The Internet of Things, Industrial Internet, Internet of Everything, no matter how you name it, the future connected world will change everything and create massive amounts of sensor data. According to Cisco, it is going to be a $ 19 trillion market within the coming decade. This includes a projected $ 2.9 trillion for the Industrial Internet. For manufacturers, the Internet of … [Read more...] about How Your Sensor Data and The Internet of Things Can Save You A Lot Of Money
Archives for 2014
How Tech Trends Are Going To Affect Big Data Significantly
The amount of data that can be processed within a certain timeframe depends on the technology that is used. With the amount of data being created growing exponentially, the required technology is changing as well. This will have a significant effect on how Big Data will be processed, stored and analysed within your organisation. Robin Bloor, PhD, Chief Analyst and Co-founder … [Read more...] about How Tech Trends Are Going To Affect Big Data Significantly
5 Ways Big Data is Reducing Healthcare Costs
Although the cost-saving benefits of the Affordable Care Act may not be realized anytime soon, some new tools and strategies are being employed to help bring down the costs of healthcare now. And Big Data analytics is one of those tools. Enabling healthcare professionals to capture and analyze mountains of digitized healthcare data to obtain new insights, Big Data cloud … [Read more...] about 5 Ways Big Data is Reducing Healthcare Costs
How Big Data Gives Retailers a Competitive Edge and Boosts Growth – Infographic
Big Data and the retail industry are a great combination as the retail industry is known for collecting massive amounts of data. Ranging from Point-of-Sales data, customer loyalty program data or social data, it can all be harvested, combined and analysed for new insights. Big Data makes a true Omni-channel strategy possible and could increase conversion rates, as shown by the … [Read more...] about How Big Data Gives Retailers a Competitive Edge and Boosts Growth – Infographic
Macy’s Is Changing The Shopping Experience With Big Data Analytics
Macys is a mid-range to upscale department store chain from America. It was founded in 1858 in New York and has since expanded to 840 locations across 45 states in the USA. They operate under two brands: Macys and Bloomingdales, each with their own website. In 2012 they reported sales of $ 27.7 billion. They have successfully developed an Omnichannel strategy, where customers … [Read more...] about Macy’s Is Changing The Shopping Experience With Big Data Analytics
