It’s mid-2016 and a data revolution seems to have begun. Thanks to IoT, Big Data, Cloud Computing, Social Data and many similar automation technologies; we are creating huge data silos in different corners of the earth with significant gaps.
So what happens if we leave these data silos untouched? Nothing. Nada. The data silos will just pile up in the large byte universe. The world still continues to function as it is. But what if, what if we explore this data? What can we get out of it?
Firstly, we need to identify the numerous data silos that we are creating. By identifying the data hubs, we will be able to interlink the hubs on the basis of generic categories. Interlinking these isolated data silos into a consolidated environment will further allow us to trace links within the data thus enabling us to map the data with each other. While mapping the data is not an easy task but it is not impossible either. Mapping the relevant data helps us:
- Analyze & create patterns within the data
- Gather visual actionable data
- Learn trends within your data
- Implement new tweaks in your processes
With the help of actionable data, we get to tweak our existing strategies and organize ideas in order to expand our business reach within our existing customers whilst acquiring new customers with improvised methodologies.
Unlock the fortune in your data with the right mix of technology and an enterprise solution. What is your view to get the best out of your unused data? Share your views in the comments below.