Hello and welcome. Today, we'd like to discuss the future of data analytics and big data consulting.
First, you may be wondering what we do.
DataTicon offers a range of services that cater to both enterprise and startups, allowing them to gain value from their data. Our services are not just technology-based, but also people-based, as we provide expertise in report and dashboard creation, advisory support, data infrastructure implementation, data strategy development, analytics and machine learning, and data specialists at your service.
But why is it important to monetize your data?
The reason we encourage businesses to monetize their data and stay ahead of the curve is because we see the potential and value that can be unlocked by leveraging data technologies. We are currently in a data revolution, with data increasing every minute and being digitized for use across a variety of devices, from social media to smartphones to IoT systems. This has led to the rise of big data, which has several aspects that we will delve into.
So what is exactly is big data?
Big data is characterized by five major properties. First is the its variety of data sources, including social media, web sources, billing software, and point of sale systems. This creates complexity that traditional databases cannot handle, as big data is also characterized by its size which is a second property of big data, with billions of records that require new technologies for storage.
Third, it is the velocity of data generation which is also a factor, with data being generated every second from sources like IoT devices and real-time interactions in banking, or our interaction with social media like Facebook and YouTube.
In addition, the fourth properties of big data is the quality of data, or veracity. It is essential for creating a single source of truth representative of the facts of the world in accuracy and up-to-date. Lastly, the values of data matters, but it is important to remember that data is only valuable if it is monetized and drives business success.
And how can your company work with us to succeed?
Our service offers the ultimate solution for businesses, whether you have small or big data known as the Expert-Data-Analytics-as-a-Service (EDAS). We are dedicated to understanding our clients' needs and challenges, and we provide services that cater to your success. We offer data analytics, data management, and digital transformations by leveraging data for business success to improve customer experience and drive profitability.
We invite you to contact us today to book a meeting, as we offer a free consultation to discuss your needs and how we can help you succeed in your data journey. If you have any questions, please feel free to ask, as we are here to provide support and help you maximize the value of your data.
Thank you for your time, today.
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