Leveraging of big data can be of immense benefit to organization. The benefits includes
- Discovery of patterns & relations across variety of data sources for domain-specific competitive insights
- Leveraging social media for competitive advantage as well as identification of social risk
- Cost-effective solutions for storing & processing large volumes of data and getting meaningful analytics
- By adopting a platform that can scale to a massive degree, a company can extend the shelf life of its system and so save money, as the investment involved can be spread over a longer time.
- By getting involved in the big data field now, a company can future-proof itself and reduce risk by building a vastly scalable distributed platform.
