Top 4 Big Data Analytics Companies In Australia 2021

Top 4 Big Data Analytics Companies In Australia 2021

Top 4 Big Data Analytics Companies in Brisbane, Australia

What is Big Data?

Big data is a field that treats ways to analyse, systematically extract information from, or otherwise deal with data sets that are too large or complex to be dealt with by traditional data-processing application software.

Current usage of the term big data tends to refer to the use of predictive analytics, user behaviour analytics, or certain other advanced data analytics methods that extract value from big data, and seldom to a particular size of data set.

Big data uses mathematical analysis, optimization, inductive statistics, and concepts from nonlinear system identification to infer laws (regressions, nonlinear relationships, and causal effects) from large sets of data with low information density to reveal relationships and dependencies, or to perform predictions of outcomes and behaviours.

Big data can be described by the following five characteristics:

  • Volume
  • Variety
  • Velocity
  • Veracity
  • Value

Why do businesses use big data?

Data is the new oil and increasing organizations are focusing on reorienting their digitization strategy around data.

Data drive digital initiatives and enterprise data has a typical journey all the way from sourcing to intelligent visualization.

Compared to the traditional methods, Big Data Analytics is much more objective, and it helps businesses to make the correct decisions using data insights.

With the help of Big Data Analysis businesses can

  • Improve decision making
  • Monitor assets
  • Improving productivity
  • Effectively control expenditure without negative impact
  • Enhance customer engagement
  • Identify new revenue streams

Big Data makes decision-making faster and solving problems more efficient.

The 3 forms of Big Data are,

  • Structured
  • Unstructured
  • Semi-structured

Global BigData Market

Statista forecast says that the global big data market is forecasted to grow to 103 billion U.S. dollars by 2027, more than double its expected market size in 2018. With a share of 45 percent, the software segment would become the large, big data market segment by 2027.

Top 4 Big Data Analytics companies in Australia

1.OptiSol Business Solutions

https://optisol.com.au/

Data drive digital initiatives and enterprise data has a typical journey all the way from sourcing to intelligent visualization.

OptiSol believes that A-Data journey comprises of four stages:

  1. Sourcing/Aggregating Data
  2. Annotation/Data Labelling
  3. Leveraging Machine Learning & Artificial Intelligence
  4. Data Visualization.

OptiSol offer custom solutions in each of these phases that will accelerate your digital journey and realize the power of new oil (Data).

A team of about 300+ Agile smart employees, with 13+ years of industry experience, OptiSol is considered as one of the top big data analytics companies in Australia.

2.Beyond Analysis

https://www.beyondanalysis.info

Beyond Analysis is a data science, analytics and strategic data solutions and consulting business.

They operate their data-led strategy consulting services globally and deliver our data science, engineering and analytics through the highest quality data talent, borderless data services and best in class global thinking.‚Äč

BA have helped clients globally use data to drive efficiency gains and business improvements by enabling them to better understand their customers and business operations.

3.IBT (Integrated Business Technologies)

https://www.ibt.com.au

IBT (Integrated Business Technologies) is an Australian IT professional services firm.

They are specialised in Data Management, On-Premises and Cloud ERP and Operational Intelligence.

For over a decade now, they have dedicated themselves to taking the hassle out of IT systems for the clients – allowing them to focus on what truly matters, growing their business.

They provide end-to-end solution for data integration and analytics.

4.Pernix

http://pernix.com.au/

Pernix are seasoned data experts and business builders.

Pernix provides end-to-end data solutions aimed at driving better insights and outcomes.

They are industry leaders in data sourcing, capture, harvest, transformation, analysis, and interpretation. Their focus is on the right solutions and outcomes for the clients.

Their range of data solutions and products are designed to transform and power performance.

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