SoftElegance sponsored the ITO & BPO Germany Forum and presented “Big Data – The Future Of Software Development” session
23 of April 2015 SoftElegance participated as a sponsor and speakers at the ITO & BPO Germany Forum, the only international industry event in Germany that focuses on onshoring and nearshoring services preferred and shows opportunities to optimize these existing models and solutions.
The speakers are Andrii Stolbov, CEO of SoftElegance, who has founded the company in 1993, with the specialization in custom software development, mainly of sophisticated business software, and Andrii Starzhinsky, VP of Marketing, who joined the company more than 5 years ago, with the aim to provide innovative software development outsourcing services to German speaking countries, the Netherlands and Scandinavian markets. Both speakers are currently researching Big Data challenges, and practical aspects of implementing the new technologies at custom applications and Enterprise.
Big data market is estimated up to 40 billions of Euro, according to IDC through 2018. Till 2020 it would create 4.4 millions of IT jobs internationally. And the volume of business data, across all companies, doubles every 15 months. Every day it generated 2.5 exabytes of information, or 2.5 Millions of Terabytes.
Please find the slides at:
Big data today – it’s just data tomorrow
The Big Data term initially came from Gartner’s analyst in 2001. It concern to 3V – Volume, Velocity, and Variety of information assets that require new forms of processing to enable enhanced decision making, insight discovery and process optimization.
The business value of big data is that now you can analyze the things in new ways. Now you can get an access to the information you had never before. And currently you could do it extremely faster and cheaper than ever before.
Consider to start Big Data project if you require Advanced Analytics and Competitive Advantages for business.
Dealing with Big Data it’s important to validate quality of information and manage the life cycle of information, deal with privacy and security of data.
And the real projects start from talking with business, identifying what should be analyzed. And focus on people, not technologies.
It was our pleasure to participate at IT Outsourcing Forum. Thank to organizers and attenders, see you next year. Don’t hesitate to contact us with Big Data challenges.