Why Big Data?
We have answered this question in two different ways, the small and the detailed one. The quick answer will give you a brief idea about the reputation of Big Data in today’s world and another one will tell you the top 4 reasons behind the reputation of Big Data.
Hence, let us find out the answer to why Big Data.
Brief Answer:
Big Data has already been the focal point of the IT world. It’s on each and everyone’s mind. Big Data Analytics has become popular at a rapid pace. It is one of the biggest axioms around at the moment and it is taking the world by storm and will influence everyone’s life. It will change our view of everything.
Let me take this article to help you clarify the major reasons behind the top reputation of Big Data and you will recognize why it is the right time to learn Big Data.
Now let’s have a look at the detailed answer to Why Big Data
Detailed Answer:
In this, we are reporting the value of Big Data, the reputation of Big Data, and the significance of Big Data in business.
What is the Value of Big Data in the current world?
The significance of Big Data these days is growing briskly and it can also leave the internet behind. It is pointless to say that Big Data has already taken the world by storm because of its numerous benefits. Big Data is helping several firms in creating cutting edge technologies that enable them to provide superior customer services.
Data, if used properly, can be a decisive factor of success or failure in any business. Big data is like a gold mine for businesses of all kinds. The data surge the world is undergoing currently is like a blessing in front of all the businesses around the world. They just have to utilize it correctly.
Why Big Data is Popular?
As specified before, the Big Data market is growing very fast and will be the same for years to come. Big Data has captured every domain of the world and will surely rule the IT world for the next few years. Big Data’s reputation is ultimate and it has shown no signs of slowing down yet.
Top reasons behind the popularity of Big Data
Below are the four reasons that will tell you why big data is popular worldwide :
- Better career opportunities
- Higher salaries
- Adoption of big data by various companies
- Exponential growth of the big data market
1. Better Career Opportunities
Why Big Data??? Here is the first reason that is better career opportunities. Big Data professionals are the ones in most demand in today’s market. Big Data is one of the most recent career options right now. The reason behind it is the mammoth amount of data that is been generated repeatedly. As the race in the market is so high and as it becomes rigid, several companies are moving towards Big Data Analytics t0 identify new market opportunities. Most companies are hiring professionals to evaluate this data to gain a better understanding that would further help their company to grow.
With constant sackings in the IT Industry, the future seems to be bright for new job aspirants and the existing employees as well. And that’s why the IT Professionals have to acquire new skills under their line to stay blooming in this progressing IT world.
According to research, the reasons for these sackings epitome shift and digital transformation, due to which older technologies are becoming old-fashioned.
In dissimilarity to these sackings, IT companies are in search of Big Data Professionals. Big Data will propel top job opportunities in the coming years.
2. Higher Salaries
Why Big Data professionals get better salaries? The space between the increasing demand and not enough supply of Big Data professionals is the biggest reason behind the better salaries for them. The salary that a Big Data professional gets are surprising. A Big Data professional gets more salary than the normal salary of other professionals. Due to the lack of Big Data professionals, companies are paying them heavy salaries if they are technically good and according to the current salary trends, the salary would grow exponentially. This salary tendency can merely attract students to learn Big Data.
3. Adoption of Big Data by various Companies
I’ll tell you the fact about Why Big Data is implemented by various companies? As the competition in the market is setting off, the implementation of Big Data by several organizations is also progressing quickly. The majority of the firms are now changing to Big Data Analytics. Big Data is not only fixed to technological fields but it is also extending across a bunch of sectors such as the education field, healthcare sector, Government sectors, manufacturing industries, etc. In the next few decades, almost every industry would be implementing Big Data Analytics.
Big companies like Google, Amazon, Uber, Accenture, IBM, and many more are in search of Big Data Professionals.
4. Exponential Growth of Big Data Market
Big Data market is expected to grow exponentially and has shown no clues of slowing down yet. Big Data Analytics is now a top priority for several organizations as they see it as a probable weapon to boost the overall growth of their organization.
Interesting facts of Big Data –
As per Wikibon, International Big Data market revenues for software and services are estimated to increase from $56B in 2020 to $103B in 2027.
According to an Accenture study, 79% of enterprise executives agree that companies that do not hold Big Data will lose their good position and could face elimination.
Now after knowing the value of Big Data and Why Big Data is popular get yourself familiar with the Importance of Big Data in business.
Why Big Data is important to business?
Nearly every company these days is fixed to Big Data and analytics because of various reasons. It is helping in boosting the overall growth of the organization. Organizations have seen surprising business results from their attempts in Big Data. The benefits of Big Data are abundant. The benefits Big Data serves are tough to ignore and one who does may fall behind in the contest. The more quickly companies take in their worth, the better it is for them. Big Data and analytics are as key as anything else for them.
Conclusion
This is the prominent time for you to learn Big Data. If you are looking for a chance as a fresher, or want to develop your skills for switching your profile, Big Data is the solution to all your problems. In this time of decline in the IT industry, you can get back to life by learning Big Data. This is the upgrade you need to promote your career.
We trust both the brief and detailed answers were helpful to you guys.