Over 90% of data that exists today was created in the last two years. The digital economy has become more information intensive, and even traditional industries, such as oil, automobile manufacture and financial services, are becoming data-driven. We are undoubtedly experiencing a data revolution in which our ability to generate, process, and utilize information has been … [Read more...] about Data Driven Development: Elements & Benefits
Big Data
Learn everything you need to know about big data. Find out how companies are using this revolutionary technology and what it means for your business strategy.
Exclusive: Google’s privacy push draws U.S. antitrust scrutiny – sources
By Paresh Dave and Diane Bartz (Reuters) - Google's plan to block a popular web tracking tool called "cookies" is a source of concern for U.S. Justice Department investigators who have been asking advertising industry executives whether the move by the search giant will hobble its smaller rivals, people familiar with the situation said. Alphabet Inc's Google a year ago … [Read more...] about Exclusive: Google’s privacy push draws U.S. antitrust scrutiny – sources
Toshiba shareholders vote for probe in landmark win for Japan corporate governance
By Makiko Yamazaki TOKYO (Reuters) - Toshiba Corp shareholders voted on Thursday in favour of an independent probe into allegations that investors were pressured ahead of last year's annual general meeting - a watershed victory set to spur more shareholder activism in Japan. The vote marks only the fourth time an activist shareholder motion has won approval in Japan and the … [Read more...] about Toshiba shareholders vote for probe in landmark win for Japan corporate governance
FCC moves against two Chinese telecoms firms operating in U.S.
By David Shepardson WASHINGTON (Reuters) - The Federal Communications Commission (FCC) said Wednesday it has begun efforts to revoke authorization for China Unicom Americas, Pacific Networks and its wholly-owned subsidiary ComNet to provide U.S. telecommunications services. In April, the U.S. telecom regulator issued show-cause orders warning it might revoke the operating … [Read more...] about FCC moves against two Chinese telecoms firms operating in U.S.
FCC begins effort to revoke two Chinese telecoms U.S. operating authority
By David Shepardson WASHINGTON (Reuters) - The Federal Communications Commission (FCC) said on Wednesday it has begun the process of revoking the authority to provide domestic interstate and international telecommunications services within the United States from China Unicom Americas, Pacific Networks and its wholly owned subsidiary ComNet. In April, the FCC issued show-cause … [Read more...] about FCC begins effort to revoke two Chinese telecoms U.S. operating authority
What is big data?
Big data is a term that refers to the massive amount of digital data created and shared every day. Big data can transform how we live, work, and communicate. It can be used to improve everything from public health and urban planning to business and marketing.
Big data is also changing the way we think about privacy and security. The volume, velocity, and variety of big data present challenges and opportunities for organizations and individuals. Regardless, big data is here to stay, and its impact will only continue to grow in the years to come.
What is big data analytics?
Big data analytics is the process of turning large, complex data sets into actionable insights. Businesses use various analytical tools and techniques, including machine learning and statistical analysis, to do this.
Big data analytics can be used to improve decision-making in areas like marketing, operations, and customer service. It can also be used to identify new business opportunities and optimize existing processes. With the help of big data analysis, businesses can gain a competitive edge by using their data better.
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When was big data introduced?
The term big data was coined in the 1990s, with some giving credit to John Mashey for popularizing the term. However, the concept of big data has been around for much longer.
Where does big data come from?
In the early days of computing, scientists and businesses began to realize that the amount of data being generated was increasing exponentially. As a result, they began to develop new methods for storing and processing data.
Over time, these methods have become increasingly sophisticated and have played a key role in enabling businesses to make sense of vast amounts of information. Today, big data is used in various industries, from retail to healthcare, and its importance is only likely to grow in the years to come.
What are examples of big data?
One of the most common examples of big data is social media data. With over 2 billion active users, Facebook generates a huge amount of data every day. This includes information on user interactions, posts, and even location data. Analyzing this data can help companies better understand their customers and target their marketing efforts.
Another example of big data is GPS signals. These signals are constantly being generated by devices like cell phones and fitness trackers. When combined with other data sets, GPS signals can be used to provide insights into everything from traffic patterns to human behavior. Finally, weather patterns are another type of big data set. By tracking these patterns over time, scientists can better understand the impact of climate change and develop strategies for mitigating its effects.
How do companies use big data?
Companies use big data in marketing, product development, and customer service. By analyzing large data sets, businesses can identify patterns and trends that would be otherwise difficult to spot. For example, a company might use big data to track customer behavior patterns to improve its marketing efforts.
Alternatively, a company might use big data to improve its products by identifying areas where customers are most likely to experience problems. For instance, big data can be used to improve customer service by finding pain points in the customer journey. Ultimately, big data provides companies with a valuable tool for gaining insights into their business operations.