Analytics — an option or a necessity?

“Everything is connected to everything else — if only indirectly — and this is reflected in data.”Eric Siegel, Writer

Have you wondered how the super cyclone that wrought havoc in Orissa in 1999 was different from HudHud, which recently hit coastal Andhra Pradesh? Officially recorded casualties caused by HudHud were 100, compared to 10,000 in areas devastated by the super cyclone. Total destruction was averted due to the timely and accurate predictions of the Weather Department, based on the analysis of past data.

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Think “Smart” Data Analytics before you think “Big” Data Analytics…

Big Data is typically explained via 3Vs – Volume (2.5 Quintillion Bytes of data are estimated to be created every day), Variety (data from all possible source from structured to unstructured) and Velocity (tremendous speed of generating data due to increasing digitization of society).

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