Big Data tools not only simplify lengthy analytical procedures in any industry, but they also provide a competitive advantage to banks. With new regulations, banks are looking at ways to make compliance procedures more effective and accurate. Big Data in banking is slowly gaining momentum and becoming an inevitable necessity across the banking industry. As… Continue
Added by Deena Zaidi on November 2, 2017 at 11:00am —
Since releasing the University of San Francisco research paper on “How to Determine the Economic Value of Your Data” (EvD), I have had numerous conversations with senior executives about the business and technology ramifications of EvD. Now with the release of Doug Laney’s “Infonomics” book that builds upon Doug’s EvD work at Gartner, I expect these conversations to intensify. In fact, I just traveled to Switzerland to discuss the potential business and technology…
Added by Bill Schmarzo on November 1, 2017 at 11:00am —
This blog was written with the thoughtful assistance of David Leibowitz, Dell EMC Director of Business Intelligence, Analytics & Big Data
So data warehousing may not be cool anymore, you say? It’s yesterday’s technology (or 1990’s technology if you’re as old as me) that served yesterday’s business needs. And while it’s true that recent big data and data science technologies, architectures and methodologies seems…
Added by Bill Schmarzo on October 29, 2017 at 4:30am —
You can’t get to the “What” and the “Why” by focusing on the “How”
In the gold rush to “monetize” IOT, organizations are frantically installing sensors on everything that moves (and some things that should not move), hoping that someone in the business will figure out a way to get financial value out of the resulting data.… Continue
Added by Bill Schmarzo on October 8, 2017 at 1:00pm —
In 2006, marketing commentator Michael Palmer had blogged, “Data is just like crude. It’s valuable, but if unrefined it cannot really be used.”
After nine years, the statement still holds true across any industry that depends on large volumes of data. It is true that until and unless, data is not broken down into pieces and analyzed, it holds little value.
As the world becomes more receptive to the advantages of big data, the oil industry does not seem to be far… Continue
Added by Deena Zaidi on October 4, 2017 at 7:00pm —
Data Analytics remains incomplete without data visualization.
In a Data Analytics course, I understood how Tableau was a useful tool so as to create and explain a visual story that heavily relied on big data. As a student, I was given x-cases which required data retrieval, cleaning, manipulation, and analysis so as to make appropriate recommendations.
To start with, I have a double major in finance and international… Continue
Added by Deena Zaidi on October 4, 2017 at 7:00am —
Equestrian sports is one of the oldest forms of sports entertainment. Its history can be dated back to the ancient Greek civilization. Since then, the trots have transcended the periodical barriers from time to time, walking stride to stride with the age-specific customs, and entertaining the crowds in the process. And,… Continue
Added by Ronald van Loon on September 13, 2017 at 4:30am —
Digital transformation is underway in practically every industry in the world. Companies, businesses and organizations throughout the world are leveraging their assets, big data and analytics for an edge over their competitors. In fact, data analytics and big data have gained popularity to the extent that data analysis for differentiation is…
Added by Ronald van Loon on September 3, 2017 at 11:30pm —
Over the last few years, organizations have made a strategic decision to turn big data into competitive advantage. Owing to rapid changes in the trends of BI and DW space, Big Data has been driving the organizations to explore the implementation aspects on how to integrate big data into the existing EDW infrastructure. The process of extracting data from multiple sources such as social media, weblogs, sensor data etc. and transforming that data suit the organization’s analytical needs is… Continue
Added by Sirish M Simha on August 24, 2017 at 10:30pm —
All of us are accustomed to the smart wearables, such as the ones we wear on a jogging track. We also have seen the concept of smart homes turn into a reality. We have seen a farmer sort and track his flock of sheep with the help of a mountable RFID device.
Every physical element around us (including ourselves) have become a part… Continue
Added by Ronald van Loon on August 22, 2017 at 2:00am —
Outdated, inaccurate, or duplicated data won’t drive optimal data driven solutions. When data is inaccurate, leads are harder to track and nurture, and insights may be flawed. The data on which you base your big data strategy must be accurate, up-to-date, as complete as possible, and should not contain duplicate entries. Clean data results in… Continue
Added by Favio Vázquez on August 18, 2017 at 8:00am —
Data is important. It is not a secret for anybody. We can even paraphrase famous saying mentioning that “who owns the data, owns the world”. And if you are a business person, you should know like no one else. Your activity can be changed for better if you use Big Data sources. Sales growth, clever marketing strategy - you can achieve it using Big Data. Let’s check it out what is Big Data and how you can make use of it.
Big Data - meaning and particularities
In fact, Big Data… Continue
Added by Nataliia Kharchenko on August 14, 2017 at 7:00am —
- Is data governance critical for you?
- Would you want to build a flexible data governance strategy, iteratively realizing the benefits as it evolves?
- Would you have big data oriented programs, generating a vast amount of data?
- Would you want a governance strategy around individual programs or rolled up into some logical grouping?
- Would you want to improve over your existing governance strategy?
- Would you have…
Added by Vijay Kumar on August 1, 2017 at 12:30am —
1.Introduction to Big data and Cloud Computing
Cloud computing is the use of computing resources (hardware and software) that are delivered as a service over a network (typically the Internet). It’s a virtualization framework.
It is like resource on demand whether it be storage, computing etc. Cloud follows pay per usage model. You need to pay the amount of resource you use.
This computing service by cloud charges… Continue
Added by Shreya Gupta on July 30, 2017 at 8:00pm —
Data collection is at record levels. Social media platforms, websites, and smartphones are just some examples of what most consumers use on a daily basis and are where significant data collection takes place. This infographic takes a look at the ethics of big-data collection.
Originally posted… Continue
Added by Jay Taylor on July 25, 2017 at 8:00am —
So far in this series on Artificial Intelligence Artificial Intelligence: Monster or Mentor? and AI for Summarization – Enabling Human-Consumable Information, we looked at several key ways in which AI advances can improve human productivity in… Continue
Added by Roy Wilds, PhD, PHEMI Systems on July 24, 2017 at 9:00am —
It’s hard to get into the world of the Internet of Things (IOT) without eventually talking about Digital Twins. I was first exposed to the concept of Digital Twins when working with GE. Great concept. But are Digital Twins only relevant to physical machines such as wind turbines, jet engines, and locomotives? What can we learn about the concept of digital twins that we can apply more broadly – to other physical entities (like contracts and agreements) and even humans?… Continue
Added by Bill Schmarzo on July 10, 2017 at 6:30pm —
Organizations all over the EU must be aware by now that the Data Protection Act (DPA) will be changed into GDPR (General Data Protection Regulation). Some of these changes might cause some compliance issues but there’s an easy way to avoid any problems, by raising awareness.
The more your staff and employees know about GDPR, the less chances you have, of ever violating… Continue
Added by Ronald van Loon on June 20, 2017 at 7:00am —
I attended the interview with Nick Drake, Senior Vice President, Direct to Consumer at T-Mobile and Otto Rosenberger who serves as CMO at the Hostelworld Group at the Adobe Summit. The key take away of the entire session was that customer experience is the beginning and the core of digital transformations – it is where it all begins.
T-Mobile and Hostelworld are… Continue
Added by Ronald van Loon on June 19, 2017 at 2:00am —
Added by Ramesh Dontha on June 15, 2017 at 4:30pm —