Claims:We claim:
1) The system and method for boosting overall performance of bank employee by using big data technology is comprising of the contents such as;
a. Any computing device with high definition;
b. Any open-source framework like Hadoop for data analysis which stored data on big data; and
c. The web application for boosting overall performance of bank employee
2) The system claimed in claim 1 wherein, big data analytics analyses employee performance can be assessed whether or not they have achieved the monthly/quarterly/yearly targets.
3) The system claimed in claim 1 wherein, big data analytics can determine ways to help them scale better.
, Description:FIELD OF THE INVENTION
The present invention discloses the system and method for boosting overall performance of bank employee by using big data technology. The invention is related to banking sector, which are now well developed due to upcoming technologies. Big data is one of the best technologies which can be effectively used for boosting overall performance of bank employee.
BACKGROUND OF THE INVENTION
Employee performance is defined as how an employee fulfils their job duties and executes their required tasks. It refers to the effectiveness, quality, and efficiency of their output. Performance also contributes to our assessment of how valuable an employee is to the organization.
Performance appraisal is the process of assessing the performance and progress of an employee or of a group of employees on a given job and his/her potential for future development. It is an objective study. Its main purpose is to secure necessary information for making objective and correct decisions on employees.
Trust and coordination are the main variables which play a significant role in the employee’s performance. It means that private sectors banks management should produce the environment of trust and coordination for the employees.
The present invention gives the help or method for boosting overall performance of bank employee in banking.
The present invention discloses the system and method for boosting overall performance of bank employee by using big data technology. With performance analytics, employee performance can be assessed whether or not they have achieved the monthly/quarterly/yearly targets. Based on the figures derived from current sales of employees, big data analytics can determine ways to help them scale better. Even banking services as a whole can be checked know what works and what doesn’t.

Big data solutions in banking allow bank to collect, make sense of and share branch (as well as individual employee) performance metrics across departments in real time. This means better visibility into the day-to-day operations and an elevated ability to proactively solve any issues.
OBJECT OF THE INVENTION
The main object of the invention is, system and method for boosting overall performance of bank employee by using big data technology.
Another object of the invention is, big data analytics analyses employee performance can be assessed whether or not they have achieved the monthly/quarterly/yearly targets.
Another object of the invention is, based on the figures derived from current sales of employees, big data analytics can determine ways to help them scale better.
Other object of the invention is, big data solutions in banking allow bank to collect, make sense of and share branch (as well as individual employee) performance metrics across departments in real time.
SUMMARY OF THE INVENTION
The present invention discloses system and method for boosting overall performance of bank employee by using big data technology. With performance analytics, employee performance can be assessed whether or not they have achieved the monthly/quarterly/yearly targets. Based on the figures derived from current sales of employees, big data analytics can determine ways to help them scale better. Even banking services as a whole can be checked know what works and what doesn’t.
BRIEF DESCRIPTION OF THE DRAWINGS
Fig 1 shows flowchart of the method and computer program for this invention.
DETAILED DESCRIPTION OF THE INVENTION
The present invention discloses the system and method for boosting overall performance of bank employee by using big data technology.
Big data is the vast volume of structured or unstructured data that is readily available at our collective fingertips. These large data sets are analysed to reveal previously unknown patterns and provide insights into businesses, human behaviour, and more. Big data analysis is used for everything from financial services, to gauging someone’s productivity, to even monitoring the weather.
The key feature of big data is to analyse, understand and interpret it in order to give user a full picture as possible about boosting overall performance of bank employee.
The system and method for boosting overall performance of bank employee by using big data technology is comprising of the contents such as;
Any computing device with high definition
The web application for boosting overall performance of bank employee
Any open-source framework like Hadoop for data analysis which stored data on big data
Big data consists of five stages such as-
Data sources- web and social media, machines, Sensing, IoT
Content format – structured, semi-structured, unstructured data
Data stores – document oriented, column oriented, graph database, key value
Data Staging – cleaning, transform and normalization
Data processing – Batch and real time
The system and method for boosting overall performance of bank employee by using big data technology is comprising of the steps are as;
Step 1) The web application of boosting overall performance of bank employee is created
Step 2) Banking team member open the invention application
Step 3) Big data analytics analyses employee performance can be assessed whether or not they have achieved the monthly/quarterly/yearly targets
Step 4) Banking team member make a plan for boosting overall performance of bank employee based on the figures derived from current sales of employees with the help of big data
Role of Big data in invention application is as:
With performance analytics, employee performance can be assessed whether or not they have achieved the monthly/quarterly/yearly targets. Based on the figures derived from current sales of employees, big data analytics can determine ways to help them scale better. Even banking services as a whole can be checked know what works and what doesn’t.
Big data solutions in banking allow bank to collect, make sense of and share branch (as well as individual employee) performance metrics across departments in real time. This means better visibility into the day-to-day operations and an elevated ability to proactively solve any issues.
Invention has some advantages such as;
Speed – real time analysis is a critical aspect here, coupled with scalability in production environments to handle high volumes of data, so big data platforms can help move large data fast.
Archive – Banks must also use analytics to understand the performance of each and every employee.