Plenty of new technologies have emerged. Some of them have quickly established themselves to virtually connect us as an integral part of, well, everything we do. One of the most important in this lot of technologies is Big Data. Given that it helps companies gather, store, process, and analyze an extensive amount of data to pursue previously undiscovered insights and details, it is understandable why it would become such a sought-after technology and that too so quickly. It also explains why…Continue
Added by Ryan Williamson on October 8, 2020 at 12:59am — No Comments
Big data, huh? No matter where you look, there it is! And this seeming omnipresence is not without reason, i.e., the technology does indeed play a vital role in the world today. Defined as an amalgamation of different tools to gather and closely analyze data, big data delivers highly valuable insights and analysis. As you can imagine, this ability has made it highly beneficial to, well, literally every industry and business on the face of Earth. That holds for the manufacturing industry…Continue
Added by Ryan Williamson on September 25, 2020 at 2:22am — No Comments
Big data has come to play an essential role across the entire spectrum of industries in the world today, including real estate. In fact, in real estate, this novel technology has an exciting role to play. You see, real estate is inherently complex, thanks to the countless factors involved; there’s the people, the local real estate market, and several other factors that affect it. As a result, it can be quite challenging too, say, determine the right price or rent for a given property.…Continue
Added by Ryan Williamson on August 27, 2020 at 5:12am — No Comments
The online food delivery business has taken off in the past few years — that much everyone knows. But do you know why this industry has noticed such rapid growth in demand and popularity? It is because of the utter convenience they deliver. Today’s customers come with high expectations, and this industry seems to have checked all the boxes one needs to; well, save for one. Delivery time — this continues to remain a sore spot for most customers who engage with online food delivery businesses.…Continue
Added by Ryan Williamson on June 19, 2020 at 1:13am — No Comments
The world is on the constant lookout for technologies that can help us further improve how we go about not only our daily lives but how we conduct business as well. And this search has led us to highly valuable resources: Geolocation and big data. We know the world is brimming with data, which makes it vital to use technologies that can help us sort through this data and make some sense of it. That’s where big data comes in — allowing us to extract value from the abundance of data. It is…Continue
Added by Ryan Williamson on April 13, 2020 at 1:58am — No Comments
The ability of companies to provide great healthcare has always been reliant upon data. Before the widespread adoption of technology, important information came from medical exams, checkups, and direct communication between physicians. …Continue
Added by Luke Fitzpatrick on December 15, 2019 at 11:30pm — No Comments
By 2027, the big data market is estimated to grow to USD 103 billion. And by 2022, the global big data and analytics market is predicted to grow to USD 274 billion, statistics backed by Statista.
The scarcity of talent in the big data industry is being wooed by hefty pay packages, but only to those with extensive knowledge in big data tools and technologies.…Continue
Added by Yoey Thamas on December 3, 2019 at 1:41am — No Comments
Despite being about as prevalent as electricity, it can be difficult to adequately explain how critical data is to the modern world. From business operations to tackling the environmental crisis, data is the key to unlocking insight and developing intelligent solutions across every sector. Although Big Data has been in the news for at least a couple of decades, other types of data are now getting air time as well. Open…Continue
Added by Lewis Wynne-Jones on October 31, 2019 at 5:30am — No Comments
Data science is becoming the pulse of the industry as they provide the minute details to speed up marketing campaigns, enhance business opportunities, drive excellence and earn profit in business by making intelligent decisions.
As a result, the job market for data science professionals is proliferating. The scope in the field of Data Science is vast and opens up several innovative opportunities by 2020 and beyond. Learn data science skills and become one among the…Continue
Added by Yoey Thamas on September 20, 2019 at 1:00am — No Comments
Today’s business environment is as competitive as ever. With digital and brick-and-mortar businesses coalescing to create a comprehensive ecosystem of goods and services, differentiation can be difficult.
Efficiency and accuracy are becoming the drivers of success.
To put it simply, making the right business…Continue
Added by Evan Morris on August 27, 2019 at 8:00pm — No Comments
Added by Stephanie Shen on July 28, 2019 at 3:30pm — No Comments
Data is growing at an unimaginable speed. Data has been and will be the most crucial driving factors behind day-to-day activities that we carry out. As we talk, tons and tons of data---in exabytes is being added and processed each day, making it difficult to handle such an astronomical amount. There lies one major difficulty in handling such large amount of data. Since the volume is increasing rapidly in comparison to the computing resources, we find it…Continue
Added by Jane Brewer on June 24, 2019 at 8:00pm — No Comments
Added by Stephanie Shen on June 23, 2019 at 7:30am — No Comments
Big data is the buzzword today, isn’t it?
We live in the golden age of what…Continue
Added by Hiren patel on June 14, 2019 at 7:42pm — No Comments
According to the “Future of Jobs 2018” report, it is said that with advancement in machines and artificial intelligence it is likely that these technologies will replace 75 million jobs by 2020. Data scientist remains to be one of the trending careers, and those interested in pursuing data science as a career must first have the right skill set to land a job in this field.
As more companies become data-driven, professionals skilled in data science…Continue
Thanks to evolving technology, retail marketers nowadays have access to wide range of data and analytics tools, which is making everyone’s life easier. It gives businesses a chance to solve problems and provide excellent customer experience.
The ability of machines to process data and perform tasks in a way that mimics human intelligence such as voice and visual recognition or decision making is opening many doors for online retailers, and brand owners look for ways to…Continue
Added by Karolina Sposob on March 11, 2019 at 12:30am — No Comments
“Information is the oil of 21st century and analytics is the combustion engine” ~ Gartner
Big data is the new oil and there’s no denying to this fact. In certain ways the analogy fits, it is easy to draw attention about how information (data) is used to power much of the transformative technology that we see today such as predictive analysis, automation and artificial intelligence etc.
As technology move…Continue
Added by Aileen Scott on February 10, 2019 at 6:30pm — No Comments
Every business challenge that is to be solved with a data-driven decision has a data universe behind it. This data universe is the set of data that could be captured that is linked to the business challenge.
A data universe is formed by information and noise: Information is data that can be transformed into knowledge; noise is data from which no…Continue
Added by Ramon Serrallonga on January 1, 2019 at 6:36am — No Comments
Imagine that one day, you see people are queuing up in front of Bank A; so you ask the staff at the counter, you are told that they are offering anyone (regardless of their credit history) a loan of $100,000 at a fixed annual rate at 2%. You then look around, the Bank B next door offers 1-year term deposit with a fixed annual rate at 3% for the same amount ($100,000). After 5 minutes' waiting, you sign for the loan from Bank…Continue