Top Big Data Analytics Companies

Top Big Data Analytics Companies

Are you searching for ‘Best Big Data Analytics Companies’? GoodFirms in-depth research will help you in your quest for leading business intelligence companies and big data analytics consulting company. Businesses are searching for best business intelligence consulting services that can assist them in big data analytics to ultimately make the right business decisions. There are several companies that claim to be the best in this domain. To help enterprises pick the right firm, GoodFirms has curated a list of top data analytics companies. Check the below list of most promising contenders in the Big Data industry that helps businesses adopt data analytics in the right way:

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List of Top Big Data Companies | Best Big Data Analytics Firms

SPEC INDIA
Enterprise Software, Mobility & BI Solutions

SPEC INDIA is an ISO/IEC 27001:2013 company with 30+ years of established experience. We specialize in Custom Software Development, Web & Mobile Apps Development, BI & Analytics Solutions, Automation & Security Testing, Legacy Software Migration, Product Engineering, and IoT Solutions. SPEC INDIA has a team of 300+ Consultants, who are committed to delivering Quality Solutions to Global Customers. Our Extended Development Centers and Innovative Onshore/Offshore Models help us service Fortune 500 companies, SME’s and Startup... read more

$25 - $49/hr
250 - 999
India,
United States
Sigma Data Systems
Discover the world of Big Data with us!

Sigma understands the criticality of each piece of data in today’s world and in the next generation. Sigma was born to give its expertise in the world of Big Data! It has pre-define workshop patterns to understand the problem based on this it provides unique solutions to every customer using various tools and frameworks.

$25 - $49/hr
250 - 999
United States,
Australia
Consagous Technologies
Helping brands by being their Technology Partner

Our deep expertise in providing end-to-end Big Data Analytics Solutions with the implementation of Data Science Technologies has enabled fortune 500+ companies across different sectors & regions to improve their operational efficiencies, respond quickly to emerging marketing trends & gain a competitive advantage over their competitors. We understand the complexity of every business and so our Big Data developer team at Consagous follows a strategic approach to provide real-time analytics and produce meaningful information for your brand... read more

Byron Gasaway LSSBB, Co-Founder at CheapEatz LLC
Byron Gasaway LSSBB, Co-Founder at CheapEatz LLC
$25 - $49/hr
50 - 249
United States,
Germany
Idealogic
End-to-end custom software development

We are Idealogic  Idealogic is a full-cycle development firm based in Kyiv, Ukraine with strong expertise in product design, custom software development, QA assurance, and post-release support. We are focused on the partnership with startup founders and entrepreneurs that are keen on the development of their ideas in a flexible and transparent way with an affordable budget. Why Idealogic? Our main advantage is the unit development model which allows us to combine the highest project management and delivery standards with access to... read more

Luca Mohammadi, Founder & COO at ChemChain
Luca Mohammadi, Founder & COO at ChemChain
$25 - $49/hr
10 - 49
Ukraine,
United States
ScienceSoft USA Corporation
Best Practices For High and Sustainable Quality

ScienceSoft is a Texas-based provider of software development solutions and services, with offices in the EU and Eastern Europe and clients in 40+ countries around the globe. Since 1989, ScienceSoft has been solving digital and business challenges of large Fortune 500 corporations, small and mid-sized enterprises and start-ups. The company possesses deep industry knowledge in manufacturing, healthcare, retail, logistics, banking and other domains. ScienceSoft is a partner of IBM, Oracle, AWS, Salesforce, Microsoft and holds 6 Mi... read more

Kavitha Ganapa, PMP, CSM, Delivery Leader at Guardian Technology Group
Kavitha Ganapa, PMP, CSM, Delivery Leader at Guardian Technology Group
NA
250 - 999
United States,
Finland
Diceus

6. Diceus

We guarantee delivery on time, on scope, on budget

We guarantee your project’s quality and delivery on time, on scope, on budget. Diceus is a technology partner for custom software development, product design, testing, quality assurance, and IT consulting. Our clients get fully functioning products which help them grow, generate revenue and prosper. We respect the time and resources our customers invest in the development. 100% of projects are delivered on time From the very start, our customers know when their project will be completed as we provide a Work Breakdown Structure (WBS)... read more

