There are few industries where scale is more important than in agriculture. Farms that stretch for as far as the eye can see might contain millions of individual plants. We might lovingly tend each potato plant in our allotment, but on an industrial scale, it is impossible to understand what is happening on a micro scale. That is until Big Data made its mark in the agricultural … [Read more...] about How Big Data Is Putting Better Food On Your Plate
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 Does Analytics Enable Better Lives?
Imagine the parents of a small child who is going to turn two in the next few weeks. And instead of planning for his birthday as most parents would, the parents of this child are just hoping that he will live to see his birthday. With a heart defect that keeps the tiny heart from functioning normally, the poor kid has seen more nurses and hospital operating rooms than cakes and … [Read more...] about How Does Analytics Enable Better Lives?
You Look Like A Criminal! Predicting Crime With Algorithms
Can you really predict if someone is going to commit a crime? Some authorities are using facial recognition, predictive analytics and machine learning to predict who will commit a crime. Even if you can use an algorithm to deduce the likelihood of an individual's future, to apprehend a suspect before a crime is even committed surely cannot lead to a conviction as no offence … [Read more...] about You Look Like A Criminal! Predicting Crime With Algorithms
Will Big Data Revive the Economy?
You'd be forgiven for feeling a little jittery about a world economy is driven first and foremost by data. As news headlines regularly confirm, we're climbing a pretty steep learning curve right now, and lots of people are worried about how safe their data is once it's floating around "out there." But the truth is that big data stands a good chance of reviving and even … [Read more...] about Will Big Data Revive the Economy?
Big Data, not Oil, is King in Today’s Economy
Big Data is not just about volumes of data; it is the ability to both collect information and extract meaning from it. The businesses that are prospering in today's economy are those able to take advantage of Big Data. In the next ten years, it will be the ability to use Big Data that will make or break a business. According to contributing writer to Forbes, Daniel Newman, "it … [Read more...] about Big Data, not Oil, is King in Today’s Economy
+
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.
