The beginning of the year, as well as the end of the year, is traditionally the moment that a lot of companies make prediction of the year to come. So did I, when I wrote down my five Big Data trends for 2015, focusing on the major trends in the Big Data space that I foresee. Whenever a new infographic appears on Big Data trends, it is always good to share it with our Datafloq … [Read more...] about What Are The Data Science Trends for 2015?
open data
How Public Data is Creating a New Business Intelligence Market
As far as buzzwords go, Big Data is out and open data is in. Or at least thats what a glance at the headline seems to say. Across the country, states and cities are opening up their data streams to the public. The mayor of Chattanooga, TN, for instance, recently ordered the citys government data be open for public use. Los Angeles did the same thing. In both cases, the cities … [Read more...] about How Public Data is Creating a New Business Intelligence Market
5 Ways Big Data is Reducing Healthcare Costs
Although the cost-saving benefits of the Affordable Care Act may not be realized anytime soon, some new tools and strategies are being employed to help bring down the costs of healthcare now. And Big Data analytics is one of those tools. Enabling healthcare professionals to capture and analyze mountains of digitized healthcare data to obtain new insights, Big Data cloud … [Read more...] about 5 Ways Big Data is Reducing Healthcare Costs
How Open Data Portals Will Stimulate Innovation and Economic Growth
Not only organizations are sitting on huge piles of data, also governments are known for creating enormous amounts of data. In fact, they are one of the biggest data-creators in the world and all this (raw) data can be worth a lot of money. McKinsey estimated in 2011 that the potential value of Big Data for the European Sector would be up to 250 billion per year in 2020. Â Most … [Read more...] about How Open Data Portals Will Stimulate Innovation and Economic Growth
Debunking Some of the Biggest Big Data Myths of 2014
Marketers, project managers, human resource professionals, domain experts, everybody is talking about Big Data as the single most important new age catalyst for innovation, competition and productivity. It therefore comes as no surprise that everybody is getting onboard the Big Data bandwagon. But not everybody is able to leverage its immense potential. One reason for this is … [Read more...] about Debunking Some of the Biggest Big Data Myths of 2014