Dean Thornton, Business Development Manager at USEO - United Search Engine Optimization
Dean Thornton, Business Development Manager at USEO - United Search Engine Optimization
$50 - $99/hr
250 - 999
Ukraine,
United States
XenonStack
Product Engineering and Digital Transformation

A Product Engineering and Technology Services company provides Digital enterprise services and solutions with DevOps , Big Data Engineering , Data Analytics , Cloud Migration ,Machine learning and Data Science Xenonstack provides Cloud Consulting , Cloud Migration with AWS ,Google Cloud and Azure Cloud Competency   

$25 - $49/hr
50 - 249
India,
United States
LatentView Analytics
Forging Digital Transformation through Analytics.

LatentView Analytics is one of the world’s largest and fastest growing digital analytics firms. We help companies drive digital transformation by helping them combine digital and traditional data to gain a competitive advantage. LatentView provides a 360-degree view of the digital consumer, enabling companies to predict new revenue streams, anticipate product trends and popularity, improve customer retention rates and optimize investment decisions.

$100 - $149/hr
250 - 999
United States
Think Big Analytics
Driving Business Outcomes with Modern Analytics.

Helping Innovative Companies Think Big with Big Data since 2010. Think Big, start smart and scale fast with our industry-leading expert services and solutions. Turn your big data opportunities into returns that will position your organization ahead of the competition.

$100 - $149/hr
250 - 999
United States
ClearStory Data
Bring all the data into the hands of the business.

Data inspires us. Our mission is to automate every hard data task, from prep to blending, to discovery, so everyone can work with data.

$50 - $99/hr
50 - 249
United States
Qlik

11. Qlik

Faster answers. More insights. Better outcomes

Qlik® delivers intuitive platform solutions for self-service data visualization, guided analytics applications, embedded analytics and reporting to approximately 45,000 customers worldwide.

$100 - $149/hr
1,000 - 9,999
United States
InData Labs
Big on Data Science and AI

InData Labs is a 50 people strong data science firm and AI-powered solutions provider with its own R&D center that helps companies across the world to find perfect solutions to their big data challenges. Since 2014, we have successfully implemented numerous projects for various industries: 40+ projects worldwide Logistics, Healthcare and Wellness, Marketing and Advertising, Entertainment, E-commerce, Banking and Finance, Energy and Utilities, E-learning, Legal Services, etc Analytical software, predictive models,... read more

$50 - $99/hr
50 - 249
Belarus
TIBCO Software Inc
Connected Intelligence with new business models

TIBCO fuels digital business by enabling better decisions and faster, smarter actions through the TIBCO Connected Intelligence Cloud. From APIs and systems to devices and people, we interconnect everything, capture data in real time wherever it is, and augment the intelligence of your business through analytical insights.

$100 - $149/hr
1,000 - 9,999
India,
Australia
Datapine

14. Datapine

BUSINESS INTELLIGENCE MADE EASY

datapine is a young innovative company located in the heart of Berlin. We are developing a highly scalable SaaS tool that will revolutionize the way of performing database analysis by making even complex functionalities available to non-technical persons. With our product, we aim to become the innovation leader in the business intelligence market for small and medium-sized companies. 

$50 - $99/hr
10 - 49
Germany
Datameer

15. Datameer

It’s About the Data not the Science.

At Datameer, we’re obsessed with making data the most valuable asset in any organization. We believe that when people have unconstrained access to explore massive amounts of data at the speed of thought, they can make data-driven decisions that can wholly impact the future of any business.

$100 - $149/hr
250 - 999
United States
Metric Insights
Give your data the audience it deserves

Users miss critical events in the data every day. With access to too many reports and dashboards, it is impossible for them to monitor every metric, all the time. Push Intelligence works by integrating with your existing data, applications, and BI solutions ensuring your data gets the audience it deserves.

$50 - $99/hr
50 - 249
United States
Cray Inc.

17. Cray Inc.

Combines computation and creativity.

For over 40 years we have been developing highly advanced computing solutions for the world’s most complex science, engineering and analytics challenges. We work with our customers and users to understand what they’re trying to do and what problems they can’t solve with existing technologies. Then we develop complete supercomputing solutions that help them address their otherwise unanswerable questions.

