Companies around the world are now starting to realize that they all need more data and sophisticated analytics to survive the ever-growing competition. Currently, a significantly low percentage of businesses have big data or effective analytics at their disposal. Most of the data remain unorganized or in the siloes.
Surveys have suggested that even leading companies are struggling to smoothly transform into a data-driven business model. Even though an increasing number of companies have been investing in big data, machine learning, and AI, many of them are yet to taste success in terms of data analytics.
What’s the underlying cause that is keeping companies from the successful implementation of analytics? Data science and data technology are ready to deliver benefits. But most organizations, as it now turns out, are not yet ready for the data revolution. Business leaders around the world, and across industries should change this and make data analytics the most effective tool for making profits.
Out of many data
integration applications, the most important one in today’s IT world
is making the stored data accessible on various systems. It can be
well understood via an example – Hadoop, a modern big data
analytics environment isn’t compatible with mainframe data. To bridge
the gap, data integration can prove to be a good solution. This makes
the legacy data of an organization available which can be used with
business intelligence applications.
How to accomplish data
Manual, as well as
automated approaches, are primarily used to accomplish data
integration. Today, many data integration solutions utilize a few
forms of the ETL (extract, transform, load) methodology. As the name
suggests, this methodology helps by getting the data from the host
environment and then converting it into a standardized format.
Thereafter, it loads the same into a destination system to be
utilized by applications that are running on that system.
Augmented reality (AR) & virtual reality (VR) are future-ready
technologies that have empowered various businesses to innovate with
their products and services. Numerous industries and business sectors
are leveraging advantages from AR/VR like healthcare, eCommerce,
interiors, eLearning, entertainment, real estate, etc.
AR & VR applications allow doctors
to monitor the health of patients from a remote area. Also, AR/VR
applications help them to do accurate surgeries. Over the last few
years, education industry has witnessed a fast going trend for AR/VR.
Using this futuristic technology, an interactive audio-visual
e-learning experience can be delivered to students.
Various top eCommerce brands have
integrated AR to deliver a 3D shopping experience to their customers.
It allows their customers to virtually visualize how a certain piece
of furniture will look in their home and how it will fit in their
Businesses are turning towards offshore
software companies to build highly engaging AR/VR applications.
SynapseIndia, a top offshore software development company, has
created AR applications for various startups, SMEs and large
development and deployment is trending as it allows businesses to
serve customers around the clock in real-time. Intelligent chatbots
help businesses to strengthen customer relationships and boost sales.
To gain a competitive advantage and generate higher revenue, it is
imperative for brands to deliver better customer service than rivals.
Chatbots provides fast and automated answers to queries raised by
customers. It helps businesses to grow their customer base and
explore new sales opportunities.
Bots can be easily integrated with a website, Facebook messenger,
Telegram, Slack or other social media channels. Top chatbot
development companies like SynapseIndia tap the agility of Cloud
technology to deliver secure and scalable bot deployment solutions.
Chatbots have revolutionized various industry verticals like
banking & finance, education, travel & hospitality, medical &
healthcare, etc. More and more companies are using chatbots to cater
to the evolving needs of customers.
In a nutshell, chatbots are a must-have for businesses to thrive
in the competitive market.
With evolving business trends and cut-throat competition, it is
imperative for IT companies to implement DevOps practices in their
software development processes. The world is moving towards
automation and it’s the right time for IT leaders to align
development and operations teams for better productivity and revenue
DevOps which stands for “Development”
and “Operations” allows teams to maximize development speed and
minimize bugs. Teams become happier and more efficient. There is an
improved collaboration between them and the chances of developing
innovative software are higher. Teams get more time to innovate
rather than fixing issues. IT organizations become more agile,
profitable and competitive.
Client satisfaction is a key to success
for any IT company. DevOps environment empowers an organization to
build out-of-the-box products for clients with minimum risks and
Over the years, the adoption rate of DevOps has increased significantly and more IT companies are expected to embrace this innovative culture.
Machine learning, a subset of
artificial intelligence, carries algorithms that completely depends
on the historical data in order to execute tasks accurately. It
continues to find out different ways of ensuring higher efficiency in
daily business functions.
This can be better understood via a
quick example – consider yourself running a network scan or reading a
thousand-page document. What is the percentage that you will succeed
or don’t miss a security weakness? The chances of your success will
increase if your business is equipped with ML (Machine Learning). It
can certainly prove to be a game changer for you.
Machine Learning, in other words, takes
a large chunk of data and finds out the most prominent rules to get
the desired result. With changing time, it will be able to track the
patterns and gain more knowledge from the data. Thus, helping in
optimizing your business by suggesting solutions to problems that
weren’t flagged by programmers.