5 Ways Big Data Analytics Can Improve Your Business

Traditionally we have been handling large amounts of data from various sources of information, both internal and external. The fact of being able to handle Big Data now makes all this mass of information that is created every day around the channels of action and external sources of data can bring competitive advantages to companies, generating a series of benefits as tangible.

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However, organizations today require big data consulting Analytics to be more efficient in their operations handled by big data analytics companies.

We present here five key advantages of Big Data to apply to the management of your business:

Better decisions

According to Forbes magazine, the amount of data generated in the last two years exceeds that previously generated in the history of mankind. Therefore, it is very important to approach them intelligently and do things that were simply not available to you before: Big Data technologies allow you to observe with new eyes, analyze customer behavior or even evaluate your products to make sound decisions reducing the risks involved in letting yourself be guided by intuition, and having big data consulting services.

The fact of having access to more information allows us to have a global vision and see in a big way to address the challenges of the globalized world. We can even combine different types of data to perform customer segmentation and marketing and advertising campaigns focused on potential customers. Companies that do not take advantage of this privileged vision can lose competitive positioning.

Different solutions

Through the analysis of different and varied data, we can arrive at different solutions that we could not consider at first. A good example of this is Artificial Intelligence and specifically one branch of this area: Machine Learning. The idea is to be able to teach a computer to solve issues on its own from the data that we transfer to it, which would help us understand the origin of a problem or find the optimal solution.

This was what Arthur Samuel of IBM did in the 50s: as he liked to play checkers, he designed a program for his Defense Calculator machine to play with him. Through a training of several games, Defense Calculator collected data on the possible movements and studied them, and Arthur continued improving the program and teaching him, a strategy so that he chose the movement that would give him more pieces of advantage.

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New Business Opportunities

Basing business decisions on available information undoubtedly provides a competitive advantage. A good example of this information is the data poured into social networks: with them, you can identify opportunities to generate business and sell ads based on the interests of each user.

Cost savings

Managing the high volume of data that big data strategy supposes can suppose a problem of storage infrastructure, for that reason it agrees to consider working with them in an environment that does not put limits like the cloud that supposes, in addition, a saving of costs in hardware. In addition, it is an improvement in the accessibility and fluidity of information for the company’s own employees, thereby gaining efficiency, speed, and efficiency.

Telecommunications giant Nokia adopted Amazon Web Services (AWS) in 2013 because it could not scale its databases further to cope with the huge volume of customer registration data (about 800 GB per day). By using Amazon Redshift as data storage, you managed to get the queries to work twice as fast and reduce the storage cost by 50%.

More dynamic data visualization

Big Data initiatives require better data visualization tools, which present the data in graphs, tables, and intuitive presentations. These applications allow end users to search and access information quickly, in some cases even in real time. It is a great advantage for customers, who are very satisfied since they have control of the information at the same time it is being generated.

If you have data and you need to transform it into knowledge, we can help you.

We also offer:

  • Data capture, either own or from third parties.
  • Data integration, extraction, and treatment.
  • Data quality Cleaning, homogenization.
  • Public, hybrid and on-premises cloud storage solutions.
  • Consulting in technological strategy and data architecture.

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  • Capture and analysis of data of all offices, stores, departments or any point of contact with clients.
  • Analysis of information from different sources (stores, sensors and other devices) for the management of prices, inventory, and distribution.
  • Descriptive automation of the entity and disambiguation (for people, companies, assets).
  • Aggregation and enrichment with data sources of third parties, diverse as news, weather, stock information, to make better predictions.
  • Predictions of behavior and generate patterns to take advantage of current and historical data from a variety of data sources.
  • Generation of algorithms to keep up with large volumes of information.
  • Analysis of the flow of data to find trends or keywords in conversations, documents, news articles, social media, to comply with security missions.
  • Execution of highly complex data queries in transactional environments (temporary sessions, streaming data, and application logs) to see past, present and predict future patterns.

Get a free consulting to start working with big data analytics and contact us today for any queries regarding big data analytics solution.

How to Hire Magento Web Developer Services Company in the USA

So, you are looking to hire a Magento Web Developer Services agency in the USA? Probably, you have an idea to start an online store. Congratulations on your decision as online selling is the future. Also, it is great that you have opted Magento for your business.

But if you don’t have the expertise to develop a Magento project, the best thing is to hire a professional Magento Web Development company. It might be a daunting task, as we have lots of companies flooding online claiming to be Magento Experts. This article will take you step by step in helping you hire a Magento Web Developer Services company in the USA.

