Today, the companies have numerous data to store and procure insightful data out of them. Big data extracts information from different data sets that are available to companies through modern data processing software tools like BI, ERP, HRMS among others. It gives one concrete data gathered from different software tools to give precise information to the organisation to make them future ready.
Globally, big tech. companies are already using big data so that they can work using singular data rather than aligning themselves with multiple data. Big data gives you a bird eye view of every department by extracting and analyzing relevant information from different data sets.
Big data helps in better action plan as the employer can strategies better talent management by processing people analytics. They can map lacking skills sets in the organization, which will help them in better recruiting and succession planning.