The Importance Of Fusionex Big Data in the Future to Come

Fusionex is an established multi-award winning data technology provider specializing in Analytics, Big Data, IR 4.0, Machine Learning, and Artificial Intelligence. Its offerings are focused on helping clients unlock value and derive insights from data. Featured on Forbes, Bloomberg, Gartner, IDC, Forrester, Edison and Huffington Post, Fusionex is the largest Big Data Analytics company and market leader in ASEAN, bringing state-of-the-art, innovative and breakthrough data-driven platforms to its stable of clientele (including Fortune 500, FTSE companies, large conglomerates as well as a wide array of small and medium enterprises (SMEs)) that spans across the United States, Europe as well as Asia Pacific. Fusionex is also an MDEC GAIN company as well as an MGS recipient.

Gartner’s 2018 report on Modern Analytics and Business Intelligence shortlisted and commended Fusionex’s data technology platform. In addition, Fusionex has been as identified as a Major Player in IDC’s MarketScape Report for Big Data & Analytics. Fusionex is the only ASEAN-based company to be featured in both reports, cementing its credentials in the data technology market for this region.

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Big data has a lot of potential to benefit organizations in any industry, everywhere across the globe. Big data is much more than just a lot of data and especially combining different data sets will provide organizations with real insights that can be used in the decision-making and to improve the financial position of an organization. Before we can understand how big data can help your organization, let’s see what big data actually is:

It is generally accepted that big data can be explained according to three V’s: Velocity, Variety and Volume. However, I would like to add a few more V’s to better explain the impact and implications of a well thought through big data strategy.

Velocity

The Velocity is the speed at which data is created, stored, analyzed and visualized. In the past, when batch processing was common practice, it was normal to receive an update to the database every night or even every week. Computers and servers required substantial time to process the data and update the databases. In the big data era, data is created in real-time or near real-time. With the availability of Internet connected devices, wireless or wired, machines and devices can pass-on their data the moment it is created.

The speed at which data is created currently is almost unimaginable: Every minute we upload 100 hours of video on YouTube. In addition, over 200 million emails are sent every minute, around 20 million photos are viewed and 30.000 uploaded on Flickr, almost 300.000 tweets are sent and almost 2,5 million queries on Google are performed.

The challenge organizations have is to cope with the enormous speed the data is created and use it in real-time.

Variety

In the past, all data that was created was structured data, it neatly fitted in columns and rows but those days are over. Nowadays, 90% of the data that is generated by organization is unstructured data. Data today comes in many different formats: structured data, semi-structured data, unstructured data and even complex structured data. The wide variety of data requires a different approach as well as different techniques to store all raw data.

There are many different types of data and each of those types of data require different types of analyses or different tools to use. Social media like Facebook posts or Tweets can give different insights, such as sentiment analysis on your brand, while sensory data will give you information about how a product is used and what the mistakes are.

Volume

90% of all data ever created, was created in the past 2 years. From now on, the amount of data in the world will double every two years. By 2020, we will have 50 times the amount of data as that we had in 2011. The sheer volume of the data is enormous and a very large contributor to the ever expanding digital universe is the Internet of Things with sensors all over the world in all devices creating data every second.

If we look at airplanes they generate approximately 2,5 billion Terabyte of data each year from the sensors installed in the engines. Also the agricultural industry generates massive amounts of data with sensors installed in tractors. John Deere for example uses sensor data to monitor machine optimization, control the growing fleet of farming machines and help farmers make better decisions. Shell uses super-sensitive sensors to find additional oil in wells and if they install these sensors at all 10.000 wells they will collect approximately 10 Exabyte of data annually. That again is absolutely nothing if we compare it to the Square Kilometer Array Telescope that will generate 1 Exabyte of data per day.

In the past, the creation of so much data would have caused serious problems. Nowadays, with decreasing storage costs, better storage options like Hadoop and the algorithms to create meaning from all that data this is not a problem at all.

 

Fusionex Big Information

As web sites, financial deals, internet tour bookings, graphic functions, socials media, cell phones, applications, and so on are actually swamping all regions of info as well as interactions, a brand new idea is actually birthed: Big Information. This phrase pertains to records collections that are actually thus overmuch sizable that it is actually inconceivable to manage all of them along with typical data bank resources and also logical functions.

The present surge in our electronic world is actually improving, as the measurements of Big Information (BD) is actually continuously altering and also proliferating. As an example, in 2012, it sized coming from a number of terabytes to several petabytes of information in a singular information collection. This rise has actually created a multitude of materials, calling for brand-new units as well as resources for their marketing and also security.

Big Information innovation is actually normally used in every markets of community, however particularly in essential locations that gain from this modern technology in some elements, including support and also client recognition, given that they may produce practices trends; advertising of brand new services and products considering that they can easily prepare for the necessities of their customers; foresights as well as estimates, considering that business purchases have actually likewise been actually digitized; as well as maximizing production and distribution techniques, which is actually where coordinations bodies enter stage show.

This substantial mass of information has actually ended up being an extremely valued money for organisations, and also its own financial worth is actually continuously expanding. The very same holds true for the surge in the relevant information. Nonetheless, our experts need to certainly not neglect that the efficiency of BD is actually straight relative to the review crafted from the info.

A developing market

Even with the dilemma, it seems to be that firms are actually concentrating on modern technologies that produce higher company effectiveness and also supply brand-new organisation possibilities based upon records. This suggests that catching, dealing with, saving, obtaining, circulating and also evaluating details have actually come to be primary business problems.

The numbers promote on their own. A research performed through Gartner shows that the supposed Big Information has actually become some of the 10 calculated modern technologies for the years in between 2012-2015, as well as this propensity is actually happening internationally. In Spain, as an example, MuyComputerPRO publication released a research done through IDC Spain mentioning that the BD market in 2012 resides in a period of development. Primarily, the file shows that presently 4.8% of all the business that compose the Spanish company market have actually integrated Big Information innovation right into their service bodies, as well as this variety is actually anticipated to connect with 7.6% due to the end of 2012. The blast of the electronic cosmos, which depending on to IDC Spain will certainly connect with 2.7 zettabytes due to the end of this particular year, is actually driving the necessities of institutions to handle, catch and also study their details.

Normalizing security

There is actually certainly that Big-Data innovation guarantees a brand new technique of operating that are going to redefine client-company partnerships. Organizations is going to have the capacity to conform and also deal with ideas that can certainly not be actually used and also alleviated therefore promptly just before, like the belief of a company imparted as well as discussed through social media networks. Eventually, Fusionex Big Information will definitely provide a brand-new tactical viewpoint that will certainly boost its own one-upmanship to any kind of institution along with a dream for the future.

The objective of the CSA is actually to create BD as well as Cloud atmospheres more secure. For that reason they additionally generated the Big Information Working Team, along with the reason to cultivate options to safety as well as personal privacy troubles that might come up when making use of huge amounts of information or even functioning in the Cloud atmosphere.

Fusionex International
Fusionex International

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Big Information is actually removing on a global range. Consequently, the charitable Cloud Protection Collaboration (CSA) declared the production of an investigation team that strives to systematize methods as well as surveillance devices for modern technologies that handle the related Big Information devices and also Cloud Processing.