Cloud Computing
Cloud computing is one of the must-known big data terms. It is a new paradigm computing system which offers visualization of computing resources to run over the standard remote server for storing data and provides IaaS, PaaS, and SaaS. Cloud Computing provides IT resources such as Infrastructure, software, platform, database, storage and so on as services. Flexible scaling, rapid elasticity, resource pooling, on-demand self-service are some of its services.Whizlabs
Explore Data & Analytics Statistics
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
- 45 percent of companies run at least some big data workloads in the cloud.
- Data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times as likely to be profitable as a result.
- Only 7% of marketers surveyed report that they are currently effectively able to deliver real-time, data-driven marketing engagements across both physical and digital touchpoints.
- Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
- 98 percent of sales representatives at construction companies that adopt analytics and geographic data reported dramatic decreases in their time frame for providing price quotes.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
- 61 percent of businesses that recognize the effect of data and analytics on their core business practices say their companies either have not responded to these changes or have taken only ad hoc actions rather than developing a comprehensive, long-term strategy for analytics.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
Check Out Data & Analytics Tools
Recent Blogs on Data & Analytics
- Finance Data Management & Governance Importance
- Mothers in Tech: Design your Own Work-Life Balance
- Implementation Fundamentals of Master Data Management
- Accelerating Data Initiatives for the Banking & Finance Industry
- Five Questions You Need To Answer To Get The Most Out Of Power BI
- Sharing a Power BI report within Teams
- Interoperability in Healthcare: A Patient-First Framework
- Gaining executive buy-in through Data Governance
- Data Modeling Best Practices
- Data Solutions that Improve Risk Management for Banks