Over the years, financial industries have had a long track record of managing data and applying analytics to optimizing customer relationships and developing new services. Fortunately more and more life science companies have begun to fully embrace as well as seize upon the opportunities to organize and apply their data in a systematic way, be it drug development or patient … [Read more...] about Big Data and AI: Are They Good For Life Sciences?
Big Data
How Big Data Enables Open Strategizing
Open strategy is the decentralisation of strategy formulation across, previously excluded, internal and external stakeholders. Traditionally, companies focused on control and ownership of an organisation's assets to ensure competitive advantage. However, this focus on control of resources is no longer the key to success. In today's data-driven societies, knowledge, i.e. data, … [Read more...] about How Big Data Enables Open Strategizing
How Big Data is Improving Jewellery Business Efficiency and Marketing
Did you know that in today's digital world, over 2.5 zeta bytes worth of data is already in existence? It's no wonder the term 'big data' is becoming one of the latest buzzwords in the technology world, referring to huge data volumes that flood a business on a daily basis “ in structured and unstructured formats. Thanks to the digital revolution, over 5 billion people globally … [Read more...] about How Big Data is Improving Jewellery Business Efficiency and Marketing
Digital Transformation Through Big Data, Analytics & Machine Learning
Can you imagine collecting data from 10,000 different data sources from over 65 billion records? That's exactly what RELX Group, a leading global information and analytics company, is doing to evolve with the Intelligent World. They have undergone a digital transformation to adapt to the ever changing digital landscape. They are achieving transformation through their control … [Read more...] about Digital Transformation Through Big Data, Analytics & Machine Learning
The Difference between Data Scientists, Data Engineers, Statisticians, and Software Engineers
Finding out the difference between data scientists, data engineers, software engineers, and statisticians can be confusing and complicated. While all of them are linked to data in a way, there is an underlying difference between the work they do and manage. The growth of data and its usage across the industry is hidden from none. During the last decade in general, and the last … [Read more...] about The Difference between Data Scientists, Data Engineers, Statisticians, and Software Engineers
