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The Eclectic Mix of Big Data and Marketing

The-Eclectic-Mix-of-Big-Data-and-Marketing

Marketers with even rudimentary knowledge of Big Data are better placed to precisely reach the largest amount of potential target customers than their counterparts who are uninitiated to the world of Big Data. Good marketers know the customers they target very well. Big Data facilitates this process.

The collection of data and its storage into separate data banks is simply a process part in acquiring raw data. This data should be reproduced in such a manner that marketers are able to easily grasp. And with the impending explosion of IoT devices, the amount of data too is expected to increase by leaps and bounds.

Marketers need to analyze the data available to them very carefully. The process involved is a complicated one which requires the use of specialized software tools.

This is where a translation management system comes into play. These tools may readily be used in order to get the desired insight from the vast pool of data available. Applications like these have made the process so simple that some people who are using it on a daily basis are even unaware that they are dealing with Big Data.

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Big Data Uses in Marketing

  • Honing Market Strategy Through Monitoring Trends Online

You may use tools as simple as Google Trends to keep abreast of the latest trends in the world of the internet. With a number of ways to customize and filter the results marketers have an easy access of that is trending at any instant and associate the product in ways that let it have increased traction.

  • Define Customer Profiles With Big Data

It is a good idea to consult Big Data while drawing up your ideal profile of customers. There is no more need to make educated guesses with things as they stand of today. Through the use of Big Data marketers have access to the various details like demographics, age, work profile of the consumers they target. The case study of the Avis Budget may be cited where it was found that Big Data facilitated the formation of an effective contact strategy.

  • Engaging the Buyer at the Correct Time

Timing, according to some marketers, of the essence when it comes to marketing. This process too is facilitated by Big Data which makes relevant and timely marketing strategies possible. We may take the case of displaying mobile ads at timings when the customer is most like to be online.

  • Content That Boosts Sales

Big Data also lets marketers know the content that gives them the extra edge when it comes to marketing their products. Some of the tools used in translation management make such an analysis possible with scores on individual pieces of content. Success and efficiency of assets both may be gauged through the use of such tools. With the required information marketers will be able to pinpoint content that customers liked.

  • Predictive Analysis

If the base CRM information of a particular company and other providers of Big Data is taken into account the marketer may get a predictive lead score which in turn may be used to make an accurate prediction of the behavior of leads in the future. The end result is that marketers acquire an indication of considerable clarity on their digital behaviors and should be taken into account more when considering lead scoring.

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Now, do not both of them make up an eclectic mix.

 

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The Worst Techniques To Build A Predictive Model

While some of these techniques may be a little out of date and most of them have evolved over time greatly, for the past 10 years rendering most of these tools completely different and much more efficient to use. But here are few bad techniques in predictive modelling that are still widely in use in the industry:

 

Predictive Model

 

1. Using traditional decision trees: usually too large decision trees are usually really complex to handle and almost impossible to analyze for even the most knowledgeable data scientist. They are also prone to over-fitting which is why they are best avoided. Instead we recommend that you combine multiple small decision trees into one than using a single large decision tree to avoid unnecessary complexity.

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Decades On, SAS is Still the Market Leader

In the 2016 February report by Gartner, SAS bagged the top slot in its execution ability and was once again placed in the quadrant of leaders in the Magic Quadrant for Advanced Analytics Platforms.According to the description, as provided by Gartner, advanced analytics involves various sorts of data analysis through the use of quantitative methods of great sophistication like machine learning, statistics, simulation, data mining in its both predictive and descriptive forms as well as optimization.

 

Decades On , SAS Still The Leader

 

The goal is come up with insights that are unlikely to be discovered through approaching business intelligence traditionally like query and reporting.

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Things To Be Aware Of Regarding Hadoop Clusters

Hadoop is being increasingly used by companies of diverse scope and size and they are realizing that running Hadoop optimally is a tough call. As a matter of fact it is not humanly possible to respond to the changing conditions in real time as these may take place across several nodes in order to fix dips in performance or those that are causing bottlenecks. This performance degradation is exactly what needsto be critically remedied in cases where Hadoop is deployed on large scales where Hadoop is expected to deliver results critical to your business in the proper time. The following three signs signal the health of your Hadoop cluster.

 

hadoop clusters

 

  • The Out of Capacity Problem

The true test of your Hadoop infrastructure comes to fore when you are able to efficiently run all of your jobs and complete them within adequate time. In this it is not rare to come across instances where you have seemingly run out of capacity as you are unable to run additional application. However monitoring tools indicate that are not making full use of processing capability or other resources. The primary challenge that now lies before you is to sort out the root cause of the problem you have. Most often you will find them to be related to the YARN architecture that is used by Hadoop.YARN is static in nature and after the scheduling of jobs the process of adjusting system and network resources. The solution lies in configuring YARN to deal with worst case scenarios.

