Five Essential Resources Needed for Big Data Analytics

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Big Data services could run the gamut from assessments of data to business strategy to implementation. The services are offered by various business organisations, beyond systems integrators, VARs and IT consultants.

Originally, big data emerged as a term that describes sets of data who size is beyond the ability of traditional databases for capturing, storing, managing and analysing. Nevertheless, the scope of the term has expanded considerably over the years. Big data does not only refer to the data itself but a set of technologies as well, which capture, store, manage and analyse big and varied data collections for solving complex issues.

Amid the proliferation of data in real time, from sources like web, mobile devices, sensors, social media, transactional apps, log files, big data found a host of vertical market apps, which range from detection of fraud to scientific research and discovery. Regardless of the challenges which relate to privacy issues and organisational resistance, investments in big data continue gaining momentum for more than $57 billion in 2017 alone. The investments are further expected to grow at CAGR of approximately ten percent for the next three years.

Big data consulting has become a viable option for software development service providers. Whether it’s marketing a new product of rebrand implementation, companies these days do not make huge decisions lightly. When it comes to moving forward with any significant initiative, organisations look to data that their customers provide to make sure that they are moving in a direction that the audience will follow.

From clickstream data to information on a shopping cart, there is plenty of material to sift through, which is why organisations pay top dollar for big data consulting services to make sense of it all. For those in the market for a new career, big data analytics is a good choice. Of course, one has to be familiar with the skills and tools necessary to begin crunching numbers.

The five resources needed for big data analysis today are the following:

MATLAB, or the Matrix Laboratory is a multi-paradigm digital computing space and programming language. In a layman’s terms, it is a tool that makes tasks, such as writing code, running scripts and performing data analysis and visualisation easily accessible to resolve complex issues with code that is less complex.

There is a myriad of important programming languages available in the market, and data analysts use quite several of their day-to-day tasks and duties. However, if there’s one to learn first, it is Python. The Python language is hailed for being user-friendly as well as its intuitive nature. Moreover, it boasts of numerous capabilities, which make it deal for wrangling data. The 70-hour training gets the programming education started by showing how to download, to extract, clean, aggregate, analyse and visualise data using only Python.

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Yves Mulkers

Yves Mulkers is the founder of 7wData and a widely followed voice in the data and AI community. He curates the 7wData and AI Beat newsletters, reaching hundreds of thousands of data and AI professionals, and writes on data strategy, analytics, AI, and the evolving data ecosystem.