Redefine Technology with Big Data Management

 
Big data describes the large volume of both unstructured and structured data which is not handled by traditional database. Big data usually includes data sets with sizes beyond the ability of commonly used software tools to capture, curate, manage, and process the data within time. Technology is changing the way financial institutions operate, markets are organized, and consumers and businesses interact with investment banks. It will also offer insight on the struggle between regulation and adopting smarter operations for demanding clients. It will offer new ideas for technology and information executives on the next wave of innovation – not only what banks are doing today, but what they are planning for tomorrow.

Ready access to data, quickly and with rich analysis and visualization, has qualitatively, as well as quantitatively, changed the communication patterns and hence the decision processes in many Technologies. Business intelligence software provides actionable and manageable information that can improve chain’s efficiency—from manufacturer through to the end-user. The goal of big data management is to ensure a high level of data quality and accessibility for business big data analytics applications and intelligence. The primary objective of analyzing big data is to support organizations in making better business decisions.
 
End-to-End Visibility –

Business intelligence software can provide far greater transparency by handling big data correctly. Business intelligence creates improved end-to-end transparency, and provides access to the inner workings of a business.

Avoid vendor lock-in and fragmented solutions -
Data proliferation demands innovative infrastructure, self-service analytics access and effective management. Big data solution providers address a fraction of the hardware stack or make you rip and replace your infrastructure.

Data organization-
Data has become most powerful resource for any business, especially for eCommerce stores, it’s a daunting task to collect data from multiple sources and organize it in a way that it gives useful information to business owners.  Big data provides solution to all the challenges of data handling and also helps in analyzing data for making better business decisions. 

Better Collaboration -
Collaboration is the fundamental rule of logistics management: if one link in the chain is severed, the entire process can fall apart. Building relationship after relationship is a fundamental step in the supply chain, which is used to make better collaboration one of the most important ways that big data influences the supply chain market. Business intelligence, and the software that comes with it, makes maintaining supplier-buyer relationships simple.

Pinpoint Focus –
Big data provides real time updates and insights, which is essential to achieving better focus. As you receive that intelligence, you can make any business changes necessary, large or small, to exact specifications.

Here are some examples of a combination of different tools for big data insights:

• Cloud is extensible, scalable, flexible, elastic, self-healing, on-demand, etc. and used to provide the inexpensive hardware/software platform with all applications (such as Kapow, SAP Intelligence Analysis for Public Sector application by Palantir, SAP, Sybase IQ, CRM, SAP Data Services with text analytics) for rapid ramp-up at lower capital cost requirements.
• Hadoop provides reliable data storage and high-performance parallel data processing – the ability to store extremely large data sets.
• SAP HANA provides the extremely accelerated business warehouse/enterprise data warehouse.

About the Author:

Vaishnavi Agrawal loves pursuing excellence through writing and have a passion for technology. She has successfully managed and run personal technology magazines and websites. She currently writes for intellipaat.com, a global training company that provides e-learning and professional certification training.

The courses offered by Intellipaat address the unique needs of working professionals. She is based out of Bangalore and has an experience of 5 years in the field of content writing and blogging. Her work has been published on various sites related to Big Data, Business Intelligence, Project Management, Cloud Computing, IT, SAP, Project Management and more.

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4 Myths About Cloud Computing You Should Know

 

Cloud computing is a term that involves delivering hosted solutions over the internet. These solutions are broadly categorized into three groups: IaaS, PaaS and SaaS. So, we can see that cloud service come in different forms. This might have probably caused some entrepreneurs to be doubtful about how this technology will have an impact on their companies. I am sure it is because of this ‘doubtfulness’ and lack of proper knowledge about cloud computing, that various myths have proliferated, concealing the true benefits it provides, like reducing expenditures and enhancing business agility.

Here I have discussed some common myths and misconceptions about cloud computing to give a reality check on it.

When compared to on-premise alternatives cloud computing is less safe

A common hesitation in migrating into the cloud lies in the issues of privacy and security. Because of the cloud system’s deployment of essential business data to the internet, IT professionals see on-premise system as being less susceptible to risks and security breaches. However, contrary to the notion, cloud computing is safer than on-premise system deployment.

Cloud computing is appropriate only for small businesses and consumers

Unlike small firms that have lesser system-data, which need to be migrated to the cloud, big companies generally have legacy systems with a huge data-pool and more requirements, which slow the cloud adoption to some extent. This kind of complexity might have given the notion that cloud is not right for big businesses, when in reality; it leads to development of cloud services, which are inclusive and meet stringent rules. Integrating the cloud computing with on-premise systems in two-tier ERP model has proven to be useful for large enterprises, while running subsidiaries, particularly on a global basis.

Cloud computing is not apt for mission-criticalsituations

Businesses that are involved with mission-critical events run completely on Groupon, Amazon, cloud-Netflix, and Google to name a few. In the Asia-Pacific region, mission-critical apps continue to move into the public cloud like CRM, human-resource management and ERP. This provides better business agility in comparison to the traditional delivery models or public clouds.

