Big Data
Big data is a buzzword, or catch-phrase, used to describe a massive volume of both structured and unstructured data that is so large it is difficult to process using traditional database and software techniques. In most enterprise scenarios the volume of data is too big or it moves too fast or it exceeds current processing capacity. Despite these problems, big data has the potential to help companies improve operations and make faster, more intelligent decisions.
Big data is a collection of data from traditional and digital sources inside and outside your company that represents a source for ongoing discovery and analysis.
Big data is commonly misunderstood as to digital inputs like web behavior and social network interactions; however it also includes the traditional data derived from product transaction information, financial records and interaction channels, such as the call center and point-of-sale.
Big data can be characterized by 3Vs: the extreme volume of data, the wide variety of types of data and the velocity at which the data must be processed. Although big data doesn’t refer to any specific quantity, the term is often used when speaking about petabytes and exabytes of data, much of which cannot be integrated easily.
Because big data takes too much time and costs too much money to load into a traditional relational database for analysis, new approaches to storing and analyzing data have emerged that rely less on data schema and data quality. Instead, raw data with extended metadata is aggregated in a data lake and machine learning and artificial intelligence (AI) programs use complex algorithms to look for repeatable patterns.
Big data analytics is often associated with cloud computing because the analysis of large data sets in real-time requires a platform like Hadoop to store large data sets across a distributed cluster and MapReduce to coordinate, combine and process data from multiple sources
Do your applications support your business?
Custom-developed applications deliver exactly what you need
Maintaining your business is unique. Off-the-shelf IT solutions and pre-packaged software might not suit your business and technology goals. Although you have the option of modifying your business to work around the software, it isn’t always possible or desirable to do so. IT solutions should conform to your business, not the other way around.
Customizing prepackaged solutions or developing applications from scratch may better provide the functionality your business requires, but development work is fraught with its own challenges. Often, it necessitates venturing into new technologies, and you may be limited by the bandwidth of in-house staff. To further complicate the process, you may need to integrate your new systems with other key internal and customer-facing applications and/or migrate critical legacy data.
Employing the seasoned flexibility and deep experience of an outside consultant/developer can ensure you successfully develop and integrate the exact IT solution you need without wasting time and financial resources.
TSoft developers have the skills and experience to meet your technology and business goals.
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Flexible Engagement Models
Depending on project-specific characteristics, we propose 3 major engagement models
Fixed Price
Fixed budget and deadline.
TSoft covers all project risks.
Time & Materials
Costs on the basis of man hours actually worked, and can be flexibly adjusted to the changing needs for time and resources.
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You assemble your team of professionals of required qualification, taking full control over project progress and budget scheme.