Companies have long been involved in the analysis of how a company performed over time. As the history of big data shows, already for many years, we try to understand how the organisations or the world around us behaves by analysing the available data. In the past, this used to be merely descriptive analytics. This answers the question what happened in the past with the … [Read more...] about Understanding Your Business With Descriptive, Predictive And Prescriptive Analytics
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How Big Data Enables The Golden Age Of Humanity – Video
An interesting talk by Byron Reese about how the world of tomorrow will be full of cheap sensors of all kinds that will create a massive collective memory for the planet. The Internet of Things will optimize our daily lives, thanks to smart algorithms that will analyse all that data. Byron Reese claims that all those sensors will help us live better lives and become smarter … [Read more...] about How Big Data Enables The Golden Age Of Humanity – Video
How Big Data Enabled Spotify To Change The Music Industry
The commercial music streaming service Spotify was launched in 2008 and since then is has registered over 24 million active users of which 6 million are paying users. The have 3.7 million Facebook fans. It has over 20 million songs online and every day 20.000 new songs are added to the database. Users created over 1 billion playlists and over $ 500 million has been paid out to … [Read more...] about How Big Data Enabled Spotify To Change The Music Industry
Customer Strategy – How Will You Utilize Predictive Analytics?
Organizations have the opportunity to grow by becoming more customer centric aligning their operating model around the customer to drive an effective market strategy. A key step in designing a customer centric operating model is to analyze and predict a customers future buying behavior. The business intelligence market is growing nine percent per year and will exceed $80 … [Read more...] about Customer Strategy – How Will You Utilize Predictive Analytics?
How Will The Future Of Big Data Impact The Way We Work And Live?
The semantic web, or web 3.0, is often quoted as the next phase of the Internet. In a previous post, I discussed the impact of big data on the semantic web, and I mentioned that the semantic web would enable all humans as well as all internet connected devices to communicate with each other as well as share and re-use data in different forms across different applications and … [Read more...] about How Will The Future Of Big Data Impact The Way We Work And Live?
