Learn How to Handle Big Data Analytics Challenges by Applying the Right Metrics
In this
digitalized world, the amount of data produced by large business organizations
is growing at a rapid pace. Today, every large company is struggling to find
ways to store, manage, utilize, and analyze the data. Furthermore, you would be
astonished to know that the data produced by large business enterprises is
growing at the rate of 40 to 60% per year. However, simply storing this massive
amount of data won’t be useful for your business. This might be the reason why business
enterprises are looking at options like building data lakes and using the
latest tools and technologies that can help them in handling big data analytics
challenges to a great extent. With no further ado, let’s take a quick look at
some big data analytics challenges faced by large business enterprises and how
to overcome them.
1. Handling voluminous data in less time
Handling the
data of any large organization is a challenge in itself, but when it comes to
handling voluminous data in a short span of time, the task becomes even more
challenging. Though options like building data lakes are used by enterprises to
collect and store a large amount of unstructured data in its native format.
However, the problem is that when a data lake/ warehouse try to combine the
unstructured data from diverse sources, it encounters errors. Also, we know
that critical business decisions need to be taken instantly and effectively and
for that, it is important to have a strong IT infrastructure, which is capable
of reading the large sets of data faster and deliver real-time insights. To
overcome this challenge, we suggest you use Apache Hadoop’s MapReduce that is
helpful in splitting the data of the application into several small fragments.
This process makes the data scalable.
2. Visual representation of the data
Another big
challenge is the visual representation of the collected data. Handling
voluminous data and then representing that data in a visually attractive form
could be a challenging task. To handle
this problem, you may represent the data in the form of charts, graphs,
dashboard, or any other format that makes it easily readable and understandable
by the audience.
3. Dearth of professionals who understand big data
analysis
The analysis of
the data is vital to make this voluminous amount of data produced by your
organization, useful. With the rise of
data, a great demand for big data analysts has been generated in the job
market. However, there is not enough
talent in the market. In other words, there is a shortage of professionals who
understand the big data analytics. What you can do is organize corporate
training in data analytics to upskill your existing workforce and bridge
the talent gap in your organization.
This is how you
can handle the challenges of big data analytics in your organization. If you
also know some other ways, don’t forget to share with us.
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