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Jun

What are the 4Vs of Big Data?

The 4Vs of Big data include- volume, variety, veracity and velocity

Jun

How can my business benefit from Big Data?

Any business can reap benefits from the big data in 5 ways. These include- cost savings, timely reductions, development of newer products, understanding of the market conditions and controlling the online reputation of the business

Jun

Why Big Data?

ESDS

Big Data analytics help the organizations to harness their data and use this data for identifying newer opportunities. This results in smarter business moves, efficient operations, higher profit volumes and most importantly the happy and satisfied customers.

Jun

What is Big Data?

ESDS

Big data refers to the ways for analysing, systematically extraction of information from or even deal with those data sets that are either too large or complex to deal with by the use of traditional data-processing application software

Jun

What is a digital transformation initiative?

ESDS

A digital transformation initiative is used for providing a unique insight to the impact of newer technologies on the business and the society at large.

Jun

What is the ultimate goal of digital transformation?

ESDS

The ultimate goal of digital transformation lies in the ability to act quickly and react to the dynamic data, competitive conditions as well as strategies that are fast enough for competitively successions.

Jun

Why is digital transformation important to any organization?

ESDS

These days, the digital technologies are helping in changing the face of any business and this change is enabling the acceleration at a faster pace of transformation within the organizations. The digital transformations in any business are often influenced by three major factors- innovations in technology, the customer behaviour and...

Jun

How is digital transformation shaping industries?

ESDS

Digital transformation creates newer opportunities for innovation across different industries. A complete reinvention of products, services and experiences are being delivered to the market across different industries

Jun

What are some barriers to Digital Transformation?

ESDS

Some of the major barriers faced but the firms towards digital transformation could include- 1)Data privacy and cybersecurity 2)Lack of right set of in-house skill sets 3)Changes in regulations or legislative 4)Weak digital governance

Jun

How can I make my Digital Transformation a success?

ESDS

Successful digital transformations require a series of multiple strategies and methods. These are strongly defined in case of any business process management, a comprehensive organizational change management strategy, firm executive sponsorship and technological creativity and objectivity. The various types of initiatives could involve more risk and change than a more...

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