$100 - $149/hr
250 - 999
United States
Pyramid Analytics
More than a BI platform It's the Analytics OS

Pyramid Analytics is a global BI&A leader offering an analytics platform that helps companies compete as world-class data-driven organizations. Pyramid Analytics offers Pyramid 2018, a server-based, multi-user Analytics OS that supports the full self-service analytics workflow across six modules. Pyramid 2018 propels your organization’s strategic data vision and cultivates analytics excellence throughout the business

$100 - $149/hr
50 - 249
United States
Dimensional Insight
Analytics tools built on Diver Platform

At Dimensional Insight we handle complexity better than anyone. Since 1989, we’ve been developing and deploying our business intelligence solutions for complex, highly-regulated and compliance-driven industries such as healthcare, manufacturing and beverage alcohol. With over 2,600 customers in 31 countries, we’re proud of our history of delivering industry-specific insights.

$100 - $149/hr
50 - 249
United States,
Germany
Phocas Software
Got Data. Get Results

Phocas Software has been voted #1 across 24 categories in the world's largest business intelligence software survey. Phocas Software is a leading business intelligence software firm created by Myles Glashier and Paul Magee in 1999.

$50 - $99/hr
50 - 249
United Kingdom,
United States
Periscope Data
Answer the tough questions, Faster.

Periscope Data builds analytics software that turns data teams into superheroes. Our Unified Data Platform is the industry’s first to address the complete analytics lifecycle, allowing data teams to ingest, store, analyze, visualize and report on data all from one connected platform. This empowers them to collaborate and drive faster insight, while allowing businesses to foster a data-driven culture around a single source of truth. 

$100 - $149/hr
50 - 249
United States
Ducen IT

22. Ducen IT

Intelligence to Decision Making

Ducen IT helps Business and IT users of Fortune 1000 companies with advanced analytics, business intelligence and data management through its unique end-to-end data science platform called Analance. Analance is an enterprise-class, state of the art integrated platform that delivers power and ease of use to business users and data scientists with a seamless experience and platform scalability to support business growth and strategy. Analance Use Cases: https://analance.ducenit.com/solutions Free Assessment: https://analance.ducenit.com/solut... read more

$100 - $149/hr
250 - 999
United States,
India
Sumo Logic
Log management & security analytics

Sumo Logic is a secure, cloud-native, machine data analytics service, delivering real-time, continuous intelligence from structured, semi-structured and unstructured data across the entire application lifecycle and stack. 

$100 - $149/hr
250 - 999
United States,
India
CBIG Consulting
Have a conversation with your data.

CBIG’s team of consultants, analysts, and data architects work with enterprises like yours to build a roadmap to success with Business Intelligence and Big Data Analytics. Regardless of the state of your data, CBIG Consulting can help get you on the right track and start delivering results.

$100 - $149/hr
50 - 249
United States
Rudder Analytics
Steering Your Business.

We provide predictive and explorative analytics. We help you take strong scientific decisions for your business by providing the best business analytics to steer your business in the right direction. We're passionate about helping businesses improve their decision-making process by implementing the data-based scientific approach.

Sam Ramsey, Director at IT/IS
Sam Ramsey, Director at IT/IS
$25 - $49/hr
10 - 49
India
Empirical Path
We tell the story behind your numbers.

Empirical Path is led by seasoned online marketers with advanced degrees who personally deliver client engagements, from contracting and implementation through reporting and recommendations.

$100 - $149/hr
2 - 9
United States
Beyond Analysis
Putting data to work​.

We help businesses use data to become leaner, make smarter, faster decisions and solve complex business problems. Our vision is to help our clients to become passionate advocates of data-driven decision making through making it quick and easy to put your data to work and get it out into the hands of the frontline. 

$100 - $149/hr
50 - 249
United Kingdom
SCI-BI

28. SCI-BI

Cleaner Data Drives Accurate Reporting.

At SCI-BI we believe, “Cleaner Data Drives Accurate Reporting”. We insist on Data Quality at all stages of our Integration process. Our methodology involves thorough scrutiny of data to report the right data, capturing erroneous data at early stages, and push very hard towards “Single Version of the Truth”.

$50 - $99/hr
10 - 49
India
Experfy

29. Experfy

Accelerate your adoption of emerging technologies.

