“If we have data, let’s look at data. If all we have are opinions, let’s go with mine.”
– Jim Barksdale, former CEO of Netscape Communications Corporation
Globally, Data Analysis is the definer of business environments! From studying customer behaviors to facilitating easy access of data, and from effective data management to cutting down discrimination in the workplace; there is a huge scope of improvement with the help of Data Analysis. As per industry estimate, the 4.4 trillion gigabytes of data currently in the digital world must reach 44 trillion gigabytes by 2020. This expansiveness of data and the need to deal with it, world over, has given birth to the term Big Data. The term has gained wide usage in context to the use of predictive analysis and advanced techniques for extracting value from data
As an indispensible element, Data is driving most setups and it becomes crucial to meet the ever increasing demand for Data Analysts and Experts. While most domains can benefit from a futuristic data-utilization methodology; the advantages can be evidently seen in flourishing spheres like Security, Infrastructure & Storage, and Data Management. What may come to you as a surprise is that even political associations have been reaping big time benefits from Big Data analysis; with several parties having won state-wide election polls as a result. Looking at the monetary prospects, professionals with Big Data expertise earn a median salary of $104,850 a year. The demand for Data Analysts will continue to surge, with an emphasis on those who have Big Data skills. This is because the volume of data is rising exponentially and only Big Data techniques will be able to deal with its large bandwidth and increased complexity.