Intuition. Thats what most recruiters and hiring managers use to make their decisions on which applicants get offers. In a world that is moving toward more data and logic-driven decisions at every turn, recruiting is a surprising change of pace. Or is it? Big data has touched nearly every facet of business, and recruiting is no exception. Large companies have been using data to … [Read more...] about How Important is Big Data in Recruiting?
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 Big Data is Transforming Warehousing
Big data can provide a wealth of information that helps businesses to make informed decisions. Data analysis can help every aspect of business more predictable, understand new opportunities, and uncover inefficiencies. This is increasingly evident in the logistics heart of every organization: warehouse management. Big data applications are transforming the way warehousing is … [Read more...] about How Big Data is Transforming Warehousing
Data Security, Data Ethics, and Data Ownership
I. The problem(s) Data security represents one of the main problems of this data yield generation, since a higher magnitude of data is correlated with a loose control and higher fraud probability, with a higher likelihood of losing own privacy, and becoming targets of illicit or unethical activities. Today more than ever a universal data regulation is needed and some steps have … [Read more...] about Data Security, Data Ethics, and Data Ownership
Journey Science in Telecom: Take Customer Experience to the Next Level
Journey Science, being derived from connected data from different customer activities, has become pivotal for the telecommunications industry, providing the means to drastically improve the customer experience and retention. It has the ability to link together scattered pieces of data, and enhance a telco businesss objectives. Siloed approaches are becoming obsolete take call … [Read more...] about Journey Science in Telecom: Take Customer Experience to the Next Level
How Uber Depends on Data Analytics to Deliver Extreme Customer Service
From a simple limo hailing app for friends to the worlds go-to taxi app. Ubers growth in the approximately 7 years of existence can be described by one word, Phenomenal. But theres another way to define Uber, one that not many have given thought to. Â Uber is a Big Data company, on the likes of Google and Amazon. It not only uses existing data in its banks effectively for its … [Read more...] about How Uber Depends on Data Analytics to Deliver Extreme Customer Service
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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.