Experfy is an intellectual powerhouse where industry thought leaders are combining consulting and teaching to reinvent the future. We provide free consultations to help you scope your project needs and provide 10x the savings over traditional consulting firms. If there is a skills gap in your workforce, we offer a powerful learning platform for upskilling based on industry use-cases.

$50 - $99/hr
10 - 49
United States
Tiger Analytics
Derive business value through data.

Tiger Analytics is an advanced analytics and AI consulting firm enabling enterprises to generate business value through data. Today, we are the trusted data sciences and data engineering partner for several Fortune 100 companies, who are leaders in their respective industries. 

$100 - $149/hr
250 - 999
United States,
India
Gainsight

31. Gainsight

Turn your Customers into your best Growth Engine

At Gainsight, we reject the idea that work and life are mutually exclusive. Our team members are passionate about what they do, and we strive to create an environment that brings that passion to life. We’re a diverse, brilliant, quirky group of people united by five core values:

$100 - $149/hr
250 - 999
United States
ThoughtSpot
Search & AI-Driven Analytics

ThoughtSpot’s AI-Driven analytics platform puts the power of a thousand analysts in every business person's hands. With ThoughtSpot, you can use search to easily analyze your data or automatically get trusted insights pushed to you with a single click. ThoughtSpot connects with any on-premise, cloud, big data, or desktop data source and deploys 85 percent faster than legacy technologies.

$100 - $149/hr
250 - 999
India,
United States
Trifacta

33. Trifacta

PREPARE RAW & DIVERSE DATA FASTER

At Trifacta, we’re focused on building software that helps individuals and organizations unlock the potential of their data by providing a new approach to how data is explored and prepared for analysis. Whether you’re trying to improve the efficiency of an existing analysis process or utilize new sources of data for an analytics initiative, Trifacta’s data wrangling solutions will empower you to do more with data of all shapes and sizes.

$50 - $99/hr
50 - 249
United States,
Germany
Informatica
Delivering trusted information for analytics

Informatica is a leading independent software provider focused on delivering transformative innovation for the future of all things data. Organizations around the world rely on Informatica to realize their information potential and drive top business imperatives. Enterprises depend on Informatica to fully leverage their information assets.

$100 - $149/hr
1,000 - 9,999
United States,
India
DataTorrent
Real Time Big Data Analytics Streaming

DataTorrent enables organizations to accelerate business outcomes through rapid deployment of enterprise hardened, fast big data analytics applications using the latest innovations in operationalization, data science and machine learning.

$100 - $149/hr
50 - 249
United States,
India
1010data

36. 1010data

"DO MORE WITH YOUR DATA"

Gaining actionable insight requires the best analytical tools and access to all relevant data. 1010data offers a complete solution that provides both, with the only out-of-the-box, self-service, cross-enterprise insights platform. More than 850 of the world’s largest companies trust 1010data to manage, share and analyze over 32 trillion rows of data because of the company’s proven ability to deliver results more quickly, easily and accurately than any other solution.

$100 - $149/hr
250 - 999
United States
YellowFin

37. YellowFin

We take you from raw data to great dashboards

All BI companies can tell customers what happened. Yellowfin tells them why it happened. Yellowfin is a global Business Intelligence (BI) and analytics platform dedicated to solving real enterprise analytics challenges, and helping business people understand not only what happened, but why it happened. 

$100 - $149/hr
50 - 249
Australia,
United Kingdom
Agilisium Consulting
We help organization take the Data to Insight Leap

Agilisium, is an ardent endeavour to deliver a stable, secure and scalable Cloud & Data foundation, on which you can confidently explore your business data. And, our Analytics Services enable you to uncover ‘digital’ opportunities, to create better products & services for your customers.

$100 - $149/hr
50 - 249
United States
Hadoolytics Technologies
You dream it we make it.

Hadoolytics is a global consulting and software development company with a laser focus on Cloud & Big Data services and solutions. We have a dual shore presence that combines on-site consulting expertise with strong offshore software development capabilities, which allows us to deliver value at each step of a customer’s Cloud and Big Data journey.

$50 - $99/hr
10 - 49
United States,
India
Ginkgo Analytics
Data. Insights. Possibilities.

We are independent and specialized in data analytics, big data, machine learning and artificial intelligence.

$50 - $99/hr
2 - 9
Germany
Alpine Data
Blueprint for Bringing Data Science to Business.

