.Big Data

The definition of big data is data that contains greater variety, arriving in increasing volumes and with more velocity. This is also known as the three Vs. Put simply, big data is larger, more complex data sets, especially from new data sources.

Big Data

  • Big data is a term that describes large, hard-to-manage volumes of data – both structured and unstructured – that inundate businesses on a day-to-day basis. But it’s not just the type or amount of data that’s important, it’s what organizations do with the data that matters. Big data can be analyzed for insights that improve decisions and give confidence for making strategic business moves.

We have decades of experience meeting the stringent regulations and certifications for the automotive, aerospace and medical device industries, which serve as benchmarks for all of the products we manufacture.

Why Is Big Data Important?

The importance of big data doesn’t simply revolve around how much data you have. The value lies in how you use it. By taking data from any source and analyzing it, you can find answers that –

  1.  streamline resource management,
  2.  improve operational efficiencies,
  3.  optimize product development,
  4.  drive new revenue and growth opportunities, and
  5.  enable smart decision-making.

When you combine big data with high-performance analytics, you can accomplish business-related tasks such as:

    • Determining root causes of failures, issues, and defects in near-real-time.
    • Spotting anomalies faster and more accurately than the human eye.
    • Improving patient outcomes by rapidly converting medical image data into insights.
    • Recalculating entire risk portfolios in minutes.
    • Sharpening deep learning models’ ability to accurately classify and react to changing variables.
    • Detecting fraudulent behavior before it affects your organization.

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