Credit card companies are among the most data-savvy organizations in the world and they have been ever since their birth. The reasons for this are very simple and arguably the biggest one of these is the fact that credit card companies operate with enormous numbers of both credit card holders and merchants. In order for this machine to keep running the way it should and for it … [Read more...] about How Credit Card Companies Use Big Data to Improve Industries
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9 Ways How Commercial Analytics Create Business Value
I first became involved in commercial analytics in the eighties. First, through my involvement in customer segmentation and data visualisation, principally in banking but also in energy, manufacturing and the chemical industry. It also emerged later, in conjunction with my activities at the Sperry European Centre for AI, and was centred on pricing and yield management … [Read more...] about 9 Ways How Commercial Analytics Create Business Value
4 Ground Breaking Use Cases of Big Data and High Performance Computing
With the amount of data that organizations have to deal, with expected to grow into the exabytes in the coming year(s), we will need better technology. Bring in High-Performance Computing, or HPC in short, and a completely new world opens for you. HPC is dramatically changing the playing field. In the past years, it has grown from an innovative feature used only by the most … [Read more...] about 4 Ground Breaking Use Cases of Big Data and High Performance Computing
Embracing the Uncertainty of Big Data
Contrary to popular belief, big data isnt some crystal ball to the future, and unfortunately, many organizations feel discouraged and deceived by all the hype surrounding big data. Thats disappointing because even if data isnt a guaranteed recipe for success, its incredibly useful in helping to build strategies and shape decisions. Organizations just need to temper their … [Read more...] about Embracing the Uncertainty of Big Data
9 Generic Big Data Use Cases to Apply in Your Organization
Big Data means something different for every organization and every industry. What Big Data can do for your organization depends on the type of company, the amount of data that you have, the industry that you are in and a whole lot of other variables. Whenever I advise organization on their Big Data strategy, this is the main problem; there are so many different possibilities … [Read more...] about 9 Generic Big Data Use Cases to Apply in Your Organization
