In a recently published infographic by IconicMind, a multi-purpose internet, network and software company, “big data” is explored and what it means to businesses both small and large.
Douglas Merrill once said that “with too little data, you won’t be able to make any conclusions that you trust. With loads of data you will find relationships that aren’t real… Big data isn’t about bits, it’s about talent”.
Big Data refers to information that is ever increasing, including volume, velocity, variety, variability and complexity.This data is associated with storing and analyzing huge data sets to support a superior level of decision-making that drives not only accuracy for target markets, but also time management, customer segmentation, and real-time marketing.
This type of data can help bring in many more clients and sales, and thus is important for businesses owners to understand. According to the press release, when it comes to big data, three billion people create 8 zettabytes of data, which leads to a 60% percent increase on marketing analytics over the next three years.
Marketers are coming to terms with how to use big data and analytics to better target consumers. In doing so, they often face certain challenges at increasing velocity rates.These challenges include capture, curation, storage, search, sharing, transfer, analysis, and visualization.
IconicMind released this informative infograph to give marketers and dea about big idea and how valuable it can be when marketing a brand or product to the world. It is estimated that 71 eprcent of marketers will implement this big data analytics solution in the next three years. To learn more about becoming part of the stastic, visit IconicMind.com
Iconicmind (http://iconicmind.com/index.php) provides web design, custom intranet applications, as well as network for small and large environments and troubleshooting on and off-site for your business and websites. No matter what services you need, Iconic Mind offers the professional skills individuals and companies like yourself need to work more efficiently.
Distributed by Iterate LLC
Company Name: IconicMind.com
Contact Person: Benjamin Wrights
Country: United States
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