BIGDATA

The right business decision, in our time, is made on the basis of the analysis of a huge amount of information. It is clear that the human brain is not able to cope with such volumes of information in a reasonable time. Therefore, computers and complexes have long come to his aid.

However, the old options for managing the process of collecting and processing information can no longer cope with the ever-increasing volumes of analyzed information. The effectiveness of business management using computer technology in our time is increasing by implementing Big Data solutions. The benefits of using such solutions are so great that at first it seems fantastic.

By Big Data, now we mean technologies that allow organizing the collection, storage, processing of large amounts of data and making the right decisions based on the processed information.

The term “big” does not fully reflect the essence, we are talking about truly gigantic amounts of information.

Characteristics of big data suggest that hundreds and thousands of tera and petabytes of information will come from different sources, which should be processed as soon as possible. The collection and processing of information from big data sources is an intermediate process. The main thing is the timely adoption of the most effective decision. Without the use of modern big data technologies, this is no longer possible.

Each of us visits shops from time to time. Therefore, we give an example from the field of trade. It would seem simple – compare the monthly costs with profit and evaluate the effectiveness. There seems to be nowhere to use big data analysis methods, but this is far from the case.

The costs of the store consist of:

• money spent on the purchase of goods;
• staff salaries;
• overhead (lighting, air conditioning, water, etc.).

When purchasing goods, it is necessary to provide the store with products of the required quality at the lowest possible prices. The store has dozens of real and thousands of potential suppliers. It’s long been impossible to sort and analyze price lists manually. But in addition to the price, you need to analyze the delivery time, reliability of the supplier, the quality of its products and dozens of parameters for each of the possible suppliers.

This is the processing of large amounts of data, which a person can not cope with. Quickly, he can choose from two or three options offered to him. Big data visualization speeds up this process. The human brain perceives the same information, presented in different forms, in different ways. It is one thing to read the alphabetical list of participants in the race and the time for which each of them has overcome the distance, it is another to look at the podium. By visualizing big data, the goal is to present each type of data in a way that is more easily perceived by the brain. This increases the speed of decision making.

The examples given are simplified. It does not include transport costs for delivery from each supplier, the required amount of goods and a host of parameters that need to be analyzed to make an effective decision.

In similar ways, the issues of reducing other costs of doing business are resolved:

• By staff: How many and what kind of staff, at what time should be involved in the work, and what, at what time should it be engaged. Perhaps during rush hours, you can not deal with the calculation, but to display the packaged goods on the trading floor right in the trolleys. This will reduce the required number of workers and save on their salaries.
• On overhead: How to organize lighting, air conditioning, cleaning at different times so that visitors are satisfied and costs are minimal.

Similarly, you need to research and sales: What goods and in what quantities should be in stock. What should be the price of a particular product. Perhaps the price of a particular product should be different at different times of the day, different dates of the month, different months of the year. Of course, the range of issues that need to be studied is much wider.

To achieve maximum trading efficiency, big data processing methods are indispensable. But the same principles of decision-making can be used in other areas. Big Data solutions allow you to search for missing people and cars, organize traffic flows and the work of medical institutions, they are applicable in all areas of human activity. Despite the external differences between different fields of activity, there is only one solution to increase efficiency – the collection and processing of the maximum amount of data.

Ideally, you need to collect and process all available information. A person is sometimes not even able to realize what data needs to be studied. Suppose that the lighting level of a particular trading stand can directly affect the amount of goods sold from it. What kind of lighting level is needed? A person cannot even guess what other information he needs, and computers can. This effect is achieved by introducing machine learning into big data systems.

As in other areas of business, the cost of software development is determined by the amount of labor and staff qualifications. The more global your project, the more expensive it will cost, but also the greater benefit it will bring to you.

If there is an exact technical of requirement, it is possible to determine the cost of the project. But usually it should be based on time wage. By increasing the number of developers simultaneously working on a project, it is possible to significantly reduce the time required for its implementation.

Avada Media has been successfully developing big data processing systems for over 9 years. We have implemented hundreds of projects, not only in Ukraine and the CIS countries. Among our clients are representatives of countries of the European Union, USA and Australia.

Avada Media demonstrates a customer-oriented approach, and in the field of Big Data technologies it can offer:

• Consultations on all issues of collecting, processing and analyzing large volumes of data in the interests of your business.
• Turnkey software development for solutions Big Data.
• Integration solutions of Big Data of any complexity into newly created software. Sometimes, such solutions can be integrated into existing existing software.

• System analysis of big data.
• Cloud-based Big Data Warehousing.
• Manage your organization’s big data and the support you need to process it.
• Visualization of big data, in order to facilitate their analysis and decision making.

Order Avada Media’s solution Big Data and Boost Your Business Efficiency. The development of the solution will be carried out at reasonable prices, as soon as possible.