The recent revelations about the NSA's secret program makes people aware of the world of big data and the thin line between the benefits and privacy concerns related to big data. The challenge is to get all the great benefits from big data, such as better medical healthcare or fewer casualties in traffic, while finding a balance with the loss in privacy. Trust and transparency … [Read more...] about The Balance Between Big Data Benefits And Big Risks – Video
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.
What Affects The Value Of Big Data?
Raw data in itself is worthless. Even more, raw data in itself just means costs. Costs related to storing and processing that data. Only when that data is analysed, insights can be derived from it and value is created. These insights determine the value of big data. Of course, organisations that want to develop a big data strategy also want to pre-determine the expected value. … [Read more...] about What Affects The Value Of Big Data?
Will Google Glass turn Big Data into Huge Data?
I remember one time on a status update thread, a friend mentioned something about being bad at finding her way around Tel Aviv. My response was that probably in the near future, there will be internet-enabled contact lenses so she can use google maps to go everywhere, including detailed instructions on getting to the bathroom, the kitchen, and living room, thus completely … [Read more...] about Will Google Glass turn Big Data into Huge Data?
Big Data Startup WibiData Develops Big Data Applications.
Company WibiData Address 375 Alabama Street #350 San Francisco, CA 94110, USA Founders Christophe Bisciglia & Aaron Kimball Founded 2010 Funding $ 20 million Employees 30 Website www.WibiData.com Rating 6 bits Wibidata is an organization selling licenses and services for Big Data Applications that enables also small organisations to take the advantages … [Read more...] about Big Data Startup WibiData Develops Big Data Applications.
Big Data Helps To Create Great PR Campaigns
According to Wikipedia, Public Relations is the practice of managing the spread of information between an individual or an organization and the public. As all of that information is data it can be analysed and used to improve the PR activities performed by organisations. Enter the world of big data and that information can be turned into valuable insights. As I have mentioned … [Read more...] about Big Data Helps To Create Great PR Campaigns
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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.
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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.
