Imagine a world where you only ever met anybody once. Where every encounter lasted no longer than a few hours and no matter how well you got on with that person, you never spoke to them again. This would be a very sad world to live in. Now take this world and compare it to a business which only ever meets its customer once. No meaningful relationship is ever developed, there is … [Read more...] about Maintaining Customer Relationships by Maintaining your Data
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.
Why Businesses Should Take Charge of Their Big Data Skills Needs
For the last few years, businesses all over the globe have been racing to incorporate big data systems and solutions into their processes and operations. That has increased demand for workers with the skills to operate, maintain, and expand those systems to levels not seen in other professions in decades, if ever. All the while, the global education system has been slow to … [Read more...] about Why Businesses Should Take Charge of Their Big Data Skills Needs
How to Use Data to Monitor Your Competition
Everybody in this day and age is well-familiar with the power of big data and contemporary machine learning operations, but few business owners and working professionals seem to have a solid grasp on how to use data to monitor the competition. This is unfortunate, as recent digital innovations have made keeping an eye on your competition easier and cheaper than ever … [Read more...] about How to Use Data to Monitor Your Competition
5 Ways to Embrace Data to Engage Customers
By nature, we are a consumer-driven society. We are fast-paced, with fast apps, and ultimately we make fast friends. The question is, though, how do we transition those friendships into relationships that stick? How do we bridge the gap from a prospective buyer, consumer, and user “ to a customer that keeps coming back, when there is plenty of other fish in the sea, so to … [Read more...] about 5 Ways to Embrace Data to Engage Customers
How To Hire The Right Data Scientist For Your Business
Data Scientists are hot. It's no secret just how in demand they are, with Indeed recently reporting that job posts for Data Scientists increased by 75% between 2015 and 2018. The 2017 LinkedIn US Emerging Jobs Report also noted that there are over 1,800 open Machine Learning Engineering positions on the networking site, with Machine Learning Engineer, Data Scientist and Big … [Read more...] about How To Hire The Right Data Scientist For Your Business
+
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.
Want to learn more about big data? Datafloq has courses available. Contact us to get started.
+
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.
