10 reasons why industries should use custom analytics applications

Analytics is a complex process of breaking down streams of data into its many components in order to find patterns, trends and correlations. The market place is full of analytics products and though most of them are good, they may not be sufficient for performing analysis outside of their pre-programmed capabilities, especially with numerous big data applications in industries. This means that when data owners want to query company-specific or data-specific scenarios, their tools will not be of much help. Building a new internal system is one way to address this challenge, though the process is expensive, labor intensive and will require very specialized expertise to manage. A company operating on a lean budget might be better off investing in ready-made custom analytics products.