How Businesses Make Decisions Today
A single decision can make or break a business. Case in point: Blockbuster Video passed on Netflix in the early 2000s. Not all business decisions have such a cut-and-dry outcome, of course. Many of them end up being routine — just ...
Fraud and money laundering detection in real time
Money laundering is one of the greatest threats to companies because it results in massive financial losses and instability within the economic industry. To control unwanted frauds, consumers and banks need to deploy advanced analytics on data so that activities ...
How Big Data is Transforming the Construction Industry?
The construction industry handles some of the costliest and time-consuming projects in the world. A considerable amount of resources and manual labor is used in a major construction work which generates tons of data.
Hence, it is essential to take all ...
Blockchain Is Poised to Help Global Housing
Since the recession, the real estate and housing industry has bounced back considerably. Market prices are higher than they’ve been for years, and estimates show continued growth along with renewed millennial demand. Yet even with an ever-improving market, things aren’t ...
How In-Memory Computing can improve Customer Service
The past few years have involved huge changes in terms of tech and everyone is looking for upgrades to adopt in order to make their lives visibly easier. In-memory computing has been around for quite a while, but specialists are ...
Strategies To Help You Build A Better Small Business
Owning a small business is a great accomplishment and a promising career path if you make wise management decisions. Recognize that there are always ways for how you can be doing a better job and creating a stronger foundation for ...
Data analytics: A Popular New Field for Business Students
Data analytics is a relatively new field but it’s one that is taking the business world by storm, thanks to the power it holds to extract profitable customer insights and organize information in a streamlined and cost-efficient way. There are ...
How Big Data is Changing Law Enforcement
Violent crime is down in the U.S. It’s been going down since the 1970s.
“Using the FBI numbers, the violent crime rate fell 48% between 1993 and 2016,” according to Pew Research. “Using the BJS data, the rate fell 74% during ...
4 Long-term Benefits Businesses Enjoy with Predictive Analytics
Predictive analytics is quickly transitioning to being omnipresent, given how policy-makers and marketers alike have discovered the magic of historic data that is sourced from within. From being able to shorten the time taken to track cybercrime, to actually limiting ...
Big Data for Small Companies: Incentives and Implementation
As of 2017, almost 20% of small companies have embraced the benefits offered by Big Data and have learned that size is not a reason to hold back. This was possible through the increased democratization of data analysis solutions by ...