Snap Analytx, A New Space for Sharing Big Data: A Wisitech Success
March 7, 2016
Wisitech recently developed the website of Snap Analytx, an innovative way to share pre-built prediction models and build space for sharing big data.
Snap Analytx: Share your prediction models with the world
To position a start-up as an exciting, new space for sharing big data, especially in a market dominated by IT mammoths like IBM, Oracle, SAS and Microsoft.
Sample big data seamlessly integrated into responsive website with real time data calling from remote server.
Professional, appealing design conforming to international usability standards
Advanced jQuery, Responsive design, HTML5, CSS3
What is Big Data?
Big data is a term for data sets that are so large or complex that traditional data processing applications are inadequate. Challenges include analysis, capture, data curation, search, sharing, storage, transfer, visualization, querying and information privacy. (source: Wikipedia)
The Importance of Big Data
Companies of all sizes are making big data a top priority.
In a Forbes.com
article, technology writer Gil Press said, “Big data adoption is rising but it’s still not in production everywhere.”
Quoting surveys by Management consulting firm NewVantage Partners (NPV) and IT industry association CompTIA, Press said, “NVP found that 62.5% of firms have at least one instance of big data in production, up from 31.4% in 2013 and 48.2% in 2014. Only 5.4% of firms now report that they have no big data initiatives planned or underway. 51% of the companies participating in the CompTIA survey said they have some form of big data initiative in place, up from 42% in 2013.”
“The amount of digital data being managed and utilized by businesses is growing at an impressive rate. Companies of all sizes are making it a top priority, relying on insight culled from this data to help steer day-to-day operations, enhance their understanding of the consumer and feeding it into various business metrics.”
Asia leads in generating revenue from Big Data
Research released by the Economist Intelligence Unit reported that 60% of the professionals they quizzed feel that data is generating revenue within their organizations and 83% say it is making existing services and products more profitable.
After surveying 476 executives from around the world, it found that those based in Asia are leading the way – where 63% said they are routinely generating value from data. In the US, the figure was 58%, and in Europe, 56%. (Source: Forbes.com)
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