Big data analytics has been the buzz word in the industry since long. Various industry verticals have realised the veracity of data and how past, present and future potentials could be derived from it
What is big data analytics? Since, there has been no standard definition to understand the concept of big data and analytics. We define it as, the process of analysing the big data to uncover the hidden patterns, market trends, unknown correlations and other useful business information required for better decision making. The data has been exploding at an exponential speed which is beyond our imagination right from byte to kilobyte, megabyte, gigabyte, terabyte, petabyte, exabyte, zettabyte and to yottabyte, which is the future for big data analytics.
The data is being generated by mobile devices, sensor technology and networks, social media &networks and scientific instruments. In other words, it is only us, who is generating data. But, how big is the data?, does all needs to be stored and analysed? and how to find which data points arerelevant todecision making. To address these concerns, high-performance analytics becomes mandatory to distinguish the appropriate and junk data.
Here, we enter into "Big Data Analytics". For a quick analysis of relevant data, high-performance analytics has been used by various industry verticals. Using high-performance data mining, text mining, predictive analytics, forecasting and optimization ofbig data enables business to constantly drive effective results and drive best possible decisionsout of it. In addition, variousbusinesses have been using this technique to utilise the data for the better decision making and compete with their competitors.
Big data analytics have been used in the multiple business such as e-commerce, telecommunication, healthcare, retail, energy, media and government sector as well. The big data has great potential and data scientists are using it for better insights on key business operations such as risk and fraud detection, marketing campaigns, customer retention etc. For instance, Telecommunication industry is growing increasingly, focusing on big data and is applying analytics to understand the customer history, its behaviourand to predict whether the customer is likely to churn or could be retained for a long time.
The data collected within an organization becomes be more significant to drive effective results when clubbed with the external sources such as data collected from social media platforms, government agencies, etc. Though there are various free sources of external data available but the businesses needs to identify the significance of data that could be used to understand the customers buying trends, competitors move and more. As the volume of data increases, the need and identification of automated tool becomes equally critical. Data scientist or stakeholders are the prime associates in a businessto identify the analytical tool that could analyse the data, highlight the issues & opportunities to focus and predict the outcomes that could help in achieving business goals. Multiple platforms and technologies are used such as Hadoop, and related tools such as MapReduce, Hive, Yarn and NoSql database are being used today to unlock the importance of big data.
The advantages of big data analytics could be measured by the followingfacts, as it enables data scientists:
A substantial progress has been observed in the big data analytics in the year 2014, for various business units and segments. But we have to widespread the adoption of big data, especially from a business transformation perspective. Let’s do it now.
We at RankOne Consulting understand the importance of big data analytics and its relevance with the multiple verticals of industry. We have been providing consulting to:
Few seminar and presentations have been conducted by our experts in various institutes to update graduates on the industry trends for big data analytics.
We may collect the information supplied by the users, while using the contact information form and hiring form.
We require this information to understand your needs and provide you with a better service, and in particular for the following reasons:
We are committed to ensuring that your information is secure. In order to prevent unauthorized access or disclosure we have put in place suitable physical, electronic and managerial procedures to safeguard and secure the information we collect online.
A cookie is a small file which asks permission to be placed on your computer's hard drive. Once you agree, the file is added and the cookie helps analyze web traffic or lets you know when you visit a particular site. Cookies allow web applications to respond to you as an individual. The web application can tailor its operations to your needs, likes and dislikes by gathering and remembering information about your preferences.
We use traffic log cookies to identify which pages are being used. This helps us analyze data about web page traffic and improve our website in order to tailor it to customer needs. We only use this information for statistical analysis purposes and then the data is removed from the system.
Overall, cookies help us provide you with a better website, by enabling us to monitor which pages you find useful and which you do not. A cookie in no way gives us access to your computer or any information about you, other than the data you choose to share with us.
You can choose to accept or decline cookies. Most web browsers automatically accept cookies, but you can usually modify your browser setting to decline cookies if you prefer. This may prevent you from taking full advantage of the website. All the questions or clarifications regarding the policy should be addressed to
These terms and conditions govern your use of this website; by using this website, you accept these terms and conditions in full. If you disagree with these terms and conditions or any part of these terms and conditions, you must not use this website.
Unless otherwise stated, Rankone Consulting Pvt. Ltd. and/or its licensors own the intellectual property rights in the website and material on the website. Subject to the license below, all these intellectual property rights are reserved.
You may view, download for caching purposes only, and print pages [or [OTHER CONTENT]] from the website for your own personal use, subject to the restrictions set out below and elsewhere in these terms and conditions.
You must not:
[Where content is specifically made available for redistribution, it may only be redistributed [within your organisation].]
You must not use this website in any way that causes, or may cause, damage to the website or impairment of the availability or accessibility of the website; or in any way which is unlawful, illegal, fraudulent or harmful, or in connection with any unlawful, illegal, fraudulent or harmful purpose or activity.
You must not use this website to copy, store, host, transmit, send, use, publish or distribute any material which consists of (or is linked to) any spyware, computer virus, Trojan horse, worm, keystroke logger, rootkit or other malicious computer software.
You must not conduct any systematic or automated data collection activities (including without limitation scraping, data mining, data extraction and data harvesting) on or in relation to this website without Rankone Consulting Pvt. Ltd. express written consent.
[You must not use this website to transmit or send unsolicited commercial communications.]
[You must not use this website for any purposes related to marketing without Rankone Consulting Pvt. Ltd. express written consent.]
[Access to certain areas of this website is restricted.] Rankone Consulting Pvt. Ltd. reserves the right to restrict access to [other] areas of this website, or indeed this entire website, at Rankone Consulting Pvt. Ltd. discretion.
