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Tuesday 28 October 2014

Why Big Data Training In Analytics Is So Important For Career?

The term ‘Analytics’ has been revolving around for several periods. And more recent one is ‘Big Data’. Due to sheer amount of data getting generated these days, it has become exist in virtually all aspects of our lifestyle. As the name suggests, big data is too complex and large for traditional tools to store, capture and analyze. When it is kept in good use, analysts can extract insights, inspect trends and make predictions with big data.


One flight to London from New York creates around 10 TB of data. Every day, the US stock markets trade over 7 billion shares. Over 2.5 Petabytes of information is collected by Walmart from sales transactions in every hour. Every second, more than 10000 transactions are made on credit card. Training in analytics is changing the way how data is managed differently. It has been realized that businesses have been analyzing a large amount of data and giving very important insights which can help increasing profits and revenues or loyalty.
    
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Why Big Data Is So Bigger?
Analyzing a large amount of data is latest phenomenon these days also because data is being generated in astronomical volumes. Around 25% of data is digital in this world in 2000 and the rest was on cassettes, film and on paper. Over 1300 Exabytes of data is estimated to exist globally and 90% of it is unstructured and just 2% is non-digital.

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More than 24 Petabytes of information is processed daily by Google. Facebook, that had no existence earlier 10 years, holds up to 10 million photos every hour these days. In YouTube, videos with one hour of length is uploaded every second, and over 3 billion ‘Likes’ are made every day and over 400 million tweets are made every day. Over 2.5 Exabytes of information is getting made daily and it is doubling monthly. All these things are creating data explosion. 

Big Data Analytics as Option for Your Career

Big data analytics training is the most profitable option to start your career in 21st century, as suggested by the Harvard Business Review. It has been estimated by NASSCOM that the demand for professionals in Google Analytics is 50000 today and it is about to grow up by 250000. 

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