves to fast, or doesn’t fit the structures of the database architecture. Daily, we create 2.5 quintillion bytes of data. In the last couple years we have created 90% of data we have in the world. This data comes from many places like climate information, social media sites, pictures or videos, purchase transaction records, cell phone GPS signals, and many more places. From the beginning of recorded time through 2003 users created 5 billion gigabytes of data. 2011, the same amount was created every couple days. 2013, we created that same amount every ten minutes. Some users prefer to constrain big data into digital inputs like web behavior and social network interactions. The data doesn’t exclude traditional data that is from product transaction information, financial records and interaction channels.
Cloud computing is able to increase the speed of business. Cloud computing offers the speed to make computing resources on an instance basis, not just need to first survey time and skilled resources in design and implement infrastructure and applications to deploy and test it. Cloud computing can engance revenue, share bigger market, or other advantages.
...Implementation of cloud systems can be implemented in stages with costs that coincide with usage. The ROI outweighs the issues or problems that could occur. Cloud computing gives a competitive advantage of being able to keep up with changes in technology without having the cost involved. Amazons cloud computing allowed companies like Ericsson to remain competitive and thrive.
The key strategy implementation efforts at Amazon all surround the use of “big data”. Big data is the growth and availability of large volumes of structured/unstructured data. The use of big data has allowed decision making based upon data and analysis instead of past experience and intuition. Big data has directed organizational change in allowing Amazon to expand from an online book store to an internet giant. Revolutionary application of big data has allowed Amazon to create superior service quality while motivating employees by providing real time information to solve customer issues. Big data has strengthened Amazon’s competitive capabilities by pioneering the application of big data and charging a monthly fee to smaller businesses
After understanding the possible outcomes and usages of Big Data Mining and Analytics, the study of the process is necessary to identify the real possibilities behind this techniques and how this can improve a business performance. To do this; we should comprehend the basics about data mining and the process that leads from pure data to insights.
Big data helps you understand how people perceive your products; with data that is received with every purchase, you will be able to know how your products are received in the market.
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.
...rces of Big Data . This huge amount of data possible for researchers to know the consumer behavior of customers , thereby refining the Internet of Things devices more suitable , we began serving daily lives of us more effectively . It can also be used for the production , thereby reducing human involvement . In the words of Daniel Kaufman predicted it " will do little more human " by Big Data .
4. Big Data is the ever growing revolutionary step forward for bigger marketing . It means analyzed, competent, variety of huge data that has been stored for implying it for bigger decisions in the market. The Marketing companies which are achieved to collect large amount of data they used to go into a deeper analysis of that data in a more richer way to represent and inputting unstructured to structured one and used it as strategic decisions for bigger market value. While doing this analysis of the big data, it comes up with some disadvantages: they are overloading and creating
Effectively, big data provides the companies with the opportunity to know and understand their customers. With Big Data, a company holds a lot of information about their customers, such as their habits, what is the product they prefer, the time they make purchases, how many products they buy and what kind of promotion their prefer. Then they can make a relation with who the person is, age, gender. Thus they can adapt their offer to the customer. If you are a good client, you can have private discount, or more discount. The objective is to know personally your customer to make them feeling unique.
Using cloud computing, you can access your files and programs from any computer anywhere in the world, all you need is an Internet connection.