In the face of a pandemic, data has become the core of every business today, especially with all the restrictions and nuances of a pandemic-driven economy. The nuances in today's business landscape demands fast data processing, and companies have been rethinking their approach to data storage and management. The sources of data are constantly on the rise. As such, data … [Read more...] about How In-memory Computing Can Boost Business
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 to Use Digital Twins to Optimize Warehouses
The rapid rise of online shopping has put significant pressure on warehouses, which must contend with accelerating demand growth and customer expectations of fast delivery with short lead times. Warehouse managers, as a result, are reviewing their technology investments and looking for new tools that can help them streamline warehouse operations. Digital twins ” virtual … [Read more...] about How to Use Digital Twins to Optimize Warehouses
S.Korea fines Google $177 million for blocking Android customisation
By Heekyong Yang SEOUL (Reuters) -A South Korea's antitrust regulator has fined Alphabet Inc's Google 207 billion won ($176.64 million) for blocking customised versions of its Android operating system (OS), in the U.S. technology giant's second setback in less than a month. The Korea Fair Trade Commission (KFTC) on Tuesday said terms with device makers amounted to abuse of … [Read more...] about S.Korea fines Google $177 million for blocking Android customisation
Cyber arms dealer exploits new iPhone software vulnerability, affecting most versions, say researchers
By Joseph Menn and Christopher Bing (Reuters) -A cyber surveillance company based in Israel developed a tool to break into Apple iPhones with a never-before-seen technique that has been in use since at least February, internet security watchdog group Citizen Lab said on Monday. The discovery is important because of the critical nature of the vulnerability, which requires no … [Read more...] about Cyber arms dealer exploits new iPhone software vulnerability, affecting most versions, say researchers
D.C. attorney general broadens Amazon lawsuit
WASHINGTON (Reuters) - Washington, D.C., has broadened its antitrust lawsuit against Amazon to challenge the online retailer's agreements with wholesalers as well as third-party sellers, city Attorney General Karl Racine's office said on Monday. The city sued Amazon in May alleging its requirements barred third-party sellers from selling elsewhere for less than on Amazon. … [Read more...] about D.C. attorney general broadens Amazon lawsuit
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.
Want to learn more about big data? Datafloq has courses available. Contact us to get started.
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.