Big Data: A key to drive Big Business in a digital era!

Ever wondered what drives businesses? Oh, or maybe, have you ever given a thought about what has been driving businesses for all these years?

The answer is simple: a timely processed data.

Information derived from the organization’s database helps them to derive insightful decisions. The more insights one derives in a fast-paced and cost-effective manner from the data available, the greater are his chances to create a compelling Unique Selling Proposition (USP) for his organization. In short, if managed well, data can make you a Market Leader.

But with time, the volume and complexities attached to data have surged astonishingly.  So Data Scientists, gems who work with database to derive meaningful interpretations from data to give valuable insight to organizations, need to rely on a much-sophisticated technology to drill and mine volumes of data that are otherwise too complex to interpret.

Enters Big Data to save the day!

Big data enables Data Scientists to harness valuable ways of analyzing, drilling, and mining huge volumes of complex data structures to derive meaningful information which otherwise is not possible to do with the help of traditional data-processing software.  Big Data thus manages all the information assets of an organization in cost-effective, innovative forms to process information in order to derive insightful decision making by leveraging the power of automation.

One can imagine, being able to derive key insights after processing volumes of structured and unstructured data – the volume of data which is generated every second of the day throughout the year in a digitally connected world from various stakeholders of an organization –  can help business tycoons to create new ventures. Similarly, failing to do so, watching their business go irrelevant is the other side of the story. It’s no secret that we live in a Knowledge-Driven Economy.  Information is a key to success. Hence an access to cost-effective data storage system with swift data processing techniques to derive insightful information that organizations can put to their Knowledge-Base is pivotal.

Back in 2010, Eric Schmidt, Google’s former chief executive, said that about five exabytes of data (imagine the amount of data that will be recorded in a DVD-quality video that must have been recorded since the time universe was collapsed in one big mass before blowing into a big bang) was created in the world every two days. Hold on to this thought, and as we stand a decade later, imagine the rise of data generation today? It won’t be wrong to say the same amount of data must be generated in every 10 minutes now. You do the maths!

According to research, it is estimated that in just a year, the accumulated world data will grow to 44 zettabytes (that’s 44 trillion gigabytes or imagine an entire mountain range of the Himalayas covered with data instead of snow)! With all this data generated by consumers across the world, organizations need to rely on Big Data will increase. Alone in retail, relying on Big Data can help organizations to increase their sales by as much as 5%.

Where does all this data go?

For quite so long, many giants of Silicon Valley have had Big Data warehouses with no idea what to do about it; for even the thought of processing it was just too daunting. But with breakthrough technologies like Parallel-processing in early 2000s, the multitude of processing data increased giving rise to companies like Google and Facebook. See, that is the power of Data I was talking about; it creates and dilutes ventures!

Managing Big Data was not just enough to win the market; one had to come up with more advanced algorithms like Machine Learning and Artificial Intelligence to ace the game. It helps data applications to run on even more complicated, huge volumes of data in lesser time. Thanks to these technologies we have control devices with just a voice command.

To know about other technologies like Blockchain driving businesses, click here!

Driving economy with Big Data!

 Online businesses like e-commerce and classified websites heavily rely on social media and browser history of consumers to track of surfing behavior of a consumer to derive their accurate buying behavior. After liking a picture of Organic Hair Oil on Instagram, the tempting advertisement and offers on an array of organic products don’t just appear randomly on your browser or anywhere browse digitally. The data is well-connected and processed. It’s no surprise after finding tempting offers on such products throughout the day; you end up buying it even if you didn’t want to. Online traffic and statics reveal that business opportunities lie in the ability knit data together from a wide source and let those sources reinforce to push that data to make pervasive.  One can say Big Data makes organizations smarter, prolific, and agile: by enabling them to harness diverse data types otherwise, previously, unavailable. It also enables them to unravel new business opportunities.

Big Data and Yo2See!

At Yo2See, our goal is to bring together all that you want to see. Anything to buy, rent, sell, publish, and find a job – anything it will be on our platform. With our strong DaaS (Data-as-a-Service) platforms, we bring together data from multiple reliable sources so that you don’t have to scrape one site after another and get lost in content clutter. We aim to offer a geo-intelligence Application Programming Interface (API) to help you find all that you want just near you.  Our web-application will help you get the real-time data powered by classified engines to give you what you need. Go Big with Yo2See as we have Big Data to understand your needs better.

Unleashing the madness, the rise of Yo2See!

Going Click and Mortar is the way forward:

The current unprecedented times have changed the way businesses operate. With everything streaming online: work, entertainment, socializing, and above all commerce; serving customers remotely is the new accepted human experience! In the past, services like e-commerce were used as a way of convenience by the customers. But that is not the case anymore. In current times with foot-traffic in brick and mortar service providers being as less as zero, going online is mandatory for businesses as well as the consumers. With more than half of the population of the world confined to stay home, a 129% year-on-year growth alone in Canadian and other western provinces’ e-commerce has been witnessed by April 2020; according to a report by Forbes. That is a whopping 146% surge in all online orders of the territory. But this online boom has also led to the downfall of traditional business at an alarming rate as well.

