Datafloq

Data and Technology Insights

Business analytics

4 Principles and Mistakes to Avoid When Using Big Data

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Big Data is often hyped as the Next Big Thing, with fans claiming outlandish benefits for firms willing to use it. Yet, in many cases, companies enter into the world of Big Data without a coherent plan of what they want to achieve, and accordingly make some costly mistakes. One of the problems is that the geeks who work with Big Data generally do not understand the … [Read more...] about 4 Principles and Mistakes to Avoid When Using Big Data

Why Big Data Desperately Needs Transparency

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People have an innate suspicion of numbers. We understand that the answer to life, the universe, and everything is too complex to be boiled down to the number 42 (according to Hitchhikers Guide to the Galaxy), but in the search to quantify our existence, we do allow our lives to be ruled by numbers. We count the calories in our food, we count the minutes on our daily commute, … [Read more...] about Why Big Data Desperately Needs Transparency

Big Data Series

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A smart approach to learn Big Data Analytics & Digital Transformation Big Data Analytics & Digital Transformation Workshops are designed for organisations to help them learn the necessary tools to create a roadmap for a comprehensive, future-proof digital transformation strategy. Led by world-class gurus, these workshops are hosting key decision makers and senior … [Read more...] about Big Data Series

How to Make Business Processes More Efficient With Big Data

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Adhering to standard business processes can sometimes cost a lot of money. Commercial flights, for instance, are mandated by law to adhere to a strict schedule of maintenance and inspection. The loss to airline companies due to these routine checks can be as high as $10,000 for each hour of non-operation. A recent study conducted by SAP showed that by using big data and … [Read more...] about How to Make Business Processes More Efficient With Big Data