Business dynamics are evolving with every passing second. There is no doubt that the competition in today's business world is much more intense than it was a decade ago. Companies are fighting to hold on to any advantages.
Digitalization and the introduction of machine learning into day-to-day business processes have created a prominent…Continue
Added by Ronald van Loon on June 8, 2017 at 3:00am — No Comments
The pressure on organizations to make accurate and timely business decisions has turned data into an important strategic asset for businesses.
In today’s dynamic marketplace, a business's ability to use data to identify challenges, spot opportunities, and adapt to change with agility is critical to its survival and long-term…Continue
Added by Ronald van Loon on June 6, 2017 at 5:00am — No Comments
It speaks volumes of the world we live in today when headlines such as “The world’s most valuable resource is no longer oil, but data” and “Why Data May Be More Valuable Than Dollars” are commonplace. With the explosion of IoT and with that 2.5 quintillion bytes of data being created per day, the underlying power of this data comes as no surprise.
Unlike gold however, data is ubiquitous and being created at an exponential rate. So where’s the value in something that is everywhere?…Continue
Added by Amy Flippant on June 5, 2017 at 12:30am — No Comments
Among the marquee brands that a data science professional would like to join, Uber is likely to be top of many lists. But do you really have what it takes to become a Uberite?
BigInsights Principal Raj Dalal met up with Uber’s Chief Data Architect M C Srivas on a recent visit to San Francisco, where, in the course of the hour-long…Continue
Added by Raj Dalal on May 30, 2017 at 2:30am — No Comments
AI refers to ‘Artificial Intelligence’ which means making machines capable of performing intelligent tasks like human beings. AI performs automated tasks using intelligence.
The term Artificial Intelligence has two key components -
Big companies are no longer the only players who put business intelligence to work for them to increase revenue. Small businesses are starting to use business intelligence as well to help them achieve their goals.
In case you don’t know what business intelligence is,…Continue
Added by Rick Delgado on May 22, 2017 at 6:00am — No Comments
The evolution of modern technology in the past 10 years is astounding: our mobile phones are becoming smarter by the second, our online behavior is revealing more about human nature and our wearable technology knows more about our general well-being than our family doctor.
This adoption of technology into almost every facet of our life will surely define this epoch as the digital era. We have been talking about the Internet of Things (IoT) for many years now, these “things” being all…Continue
Big Data Reviews this time actually connect to my previous article entitled "Big Data Analysis" related to the benefits of what can be obtained by the Big Data platform. Current technological advances are able to condition a company to collect or store data from multiple sources that are in one container along with the increasing amount of data. Furthermore, the capacity of the…Continue
Added by Jeefri A. Moka on May 7, 2017 at 1:30am — No Comments
Anybody who has been following my social media account would know that I am a big supporter of incorporating data analytic techniques in everyday business processes. I am really excited about attending the biggest digital conference, DES 2017 (Digital Business World…
Added by Ronald van Loon on May 5, 2017 at 4:30am — No Comments
In today’s digital age where customers are as likely to buy a product from an eCommerce website as from a brick and mortar store, delivering a seamless and value-adding shopping experience has become more important than ever before. The multiple shopping channels available to customers and the competition posed by other retailers have made…
According to the prediction of IDC Futurescapes, Two-thirds of Global 2000 Enterprises CEOs will center their corporate strategy on digital transformation. A major part of the strategy should include machine-learning (ML) solutions. The implementation of these solutions could change how these enterprises view customer value and internal…Continue
Business Intelligence (BI) software is a valuable investment. May be you are thinking: “Why we have requirement of Business Intelligence?”
To prove this expenditure, Data scientist & decision makers necessity to look at big picture benefit.…Continue
Added by Priyanka Jain on April 11, 2017 at 1:30am — No Comments
Added by Sandeep Raut on April 8, 2017 at 6:30am — No Comments
Recently a colleague asked me to help her with a data problem, that seemed very straightforward at a glance.
She had purchased a small set of data from the chamber of commerce (Kamer van Koophandel: KvK) that contained roughly 50k small sized companies (5–20FTE), which can be hard to find online.
She noticed that many of those companies share the same address,…
2018 is likely to be a game-changing year for the banking and finance sector. As the General Data Protection Regulation (GDPR) and Revised Payment Service Directive (PSD2) are implemented across the European Union, the exclusive control of banks and other financial institutions on financial data of their customers is about to end. These new…Continue
Added by Ronald van Loon on March 30, 2017 at 2:00am — No Comments
“A company that ceases to grow will die;” a useful albeit slightly morbid mantra for any business trying to make it out there in the big wide world. How can business avoid such an outcome? One answer is by staying relevant, no mean feat in our rapidly changing environment.
Staying relevant is a question of recognising what your customers want and having the ability to deliver that requirement as quickly as possible. Easier said than done, however, with the enormous…Continue
Added by Amy Flippant on March 14, 2017 at 8:03am — No Comments
What is data virtualization? Here’s an analogy using a concept that we can all relate to: a supermarket.
Picture the scene: Shopping list in one hand, shopping basket in the other, you’re ready to tackle your weekly shopping in your local supermarket. Your items range from fruit and vegetables to washing detergent, perhaps with some free-range eggs thrown in for good measure. Quite the eclectic mix, but you know that you’ll be able to find all you need under one…Continue
One of the best parts of my job is talking to a wide variety of customers across a wide variety of industries at a wide variety of different points on their big data journey. I’ve recently had several customer engagements where the client’s top business initiative is creating a Customer 360 View. Danger, Will Robinson!! I think the Customer 360 View business initiative is both dangerous and distracting; it is dangerous because it gives organizations a false goal to pursue, and it…Continue
Business Analytics and Business Intelligence are the most-heard terms in the global corporate environment lately. It refers to utilizing advanced technological tools to gain business insights and enhance performance. The predictive analytic methods with Big Data are becoming so prevalent in every industry.
Big Data is believed to be here to stay. The hype we see about it is not temporary. The fundamental technological change it applies to the universal business…Continue
Added by Barrack.diego on March 1, 2017 at 9:00pm — No Comments
Managing your relationships with customers, suppliers, and partners and constantly improving their experience is a proven way to build a sustainable and profitable business, and contrary to popular assumption, this doesn’t apply to B2C businesses only. With…Continue
Added by Ronald van Loon on February 27, 2017 at 8:00am — No Comments