CIOAdvisor Apac

  • Home
  • Vendors
  • News
  • Conference
  • Whitepapers
  • Newsletter
  • Subscribe
  • About Us
  • Specials

  • Menu
      • Ad Management
      • Application Security Testing
      • Artificial Intelligence
      • BPO
      • Contact Center
      • Data Analytics
      • Deep Learning
      • Digital Marketing
      • Digital Transformation
      • Disaster Recovery Services
      • Disinfection and Sanitization
      • E-Invoicing
      • Ecommerce
      • Govt Tech
      • HubSpot
      • Human Resource
      • ICT
      • IoT
      • Laser and Photonics
      • Leadership Development
      • Logistics
      • Machine Learning
      • Marketing Technology
      • Mobile Application
      • Parking Management
      • Payment And Card
      • SDN
      • Telecom
  • Digital Transformation
  • Logistics
  • IoT
  • Payment And Card
  • Artificial Intelligence
Specials
  • Specials

  • Ad Management
  • Application Security Testing
  • Artificial Intelligence
  • BPO
  • Contact Center
  • Data Analytics
  • Deep Learning
  • Digital Marketing
  • Digital Transformation
  • Disaster Recovery Services
  • Disinfection and Sanitization
  • E-Invoicing
  • Ecommerce
  • Govt Tech
  • HubSpot
  • Human Resource
  • ICT
  • IoT
  • Laser and Photonics
  • Leadership Development
  • Logistics
  • Machine Learning
  • Marketing Technology
  • Mobile Application
  • Parking Management
  • Payment And Card
  • SDN
  • Telecom
×
#

CIO Advisor APAC Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Advisor APAC

Subscribe

loading
  • Home
  • News
Editor's Pick (1 - 4 of 8)
left
Big Data & Insights:Oil for the Digital Age

Radhika Venkatraman, SVP-CIO, Network & Technology, Verizon

Big Data Analytics and Audience Location Targeting

Greg Isbister, Chief Executive Officer, Blis

Visualize the Correlation of Variety of Big Data

Suresh Acharya, VP, Product Development, JDA Software

Emphasize on Big Data Visibility for Network Security

Scott Robertson, Vice President , APAC, WatchGuard

The Science behind Big Data

Eric Haller, EVP & Global Head-DataLabs, Experian

For major firms, mass of data should be rocket fuel, not dead weight

Victor Nilson, SVP, AT&T

Using Hadoop as an Analytics Catalyst

Paul Kent, VP-Big Data, SAS

Using Big Data Analytics to produce high-quality Big Data Storage

Andrei Khurshudov, Chief Technologist, Seagate Technology

right

THANK YOU FOR SUBSCRIBING

3 Eye-Catching Features of Big data Might be the Real Problem

CIOAdvisor Apac | Wednesday, November 13, 2019
Tweet

Big data has caught the attention of business owners as a lucrative technology. But, has it been fully understood? As common features of Big data are resulting in increased expenses and decrementing the quality of the company. 

FREMONT, CA: Big data is said to be a lucrative business strategy, but not all businesses implementing it are set to thrive. Certain key features are often misinterpreted, resulting in errors that invariably creep in. To assist the identification of such standard features, the main factors have been highlighted and briefly discussed to prime up the new business owners or startups.

Excess Data:

The collection of every piece of information, and assembling it for mining the entire volume is a recipe for disaster. The main idea is to be selective and analyze the type of large datasets that the mining should be carried out for and what the customer ultimately wants. According to a survey by Big Data Executive, almost 85 percent of enterprises target to be data-driven, out of which 37 percent is the number of successes. Data saturation is a complex problem, resulting in more unstructured data to deal with.

Poor Data Quality:

Gartner has reported that the total value of the poor data quality costs companies almost $15 million per year. This is the price to be paid for following messy practices and deals with unstructured data collection practices. It is also observed that the situation can become much worse if the sources of data are complex, unstructured, and massive in volumes. This feature not only affects the financials of the enterprise but also causes a detrimental effect on its quality producing useless data.

It is vital to invest in a systematic collection of data and maintain the quality as well. Big data can only be the future of smart businesses only when the good quality of data is used, to begin with.

Overestimating Predictive Analysis:

Predictive analytics is one of the promising features of big data for new businesses. It is a unique method of recognizing patterns and constructing algorithms to generate models that assist in better performance for personalization services. But the expectations need to be maintained at a realistic scale from the Big data projects and needs to be reinforced with human intellect and business knowledge. , and that context should be factored while designing the action plan.

See Also:

Top Big Data Solution Companies

tag

Predictive Analytics

Startups

Featured Vendors

  • MVI Technologies: Innovative, Future-proof Financial and Payment Switching
    MVI Technologies: Innovative, Future-proof Financial and Payment Switching
  • DATAMARK: Process Driven Solutions in Action
    DATAMARK: Process Driven Solutions in Action
  • IMACREA: Shaping the Future of Teleworking
    IMACREA: Shaping the Future of Teleworking
  • PuzzleBox BPO, Inc.: A Hybrid Platform for Customer Support and Sales Empowerment
    PuzzleBox BPO, Inc.: A Hybrid Platform for Customer Support and Sales Empowerment
ON THE DECK

Read Also

Safeguarding Quality through Proactive Risk Management

Cultivating a Culture of Agility: Nurturing Adaptability for Organizational Success

Governance for Smarter KPIs: Enhancing Performance Measurement

Embracing the Irreplaceable Human in Business and Beyond

Leveraging Gamification for Deeper Financial Engagement

Generative AI: The Game-Changer Automates Marketing For The Retail Industry

Loading...

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2025 CIO Advisorapac. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap

follow on linkedinfollow on twitter
This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://www.cioadvisorapac.com/news/3-eyecatching-features-of-big-data-might-be-the-real-problem-nwid-1682.html