Sachin Vyas
March, 2015
Big Data is consistently a leading buzz-word in technology industry for the last 4-5 years. Rightly so, it is possibly the most important part of overall technology spectrum, across industries - as it connects the most fundamental part of all i.e. data and which is has been exploding at never-seen-before type of pace.
As the Big Data technologies came into being to tame such increase in data, there are many potential business benefits were imagined by early adopters and visionaries. Now, that the need & value from Big Data Technologies is well established, enterprises' big data adoption is on the way to become mainstream.
But the key technology & business challenges continue to slow down this transformation. Technology complexities are overwhelming and still evolving, skills are rare & re-tooling existing skills can be wasteful, enterprise grade governance expectations are not offered out-of-the-box.
So there is a clear need to address people skills, processes and enterprise expectations - in order to take Big Data mainstream, faster.
Starting up augmentIQ
The founding team of augmentIQ had previously built India's first and world's largest micro-finance credit bureau - capable to deal with 300 million credit facilities on a daily basis. Our team has a technology & functional background of building large-scale data products.
With team's experience in technology space, we set out to build a venture that can bridge the gap in Enterprises' adoption of open source Big Data technologies and solutions.
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