Big Data and the Internet of Things have been taking the world by storm. Over the next few decades, experts project that these two electronic entities will drive businesses, economies and even home operations in ways we cannot yet imagine.There are several applications for Big Data in the industrial and business world. One of the greatest and most common uses for Big Data is in the realm of business and economic organization. Companies are able to use Big Data to file everything from material lists to employee birthdays all in a simple cloud.
However, the application goes far beyond simple organization. When automation is added into the Big Data process, analytic softwares are able to optimize business, industry, and employee operations to improve overall company efficiency. This ultimately saves corporations time, resource and revenue.
What is Big Data?
Big Data is—as the name implies—a conglomeration of data which allows users to organize countless types of information in one cloud. This makes Big Data ideal for use in companies both big and small. One of the chief uses for gathering this data is found in Big Data analytics. These analytic processes were originally designed to make business run more efficiently.
In the days before Big Data, a manager would look at a financial report and see declining numbers. He would then look at an HR report and see that HR was meeting their daily output quotas. This same manager would them hammer down on his financial losses, missing the big picture. The reason this manager was missing out on his financial goals was because of a great loss of time in HR. The people in HR had to file the same kind of paperwork day in and day out—reducing their time to talk with and hire employees. This was causing employee shortages and bad hires due to a loss of mental energy through filling out redundant paperwork.
However, with the use of Big Data, the manager is able to see that HR is bogged down with far too much paperwork and is not meeting their daily potential. He can then invest in an automation process which will allow HR to spend more time on employee management and making good hires. In time, his financial report will turn around for the better.Big Data allows for cross departmental analytics which ultimately helps companies to run more smoothly and efficiently on a daily basis. This turnaround creates incredible revenue opportunities.
Explaining the Automation Process
The automation process for Big Data is put into place to help companies bring efficiency into the analytics process. Big Data automation is specifically designed to find patterns in the data processed, which helps managers draw conclusions between departmental relations.
As in our example above, Big Data automation analytics would create a projection about how to make the HR department run more smoothly. These kinds of predictions can be made throughout business departments. Employees who are doing well will be monitored through this data and can then be recruited to promotions and teaching positions.
The system can also be used to help automate the more mundane tasks of certain departments to free up their time. For example, AI attachments to your Big Data analytics will allow employees to send out automatic reply emails, have redundant forms filled in automatically, have their business appointment calendars updated in the moment… the possibilities are truly endless.
Benefits of Big Data Automation
Big Data automation provides many benefits for making your business run smoothly. In addition to cross departmental integration, Big Data automation can use it’s prediction abilities to help make sales projections.
Target is notorious for using this function on their consumers. For example, if a woman purchases diapers, Target’s Big Data analytics tool will make the deduction that she will need other baby related items for the next few years. This system will then determine the kinds of coupons, advertisements and promotionals which should be sent her way to ensure her continued business. These sorts of predictions can be made across a variety of demographics and industries to provide your business with the best sales possibilities.