How to secure your business data and mobile apps

Are you worried about the security of your mobile apps? Well, you need to concern, a report by Gartner revealed that more than 75% mobile applications will fail the basic security tests through 2015.

IOT and its Benefits for Ecommerce Business

When it comes to Internet of Things, it has been giving rise to a world, which is both quantifiable and measurable, where every business and individual can effectively manage their assets and make better informed decisions precisely. In many ways it has created has lot of buzz in every industry. Ecommerce industry is no exception. You must be wondering that how IoT is going to work wonders for any ecommerce business. Well, in this blog, we are going to list down various advantages of this breakthrough innovation for this industry:

Analyzing the Relationship Between E-commerce and Big Data

Global sales are expected to reach the mark of 2.35 trillion(USD) by 2018. The figures are enough to testify the fact that e-commerce sales are skyrocketing at an unimaginable pace. If you are a business owner thinking to start your e-commerce startup? Or an e-commerce entrepreneur looking to expand your base further in the industry? It is really the high time that you should making your move and increasing your revenue generation.

Analyzing the Benefits of Big Data and ECM for Your Business

Have you ever wondered if Big Data and Enterprise Content management come together they can become a great combination? I’ll tell you why.

First lets get to know what is Big Data and ECM.

• Big Data
  

It is a broad term used to describe the growth of structured and unstructured data, in the form of social media, blogs, audios, videos, paper-based content, electronic files and office documents.

• Enterprise Content Management (ECM)
  

Enterprise Content Management (ECM) is the strategies, methods and tools used to capture, manage, store, preserve, and deliver content and documents related to organizational processes (Source: AIIM). It is generally aimed at the management of information and its life cycle from initial creation or publication. According to me, most of the ECM platforms deal with unstructured data such as emails, documents, tweets, blogs, movies and so forth. Let’s take a quick glance at the history of Enterprise Content Management. These days, storage has a lot cheaper. 

 

ECM empowering Big Data

According to Gartner’s predictions, by 2018, companies’ data will increase by 800%. Around eighty percent of which would comprise of unstructured data that is relatively difficult to manage. It would include collection, management, storage, searching and archiving the content.

 

This is where Enterprise Content Management System

Analyzing the bond between Big Data & Enterprise Mobility

The last few years have witnessed numerous innovative advancements in the landscape of enterprise technology. The burgeoning number of mobile devices and large scale adoption of cloud technology has transformed the entire process of data sharing within enterprises. As a result, it has led to a large incursion of user and self-generated data. The escalating relationship between Big Data and enterprise mobility can prove to be beneficial for organizations.

Interlacing of these technologies has been responsible for bringing numerous benefits for a business. On one hand where, mobility can provide enhanced relevance, revamped productivity and improved responsiveness, on the other hand, big data specializes in the identification of trends while undertaking transformative action.

Big Data Analytics: Turning E-commerce into A High Performance Machine

So why is Big Data analytics creating so much hype?

In the words of Peter Sondergaard, Senior Vice President, Gartner Research, “Information is the oil of the 21st century, and analytics is the combustion engine.” 

Big data analytics is the process of examining big data to uncover hidden patterns, unknown correlations and other useful information that can be used to make better decisions. With big data analytics, data scientists and others can analyze huge volumes of data that conventional analytics and business intelligence solutions can't touch. Consider that your organization could accumulate (if it hasn't already) billions of rows of data with hundreds of millions of data combinations in multiple data stores and abundant formats. High-performance analytics is necessary to process that much data in order to figure out what's important and what isn’t. (Source: SAS)

According to a report by IDC, digital universe will tend to double itself in every two years and by 2020, the data created and copied will reach the mark of 44 zetabyes or 44 trillion gigabytes.

Use of Big Data Analytics in E-Commerce

Big Data and ECM: Working wonders for your Business

Big Data and ECM can empower organizations to gather and manage more information about their clients along with their competitors thus bringing a large chunk of revenue and driving success to your business.

First, let’s get to know what is Big Data and ECM.

Big Data: Big data is a term that describes the large volume of data - both structured and unstructured - that inundates a business on a day-to-day basis. But it’s not the amount of data that’s important. It’s what organizations do with the data that matters. Big data can be analyzed for insights that lead to better decisions and strategic business moves. (Source: SAS)

ECM: ECM (Enterprise Content Management) is a technology that can be utilized for taking control of essential information like emails, documents, contracts and many more. One such great example is Kentico. Kentico CMS System and ECM are effective in delivering top notch services to its clients.

If utilized in a combined manner, these two can provide a drastic boost to your business. There are various advantages of Big Data and ECM for a business. Let’s take a walk through of these advantages: 

 

Advantages of Big Data

1. Insights

Tangible business benefits by generating insights are the main focus of Big Data analytics. These could be related to future trends or real-time events. Big data analytics are utilized across various industries including transport, healthcare, marketing, retail among others. If you want to stay at the top of business, you can take the assistance of a company which specializes in providing big data analytics solutions.

Boost your Business with Clavax

Is your business not progressing as expected? No need to worry. Give a boost to your business today with Clavax Technologies!

Clavax Technologies is a prominent web, software and mobile application development company based in San Jose, California. Its first class services are supported by a solid group of 200+ profoundly gifted experts to convey imaginative, secure and adaptable IT solutions for our customers. Clavax go about as your technology accomplices by comprehending your business challenges and applying state-of-art engineering technologies to provide inventive IT solutions.

What Services do they provide?

Business & Technology Consulting
 

Clavax monitors developing business sector patterns and executes changes to make your business more agile and productive with its business and IT specialists. It involves the alignment of a company’s competencies and core goals across discrete and personnel operating units, information systems and processes.
 