Private clouds provide cloud-computing benefits withoutany shortcomings

The conception that private clouds can offer all the advantages associated with public clouds without any issue of privacy is not completely true. Private clouds have disadvantages like limited scalability and a continuousrequirement forsupportsolutions. Public clouds even offer OpEX (Operating Expenses) based pay-as-you-go model in comparison to CapEX (Capital Expenditure) intensive nature of private clouds.

When switching to cloud computing, it is vital to distinguish reality from myth and comprehend the many pros that the cloudenvironment provides. It is even wiseto keep in mind that though not all cloud providers are equal, there is a cloud solution, which definitely suits every organization.

Author Bio: Koustuv Roy is an expert in iPhone app development having worked with a leading mobile app company.He doubles up as a seasoned tech writer, reflecting on topics like web design and development, the future of wireless communication. Get in touch with him Facebook, Google+, Twitter, Linkedin

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Elements Of Modern Construction Software Solutions

Technological advances have led to increased utility in the field of construction software. For small to medium-sized companies, software-as-a-service (SaaS) solutions can reduce the initial cost of implementation and can provide added support and stability for these advanced technological systems. Understanding the basic elements of construction software packages can provide increased insights into the most effective uses for these systems in boosting productivity and supporting your company's ongoing construction projects.

Dashboard

The primary interface for SaaS systems is the dashboard, which typically allows access to the most commonly used applications and may provide a convenient display of current project information. Secure login technologies allow staff members to work from home or from anywhere with a high-speed Internet connection. Drop-down dashboard menus allow users to obtain additional information about specific projects or work activities.

Cloud Access

Most SaaS systems allow users to access their dashboards and applications securely through cloud computing technologies. Customized logins can ensure that each staff member has access to the specific applications and data necessary for his or her job duties; this can boost productivity and reduce security risks in the workplace.

Scheduling Applications

Shared calendars and email alert systems can ensure compliance with contractual obligations and can prevent scheduled events from slipping through the cracks. Establishing tiered access levels can ensure that only authorized personnel can edit or delete items already in place, guaranteeing optimal protection for these critical scheduling applications.

Centralized Data Storage

Most construction software platforms incorporate searchable data storage for contracts, documents and other business-oriented digital information. Creating hierarchies and categories within these storage systems can allow a greater degree of control over access and editing privileges in the workplace environment.

Contract Management

Contract management is a critical element in managing construction projects effectively. Tracking and monitoring contractual obligations and ensuring that all deadlines are met can protect the company's reputation for reliability and can allow a greater measure of control for supervisors and managers in the corporate structure.

Punch Lists

Punch list applications are designed specifically to allow access via mobile devices while on the construction site. Mobile apps intended for professional use have become immensely popular in recent years; it is estimated that as many as 200 million workers perform at least some part of their job duties using a mobile device. Punch lists are ideally suited for adaptation to the mobile environment and can provide added convenience on the construction site.

Technical Drawing Programs

Drawing management software is designed to streamline the drafting process and to help construction firms manage multiple sets of plans and track changes as they occur. By maintaining a historical record of previous project iterations and revisions, construction firms can more effectively manage the demands of the client and the requirements of the project.

By incorporating the power of advanced SaaS arrangements in managing the computing needs of your construction firm, you can provide your staff members with the tools they need to succeed. Construction software solutions can enhance productivity and ensure on-time completion of projects in progress to create added profitability and improved market position in the housing industry.

Elements of Modern Construction Software Solutions

Grant runs a small construction company, where he uses a software system to handle many of his business needs. He has found that technology developed expressly for the requirements of this industry has made his business run more smoothly and more securely, and recommends these solutions to others.

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Asia On Track to Be Biggest Cloud Consumer

According to recent studies on cloud data usage conducted by Cisco, North Americans are currently the biggest consumers of cloud data, transmitting around 261 Exabytes of data per year. The Asia Pacific region is the next biggest consumer, transmitting 216 Exabytes of data in 2011. An Exabyte is one billion gigabytes. If that sounds like a lot of data, that’s because it is – but it’s a tiny amount compared to how much analysts believe will be used by 2016.

Cloud usage is growing more rapidly in Asia than it is in North America, so by 2016 the Asia Pacific region will be the biggest consumer of cloud data, handling 1.5 Zettabytes of data per year. That’s one and a half billion terabytes worth of data. North America will be handling 1.1 Zettabytes, with Western Europe not far behind, and also hitting the one Zettabyte barrier.

Cloud computing is a huge industry, and as this infographic shows it’s only going to get bigger as more and more industries start heading online. Software as a Service is already a ubiquitous idea, with email, messaging and even accounting products heading “always online”. Don’t miss out on the cloud revolution.

Produced by CWCS

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