Alpine Data is the provider of Alpine Chorus - the world’s most comprehensive Advanced Analytics Platform for Big Data and Hadoop. Leaders in all industries, from Financial Services to Healthcare, use our software and services to enable their employees to build, deploy and consume analytic applications and insights in one collaborative environment.

$50 - $99/hr
10 - 49
United States
Zoomdata

42. Zoomdata

The Fastest Visual Analytics for Big Data

Zoomdata, creators of the industry’s fastest visual analytics for Big Data platform, lets business users see and interact with data in all new ways. Designed mobile and touch first, its patented micro-query architecture delivers results in real-time and gives users a single plane for bridging old data and new data.

$100 - $149/hr
50 - 249
United States,
Singapore
Impetus

43. Impetus

Delivering on the Promise of Big Data.

With more than 1600 employees globally, Impetus is focused on creating new ways of analyzing data for businesses—helping them gain key business insights across the enterprise. We bring together a unique mix of Data Science capabilities and technology expertise across the Big Data ecosystem including Hadoop, NoSQL, NewSQL, MPP databases, machine learning, and innovative visualization.

$100 - $149/hr
1,000 - 9,999
United States
Allerin Tech
Technology for innovative enterprises.​

Allerin is a internet of things (IOT) development solutions provider that delivers the most innovative and agile solutions that enable you to automate, inspire and impress. From design to development to delivery, we are the most efficient in the business. We dedicate hours of painstaking analysis to develop solutions that not only cater to our customers’ current requirements but also scale seamlessly for future needs. Most importantly, we always aim to build solutions that focus on increasing your productivity.

$100 - $149/hr
250 - 999
United States,
India
DataStax

45. DataStax

Always on Data Platform

DataStax powers the Right-Now Enterprise with the always-on, distributed cloud database built on Apache Cassandra™ and designed for hybrid cloud. 

$100 - $149/hr
250 - 999
United States,
Australia
CodeBright
Software Made Simple

We at CodeBright believe in improving the world using technology. We work with startups, small/large companies as well as non-profit organizations to bring Minimal Viable Products (MVPs) to the market, improve/streamline/automate business processes, raise efficiency/productivity, reduce costs and more. The award winning team is capable of handling a wide variaty of complex software development projects that involve integration with other systems (CRMs, ERPs), analysis of large masses of data ... read more

NA
50 - 249
United States
Nexsoftsys
IT Partner for Global Clients

Nex is a Technological Partner for Global Enterprises and Startups with a mission to empower businesses to excellence through seamless IT solutions. Since 2002, we have provide innovative software and data-driven solutions to many companies by our presence in many different countries including USA, Australia, Asia, Africa and Europe. Our extensive services and expertise in developing software solutions for multiple verticals make us the most preferred technology services firm. We provides services in different Technologies like Java, Scala, ... read more

Priyal Sanghvi, Project Manager at Capita IT Enterprise Services
Priyal Sanghvi, Project Manager at Capita IT Enterprise Services
NA
50 - 249
United States
LITSLINK

48. LITSLINK

We deliver cool featured startups to the world

LITSLINK is an award-winning app development company with over 300 successful releases to more than 200 satisfied clients hailing from across the globe. Company provides high-quality mobile app development for iOS and Android, web development, virtual reality development services, in addition to DevOps consulting services. Our team: LITSLINK has a talent pool of more than 130 skilled software engineers and 30 highly qualified developers who have been delivering excellence in development for iOS and Android over the past 10 years. ... read more

James Russo, Software Engineer at Brex
James Russo, Software Engineer at Brex
$50 - $99/hr
50 - 249
United States,
Ukraine
eLuminous Technologies Pvt Ltd
Empowering Ideas Globally

eLuminous Technologies Pvt Ltd. company is offering state-of-the-art Business Intelligence, Web Development, Web Design, Front End Development and Mobile Apps Development Services has 16 years of experience in offering personalized solutions to clients across the globe. We are confident about our services which are the combination of proficient approach, startling performance, reliable management system and excellence in service delivery with international standards.  We follow the simple 5-steps to master our work: 1) Incredible UI/... read more

Jon Alsup, CEO & Founder at Kennedy Rowe Collective
Jon Alsup, CEO & Founder at Kennedy Rowe Collective
< $25/hr
50 - 249
India
IT Svit

50. IT Svit

DevOps and BigData service provider

IT Svit started in 2005 as a group of friends, who provided remote system administration services. Since then, we grew to a team of 60+ software developers, DevOps engineers and Big Data architects, who provide end-to-end solutions for business projects of varying scope. More than 800 successful projects helped us gather ample expertise with solving various types of challenges, as well as ready solutions for the most widespread challenges. This helps us shorten the time-to-market for our customer projects.

