Not only organizations are sitting on huge piles of data, also governments are known for creating enormous amounts of data. In fact, they are one of the biggest data-creators in the world and all this (raw) data can be worth a lot of money. McKinsey estimated in 2011 that the potential value of Big Data for the European Sector would be up to 250 billion per year in 2020. Â Most … [Read more...] about How Open Data Portals Will Stimulate Innovation and Economic Growth
Big Data
Debunking Some of the Biggest Big Data Myths of 2014
Marketers, project managers, human resource professionals, domain experts, everybody is talking about Big Data as the single most important new age catalyst for innovation, competition and productivity. It therefore comes as no surprise that everybody is getting onboard the Big Data bandwagon. But not everybody is able to leverage its immense potential. One reason for this is … [Read more...] about Debunking Some of the Biggest Big Data Myths of 2014
The Impact of Big Data on the Food Industry
As consumers, we have pretty high expectations for our food. We expect our ketchup or our frozen lasagna or our oreo cookie to taste the same every time, no exceptions. Producers and restaurant owners must also constantly keep up with changing trends as they adapt their menu and decide which food to pair with what. Needless to say, keeping quality consistent in a competitive … [Read more...] about The Impact of Big Data on the Food Industry
Artificial Intelligence: Evil or Genius?
Unlike the dawning of the second ice age, which followed a modest thousand years after the first, our second machine age is about to begin. There is a lot of noise surrounding artificial intelligence. But not much signal. The critics see it as war: Man versus machine, bytes fighting babies, and software belittling society.This is a smack of ignorance. We as humans like to … [Read more...] about Artificial Intelligence: Evil or Genius?
Big Data Means Nothing If It Isn’t Smart
Big data has been the tech industrys favorite buzzword for the past few years and for good reason. Every website you visit, social page you like or follow, and wearable tech that you update is collecting data about your behaviors. For some, your car is building a database for your insurance company about when, where and even why you speed. And that implanted medical device that … [Read more...] about Big Data Means Nothing If It Isn’t Smart
