There is a good chance that your organisations will not exist anymore in 10-15 years from now, if you do not start developing a big data strategy now or in the coming years. However, developing a big data strategy is not easy. A big data strategy requires a data-driven, information-centric culture instead of a culture where decisions are based on raw estimates or gut feeling. … [Read more...] about Five Preconditions To Adhere To When Developing A Big Data Strategy
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The Control of Personal Data by Large Powerful Corporations
Nicholas Carr, Pulitzer Prize Finalist for his book, The Shallows: What the Internet Is Doing to Our Brains, discusses the dangers that occur when large companies such as Twitter, Facebook and Google own the majority of personal data. … [Read more...] about The Control of Personal Data by Large Powerful Corporations
How Trust Could Drive Trillions of Dollars With Big Consumer Data
Without being aware of it, consumers create massive amounts of consumer data during their daily activities. This massive data deluge helps organisations to better understand their business and to better target those consumers with personalized offers, experiences and products. For both organisations and consumers it is important to be aware of when and where all that data is … [Read more...] about How Trust Could Drive Trillions of Dollars With Big Consumer Data
Think Bigger – Developing A Successful Big Data Strategy For Your Business
Big datathe enormous amount of data that is created as virtually every movement, transaction, and choice we make becomes digitizedis revolutionizing business. Organisations can use all this data to glean valuable insight into how best to serve their customers. Big Data is drastically changing business, with companies that have implemented a Big Data strategy financially … [Read more...] about Think Bigger – Developing A Successful Big Data Strategy For Your Business
Machine-Learning: Connecting Devices with Algorithms – video
Machine learning algorithms have been around for ages, but they are getting exponentially better each year. The algorithms are being used in many different devices ranging from self-driving cars to writing magazine articles. Jeremy Howard, data scientists, talks about how machine-learning competitions drive the improvement of the algorithms and he sounds a warning what could … [Read more...] about Machine-Learning: Connecting Devices with Algorithms – video