Big Data is the focus area for businesses innovation, planning and start-ups these days. Record amount of data is being produced every year by different devices and sensors. Gathering and analyzing this information is giving businesses more insights than ever before. There is tremendous amount of information being disseminated from social media posts, news articles and forums every day. To separate the meaningful information from the irrelevant data, you need a powerful technology that helps you use data in a smart manner. Here are 7 powerful tips that suggest how you can leverage this humongous amount of data and convert it into smart data for ready business insights.
3. Big & Smart Data to the Rescue
Big Data is meaningless if unstructured
Big Data + Modular Structure = Smart Data
Smart Data + Data Analytics = Business Insights
4. Are you Ready to Take a dive in the Big Data Sea yet?
6. Tip #1: Know your
Requirements
• Know what to search
• Research all your requirements
• Curate a short list of sources
• Apply the right filters
7. Tip #2 : Filter All
Information
Add multiple filters to manage data. Eg:
• Time frame
• Media Channels
• Information schema
8. Tip #3 : Invest in Right
Skills
Getting the right skills to inference data are of
utmost importance. What do you need?
• Market Research
• Analytical Skills
• Data Science
9. Tip #4 : Get The Right
Tools
Data combined with more data using cutting edge
tools results in
• Better decision making
• Accurate insights into consumer behavior
• Predictive analysis for business strategy
10. Tip #5 : Intelligent
Amalgamation
• Understand customer behavior and demands
• Increased customer awareness
• Better channel drives targeting specific segments
11. Tip #6 : Analyze
• Create manageable streams of data
• Use Marketing analytics techniques to gauge
performance and enhance ROI
• Strengthen keyword and content strategy
backed by data
12. Tip #7 : Strategize
• Accumulate all processed data
• Identify actionable insights
• Formulate a short term and long term plan
• Reap smart benefits
13. Need smart data for your
business?
Reach out to us at
www.promptcloud.com