With the advent of Edge Computing, health care industry has transformed itself considerably, while hospitals and clinics are gearing up to take better and faster care of their patients. In fact, Edge Computing has permeated the industry in such a powerful manner that clinicians and doctors heavily rely on them to treat patients. As more and more devices get connected in the … [Read more...] about How Edge Computing will Give a New Life to Health Care
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 Leading Organizations are Leveraging Big Data and Analytics
Data will talk to you if you're willing to listen ” Jim Bergeson. Few can dispute that. However, the challenge comes when data transforms into bundles and stacks of unorganized and unstructured data sets. The challenge comes with listening to big data and making sense of what it says. With big data, the conversing data becomes loud and noisy. You don't hear the voice; you … [Read more...] about How Leading Organizations are Leveraging Big Data and Analytics
Big Data and Healthcare It’s a Great Match
A patient has arrived at his primary care physician's office. His symptoms are unusual “ some fit one diagnosis but others do not. Traditionally, that doctor has had to rely on his training and experience, his medical journals, and, occasionally, consultation with colleagues. Big data has changed all of that. With access to a huge database of global medical information, that … [Read more...] about Big Data and Healthcare It’s a Great Match
Robo-advisors: How Big Data is Changing the Financial Landscape
It wasn't long ago that, for the layperson, investment automation seemed reserved for hedge funds and investment banks ”monoliths of the investing world that play the numbers with analytics to gain an advantage penny upon penny. If you simply had a casual interest in stocks, the state of affairs wasn't very encouraging. Big players stood to make a whole lot more than you from a … [Read more...] about Robo-advisors: How Big Data is Changing the Financial Landscape
Attention Entrepreneurs: Why You Need To Start Managing Your Data Now
Data is the foundation for every move you make. It drives your decisions and the way you interact with customers during the sales process. Collecting accurate data is vital, and there are there are serious consequences when the data you collect is inaccurate or incomplete. Imagine this scenario You've set your marketing team up with a brilliant CRM to capture leads and track … [Read more...] about Attention Entrepreneurs: Why You Need To Start Managing Your Data Now
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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.