Survival of the fittest can never go old:

Digitization of businesses as well as the way we live will be the only fulcrum leading economy and hopes foreword. Companies that still were operating in the traditional way or had a very little digital footprint will soon be out of the game; with many relying on laying off their employees. In the U.S. alone, 30 million-plus workers have filed unemployment claims, according to a report by Forbes. If one talks about Canada, according to another report, nearly 2 million Canadians have lost their jobs in the region in just April amid pandemic. In just Alberta, one of the hardest hit Canadian province, the rate of unemployment is 13.4% as reported.
Powered by seamless AI and human driven technology, user-friendly interface, and clutter-free website, Yo2See gives you things that you need without any hassle. With Yo2See, you are always just a click away to buy, sell, or rent items that you want.

 It’s strange to even already agile start-ups like Zomato and Uber is not only closing their offices but also undergoing mass lay-offs as well. Even the giant brands like Victoria’s Secret had close almost 251 stores in the U.S. alone.  Thus, businesses need to have a gigantic capacity of running in the traditional way and at the same time being able to deliver the same online swiftly. No business is ever prepared to run on zero revenue once operations become obsolete, hence evolving ways of doing business should not be compromised. Mistakes like these left once a million dollar worth car-rental company, Hertz bankrupt; according to a report. 

Watching brands like Hertz and Victoria’s Secret succumb to the uncertainty is no secret. Relying majorly or only on brick-and-mortar model of business is no longer viable for businesses. Keeping up with wave of hyper-digitization brought by pandemic will not only help the businesses to stay relevant in current; but it will be the trait to determine their success in the race against uncertainty to help them survive in future as well.

The coming times will dictate businesses to invest generously to go digital; leading to the merge of business-to-business (B2B) and business-to-consumer (B2C) channels. As you read this article, this merge is already taking place in the business world. With mergers and acquisitions, between traditional organizations and nimble-digital-start-ups, running at the forefront of leading this change. This means that the uncalled change of going digital at the cost of layoffs, wind-ups, investments has its silver lining as well. Agile is no longer an IT exclusive domain, the current times have transformed the landscape of business pumping digitization in almost every sector and its operations as well.

 It’s time to take control:

On the other side of the coin, going online gives unimaginable power to businesses, consumers, and individuals as well. People and businesses will do things online because they can! The downfall like unemployment and shutting of businesses brought by current times is not the end. In fact, it is the beginning of taking charge of things. Thanks to start-ups like Yo2See. Harnessing the power of the internet, Yo2See brings the world together. We are your doorway to get connected to millions of smartphone users to share things that matter to you while making money as well. From the comfort of your home, you can sell, share, and rent anything with just a click. From finding relevant jobs to publish your content, we take care of all your needs. As the economy continues to grapple with falling in the pits of recession, it’s time to take charge of things with Yo2See.

Look around, is something missing in your room; maybe a spare locker you always wanted to keep those stacks of clothes lying around? You can find all that you need within your reach with Yo2See. Or you can do the otherwise as well. Post add of your clothes, you always buy but never wear. It’s time you sell them and make some dollars. You can also rent stuff to make and save dollars while maximizing the power of utilization of items you don’t want to spend huge money on otherwise. That’s not all, at Yo2See, you will get access to a number of relevant jobs matching your skills. It’s time to spruce up your resume and get going. We have got your back. If you are someone who loves to write but struggle with costly portals to publish it? Look no more, you can be a part of every thriving platform of Yo2See to make a change for yourself and those around you.

Unleash your power with Yo2See:

So, as the world continues to grapple with lockdown and lay-off, let Yo2See give flight to your dreams! Be a member of our ever-growing family and redefine the definitions of e-commerce like never before. While everything seems to fall away, sit back and relax and let Yo2See take care of your needs!

A NEW NORMAL WORKFORCE

What will be the future job outlook?

The major question running in our minds in the current uncertain times prevailing globally as the COVID19 continues to change the world order.

Past few months we have been through unlimited zoom calls and gearing up with Microsoft Teams while keeping social distancing in place. Needless to say, millions have already lost their jobs and the numbers continue to hover up in the near future as well.

Talking about its impact on business, companies are now coming up with working from home option – which is turning out to be effective as employees are saving time on round-up trips from homes to offices. It not only has made them more productive but has also streamlined their work-life balance. Management, on the other hand, has calculated the costs they are saving on airfares, hotel stays, car rentals, and taking clients out to expensive restaurants.

Yes, the formal setup of organizations is changing so will the workforce running it! Let’s find out how…

Link: A great article by Jack Kelly narrated by Kamakshi https://www.forbes.com/sites/jackkelly/2020/04/09/theaftermath-of-covid-19-will-cause-alarming-changes-to-our-careers-and-lives/#109a15ca4e52

The tech-savvy workforce will drive your business in future

A 2019 report by Oxford Economics predicted 12.5 million manufacturing jobs will be automated in China by 2030. In the aftermath of the pandemic, it could be way more.

