Company Decide Address 200 W Mercer Street, Suite 301 Seattle, WA 98119, USA Founders Mike Fridgen & Oren Etzioni Founded 2010 Funding $ 17 million Employees 33 Website www.decide.com Rating 6 bits To buy or not to buy? With Decide consumers do not have to worry about this question anymore as Decide helps consumers with data-backed recommendations … [Read more...] about Decide Gives Recommendations Regarding E-commerce
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.
Big Data Startup Skytree Helps Discover Deep Analytic Insights
Company Skytree Address 1731 Technology Drive, Suite 700, San Jose, CA, 95110, USA Founders Martin Hack, CEO and Dr. Alexander Gray, CTO Founded January 2012 Funding $ 22 million (series A) Employees 50 Website www.Skytree.net Rating 6 bits Skytree has developed a system that can help organizations discover deep analytic insight of their available data. … [Read more...] about Big Data Startup Skytree Helps Discover Deep Analytic Insights
Cignifi Recognizes Patterns in Mobile Usage For Credit Scores
Company Cignifi Address 245 First Street, Suite 1800 Cambridge, MA, 02142 USA Founders Jonathan Hakim Founded 2011 Funding $ 2.1 million Employees 5 Website www.Cignifi.com Rating 5 bits Cignifi has developed a technology to recognize patterns in the usages of mobile device. The system recognizes phone-calls, text messages and data usage and based on this … [Read more...] about Cignifi Recognizes Patterns in Mobile Usage For Credit Scores
Tellapart Uses Big Data To Improve E-commerce Retargeting
Company Tellapart Address 257 Myrtle Road Burlingame - USA Founders Josh McFarland & Mark Ayzenshtat Founded July 2009 Funding $ 17.8 million Employees 36 Website www.tellapart.com Rating 6 bits Tellapart focuses on improving retargeting results for e-commerce companies. They claim to completely revolutionize the practice of retargeting using the latest … [Read more...] about Tellapart Uses Big Data To Improve E-commerce Retargeting
Hortonworks Revolutionizes Storage & Processing of Big Data
Company Hortonworks Address 455 W. Maude Avenue Suite 200 Sunnyvale - USA Founders Alan Gates, Arun C. Murthy, Devaraj Das, Eric Baldeschwieler, Mahadev Konar, Owen OMalley, Sanjay Radia & Suresh Srinivas Founded June 2011 Funding $ 248 Million - Went Public on Dec 11, 2014 Employees 201-500 employees Website www.hortonworks.com Rating 8 bits In June 2011 … [Read more...] about Hortonworks Revolutionizes Storage & Processing of Big Data
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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.