Shoin Wolfe, Co Founder & CEO at Global Creations K. K.
Shoin Wolfe, Co Founder & CEO at Global Creations K. K.
$25 - $49/hr
50 - 249
Ukraine,
United States
Buyer’s Guide
What is Big Data?

Big data definition refers to the vast volume of structured as well as unstructured data available. The quantity of data is so large that it becomes impossible to churn using conventional database and software techniques. In this age of digital advancements, data plays a crucial role in changing the landscape of business processes. With the unlimited availability of information concerning potential customers and their purchasing habits, companies require big data and business intelligence to essentially analyze the data and update their risk management practices to match the current scenarios. 

What Are the Benefits of Big Data Analytics?

Here are four significant ways big data assists businesses in achieving their goals.

1. Decision Making:

The principal advantage of employing Big Data Analytics is that it boosts the decision-making process prominently. The big data analytics companies gather all the available data and organize them aptly in order for their client to make well-informed decisions. Big data solutions include the assessment of a number of customer-centric factors such as market trends, client requirements, competitors' strategies, etc. promoting a sound decision-making process.

2. Innovation:

Big data analytics consulting companies help businesses in updating current products to accommodate the changing trends. The big data systems collect massive amounts of data, allowing businesses to identify and curate new and innovative products to fit their customer base. Rather than just relying on their instincts, enterprises can now assemble their customers' feedback and product reviews to modify their solutions and deliver what the customers want.

3. Targeted Marketing:

With each industry shifting towards providing customer-centric solutions, it is imperative that organizations recognize the right target demographic and market their product accordingly. To achieve this, businesses require extensive data pertaining to customer patterns. These patterns can further help the service providers in presenting hyper-personalized experience to their clients and ensuring customer loyalty. Big data analytics can also predict what related products the customers may like, allowing companies to plan their marketing tactics accordingly.

4. Competitive Edge:

The availability of a vast range of service providers can make it challenging for decision-makers to create a name for themselves in the market. Whether a business is well-established or relatively new, it needs comprehensive intelligence to scan the market and traverse subsequently. Big data analytics solutions level the playing field for each participant, providing the upcoming players a chance to transcend their competitors.

How Does Big Data Assists in Risk Mitigation?

By implementing big data solutions within their organization, businesses are more apt to identify potential threats. Big data management creates a  risk prediction model, significantly contributing to mitigate risks without investing extensively.

1. Identifying Trends and Risk Factors:

The big data companies aid businesses in distinguishing current and forthcoming trends amongst their consumers. The statistical analysis enables new companies to build detailed business strategies. At the same time, established corporations can identify alterations in the behavior of the users in the early stages, making it possible to influence the business to a new direction. Analytics delivered by the big data companies can also pin-point the factors that cause customers to abandon the product or brand, thereby helping to reduce and counter high attrition rates. 

2. Operational Risks:

There are several risks that a business has to traverse on a daily basis, which also includes decisions on the business location, target market as well as targeted audience, employee retention, data management, etc. With an expert big data system, organizations can easily recognize the key risk indicators (KRIs). Big data services introduce dynamic processes to measure, analyze, and visualize these KRIs to determine the course of action. Big data analytics services grant businesses complete control of the data, allowing full automation of systems to reduce manual intercession. 

3. Recognizing Potential Fraud:

Whether companies are dealing with the personal data of their clients or financial transactions, the threat of being under attack from external sources is constant. Big data analytics companies offer solutions to cross-check a large amount of internal and external data quickly. This affords fast and accurate identification and reduces the chances of fraudulent activity. Besides, businesses can also identify risks and scams during audits and assess potential partners or vendors, thereby ensuring a successful association with other organizations without being deceived.

