Data is the most valuable resource in any organisation. Fact. Do not leave your data lying there with no use. Extract key insights from your data that can drive important decisions. Modern business intelligence is a driving force behind successful businesses and business leaders. AWS provides a suite of powerful tools and services that allow organisations to store, process, query and analyse large volumes of data.
By leveraging the power of AWS, one can extract crucial insights from their gathered data to drive growth and fuel their strategic direction. Below are some ways in which this can be successfully done.
Data Warehousing and Analytics
Amazon Web Services provides an array of data warehousing and analytics tools, such as Amazon Redshift, allowing organisations to store data in the cloud and analyse the respective structure or semi-structured data. Redshift enables organisations, such as banks, insurance companies, iGaming operators and software development houses, to easily gain insight into their data marts, without hefty investments in hardware and infrastructure.
Big Data Processing
AWS offers tools that are crucial to big data processing, such as Amazon EMR, which allows businesses, of varying size, to process and analyse large amounts of data in real-time. Critical decisions can be made in a timely manner this way and data can be used to give accurate scenarios related to performance, sales, operations and financial performance. This can be complemented with machine learning power in the form of Amazon SageMaker, whereby machine learning models would be built, trained and deployed to extract insights based on AI.
Data Visualisation
To better understand, query and analyse the data, Amazon provides tools like Amazon QuickSight, which allows businesses to create interactive dashboards that help in understanding data. Setting up such highly-visual dashboards, allow for even the less tech savvy business manager to extract insights from their data and make informed decisions.
Leveraging data to extract crucial insights is key to finetune strategy, drive growth and make informed decisions based on real-life data. Base your decisions less on your gut and more on facts extracted from data.
Raw data does not add value to your business, it is important to convert it into actionable insights that help solve business problems and foster business growth..
Data analytics helps organisations gain more visibility and deeper understanding o their performance. Action plans can be drafted and implemented based on extracted insights, normally to enhance customer experience, to refine the overall business paradigms and to optimise operations. In addition, big data analytics facilitate and serve as an enabler to find patterns, trends and relationships in data sets. AWS helps in storage, scaling when data volumes increase and computational power (on the cloud).
Our team of experts at 56Bit can help with all the processes of big data analytics, namely: data collection, data storage, data processing, data cleansing and data analysis; and the respective required ETL. Harness the power of data and AWS. Speak to us today!