Need to start up my own company on Big Data in India

speed.sandeep

Hi All, I am planning to start my own company on Big Data, if I get pointers on right place and right approach to start it , it would be much helpful

Topic: Big Data
Answer this Question

Answers

2 total
fresko
Vote Up (2)

For as much helpful as I intend to be on your request, all I know from my own experience is that you need a strong business network to begin with.

jimlynch
Vote Up (6)

You might want to read this helpful background article about Big Data, before making any decisions for your company. It might give you a useful overview that could help you later on.

http://en.wikipedia.org/wiki/Big_data

"In information technology, big data[1][2] is a loosely-defined term used to describe data sets so large and complex that they become awkward to work with using on-hand database management tools. Difficulties include capture, storage,[3] search, sharing, analysis,[4] and visualization. The trend to larger data sets is due to the additional information derivable from analysis of a single large set of related data, as compared to separate smaller sets with the same total amount of data, allowing correlations to be found to "spot business trends, prevent diseases, combat crime."[5]

Though a moving target, as of 2008 limits were on the order of petabytes to zettabytes of data.[6] Scientists regularly encounter limitations due to large data sets in many areas, including meteorology, genomics,[7] connectomics, complex physics simulations,[8] and biological and environmental research,[9] The limitations also affect Internet search, finance and business informatics. Data sets grow in size in part because they are increasingly being gathered by ubiquitous information-sensing mobile devices, aerial sensory technologies (remote sensing), software logs, cameras, microphones, radio-frequency identification readers, and wireless sensor networks.[10][11] The world's technological per-capita capacity to store information has roughly doubled every 40 months since the 1980s[12]; as of 2012, every day 2.5 quintillion (2.5×1018) bytes of data were created.[13]"

Ask a question

Join Now or Sign In to ask a question.
Facebook’s founder turned 29 on Tuesday and the party may still be going on
Experts within and outside government IT stress the role the private sector must play in helping cash-strapped federal agencies find order in their growing stockpiles of data.
Open data initiatives are all the rage among governments around the world, meaning the answers to lots of interesting questions are at your fingertips
A recent survey by Forrester found that 7% of IT executives and 9% of business leaders feel they have gained a true return on investment from big data. That means there's a lot more business can be doing to glean insights from the massive amount of data that's potentially available to them.
Among the interesting Twitter tidbits: New York City users are the most retweeted.
Big data is poised to help marketers reach and engage customers and prospects in ways that businesses are only now starting to understand. Enterprises that don't embrace analytics may soon see embattled customers voting with their wallets.
The Donald wants FundAnything to be like Kickstarter, only gaudier
Many companies are focusing their big data initiatives in areas like sales, marketing, customer service and R&D, but other functions like logistics or finance may offer even greater ROI.
If you like access to government data, like petition signatures or broccoli crop yields, the White House has got you covered
MapR uses the LucidWorks Search while Cloudera releases its SQL-compliant Impala.