4. Financial Risk Management:

Big data analytics consulting companies establish a system in place that can effectively identify fraudulent financial actions such as attempts at money laundering, loan scams, etc. By locating suspicious issues rapidly, big data companies can help their clients avoid financial losses. Big data analytics produces statistics after carefully studying the market, business model, competitors, etc. to evaluate market risks and asset-liability. This is especially beneficial for financial organizations dealing with upcoming enterprises in determining whether the investment will bring profit to each participating stakeholders.

Which Are the Most Prominent Big Data Technologies?

Businesses must understand the different types of big data services available and how they are beneficial for their project before investing. Therefore, check out the five most notable big data services:

1. Data Analytics:

Data analytics attributes to the process of analyzing raw information and uncovering patterns to obtain valuable insights using them. This data could either be historic or recently acquired. Data analytics employs algorithmic methods by using several datasets to drive conclusions. With data analytics, businesses can easily map customer requirements and boost sales. 

2. Data Science:

Data science deals with unstructured and structured data that the experts collect, segregate, and interpret. Data science firms hold authority in distinguishing and eliminating unusual, insignificant, and risky data to simplify the task of data analysis. Data science uses statistics, programming, problem-solving, and other such abilities to equip decision-makers with accurate information and empower them to make informed choices.

3. Data Mining:

Data mining refers to the process of extracting useful patterns from the large sets of data available. Its core focus is on establishing previously undiscovered relationships amongst the available information. However, for successful data mining results, a vast and diverse database is imperative. Relational databases, text mining, and web mining are the different types of data mining processes.

4. Data Warehousing:

Data warehousing is an essential section in managing data from heterogeneous sources. It serves as an electronic storage of a substantial amount of data that is designed for analysis. Whether the accumulated data is structured or unstructured, it can be stored in the cloud data warehouse, available to the user whenever summoned. It is ideal for decision-makers who rely on vast amounts of data.

5. Edge Computing:

Edge computing is the revolutionary method that brings data closer to the devices while safeguarding it from latency issues. It facilitates the data analysis at the source of the data instead of the centralized servers and systems. Edge computing also ensures additional data security as the information does not travel across the network.

Which Are the Most Famous Big Data Tools?

1. Hadoop:

Hadoop is an open-source framework developed by Apache. It is an ideal big data tool to scale data operations from a single server to multiple servers due to its ability to process large volumes of data available across clusters of networks.

2. Qubole:

Qubole is a cloud data platform created by the combined venture of Facebook’s Big Data infrastructure and Apache Hive. It extends big data services at a reduced price compared to other big data tools. Qubole offers features like intuitive GUI, optimized hive, auto-scaling, etc.

3. HPCC:

HPCC is developed by LexisNexis Risk Solution employing HPCC (High-Performance Computing Cluster) systems. HPCC enhances scalability and performance since it is easy to learn, upgrade, and program. It simplifies data processing with features like data profiling, data cleansing, data management tools, etc.

Which Industries Are Defined by Big Data Analytics?

In this era of technology, most organizations are incorporating big data platforms within their current business model. Their primary goal is to improve consumers’ experience in addition to better-targeted marketing, cost reduction, and enhancing the efficiency of existing products. The top industries revolutionizing their processes via big data are as follows:

1. Big Data in Healthcare:

The contribution of big data analytics ranks high in the advancement of the healthcare industry. Big data in healthcare, when combined with specialized equipment that tracks vitals of the patients, can simplify diagnoses. Technologies such as wearable devices, disease mapping, and predictive analytics, etc. can change the way the patients are treated and can save countless lives. Big data analytics solutions with wearable devices allow comprehensive data collection and empower doctors with patients' information detailing the current as well as past medical history. As an example of big data in healthcare, Beth Israel Deaconess Medical Center (BIDMC) of Boston, collects data from millions of patients and use evidence-based medicine to identify high-risk patients and significant diseases. 

2. Big Data in Banking:

The banking sector can highly benefit from big data solutions. Bank customers can easily track and assess transaction histories and analyze upcoming bills and payments. Moreover, banks can easily study the shift in the market by studying the years of information and invest funds in projects that are most likely to be successful. Big data companies provide solutions to the banks against scams by preventing identity thefts and identifying fraudulent patterns. Big data systems are also beneficial in preventing money laundering, loan scams, etc.

