Tuesday, 7 February 2017

How Big Data influences Events Industry


Big data, by definition, is a data set which utilizes technologies and techniques to capture, manage, decipher the complex, massive and diverse data. The resource of data is like a stream to the business which assembles relevant data together and applies the analysis and allows people to get insight into the deeper area of an industry. On the base of database, we have access to disclose the hidden insights and analyze trends. Hence, with the analysis of big data, it harnesses organizations and companies to enhance their advantages, improve profits, find potential markets as well as satisfy their customers. Event industry also benefits from big data.
Harnessing the event industry with big data can lessen dissatisfaction of participants and customers. As we know, personal experience is one of the most important standards of a successful event. With the ability to meet the demand of participants and customers, recent tech like VR, iBeacon and RFID can help planners to enhance the experience effectively. For example, chasing the process of event quickly can provide customers a chance to catch up with the peace of events; checking related information about events can decrease obstructs between planners and customers without squandering their precious time; allowing to attempt new products by virtual reality can also leave a deep impression.
Besides, what frets event planners is to make a correct decision to adjust in the right time. Equipping with big data, event planners can detect and regulate the aspects of event attendees in real time. In this way, negligence and inattention can be overcome by it.
In addition, spotting bottlenecking is strongly related to success of event. If event planner don’t notice and address this problem, then crowds can impede organization of event. Indeed, applying big data during the event, it is easy to check the number and all program can’t be swallowed by crowds.
Furthermore, utilizing big data can’t be limited by the experience of attendees, there are diverse approaches to update and strengthen event by big data.
Only focusing on planners and attendees is far away to take advantage of big data, it can be a way to improve this industry between planners and suppliers. To share the data base of relevant events, what can be achieved is to create a platform of event industry in order to not only share but also analyze the data. And there is an access to obtain information of every event including time, attendees, tools, organizers. By doing in this way, it is very vivid and clear to suppliers to find a target and fund this event.
What’s more, by fierce competition, planners can interact quickly and figure out the solution of problems.

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