Companies have started adopting an optimised method for the optimal distribution of resources to carve the path of a company’s growth rather than relying on a trial and error method. The best method of implementation has been incorporating techniques of big data analysis.
The business data acquired by large corporations over large periods of time is too complex to be processed by conventional data processing applications. There are better ways to extract useful information which can support proper decision making and help uncover patterns in an otherwise random looking data.
Author: Mitul Makadia