3. Big Data in Education:

In the education industry, one of the biggest challenges is to bring together the vast amount of information available and compartmentalize it. Integrating big data, institutes can monitor the students’ progress by tracking student logs, the hours spent on the system, providing additional worksheets, etc. Moreover, big data can be used to optimize the effectiveness of the institute by analyzing the performance of the teachers and measure it against the number of students to derive the right proportion. It is also a practical module to help students select the correct course by studying student demographics, their aspirations, subject matter, and other such variables. The University of Tasmania is one of the best examples of big data as it has developed a specialized Learning and Management System to properly use the data.

4. Big Data in Retail:

Retailers must always comprehend what their customers need and when they need it to stay ahead of their competitors. Big data analytics ensure customer retention by providing the insights required to meet their expectations and keep them happy. Data analytics companies can help establishments create a personalized shopping experience for their clientele by studying their preferences and purchasing patterns. Big data management also optimizes operational tasks, facilitates timely analysis of inventory, identifies repeat customers, and offers loyalty programs, as well as forecast demands. Retailers can also figure out potential reasons for losing clients and work on bypassing such situations.

5. Big Data in Transportation:

GPS or Global Positioning System has simplified transportation across the world. Big data firms can collect huge amounts of data from these location-based systems to create a safe, on-time, and comfortable journey for travelers. Transportation companies can outline customer journeys and provide them with personalized information to manage travel time, find the connecting vehicle, etc. Passengers may aptly find alternate routes, real-time seat availability, etc. Big data can additionally be used for traffic control, route planning, track mileage, logistics, and many more. Cities across the world such as Dublin, Stockholm, Da Nang, etc. have implemented big data to manage traffic and congestion, exhibiting an example of big data in road management.

How to Shortlist the Top Big Data Analytics Companies?

Enterprises need to primarily understand their business objectives and then select a big data analytics company that is capable of turning those objectives into concrete results. 

1. Scalability:

It is crucial to find big data firms with the capacity to scale their solutions based upon the size of your project as well as the number of resources you require. Inquire the big data company whether they process sufficient technology and storage capacity that is capable of accommodating your projects as it grows.

2. Cost:

One of the chief benefits of big data analytics is that it substantially lowers the operational cost of the business by storing, maintaining, and analyzing data sets. However, if the cost of hiring a big data agency is more than your current expenses, then it might not be a profitable decision. Ask about all the services offered data analytics companies and then assess your funds to shortlist the ideal company offering the big data solutions within your budget.

3. Security:

While hiring a big data firm, question them about their security policies. Inquire about how do the data analytics companies ensure digital integrity and data authenticity? What is their plan of action against the potential threats of hacking or tampering? It is advisable to opt for an NDA to ensure that there is no leakage of data from the big data analytics consulting companies

4. References:

Customers must request testimonials for the existing and previous clients. This will permit you to gauge their expertise in the field as well as their quality in delivering big data solutions. Moreover, check out the recommendations offered by past clients attributed to the big data company by exploring independent review and rating platforms, such as GoodFirms, to receive accurate customer feedback. 

5. Accessibility:

Another vital factor in determining the right big data analytics partner is the accessibility of the big data analytics solution designed by the service provider. If the layout and usage of the big data platform are excessively complex for you and your staff, then it can be challenging to achieve the right application of the big data system. Also, watch out for a big data system that provides in detail reports complete with charts, graphs, and journey outlines.

Based on your project, you may additionally inquire about other features offered by the big data company such as data compression, restricted or authorized access to the information, easy setup, tag-less solutions, etc.

GoodFirms Research Process:

The main goal of GoodFirms is to help service seekers connect with the best big data analytics consulting companies available across the globe. The list, as mentioned above, includes a wide variety of data analytics companies capable of delivering the kind of big data solutions you require. These companies are evaluated based on three vital criteria viz. Quality, Reliability, and Ability. These criteria are further subdivided to demonstrate the market penetration of the enterprises, their portfolio, the reviews and feedback received from genuine clients as well as their system integration and business intelligence & big data analytics.

GoodFirms urges established and novel big data agencies to provide proof of their achievements to grab a spot in our 'Research’ section. By getting listed, companies enhance their chances of receiving quality leads and boost conversions, as well as build a name for themselves in the industry.

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