You've made it! The years of hard work and gaining experience in your field has finally paid off. You're a Data Scientist! You're a part of an innovative, forward-thinking team working on exciting, world-changing projects. You've got a great salary and tasty benefits package, flexible working and not an uncomfortable suit and tie in sight. Time to put down the books and enjoy … [Read more...] about Why You Need To Keep Learning In Data Science
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.
How to Build a Data Science Team for Your Business
Choosing the right fit for the data science team can be a challenging task since the field is still recent and many businesses are still trying to identify what a data scientist should offer. Also, putting together a complete team of data science is not a cakewalk. That's why we've come up with the best tips in this blog post to make the entire process easier for … [Read more...] about How to Build a Data Science Team for Your Business
AI’s Next Challenge: Predicting Natural Disasters
Artificial intelligence and related technologies have enabled massive leaps in the fields of marketing, customer service, transportation and industrial processes. AI has even composed music. Its next challenge? Predicting natural disasters and improving the way we respond to them. Earlier Warnings Earthquakes are notoriously hard to predict. They strike unexpectedly and spark … [Read more...] about AI’s Next Challenge: Predicting Natural Disasters
How Big Data Plays a Big Role in Politics
Like it or not, politics today would not be what it is without big data and analytics. Our current president won the office through a close relationship with Cambridge Analytica, in which the analytics firm conducted analysis of raw data on the electorate. This analysis informed Trump's strategy. According to Trump campaign executive director Michael Glassner, the data came … [Read more...] about How Big Data Plays a Big Role in Politics
Do You Know How Big Data Is Helpful To Immigrants?
There have been calls in the international community for improved quality and availability of migration statistics for several decades. As with any other area of policy domain, the data on migration ought to be the foundation for informed decisions, but it's not always the case. That's crucial anytime there is a displacement crisis, like the ones happening across the European … [Read more...] about Do You Know How Big Data Is Helpful To Immigrants?
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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.
