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Informative Article | Computer Engineering | India | Volume 10 Issue 11, November 2021
Strategies and Technologies for Building Scalable Analytics Solutions for Large Enterprises
Abstract: In the digital economy, data serves as a crucial asset for large enterprises, driving strategic planning and decision - making. The capacity to efficiently manage and leverage vast amounts of data through scalable analytics solutions has become a fundamental need for organizations seeking a competitive edge. Scalability in analytics allows for the accommodation of increasing data volumes without compromising performance, cost - effectiveness, or accuracy. This paper explores the significance of scalable analytics solutions in enabling large enterprises to navigate the complexities of modern data landscapes. By integrating advanced technologies such as cloud computing, big data frameworks, artificial intelligence (AI), and machine learning (ML), businesses can develop flexible and robust analytics frameworks capable of adapting to future challenges. Through a comprehensive analysis of the challenges, strategies, technologies, and real - world applications, the paper underscores scalable analytics' role in achieving data - driven insights, operational excellence, and sustainable competitive advantage. It highlights the necessity of adopting strategic approaches, including elasticity, distributed computing, and microservices architecture, alongside the implementation of best practices in data governance, security, and talent management. The discussion extends to future trends, such as the integration of advanced AI and increased emphasis on data privacy, predicting a landscape where scalable analytics becomes even more integral to enterprise strategy. The paper concludes by affirming scalable analytics as both a technological imperative and a strategic asset for enterprises in the digital age, driving innovation, efficiency, and growth.
Keywords: Scalable Analytics Solutions, Cloud Computing, Enterprise Strategy, Analytics Solutions, Challenges in Scalable Analytics Solutions
Edition: Volume 10 Issue 11, November 2021,
Pages: 1516 - 1521