No matter if your company is looking for big data analytics help or you are just starting to analyze existing data, it's important that you find the right firm. You'll want a team of experts who understand how to interpret and present data in a meaningful way. In this article, we will look at the types of services big data consulting firms provide, as well as the key players in the market. We'll also discuss key characteristics of a good company and the experience of consultants.
Hiring a big data consultant is expensive
It's worth considering how much your current data analysis costs to determine how much it will set you back for a big data consultant. Most big data consultants charge by the hour, but you can also choose by project. Longer projects tend to cost more than shorter ones, so make sure you know what you're getting yourself into. Before hiring a bigdata consultant, you need to determine your needs and what the end result should look like.
A big data consultant can provide a cost-effective and efficient solution to big data. Because you have access to top talent, hiring a consultant can be a cost-effective option. You won't need to manage budgets or schedule conflicts like an employee. The consultant will focus 100% of their attention on your project. This means that you can focus on other aspects of your business.
Key players in the market
North America dominated the global big-data consulting market in 2016. This dominance is expected to continue during the forecast period. Market growth can be attributed to the increased adoption of analytics services in developed regions, especially North America. Asia-Pacific, on the other hand, is predicted to register the highest growth during the forecast period, owing to the rapid data generation in this region and growing interest across various sectors.
Asia-Pacific is expected to be in high demand for big-data services and have a strong technical foundation. A strong presence in emerging nations of automobile and electronic companies, as well flourishing research facilities, will support the region. However, the market growth in this region will be slow, with many factors hampering the market's growth. Here are the major players in the global market for big data consulting:
Qualities of a successful firm
Many qualities are critical to the success of any big data consulting business. These qualities include the expertise of the big-data engineers and scientists. These professionals have extensive experience with big data projects, and can help you determine the best types of business analytics to meet your goals. They should have excellent English communication skills. A great big data consulting firm will perform a discovery phase prior to developing a final solution. The team will identify business objectives and user journey maps to shape the final scope of the solution. They will also validate hypotheses, assumptions and other perspectives.
A large number of services is a key requirement for a good big data consultancy firm. This means it can offer services in multiple industries and sizes. A large tech company may want a firm to help them with big data projects across several sectors. Big data consultants must have extensive experience working with companies in diverse domains and sizes. Be sure to check out their testimonials and portfolio before hiring them. If the firm doesn’t have a large portfolio it is most likely they lack the expertise needed to provide a comprehensive solution.
Experience level of consultants
There are many methods to gauge the experience of big-data consultants. While experience is definitely a plus, it's possible for some candidates to lack the necessary expertise to be successful in their job. Fortunately, there are a number of qualifications that are essential for big data consultants, and the following are some tips to keep in mind. This is the most important thing to look at. Experience is crucial for this role because it entails working with multiple systems to create a unified view of your data.
Technical expertise is another crucial factor to consider. A big data consultant should be well-versed in the latest technologies and have a thorough understanding of how technology can benefit the business. They should also be proficient in the use of various big data platforms and tools such as Hadoop, MongoDB, MapReduce. Big data consultants may also recommend cloud computing solutions.
FAQ
Do I need legal advice?
Yes! Yes. Many consultants sign contracts without seeking legal advice. This can lead into problems down-the-road. What happens if the client cancels the agreement prior to the consultant's completion? What happens if the consultant doesn’t meet the deadlines specified in the contract.
Avoid potential legal problems by consulting a lawyer.
How can I select a consultant?
There are three major factors you should consider:
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Experience - How experienced is the consultant? Is she an expert, beginner, intermediate or advanced consultant? Do her qualifications and knowledge show on her resume?
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Education - What did he/she learn in school? Did he/she take any relevant courses after graduating? Are we able to see evidence of his/her learning through the way he/she writes
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Personality – Do we like this person/person? Would we like him/her to work with us?
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These questions will help us determine if the consultant is right to meet our needs. If there are no clear answers, then it might be worth an initial interview to learn more about the candidate.
Why hire consultants?
There are many factors that could lead to you hiring consultants.
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You may have a problem or project that your organization needs to solve.
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You would like to improve your skills or learn new things
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You want to work with an expert in a particular field
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You have no other choice but to do the job.
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It's overwhelming to see all the information, and you don't know how to get started.
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You don't have the money to pay someone full time
The best way to find a good consultant is through word of mouth. Ask around to see if you know any good consultants. Ask someone you already know to recommend a consultant.
If you decide to use online directories like LinkedIn, use the "Search People" feature to look for consultants in your area.
How much do consultants earn?
Although some consultants can make more than $100k annually, the majority of consultants earn between $25-$50k. The average salary for a consultant is $39,000. This includes both hourly and salaried consultant.
Salary depends upon experience, location, industry and type of contract (contractor/employee). It can also depend on whether the consultant has their own office or works remotely.
How can I become an expert consultant?
Finding a passion area is the first step. Next, you need to establish relationships. You need to know what clients want and how they operate. The final step is to provide results.
You don't have to be the best at everything, but you do have to be better than everyone else. You must also have passion for your work. It isn't enough just to say, "I'm going to be a consultant." You must believe in yourself.
Statistics
- "From there, I told them my rates were going up 25%, this is the new hourly rate, and every single one of them said 'done, fine.' (nerdwallet.com)
- My 10 years of experience and 6-step program have helped over 20 clients boost their sales by an average of 33% in 6 months. (consultingsuccess.com)
- WHY choose me: Why your ideal client should choose you (ex: 10 years of experience and 6-week program has helped over 20 clients boost their sales by an average of 33% in 6 months). (consultingsuccess.com)
- So, if you help your clients increase their sales by 33%, then use a word like “revolution” instead of “increase.” (consultingsuccess.com)
- According to IBISWorld, revenues in the consulting industry will exceed $261 billion in 2020. (nerdwallet.com)
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How To
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