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Need for Big Data and Analytical Capabilities

According to Mary Shacklett (president of Transworld Data), organizations need big data and analytics capabilities for immediately transferring big data into actionable decisions. According to a Gartner September 2014 report, there is an increase in investment in big data by 64% from 2013. Jeff Kelley (Big data analytics analyst from Wikibon), says that “customers expect personalization when they visit websites, so companies need to develop analytical capabilities and in the long term apply real-time will grow as Internet of Things.” Preventive maintenance analytics can be developed, if data on the Internet to thing can be analyzed. To know more about real time analytics and Internet of Things read on:  http://www.techrepublic.com/article/surge-in-real-time-big-data-and-iot-analytics-is-changing-corporate-thinking/

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