Big data can help businesses.

What is Big Data & How It Can Help Your Business?

February 20, 2018 -

Big data can help businesses.

As an IT recruiter, we receive many requests from employers to find IT professionals with big data skills and experience. If you’re wondering what is big data, or what kind of hardware structure you’ll need to utilize for your business? Live Assets can help. Find out everything you need to know about the emergence of big data and how businesses are using it to facilitate growth.

What is Big Data?

Big data contains large and varied amounts of information that’s quickly collected companies, which traditional data analysis methods are unable to comprehend or connect. For example, a hospital network has a large volume of information flowing in quickly 24/7, such as internal administrative data to private information. Furthermore, the information is highly diverse it can include segmented information such as test results, heart rate monitors, surgery results, used hospital supplies, and much more.

Taking advantage of big data makes for better healthcare decisions. It requires new data analysis tools not only to handle the sheer size of the data but to make relationships between the information points. For example, if a hospital network wants to make real-time decisions about where to allocate supplies during an outbreak, they would need extreme processing power. With advanced data analytic techniques, big data can yield incredible insights for any organization, not just those in healthcare.

The Technology Behind Big Data

Whether you’re looking to improve your operations, understand your customers better, optimize your prices, or prevent fraud, there are a variety of big data technologies can leverage.

The first two are offered from IBM: Hadoop and Apache Spark. Hadoop is an organizational system for the data. Apache Spark is the engine that performs the analysis. There are various Hadoop modules you can use that perform different kinds of processes. Apache Spark is equally versatile.

However, there are other kinds of databases you can use for storing and/or managing your company’s big data. In-memory databases are intended to allow for faster access. NoSQL databases, as opposed to conventional SQL databases, are more flexible and agile. Data lakes are intended for extraordinarily huge volumes of data and can store information in its original format.

IT Professionals & Big Data

Typically most candidates require skills in data science, data mining, and data visualization. These individuals should have experience performing quantitative analysis on a large scale or have experience working with successful algorithms and data structures.

Other data skills are more specific. You may need a data hygienist to gather, clean, and validate the quality of the data you’re putting into your storage. Or, you may need a specialized data explorer, who can separate data groups, perform queries and analyses. Other skills are less distinct, such as data instructions which can be performed by a general-purpose programmer.

Many growing companies are in need of skilled workers with big data experience. Big data projects are cumbersome and require high-level management skills. As an IT recruiter, we can help you find professional candidates with technical abilities.

At Live Assets, we can connect your business with IT professionals with big data skills. Call us at (416) 572-1020 or contact us for a business consultation.

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