How Data and its Myriad uses in Company Building.

in bigdata •  7 years ago  (edited)

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Data is the key to comprehend the needs of customers in this rapidly growing business platform. Be it a startup in nascent stage or an established firm data plays a pivotal role in setting up the pace in which a company has to move forward without incurring substantial losses and maximizing their profit avenues. We shall further try to understand the concept of data management with an example of a mid-level company.

What’s the need of DATAVLT for your business?

Let’s take an example of a mid-level company that makes use of a fair amount of data in its day-to-day use. By making use of the data it yields a profit of 6% annually, but the profits can be increased manifolds by making use of the data more efficiently.

DATAVLT helps in restructuring and organizing of data that helps in the long-term and immediate growth of the company. As they say, Data unutilized is data wasted and data should be used to measure, predict and analysed for the betterment of a given organization.

Why DATAVLT? And not other platforms.

DATAVLT is an admixture of Bigdata’s predictive platform for analysing and predicting data and Blockchain technology to protect the very same data from hackers and other malicious sources that can harm, use and illegally trade the data. Blockchains are protected by many computers that run on nodes and the transactions are confirmed real-time. The faster transactions is one of the reasons that companies are shifting towards Blockchain technologies in dealing with important data and monetary related aspects of company’s development.

DATAVLT uses blockchain to make sure your data and the transactional methods are protected. Blockchain being a peer-to-peer technology can increase the potential of each networks. DATAVLT see the polymorphic capabilities that’s associated with the Blockchain technology and will use decentralised framework for the maximum advantage mainly on data exchanges to ensure measurable results. Summing up all the above qualities that have been embedded in DATAVLT makes it an ideal platform to be used by all types of companies. Connect our Telegram Group

Find out more about us:

DATAVLT Website — http://datavlt.com/

DATAVLT Telegram — https://t.me/datavault

DATAVLT Twitter — https://twitter.com/datavlt

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