Susan Athey, Professor of Economics at Stanford Graduate School of Business, discusses in this short video how data-driven organisations still require to exercise intuition and judgement to ensure that short-term results don't override long-term interests. … [Read more...] about The Dangers Of Becoming Too Data-Driven – Video
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Recommendation Engines Are Crucial For Positive User Experiences
Recommender systems are one of the most common applications of big data. The most known application is probably Amazons recommendation engine, which allows users to get a personalized webpage when they visit Amazon.com. But e-tailers are not the only companies that use recommendation engines to persuade customers to buy additional products. Recommender systems can also be used … [Read more...] about Recommendation Engines Are Crucial For Positive User Experiences
New Technology Adoption’This Time Its Personal
We know the statistics an estimated 70 percent of change efforts fail (Kotter) and an estimated 80 to 95 percent of new product launches dont create significant traction in the market, with early stage companies fairing the worst. Unsurprisingly it is hard to convince organizations to adopt new technology, particularly for companies who are still building market presence and … [Read more...] about New Technology Adoption’This Time Its Personal
Valiance Solutions Offers Big Data Advice to SMEs
Company Valiance Solutions Address A-146, Sector -63, Noida, India -201307 Founders Vikas Kamra, Shailendra & Ankit Goel Founded September 2011 Funding Self-funded Employees 12 Website www.valiancesolutions.com Rating 3 bits  Valiance Solutions is an analytics and technology solutions company based out of Noida India with client base across US and India. … [Read more...] about Valiance Solutions Offers Big Data Advice to SMEs
Why a Mere 300 Exabytes In Legacy Data Will Give Us A Headache
Although 90% of the available data in the world was created in the last two years, it does mean that there is still a lot of old data. In 2010 and 2011 we created in total 3 Zettabytes of data. If we use a very simplified calculation, it would mean that the amount of old data is still approximately 0.3 Zettabyte or 300 Exabytes. If we compare that to the 2.5 Exabyte of data … [Read more...] about Why a Mere 300 Exabytes In Legacy Data Will Give Us A Headache