Big data and business intelligence have always played a crucial role in mobile application development. According to consumers demand getting immediate access and insight into the “mobile moments”— for getting key points on time where context and real-time data ignites decision-making, prompts a buyer to purchase opportunities and allows companies to maintain brand consistency across devices. Enterprises need immediate data from a wide range of sources in order to fuel the processes by combining big data and analytics. In this piece of article, we will focus on global supply chain management (“SCM”) in order to explain how connection between big data and analytics results in building more efficient business processes. Let’s take a look at the scope of big data, as well as the challenges it brings with itself:
- Firstly, the size of big data itself is overwhelming. We are already speaking of petabytes and zettabytes, that means we are approaching the era of the yottabyte, which is 10 raised to the power of 24 bytes.
- Secondly, this data avalanche includes immensely huge unstructured data that cannot be stored in a conventional database. Examples include Word documents, videos, PowerPoint, telecommunications and presentations.
- Thirdly, the Internet of Things (“IoT”) contributes more big data than any other source. , the IoT is growing exponentially with user-centric sensors that can be wore in our wristbands, street corners, cars and geolocation systems.
Business Intelligence And Global Supply Chain Management
As we have discussed earlier as well in the title of this piece, that we will evaluate the big data and mobile app development in the context of SCM. The issues that it faces – its myriad, globally dispersed actors; and the requirement for data worldwide to make immediate and strong use cases.
We have heard stories about pre-CEO Tim Cook, who has mastered the Apple’s supply chain including Cupertino could develop and deliver any product within four days. Through this effort, Cook’s inspired and exceptional bilateral relationships helped in controlling the supply of key parts to competitors. And, finally, Cook got it right, and Apple profited outstandingly.
Impact of Big Data on Mobility
In recent years, number of smartphone and tablet users have increased tremendously and people are actually relying and depending upon the smartphone and other mobile gadgets for their day-to-day tasks. Now searching on the web has become an entire mobile activity. Even businesses and brands are counting on the mobility trends for meeting their objectives in order to to make a huge impact and find a niche to affect their marketplace enormously and positively.
In recent times, Big data has expanded enormously in this huge market. According to IDC stats – the big data market is growing enormously. However, the growth is a bit sporadic after 2015. But in the coming years, Big Data is expected to grow at an exponential rate. Mobility is offering numerous opportunities and driving the incidence of multiple innovations to efficiently manage data. IoT and automation too are also some of the technologies that are affecting gadgets and the products we use. In the world of smart mobility where about 5 billion people are calling, texting, and tweeting worldwide, we can expect numerous trends to spring out from the scenario.
Summing It Up
We can see the that in coming years, statistics and the burgeoning amount of data is going to be difficult to handle. And, that’s why it is required for businesses to wisely opt the ways to store data. As it is going to be quite cumbersome. Businesses are required to churn out the information with strict retention policies in place.