Jun 18, 2015 -- Though the word data signifies mere piece of information, dynamics have changed rapidly which transformed data into ‘Next Big Thing’ of the century. Yes, you guessed right folks, I meant big data which is driving magnificent revolution not only in IT industry but so many other technology based industries such as Telecom, Banking, E commerce and the list goes on. Before we dive into ‘Challenger Deep’ of big data, we must understand what big data is.
As the name signifies, big data refers to the inexhaustible source of data which is being collected from advertising, internet search as well as social media and it also denotes access, process and analyze of big data. Many organizations have been gearing up to enhance their capabilities in order to utilize big data, hence Oracle, Yahoo, Google, Facebook etc have made tremendous efforts.
Big data architecture is an advanced discipline which deals with data science, analytic and technology solution. What big data grants to the organization is an insight and forecast through the analysis of the data provided. Such insights are immensely vital for any sort of organization as they enable firms to be prepared for futuristic situations. As we know there are enormous sectors those get boosted brilliantly under the influence of big data, to be specific, construction trade is not an exception amongst them.
From managing constriction data to pre-constriction survey big data can be and nowadays exists at every level of the process. Apart from producing tons of cement concentrates they also produce tons and trillions of data pertaining to the constructions such as computer aided designs, catalogs, modules, reports etc.
All these things fall within Big data and hence those giant construction companies out there which work on numerous projects simultaneously, can make use of Big data solutions for processing and analyzing this information.
Furthermore, they have to proceed and analyze this data.
Processing of big data is not as smooth as it sounds; in fact it requires specific means which is capable of undertaking this magnificent task. Big data solutions facilitate with the systems, efficient enough to process the data in real-time with supersonic speed. Construction companies achieve tremendous accuracy once they extract the predictions from big data as they manage their schedule and act according to the predictions. So we narrow it down to one point which is that, big data substantially reduces risk for constriction trade.