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Future Possibilities of Big Data Analytics in India
Posted: Nov 07, 2017
The organizations are generating a huge amount of data for their every task and departments like marketing, their previous assignments, and future strategies. This massive volume of data generation leads Big Data strategies as a very relevant technology that can be used for maintaining and using the industrial data in the right approach.
The big data tools improve the commercial environment to serve the best growth in the market. Furthermore, the data which is organized by the big data techniques and algorithms are used to make the current future interpretations and understanding as per the industry usability.
The big data techniques mainly integrate the data capabilities with the digital security to enhance the business scale and also provides the exact and sharp visualization results to understand the large data sets and complex business patterns.
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The most common examples in which the big data algorithms has uplifted the business are the notable improvements in the medicine and public healthcare, betterment in the data of telecommunication sector, the enhancement in the speed of the financial calculations and account data at a large scale, mitigation of fraud and rendering the communication channels by applying the sentiment analysis strategies.
The Indian Market is rapidly growing with the assistance of these powerful strategies and algorithms of the big data. A recent joint survey by NASSCOM has reported that the Indian industries are growing with the significant CAGR rate of 26% and this rate of market share is expected to be more than 30% by 2025 in the development of the commercial platforms, skill development and product marketing in various business industries.
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It performs Data Gathering, Data Quality Management, Data Analysis, Data Driven Model Creation and Data Visualization for many business industries. It also provides quality service in all the major streams of Marketing Analytics such as Buzz Monitoring, Customer Segmentation, Churn Analysis, Cross Sell, Upsell and much more.
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