In a report by McKinsey, it projected that up to 30% of jobs in the US will be automated by 2030, and Automation and AI will lift productivity and economic growth. However, it will come with a cost to be paid by the workforce as well. Millions of people worldwide may need to switch occupations or upgrade skills in order to accommodate these jobs.

you2see blog

The World Economic Forum (WEF) estimated the emerging professions resulting from automation could account for 6.1 million jobs globally between 2020 to 2022. We have yet to see how the global pandemic will impact jobs in the long term, but the safest part of all jobs must be in an acceleration in automation to keep human workers, employees, and consumers safe.

Venture investors must seek the right technology, which yields higher-wage, rewarding work and higher-quality, cheaper, more sustainable, safer products, and services. Though the key focus remains to be how the workforce will keep up with the upcoming technology and what pathway will lead them towards that direction.

Link: Amazing facts from Shahin Farshchi narrated by Kamakshi

https://www.forbes.com/sites/jackkelly/2020/04/09/the-aftermath-of-covid-19-will-cause-alarmingchanges-to-our-careers-and-lives/#4e1db5614ae1

Outsourcing is not in anymore

As the home shoring jobs are trending, the outsourcing trend is now going down. The companies are now filling their office positions from home-based positions where employees can work from the comfort of their home and handle customer queries. Ensuring the safety of employees as well as the economic viability of the business.

Thank God for great startups like yo2see which will help uncover a unique, non-consensus market opportunity to invent a powerful tool that will endow the right talent with a dominant position in the new market. It will seek founding teams that can articulate a vision to attract the dollars and talent to build the tools to build and drive future-proof sustainable companies. Yo2see to be launching soon to provide online classified services helping people to make money by renting their items or by selling their unwanted items. An easy way to save and make money!

http://yo2see.com/jobs/

The top 3 trending Business segments thriving and embracing what is on all of our Horizons!

  1. Online Boom is back

A massive wave of online shopping was witnessed recently helping people get stuff they could not at the stores or they did not want to stand in line for hours. The social distancing formula to avoid contact has changed lifestyle of people. People are more comfortable to order most of the things online.

Joe: I need grocery but it’s too much hassle to stand in line and wait for hours

Jill: Well Joe, Login to Walmart or Superstore website! I heard they started personal shopping and are hiring personal shoppers. You can now order what you need and it will be ready for you when you want to pick it up. No hassle for you anymore, happy shopping and don’t forget to Thank the person who will hand it over to you!

  • Walmart Canada is hiring 150,000 employees
online ecommerce job

https://fortune.com/2020/03/20/coronavirus-jobs-walmart-hiring-covid-19-temp-work/

Amy: All the malls are closed; I need my mascara

Sarah: I ordered online and Amazon delivered it in 48 hours, go ahead and get it!!

  1. Amazon is hiring 100,000 employees https://www.forbes.com/sites/johnkoetsier/2020/03/16/amazon-hiring-100000-for-coronavirus-delivery-expansion-investing-350m/#9b987cc1feb5

Yo2see to be launching soon providing online classified services helping people to make money by renting their items or by selling their unwanted items, save money by buying used items from variety of options!

Jason: Man, I got laid off and got all these tools taking space in my storage for which I pay $30 a month. I am thinking to get rid of some and save the space and money.

Peter: I know Jason, I got my landscaping stuff lying too since I closed my business. My nephew was telling me that there is this website coming up where you can rent your tools within your community and make money. I will also put some of my stuff to rent and will sell the rest!

http://yo2see.com/jobs/

  • Online food delivery service industry to be $200 Billion globally!

https://www.forbes.com/sites/sarwantsingh/2019/09/09/the-soon-to-be-200b-online-food-delivery-is-rapidly-changing-the-global-food-industry/#4f8c00e1b1bc

Aman: I feel like eating some butter chicken tonight but our favorite restaurant from where we get is closed under quarantine and too lazy to drive other place.

Sonia: Let’s order online from that Indian restaurant at McLeod, I heard these DoorDash, Skip the dishes and few others can get you the food in no time

online food delivery jobs
  • Home shoring jobs trending putting outsourcing trend down

The companies are now filling their office positions from home-based positions where employees can work from the comfort of their home and handle customer queries.

jobs in 2020

Ali: I lost my job today as our technical support centre is closed and don’t know when they will restart!

Rob: Hey man, don’t worry! I saw on apple website; they are hiring for some home support advisors and you will be a great fit.

https://www.apple.com/jobs/us/aha.html

Conclusion

Work from Home, Automation, and Online Boom will continue to drive our businesses, it will not be wrong to say that casual will be the new formal for all the organizations as well as their workforce. Thus, having a skill set to keep up with the disruptive changes in carrying their “business as usual”, organizations will have to train, retain, and grow the workforce which is self-motivated, tech-savvy, self-analytical, and above all casual!