Big Data can Help Businesses During the Lockdown? | by Divyesh Dharaiya

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Almost the whole world is talking about coronavirus and the lockdown. There is already so much that is being said and done related to the pandemic. There is a lot that is happening in the world right now. We are struggling to get rid of the pandemic, we are trying to find a solution and we are also planning to somehow manage the slowing economy. However, the best that we can do right now is, stay hopeful and positive. Although, several industries are struggling badly. But, there are a few of the positives that we can focus on too, like the immense use of digital media and generation of a massive amount of big data Hadoop developer. In this article, we will explore how companies can take advantage of the huge amount of data.

There is a huge amount of data, which is being generated related to COVID-19. Data related to the patients and symptoms and the insights generated from the heap of data are used extensively. Apart from that also, a massive amount of data as well as a result of the analysis of the data are being used for finding a solution or improving this condition. Other than that, there is a lot of data related to the medicines and the impact of the medicines which is turning out to be quite useful too. Not just that, data related to equipment, masked, ventilators, etc. are being used to make various valuable decisions. Thus, any and every type of data, which is related to COVID-19 is turning out to be quite useful.

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Data analysis empowers the governments and the agencies to prepare better for the management of the crisis. For example, data related to the hospital capacity, number of staff members, number of patients, etc. can eventually be very useful. Big data is a very helpful technology to manage the lockdown situation as well.

During this situation, one of the industries that are very critical for the world is the essential goods industry. Therefore, the industry has to make sure that they try everything possible to ensure that they supply as many goods as possible. However, they are facing tremendous problems. The demand is extremely high, and it is not at all easy for the service providers to ensure that they meet all the demands. Therefore, the role of big data is quite impressive.

A lot of data is being generated and gathered by online businesses and through websites and applications. The eCommerce businesses fetch plenty of details of their customers. Data analytics help businesses to understand the key requirements and the ways to fulfill them. With the help of the data, the .Net development companies would be able to understand customer behavior and buying patterns. Based on that information, catering to their needs would be easier. Also, with the help of insights, businesses can manage their inventory very wisely. Listed above are a few of the top ways to get the maximum benefits from the data. Apart from these also, data could be used for various purposes.

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One of the other industries which are positively impacting by the lockdown situation is the digital entertainment industry. People have nothing else to pass their time than to watch something online. Therefore, all the applications and online sites that support digital content are enjoying huge viewership. However, the industries have the opportunity to grow more. They can gather a lot of information about the interests and the requirements of the audiences. Based on the interest and needs of the people, the industry can curate more content for the audience. There is a lot that the entertainment industry will get to understand from the watching histories and the choices and patterns of the people. All this data would surely help the entertainment industry to make better and more impactful content for the audiences. Also, this is a great opportunity to check the performance of their already live content.

Big data is used by the healthcare industry as well, especially the healthcare insurance industry. The insurance industry also has a lot to do during this time. We know there are new insurance plans etc. which are being offered to the people. During this time, the healthcare insurance can use various types of data to offer better products for customers. They have the scope to sell, and they can make the most of it with the help of big data insights. The healthcare insurance industry can also use several insights related to the pandemic to make smarter plans.

Big data is still increasing, and various industries can use the insights to make smarter strategies. Therefore, the demand for big data will surely increase now and in the future as it is turning out to be quite beneficial for the world.

Credit: BecomingHuman By: Divyesh Dharaiya