By analyzing very large data sets using sophisticated algorithms, it is possible to gain deep insights that are only possible thanks to the huge volume of data involved. For businesses, this presents a number of unique opportunities. Here are just ...
Data is everywhere around us. A report shows that people, things, and organizations are generating 2.5 quintillion bytes of data each day.
It is a staggering figure indeed, but there is a clear explanation for it. For example, you are not ...
What is Big Data in Business?
In simple terms, Big Data is a combination of all the processes and tools related to utilizing and managing large data sets. The Big Data concept was born out of the need to understand trends, ...
What is big data and how does a business harness it to optimize supply chain management? Big data is simply large volumes of information streaming in at high velocity and in varying formats from multiple internal touch points and external ...
No matter what industry you’re in, you certainly have a lot of business data. You gather data about your customers, competitors, products or services, job candidates, employee performance, and various day-to-day operations.
But how well do you understand all that data? ...
Every product designer knows how important it is to always look for new ways to improve your work. The same goes for IoT (the Internet of Things) product designers, who are dealing with a challenging matter. IoT products are complex ...
It would not be wrong to say that we are living in the golden age of access to information. The amount of data to which a common man has access to these days was never possible in the past. When ...
It's not that surprising to hear that more prominent companies might have some problems with organization and storage. For that purpose, they need special programs and features. But you also need someone who will know how to do this thing.
If ...
Big data is often associated with improving business, but it also has considerable potential for social good. You've probably heard people mention big data when talking about targeted marketing or other corporate activities, but it can help improve society too.
People ...
Everyone likes gadgets. In your personal life, it's fun to try out the latest tech craze, even if it eventually turns out to be a fad. However, in business, you have to take a more practical approach. When considering IoT ...