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Many small or big Companies outsource all kinds of IT and business functions to service providers

 
 
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Many small or big Companies outsource all kinds of IT and business functions to service providers
by System Administrator - Thursday, 14 June 2018, 12:33 PM
 
By:M.S.Yatnatti: Editor and Video Journalist Bengaluru:Reportedly many small or big Companies outsource all kinds of IT and business functions to service providers, including some that are quite strategic. Increasingly, that includes data analytics, one of the more competitively advantageous areas of the technology spectrum.With data analytics outsourcing, organizations hire service providers to perform analytics on the data they provide to the outsourcing company. Industry research shows demand for the service is on the rise. According to experts opinion advanced technology allows even non-technical business strategists to build data-insight-led workflows and export code, ready to be implemented by programmers. Having this capability available within a data analytics platform enable far quicker implementation than would previously have been possible with the solutions used by the previous guardians of analytics: the data scientists. Realising the benefits of Big Data:Digital giants, such as Microsoft, Apple and Google were amongst the first to develop proprietary technology that let them make the most of Big Data. However, the technology available on today's market has got to a point where the benefits are achievable for all kinds of firms - no matter their business model.All are poised to take benefits of new big data technology. Now that data analytics technology has helped Big Data hit the mainstream, with adoption rates amongst companies rising from 17% in 2015 to 53% in 2017, according to a study for Dresner Advisory Services, the benefits will be felt far and wide. Not only will businesses be able to maximise their efficiency and better plan their activities, but they can make a positive impact in a wider sense: for example, to promote greener working practices with predictive modelling, or give overworked employees back their personal time through increased efficiencies. Here's to the realisation of the Big Data dream, analytics technology, and the next nine years!