How Big Data Drives the Business Scenario of Indian Industries
There is an enormous number of business corporations which are driven by the algorithms of big data analytics. The strategies of big data analytics and other logics of data analytics helps the large and small business firms to use their raw data to give sharp and precise insights to run a business and increase the corporate growth.
Banking Sector: The business sector of India highly uses financial risks and financial marketing actions. The big data helps the retail leaders, financial traders, large banking firms, many funding organizations in terms of Trade Analytics, trading analysis of high-frequency business, decision analysis of pre-trading support, sentiment calculations, predictive analytics, risk analysis for anti-money laundering, enterprise risk demand, and fraud mitigation.
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Media and Communication: In the media sector, the business organizations are highly dependent on the quantity of rich-media data and the demanding customers for many entertainment and information data. The big data provides the clear insights of behavioral data by the analysis of data of demanding customers which helps the media and communication companies to create the specific contents for different audience, recommending the target contents as per the demand of the customers, measurement analysis and performance analysis of the content that is being broadcasted, leveraging the social media trend analysis and real-time pattern analysis of contents and behaviour of customers.
Healthcare: The healthcare sector has a lot of data containing different information of patients, pharmacy, doctors, equipment and treatment records. The big data provides many applications for these huge databases such as the instrumentation analysis of different data feeds, monitoring analysis of real-time equipment adjustments, performance analysis of patient and doctor track records, optimization analysis of consultation and patient data analysis.
Education: The big data analytics helps the education sector by track analysis of the time spent by a student on the assigned risk, performance analysis of the teachers and students, behavior analysis of the students, subject analysis of the decided curriculum, result analysis of the different exams patterns and the marks obtained by the students, demographics analysis, activity analysis of the aspirational performance by students, etc.
Canopus Data Insights, An Indian Data Science Company, has an expertise in providing Data Science Solutions and Services, from the start-up organizations to large enterprises. It is expert in generating useful insights from the corporate raw data and converts it into logical and useful business outcomes, independent of the data type such as Big Data or traditional data figures, structured raw data or unstructured raw facts.
About the Company:
Canopus Data Insights is an emerging Indian Company that has skilled data scientists to provide outsourced Data Science Services and Machine Learning Analysis Results to its clients worldwide. To know more about their services, visit their website www.canopusdatainsights.com or call +91 731-2551963.