Amazon has an unrivalled bank of data on online consumer purchasing behaviour that it can mine from its 152 million customer accounts. Since many years, Amazon uses that data to built a recommender systems that suggest products to people who visit Amazon.com. Already in 2003 they used item-item similarity methods from collaborative filtering, which was at that time … [Read more...] about How Amazon Is Leveraging Big Data
Big Data
Does Big Data mean Big ROI For Your Organisation?
Big data, like every new technology, needs to be sold to the management in order to be implemented and, like every other technology, needs to show what the return of the investment will be. Many organisations believe that a Big Data strategy requires a big investment with unknown results. Although McKinsey stated that companies using Big Data can increase their operating margin … [Read more...] about Does Big Data mean Big ROI For Your Organisation?
8 Different Big Data Use Cases For Your Organisation
This Big Data platform is all about bringing together organizations who want to create a Big Data strategy and match them with Big Data startups. For organizations it is therefore necessary to understand how to use Big Data within an organization. Therefore, we have created a top 8 of the best Big Data use cases for organizations. Please let us know if you have more or … [Read more...] about 8 Different Big Data Use Cases For Your Organisation
The Advantages of Big Social Data For Your Organisation
At the moment there are more than 1 billion Facebook users, of which around 850 million are active on a monthly basis. There are more than 100 billion connections and each day gives us 2.7 billion new likes. Twitter has 500 million users and 180 million tweets are sent every day. Approximately 100 million Twitter users are active on a monthly basis. Linkedin has 200 million … [Read more...] about The Advantages of Big Social Data For Your Organisation
The Big Data Trends for 2013
A lot has been written already about Big Data trends for 2013 and here at Datafloq we want to add a few that we believe will be important for 2013. According to the Emerging Technologies Hype Cycle published by Gartner in the summer of 2012, the trend Big Data has just entered the Peak of Inflated Expectations, meaning that everyone expects everything from Big Data. Gartner has … [Read more...] about The Big Data Trends for 2013
