Most modern technologies complement each other nicely. For example, advanced analytics and AI can be used collectively to achieve some amazing things, like powering driverless vehicle systems. Big data and machine learning can be used collaboratively to build predictive models, allowing businesses and decision-makers to react and plan for future events. It should come as no … [Read more...] about Does Big Data Have a Role in 3D Printing?
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.
2019 Open Source Database Report: Top Databases, Public Cloud vs. On-Premise, Polyglot Persistence
Ready to transition from a commercial database to open source, and want to know which databases are most popular in 2019? Wondering whether an on-premise vs. public cloud vs. hybrid cloud infrastructure is best for your database strategy? Or, considering adding a new database to your application and want to see which combinations are most popular? We found all the answers you … [Read more...] about 2019 Open Source Database Report: Top Databases, Public Cloud vs. On-Premise, Polyglot Persistence
How to Ensure Data Consistency and Quality
Your company needs data to thrive. Quality data leads to key insights for businesses, and factors heavily into their decision-making. But where do you find quality data? While much of your company's data will come from internal sources such as CRM and ERP software, even more of it will come externally from the web. In fact, the web is the largest data repository out … [Read more...] about How to Ensure Data Consistency and Quality
The Importance of Balance and Intelligent Spend in the Organisation of Tomorrow
Today is the slowest business will ever run. In today's world, it is the small companies that beat the large enterprises with speed and agility, according to Valerie Blatt - Global Vice President SAP. Companies such as Spotify are forcing incumbents such as Apple to change their music business. Therefore, for the organisation of tomorrow to remain relevant, they need faster, … [Read more...] about The Importance of Balance and Intelligent Spend in the Organisation of Tomorrow
How Big Data is Changing The Way We Fly
Airline big data, combined with predictive analytics is being used to drive up airline ticket prices. As airlines and their frequent flyer programs gather more intelligence on your day to day lifestyle, flying and financial position “ they begin to build an airline big data profile. Consumer interests, goals, psychometric assessment, your motivations to engage with a brand at … [Read more...] about How Big Data is Changing The Way We Fly
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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.
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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.
Want to learn more about big data? Datafloq has courses available. Contact us to get started.
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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.
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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.
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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.
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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.