Web Application Services
 

Adjust to changing necessities and expand the ROI of your applications with Clavax’s business-basic applications that are intended to enhance productivity and execution.
 

Big Data and Analytics
 

Unleash your business potential and include noteworthy insights making use of Big Data Analytics Solutions.

Turning Data into Insights

Insightful information derived from organizational as well as non-organizational data is empowering businesses to increase productivity, expand the range and quality of services while gaining an edge over their competitors.

According to an Accenture report, 89% of the business leaders believe that big data will revolutionize operations the way the Internet did while 79% are of the belief that companies that do not implement data analytics solutions might lose their competitive advantage or face extinction. As referenced in the same study, big data analytics solutions

What are the Drivers for Higher Conversion Rates?

For 56% of the marketers, higher engagement rates and responses are the prime reasons to create personalized content, as referenced in a poll run by CMO Council, stated in a report by eMarketer.

The consumer of today is highly informed and for businesses to acquire as well as retain such consumers is a tough task, especially for ecommerce ventures. Data analytics, for most online retail ventures, have already begun to play an important role in determining the consumer journey, in analyzing the buyers’ shopping carts or their buying behaviors. The implementation of big data analytics solutions

The Latest Trends in Big Data Arena

With the buzz around “big data” only increasing over the years, we find out how well organizations are catching up with data and vice versa. We look at some of the recent trends that are doing the rounds in the enterprise world of big data adoption and implementation.

1. The market for big data is growing – the $7 billion estimated market cap way back in 2011 is set to grow over $61 billion by 2020 and $84 billion by 2026. It indicates a CAGR (compound annual growth rate) of 17% spread over the 15-year duration, starting 2011.

2. Despite the rising awareness about the advantages of implementing and adopting big data analytics solutions, the success rate of its implementations is still ineffective. While there are only 27% (1 out of 4) enterprises that have successfully managed to execute their big data strategies, 24% enterprises have either not implemented or do not plan to do so. In addition, there are 13% organizations with full-scale production of big data, 35% in partial production and 29% are in the stage of doing a POC.

3. Two-thirds issues hindering the effective implementation of big data analytics solutions are processes (or people) and not the technology concerning it. There are quite a few additional common issues like:

Data Analytics – Facts-based Strategic Reforms

Research and analytics have assumed a prominent role as enterprises move towards the implementation of data-driven initiatives in their decision-making processes and strategies. Surveys have indicated a 125% increase in the number of organizations implementing data analytics solutions in 2015, as compared to the past year. Besides, the data investments deployed by enterprises have also gone up to $13.8 million. The enterprises that implement analytics can invariably discover deeper connections in their existing or incoming set of raw information accumulated from multiple data channels.

Big data and analytics solutions have never been more important than now as organizations implement a predictive analytics model to leverage their ROIs from their competitors. It has become a top priority for most organizations, as can be inferred from a research suggesting 27% companies consider it a top priority for their business. An enterprise incorporating big data and analytics solutions while formulating decisions or strategic reforms can further quantify the output of their marketing campaigns, customer experiences, and in general, their overall improvement.

How can E-Retailers Leverage Big Data?

Mobile has become the primary mode of engagement for most users nowadays and enterprises are only beginning to understand the importance of a mobile-centric consumer engagement model. The ecommerce industry, specifically speaking, is making its way into offering a mobile-friendly user experience for their consumers. Further validating the rise of e-retailers is statistics from ComScore, indicating a 14% rise in digital revenue to $268.5 billion (U.S), of which mobile commerce jumped 28% to contribute $31.6 billion. These e-retailers have either a mobile website or native mobile application for their products, catering to their mobile consumers.

The online retailers are also leveraging the value of big data and analytics solutions to present their customers with a highly customized shopping experience based on their browsing or buying behavior. Assisting them in their big data analytics initiative are technology service providers with their necessary data analytics tools and infrastructure. Besides, with digital personalization becoming another reckoning factor to bring back old customers while engaging newer ones, offering a seamless and intuitive mobile browsing experience is vital. For this very purpose, a mobile application development company can be highly effective.

Based in San Jose, California, Clavax Technologies is a mobile application development company rendering services in the conceptualizing, designing and developing highly feature-oriented mobile apps. With expertise in mobile application development technologies like Objective C, Swift and Java, besides being proficient in mobile platforms like Android and iOS, the team of developers ensures that an interactive product is rolled off the shelves.

The Advantage of ‘Speed’ in Analytics

Variety, volume, velocity and value – These factors are of no consequence if organizations are not able to derive actionable insights instantaneously and in real time. This fifth dimension – speed – is essential for enterprises to draw quick insights on the analyzed information and to ensure the value of derived information. Adding further credibility to speedy analytics is the projected growth rate of data by the year 2020, which says the world will see 40 zettabytes of data, increasing at 50 times per year. In addition, market surveys suggest that almost 73% of the organizations spend 20% of their IT budget on leveraging their big data solutions.

A look at three prominent advantages of applying ‘speed’ to analytics:

1.    The returns from investments on big data analytics have become faster. In a recent survey by IBM, 63% of the surveyed companies are experiencing returns within a year while 26% are generating ROIs within half a year.

2.    Big data and analytics solutions are now used for solving operational challenges as well, while customer personalization continues alongside. A survey shows that 40% enterprises are utilizing analytics for addressing operational issues.

3.    Last, but not the least, the entire businesses are getting re-invented using technology and data analytics solutions are driving businesses in achieving this feat powered by access to well-organized information.

Clavax Technologies is a provider of big data and analytics solutions to businesses and empower them with actionable insights on their markets, consumers and latest products or services. Besides offering analytics solutions, the company also has a team of web developers in California to create intuitive and easy to navigate websites for their clients.