If Rankone Consulting Pvt. Ltd. provides you with a user ID and password to enable you to access restricted areas of this website or other content or services, you must ensure that the user ID and password are kept confidential.
[Rankone Consulting Pvt. Ltd. may disable your user ID and password in Rankone Consulting Pvt. Ltd. sole discretion without notice or explanation.]
In these terms and conditions, Rankoneconsulting Pvt.Ltd. user content means material (including without limitation text, images, audio material, video material and audio-visual material) that you submit to this website, for whatever purpose.
You grant to Rankone Consulting Pvt. Ltd. a worldwide, irrevocable, non-exclusive, royalty-free license to use, reproduce, adapt, publish, translate and distribute your user content in any existing or future media. You also grant to Rankone Consulting Pvt. Ltd. the right to sub-license these rights, and the right to bring an action for infringement of these rights.
Your user content must not be illegal or unlawful, must not infringe any third party's legal rights, and must not be capable of giving rise to legal action whether against you or Rankone Consulting Pvt. Ltd. or a third party (in each case under any applicable law).
You must not submit any user content to the website that is or has ever been the subject of any threatened or actual legal proceedings or other similar complaint.
Rankone Consulting Pvt. Ltd. reserves the right to edit or remove any material submitted to this website, or stored on Rankone Consulting Pvt. Ltd. servers, or hosted or published upon this website.
[Notwithstanding Rankone Consulting Pvt. Ltd. rights under these terms and conditions in relation to user content, Rankone Consulting Pvt. Ltd. does not undertake to monitor the submission of such content to, or the publication of such content on, this website.]
This website is provided as is without any representations or warranties, express or implied. Rankone Consulting Pvt. Ltd. makes no representations or warranties in relation to this website or the information and materials provided on this website.
Without prejudice to the generality of the foregoing paragraph, Rankone Consulting Pvt. Ltd. does not warrant that:
Nothing on this website constitutes, or is meant to constitute, advice of any kind. [If you require advice in relation to any [legal, financial or medical] matter you should consult an appropriate professional.]
Rankone Consulting Pvt. Ltd. will not be liable to you (whether under the law of contact, the law of torts or otherwise) in relation to the contents of, or use of, or otherwise in connection with, this website:
These limitations of liability apply even if Rankone Consulting Pvt. Ltd. has been expressly advised of the potential loss.
Nothing in this website disclaimer will exclude or limit any warranty implied by law that it would be unlawful to exclude or limit; and nothing in this website disclaimer will exclude or limit Rankone Consulting Pvt. Ltd. liability in respect of any:
By using this website, you agree that the exclusions and limitations of liability set out in this website disclaimer are reasonable.
If you do not think they are reasonable, you must not use this website.
[You accept that, as a limited liability entity, Rankone Consulting Pvt. Ltd. has an interest in limiting the personal liability of its officers and employees. You agree that you will not bring any claim personally against Rankone Consulting Pvt. Ltd. officers or employees in respect of any losses you suffer in connection with the website.]
[Without prejudice to the foregoing paragraph,] you agree that the limitations of warranties and liability set out in this website disclaimer will protect Rankone Consulting Pvt. Ltd. officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as Rankone Consulting Pvt. Ltd.
If any provision of this website disclaimer is, or is found to be, unenforceable under applicable law, that will not affect the enforceability of the other provisions of this website disclaimer.
You hereby indemnify Rankone Consulting Pvt. Ltd. and undertake to keep Rankone Consulting Pvt. Ltd. indemnified against any losses, damages, costs, liabilities and expenses (including without limitation legal expenses and any amounts paid by Rankone Consulting Pvt. Ltd. to a third party in settlement of a claim or dispute on the advice of Rankone Consulting Pvt. Ltd. legal advisers) incurred or suffered by Rankone Consulting Pvt. Ltd. arising out of any breach by you of any provision of these terms and conditions[, or arising out of any claim that you have breached any provision of these terms and conditions].
Without prejudice to Rankone Consulting Pvt. Ltd. other rights under these terms and conditions, if you breach these terms and conditions in any way, Rankone Consulting Pvt. Ltd. may take such action as Rankone Consulting Pvt. Ltd. deems appropriate to deal with the breach, including suspending your access to the website, prohibiting you from accessing the website, blocking computers using your IP address from accessing the website, contacting your internet service provider to request that they block your access to the website and/or bringing court proceedings against you.
Rankone Consulting Pvt. Ltd. may revise these terms and conditions from time-to-time. Revised terms and conditions will apply to the use of this website from the date of the publication of the revised terms and conditions on this website. Please check this page regularly to ensure you are familiar with the current version.
Rankone Consulting Pvt. Ltd. may transfer, sub-contract or otherwise deal with Rankone Consulting Pvt. Ltd. rights and/or obligations under these terms and conditions without notifying you or obtaining your consent.
You may not transfer, sub-contract or otherwise deal with your rights and/or obligations under these terms and conditions.
If a provision of these terms and conditions is determined by any court or other competent authority to be unlawful and/or unenforceable, the other provisions will continue in effect. If any unlawful and/or unenforceable provision would be lawful or enforceable if part of it were deleted, that part will be deemed to be deleted, and the rest of the provision will continue in effect.
These terms and conditions [, together with [DOCUMENTS],] constitute the entire agreement between you and Rankone Consulting Pvt. Ltd. in relation to your use of this website, and supersede all previous agreements in respect of your use of this website.
These terms and conditions will be governed by and construed in accordance with [GOVERNING LAW], and any disputes relating to these terms and conditions will be subject to the [non-]exclusive jurisdiction of the courts of Delhi, India [JURISDICTION].
Credit :: This document was created using a Contractology template available at http://www.freenetlaw.com.