Union Pacific Railroad, the largest railroad company in the USA, has adopted big data in many aspects of its operations. For over 150 years the companies hauls coal, grain and manufactured goods in 23 states west of Chicago and New Orleans. It has over 44.000 employees, more than 8.000 locomotives and in total runs 31.900 route miles. It turned to big data to improve their … [Read more...] about Union Pacific Railroad Turned To The Industrial Internet To Stay On Track
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.
Addressing Big Data Challenges For Real time Personalized Medicine – Video
Amit Sinha from SAP, discusses during Strata Rx 2013 that healthcare today is actually still in the dark ages. Although the transformative power of technology allowed us to change many industries, healthcare need to do the same and IT and big data is they way it needs to be done. The explosion of biological health information in the past years will enable personalized medicines … [Read more...] about Addressing Big Data Challenges For Real time Personalized Medicine – Video
Aureus Analytics created a Statistical Analytics Platform
Company Aureus Analytics Address 17 Phillip Street, #05-01 Grand Building, Singapore 048695 Founders Anurag Shah, Ashish Tanna & Nitin Purohit Founded May 2013 Funding $ 850k Employees 12 Website www.AureusAnalytics.com/ Rating 5 bits Aureus Analytics powers advanced analytics at the point of decision for Insurance and Banking. Aureus has a big data … [Read more...] about Aureus Analytics created a Statistical Analytics Platform
The Wide Range Of Different Big Data Technologies
Many of the latest big data technologies are developed by big data startups from around the world that have found a way to deal with the vast amounts of data. They have developed disruptive big data technology that can be used by organisations to obtain valuable insights and turn data into information and wisdom. Of course, also the large existing IT players have developed … [Read more...] about The Wide Range Of Different Big Data Technologies
Will Sensor Data Drive The Big Data Development?
Its hard to start any presentation on Big Data without some mentioning of at least the Volume V out of the 3Vs (or how many Vs you have thought up yourself additionally). Or to treat Big Data without indulging in the Petabyte Exabyte Zettabyte - Yottabyte mantra . But where do all those bytes come from? Of course a company embarking on the Big Data train will start with what it … [Read more...] about Will Sensor Data Drive The Big Data Development?
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.
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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.
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.