The Internet of Things (IoT) is the network of physical objectsdevices, vehicles, buildings and other items which are embedded with electronics, software, sensors, and network connectivity, which enables these objects to collect and exchange data. Implementing this concept is not an easy task by any measure for many reasons including the complex nature of the different … [Read more...] about 5 Components and its Challenges of an IoT Implementation
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8 Challenges for the Biomedical Industry in terms of Big Data
We are anticipating an exponential growth in the availability of genomics big data, thank to Next-generation Sequencing (NGS) platforms that have reduced the time and cost for sequencing genomes. NIH data (see Figure 1) indicates a reduction in the cost of sequencing an entire genome from $100M in 2001 to around $1,000 in 2015. In a landmark diagnostic genomics case study in … [Read more...] about 8 Challenges for the Biomedical Industry in terms of Big Data
Big Data Management and Its Security Challenges
The benefits of big data, like always, keep on increasing. Individuals, organizations, government institutions, etc., that are eyeing a faster throughput, need large collections of data for predictive analytics. However, with growing volume and variety of data, challenges related to its management and security are being faced. Managing thousands of servers and hundreds of … [Read more...] about Big Data Management and Its Security Challenges
How Artificial Intelligence Will Kickstart the Internet of Things
The possibilities that IoT brings to the table are endless. IoT continues its run as one of the most popular technology buzzwords of the year, and now the new phase of IoT is pushing everyone to ask hard questions about the data collected by all devices and sensors of IoT. IoT will produce a tsunami of big data, with the rapid expansion of devices and sensors connected to the … [Read more...] about How Artificial Intelligence Will Kickstart the Internet of Things
5 Mega Trends Driving the Chief Analytics Officer Role
By now, the impact of a Chief Data Officer has been quantified. Forrester estimates that organizations with CDOs are 60% more likely to report higher business agility from Big Data initiatives than those without. However, the Chief Analytics Officer role is still in its nascency, relatively untested next to its older cousin the CDO. Yet, there is significant promise in a role … [Read more...] about 5 Mega Trends Driving the Chief Analytics Officer Role
