With consumer data privacy becoming a top priority in the current age, regulating authorities have jumped into the conundrum to ensure that users get the privacy they need for their personal data. One such regulatory authority that has come into the mix to ensure rights for all users online is the European Union. The EU announced the General Data Protection Regulation or GDPR, … [Read more...] about GDPR: an Opportunity to drive Customer Experience & Create Digital Trust
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.
Big Data for Startups: What Are the Options?
Businesses of all sizes should be adequately prepared to invest in the infrastructure and resources to collect and analyze big data or obtain it by other means. Big data is not simply that avalanching amount of data you aggregate in your operations. In the near future, it will become a necessity to compete effectively. However, there is a slight misconception about startup … [Read more...] about Big Data for Startups: What Are the Options?
Genesis of AI: The First Hype Cycle
In memory of Alan Turing, Marvin Minsky and John McCarthy Prologue Every decade seems to have its technological buzzwords: we had personal computers in 1980s; Internet and worldwide web in 1990s; smart phones and social media in 2000s; and Artificial Intelligence (AI) and Machine Learning in this decade. However, the field of AI is 67 years old and this is the first of a series … [Read more...] about Genesis of AI: The First Hype Cycle
What Does Big Data Mean in 2018?
Big data was still big news for much of 2017, thanks in part to the accelerated growth of the Internet of Things (IoT). The proliferation of smart devices we saw being put to practical use last year “ at both consumer and business level “ meant we were constantly being reminded of the speed at which big data was, in layman's terms, getting bigger'. However, another trend … [Read more...] about What Does Big Data Mean in 2018?
How Big Data & Location Intelligence Is Changing The World
There's no doubt that the explosive rise in the number of smartphones has changed the world as we know it. The increased number of sensors and connected devices has produced mountains of data. This is being used to transform the way that we live our lives. IoT, location data, location intelligence, big data. Whatever your name for it, it's hard to dispute the potential across a … [Read more...] about How Big Data & Location Intelligence Is Changing The World
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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.