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Let us quickly run through that, so you know what is the best way to hire your Magento Development Company.

Never overlook Company’s Experience

This is the first thing you should have a look into. Checking the company’s Magento Web Development experience, their past project portfolio, track records, client list etc. are mandatory. That will help you dissect their competence levels and core skills. Also, you should have a watch out for the type of projects the company has handled and how they have won their competition. These are the things you should check before hiring a Magento Web Services company in the USA.

Technical Knowledge of the platform

As Magento has vast functionalities, the agency you are looking to hire for your Magento development should have complete technical knowledge. Only such experienced people having expert knowledge in Magento e-commerce development can build an online store for you without any flaws. They should also be aware of all the latest innovations that is happening not only in Magento but all about e-commerce in general.

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Be cautious about Cost and deadline

Cost and deadline are the two next important factors you should consider before choosing your Magento Web Development services company. Cost will help you decide if you can afford the agency or not. Deadline will give you an estimate of when you will get your product or website ready. But you should also accept the fact that cost might be high if you hire a reputed company and sometimes there might be missed deadlines. In that case, you should decide if you should compromise the cost and deadlines. Sometimes, it would be fair to compromise on such things if you are sure that quality of your deliverables is not compromised.

Effective communication

Depending upon the geography where you’re in now, you should ensure that your client should have strong English fluency and command over the language. Because during the entire product lifecycle of your project you would be involved with the company via calls or mail communications and if your agency is not good at communication that would be a terrible headache, even if they are technically sound and have the ability to deliver things.

Do they follow standards?

Next thing to ensure is that if the Magento Web Developer Services Company follows the standard rules and coding standards in setting up your Magento e-commerce store. Whether they follow HTML / CSS standards makes your store compatible with all type of browsers and systems.

Only if you ensure that you have cross verified each and every aspect we discussed above, you can set yourself free and expect seamless delivery of your project.

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Coreway Solution deployed more than 60 magento development Solutions to clients from more than 10 countries so far. Check the magento store development portfolio. Get free consulting or free quote at Inquiry@corewaysolution.com & Info@corewaysolution.com

Not Getting All You Want from Magento? Take These Steps!

E-commerce is beyond doubt the future and most of the e-stores are powered by Magento for the utmost features and functionalities it offers. With flexible cloud solutions, Magento is one of the best e-commerce platforms out there. Magento comes with everything that is required for flexible shopping solutions, content management and much more. There are quite many vendors offering custom magento development, which makes this an obvious choice for most online stores.

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However, all this depends on how Magento eCommerce website development is implemented. If you are not getting all you want from Magento, there are few measures you could take.

Increase Magento store performance

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Do you know that more than 40% of your visitors will leave your website if it takes more than 3 seconds to load? Yes, unless you present your store laser fast you are bound to lose your customers. That will have a direct hit on your conversion rate. Don’t ever let that happen to your Magento e-commerce store. If your magento ecommerce store is optimized for performance that can guarantee you conversions & revenue. Choosing the right hosting environment, right server and caching, optimizing your magento database, code optimization etc. are few things you should consider for better performance.

Stay updated, always

Quite often, we understand software updates/patches as something related to bug fixes or solving a specific issue. But that is not always the case as the frequent Magento updates/patches are set to have huge improvements to the application logic. So, always ensure that your Magento eCommerce store is up to date. You could use a free tool named MageReport to keep your store tracked. MageReport will automatically analyze your site for any configuration issues, missing updates and let you know. You just have to follow the recommendations it offers.

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Optimizing your image files

Images find a great place in every e-commerce store and Magento store is no exception. Hence there is a lot of scope to optimizing your images and getting your store run fast. At the same time, you can’t compromise on image quality. Google image optimization tool comes in handy here to check what images to optimize, how many images can be compressed etc. Also, it is suggested that you use SVG vector images rather than raster images as there could be a hit in image quality when you compress raster images.

Better Allocation with Auto Scaling

Auto-scaling the resources on demand is better management and allocation of resources depending on need. For example, during a holiday season, you ought to have at least twice many visitors and bound to more traffic than usual. If you have Auto scaling enabled Magento eCommerce store you will get the additional servers, resources automatically allocated. So, you get what the situation demands.

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These are some real tried and tested tips to make your Magento ecommerce store function with more power. If you are not getting the full potential of Magento, make sure you try each of these. You will see a dramatic increase in the performance of your Magento eCommerce sites almost instantly. Share your feedbacks/experience you had during this journey and we would love to hear from you. Get a free quote: https://www.corewaysolution.com/request-quote.html