Many believe that Big Data is a hype, a buzzword, something that will pass if we dont pay attention to it. Although we are at the peak of inflated expectations, Big Data is all but a hype and a buzzword. In fact, if you do not start developing a Big Data strategy within the next few years, your company will not exist anymore in 10-15 years. Big Data is not something you want to … [Read more...] about Why Your CEO Should Be Awake Every Night Because Of Big Data
Archives for 2014
Why Hotels Should Apply Big Data Analytics To Provide a Unique Guest Experience
For luxury hotels, it is all about exceeding the expectations of their guests. The single most important aspect for hoteliers is to provide a great experience and ensure that their guests are satisfied. During their guests customer journey massive amounts of data are generated and hoteliers can now improve their high-quality service even more with a well-thought Digital … [Read more...] about Why Hotels Should Apply Big Data Analytics To Provide a Unique Guest Experience
Are You Ready For The Future of the Internet of Things?
We are living in exponential times and the Internet of Things is the best example of this. We are moving from an Internet between humans to and Internet where billions, or in the next decade even trillions, of devices are communicating with each other. This requires a different infrastructure for the Internet, more security measures and global standards. Although these … [Read more...] about Are You Ready For The Future of the Internet of Things?
What Big Data Can Do for the Legal Industry
Big Data can do a lot for the legal practice, as I described in a previous post. In this interview, Michigan State Associate Professor of Law Daniel Martin Katz speaks about the future of Big Data in the legal field. There are several ways that Big Data can help the legal industry. Ranging from using data to improve client acquisition and retention to using predictive analytics … [Read more...] about What Big Data Can Do for the Legal Industry
The Los Angeles Police Department Is Predicting and Fighting Crime With Big Data
When they released the movie Minority Report in 2002, the predicting and consequently preventing of crime was still science fiction. It was a distant future and criminals-to-be had not to fear about predictive analytics being used by the police. Fast-forward to 2014 and things have changed. Although we are still very far away from the Minority Report scenario, predicting where … [Read more...] about The Los Angeles Police Department Is Predicting and Fighting Crime With Big Data