We all know that big data is here to stay and it is going to encompass a huge part of business analytics and product development. So that means that companies need to start looking for people who have big data expertise. But what kind of employees do you need to… Read More →
Many organizations are realizing that great potential insight lies within the big data in their own networks and streaming through the social web. And that means these enterprises should be focused on the money they could be making if they take advantage of cloud-based analytics.
The recent Los Angeles Airport shooting is a stark reminder of the challenges that local, state, and federal government officials face in enacting and maintaining strict security measures. Government entities such as Orange County, Florida are increasingly relying on big data analytics to parse through volumes of security data to… Read More →
The insurance industry is facing myriad challenges – ranging from severe weather to aging populations and customers with ever-increasing customer service expectations. To combat this evolving landscape, insurers should deploy predictive analytics across their enterprises to prepare for future market anomalies and opportunities, according to a new report from Ovum.
When it comes to the importance of communicating the results of data analysis, the case of Gregor Mendel, the scientist who discovered the concept of genetic inheritance, provides a dire warning for business. Mendel’s findings weren’t accepted until long after his death because he only published his findings in an… Read More →
Michael O’Connell, Spotfire’s chief data scientist, really digs data visualization. So much so that he wrote a book about it. Since this is a hot topic in data analytics today, we want to give you a look inside the value of data visualization from O’Connell’s point of view. 1. Why… Read More →
Japan has recently announced that it has extracted natural gas from offshore deposits of methane hydrate – sometimes referred to as “flammable ice.” The extraction of the gas from an undersea hydrate reservoir is believed to be the first extraction of its kind. It could provide an alternative source of… Read More →
A new study from The Economist Intelligence Unit reveals that most business executives (77%) want to give their employees greater access to big data and data analysis capabilities in order to help them make more informed decisions. Moreover, 63% of executives say they believe that if big data and data… Read More →
On average, companies are reporting more than a 40% annual growth in the data they use for analysis, according to a recent research report from Aberdeen Group. Much of this data explosion represents unstructured data that can be difficult to format and evaluate via data analysis. This includes unstructured data… Read More →
More than 85% of Fortune 1000 companies have big data initiatives underway, with more than half focusing on gleaning customer insights and bolstering customer experience using big data analytics, according to a new survey from NewVantage Partners. The consulting firm, which helps companies benefit from big data, surveyed Fortune 1000 C-suite and federal government… Read More →