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Using Hadoop Analyse Retail Wifi Log File

Since a long time we are providing Big Data Hadoop training in Gurgaon to aspirant seeking a career in this domain.So, here our Hadoop experts are going to share a big data Hadoop case study.Think of the wider perspective, as various sensors produce data. Considering a real store we listed out these sensors- free WiFi access points, customer frequency counters located at the doors, smells, the cashier system, temperature, background music and video capturing etc.

 

big data hadoop

 

While many of the sensors required hardware and software, a few sensor options are around for the same. Our experts found out that WiFi points provide the most amazing sensor data that do not need any additional software or hardware. Many visitors have Wi- Fi-enabled smart phones. With these Wifi log files, we can easily find out the following-

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Big Data Strikes The Healthcare Industry With Carolinas Healthcare

big data courses in gurgaon
A representative from the administrative section of Carolinas Healthcare recently revealed that they are huge fans of Big Data and are extensively harnessing this convenient technology to leverage the quality of facilities they offer their patients.

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Carolinas healthcare is a Charlotte – based firm which is extensively using this new form of data analysis technology at their very own data warehouse to evenly distribute its population of medical treatment seekers. This is helping them make the right choice in finding the most unique cases for their patient base. They are now able to take into consideration various segments that were ignored initially due to the systemic lack in the infrastructure of data management. Now they are counting segments like,environmental and geographical conditions in relation to diseases and are dividing them into segments for better efficiency in determining trends and patterns.

They hope to draw useful conclusions from such studies and to be able to make predictions so that they can minimize readmissions, inappropriate use of emergency aids and take care of the hospitalization procedures.Dr. Michael Dulin M.D. spoke on their latest venture by saying, “It is our firm belief at CHS that to deliver the best hospitalization and healthcare facilities to our patients, we need to make appropriate use of the huge amounts of data that is generated in the healthcare industry”. He is the chief clinical officer at the firm, Dickson Advanced Analytics Group which goes by the name DA2. The unit which was launched back in 2012 and is in its budding years currently. But already comprises of 130 experts who are all working together to make better use healthcare data which is a mountainous amount to begin with. It is of no doubt that Big Data is being of good use to the healthcare industry and there are glorious future prospects for experts concerned with this field, globally.

Dr. Michael further added, that “Taking into considerations the data on genomics, environmental poisons, lab results, demographics, physician’s notes and other data generated based on patients will provide them with the much needed insight required to tighten and personalize the world of health care.

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Current statistics suggest that the data generated in the healthcare world every two years is almost doubling every two years. This is the same for CHS. Thus, it is evident that CHS and other healthcare organizations will require using advanced data mining tools and use statistical methods to cope and thrive in the market.

 

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Big Data And The Internet Of Things

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The data that is derived from the Internet of Things may easily be used to make analysis and performance of equipment as well as do activity tracking for drivers and users with wearable devices. But provisions in IT need to be significantly increased.Intelligent Mechatronic Systems(IMS) collects on an average data points no fewer than 1.6billion on a daily basis from automobiles in Canada and U.S.

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The data is collected from hundreds of thousands of cars that have on board devices tracking acceleration, the distance traversed, the use of fuel as well as other information related to the operation of the vehicle.This data is then used as a means of supporting insurance programs that are based on use.Christopher Dell, IMS’s senior director recently stated they they were aware that the data available were of value, but what was lacking is the knowledge on how to utilize it.

But in the August of 2015, after a project that lasted for a year, IMS added to its arsenal a NoSQL database with Pentaho providing tools related to data integration and analytics. This lets the data scientists of the company increased flexibility to format the information. This enables the team of analytics to make micro analysis of the driving behavior of customers so that trends and patterns that might potentially enable insurers to customize the rates and policies based on usage.

In addition to this the company further is pursuing an aggressive growth policy through asmartphone app which will further enhance its abilities to collect data from vehicles and smart home systems making use of the Internet of Things.Similar to the case of IMS, organizations that look forward to analyze and collect data gathered from the IoT or the Internet of Things but often find that they need an upgrade of their IT architecture. This principle applies to enterprise as well as consumer sides of the IoT divide.

The boundaries of business increasingly fade away as data is gathered from fitness trackers, diagnostic gears, sensors used in industries, smartphones. The typical upgrade includes updating to big data management technologies like Hadoop, the processing engine Spark,NoSQL databases in addition to advanced tools of analytics with support for applications drivenby algorithms. In other cases all it is needed for the needs of data analytics is the correct combination of IoT data.

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Join DexLab Analytics’ Big Data certification course and kick start your career in the rapidly developing sector of data science.

