Undoubtedly, the Big Data field is steadily on the rise. As in IDC’s latest research, the global spending on Big Data and business analytics solutions is estimated to surpass USD$350 billion by 2025. In addition to that, the China’s 14th Five-Year Plan has sure enough implied the potentials of Big Data. Getting to know the power of Big Data helps enterprises to grasp opportunities on digital transformation journey.
Big Data is characterized by 5V: Volume, Velocity, Variety, Veracity and Value. Amongst them, the term “value” here may seem ambiguous. Finding valuable data amidst a sea of unorganized data is no difference from finding a needle in a haystack, not to mention relying solely on the technical resources of enterprises. Innovative technologies should be in place to help processing specifically valuable data and accelerating digital transformation.
In view of this, artificial intelligence is the answer to deriving authentic actionable insights. Through machine learning, enterprises can deploy the powerful analyzing capabilities of AI to perform correlation data analysis for identifying regular operation patterns and detecting anomalies that impact business operations.
With the robust computing capabilities of intelligent algorithms and artificial intelligence, data can be collected from a wide range of sources and then consolidated on cloud platforms, adding with searchable metadata and collections, enabling efficient data analysis and mining its hidden values.
The benefits of using Big Data analytics seem limitless. We should not overlook the importance of analyzing capabilities and intelligence in extracting insights. Not all enterprises can exploit their internal resources for Big Data analysis due to insufficient data literacy, but they may consider hiring a trusted service partner to help introduce intelligent analysis tools and algorithms to assist their business decisions.
Under the latest intelligent and technology-driven ICT-MiiND strategy, CITIC Telecom CPC enables digital businesses with a series of innovative offerings including AR-driven remote operation and maintenance services, intelligent networks fused with AI, Big Data analytics and SD-WAN technologies, analytic-driven cybersecurity and cloud data technology. Integrating innovative technologies and extensively applying data analysis, enterprises can follow market trends and advance decision-making to create new business vales.
CITIC Telecom CPC strives to converge innovative technologies into ICT services, enabling enterprises to accelerate business transformations. Please feel free to contact our professional team to explore more about our intelligent innovative solutions and capture the imminent opportunities.
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