Research firms project the predictive analytics market to reach $5.2 to $6.5 billion by 2018/2019; they are calling it the game changer as it has helped reinvent 6 industries (Healthcare, Manufacturing, Marketing & Financial Services, Government, Credit Risk Insurance and Workforce Management). This is the why more and more organizations are turning to predictive … [Read more...] about 2nd Annual Global Predictive Analytics Forum in MENA
Business analytics
A Beginner’s Look at Big Data and its Benefits for Your Business
Not many people are familiar with the term "big data." Big data affects everyone and what's surprising is the fact that there is no education or training on its importance. In layman's terms, the phrase big data is used to refer to large and complex sets of data that can be computationally analysed to reveal trends and patterns. So, many people are not aware of the concept of … [Read more...] about A Beginner’s Look at Big Data and its Benefits for Your Business
Why Isn’t Big Data Called Small Data?
Sometimes I think that Big Data has a branding problem. You see, for data scientists to gain the trust and buy-in from their colleagues, they have to explain how their analysis can add value. They take a data ocean of information and distill it into highly-specific and actionable insights for every internal customer, refining and refreshing it along the way to ensure that it is … [Read more...] about Why Isn’t Big Data Called Small Data?
How Facial Recognition Can Help to Understand People
The facial recognition market is expected to grow to more than $2 Bn by 2020. While that's a small figure compared to that of the analytics market which is expected to grow to a whopping $200+ Bn around the same time, the demand for face analytics continues to grow in-line with the expectations and, therefore, the application of big data and analytics in many spheres of our … [Read more...] about How Facial Recognition Can Help to Understand People
7 Basic Misconceptions about Cloud Technology in a Business
The cloud is growing larger every day, with more and more customers either storing their data there or using its other functions. In a time of rapid change, it's easy for the cloud to be seen by some as a panacea to cure their many IT ills, while for others it presents as a source of impending woe. An increased number of clients are storing their data on it or utilizing it for … [Read more...] about 7 Basic Misconceptions about Cloud Technology in a Business