 

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The Role of Big Data in the Largest Database of Biometric Information

BIG DATA

Aadhaar project from our very own India happens to on the most ambitious projects relying on Big Data ever to be undertaken. The goal is for the collection, storage and utilization of the biometric details of a population that has crossed the billion mark years ago. It is needless to say that a project of such epic proportions presents tremendous challenges but also gives rise to an incredible opportunity according to MapR, the company that is serving the technology behind the execution of this project.

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Aadhaar is in its essence a 12 digit number assigned to a person / an individual by the UIDA , the abbreviated form of “Unique Identification Authority of India” The project was born in 2009 and had former Infosys CEO and co-founder Nandan Nilekani as its first chairman and the architect of this grand project which needed much input in terms of the tech involved.

The intention is to make it an unique identifier for all Indian citizens and prevent the use of false identities and fraudulent activities. MapR which is head-quartered in California is the distributor and developer of “Apache APA +0.00% Hadoop” has been putting into use its extensive experience in integrating web-scale enterprise storageand real-time database tech, for the purposes of this project.

According to John Schroeder who is the CEO and co-founder of MapR, the project presents multiple challenges including analytics, storage and making sure that the data involved remains accurate and secure amidst authentications that amount to several millions over the course of each passing day.Individual persons are provided with their number and a iris-scan or fingerprint is taken so that their identity might be proved and queried to and matched from the database backbone to a headshot photo of the person. Each day witnesses over a hundred million verifications of identity and all this needs to be done in real-time in about 200 milliseconds.

India has a percentage of rural population many of which are yet to be connected to the digital grid and as Schroeder continues the solution had to be economical and be reliable even under low bandwidth situations and technology behind it needed to be resilient which would work even with areas with low levels of connectivity.

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For more information on big data and big data hadoop courses, peruse through the official site of DexLab Analytics. It is a major Big Data Hadoop institute in Gurgaon.

 

Source: Forbes

 

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Sure shot Ways to Crack Big Data Interviews

Sure shot Ways to Crack Big Data Interviews

If you are a Big Data analyst looking for open position in the entry to mid level range of experience then you should prepare yourself with the following resources in your arsenal before you storm an interview with all guns blazing.

  • Adequate Expertise of Analytical tools like SAS for the processing of data

Make sure that you assign most of the time you have set aside for the preparation of your upcoming interview to brush up your knowledge regarding the tools of analytics that are relevant in your context. Ensure that you acquire proficiency in the analytics tool of your choice. For positions of junior levels the importance of expertise with a particular analytical tool like Hadoop, R or SAS cannot be overstressed. In such circumstances the focus centers around data preparation and processing. It is highly advisable that you review concepts related to the import and manipulation of data, the ability to read data even if it not standard say for example data whose input file types are multiple in number and mixed data formats. You also get to show off your skills at efficiently joining multiple datasets, selecting conditionally the observations or rows of data, how to go about heavy duty data processing of which SQL or macros are the most critical.

  • Make a Proper Review of End to End Business Process

This is most relevant towards candidates who have prior experience at working in the Big Data and Analytics industry. Prior experience inevitably gives rise to interviewers wanting to know more about the responsibilities that you shouldered and your role in the business process and how you fitted in the context of the broader picture. You should be able to convey to the interviewer that the data source is understood by you along with its processing and use.

  • A solid concept of the rudiments of statistics and algorithms

Again this tip is also for those with prior experience. Recruiters seek to know whether you are aware of issues likely to be faced by you while you confront problems regarding data and business. Even freshers are expected to know the fundamental concepts of statistics like rejection criteria, hypothesis testing outcomes, measures of model validation and the statistics related assumptions that a candidate must know about in order to implement algorithms of various sorts. In order to crack the interview you must be prepared with adequate knowledge of concepts related to statistics.

  • Prepare Yourself with At Least 2 Case Studies related to Business

The person on the other side of the interview table will undoubtedly try to make an assessment about your knowledge as far as business analytics is concerned and not solely to the proficiency you command in your tool of choice. Devote time to review projects on analytics you already have worked on if you have prior experience. Be prepared to elucidate on the business problem, the steps that were involved in the processing of data and the algorithm put into use in the creations of the models and reasons behind, and the way the results of the model was implemented. The interviewer might also ask about the challenges faced by you at any stage of the whole process, so keep in mind the issues faced by you in the past and their eventual resolution.

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  • Make Sure that Your Communication Remains Effective

If you are unable to effectively communicate then no much diligent preparations you make, they will be of no use. You can try out mock interviews and answering questions that the recruiter might ask. Spare yourself of the trouble of framing effective answers at the moment when the question is asked during an interview. Though you perhaps will be unable to anticipate each and every question, nevertheless but prior preparation will result in better and more coherent answers.

 

Interested in a career in Data Analyst?

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