The recent revelations about the NSA's secret program makes people aware of the world of big data and the thin line between the benefits and privacy concerns related to big data. The challenge is to get all the great benefits from big data, such as better medical healthcare or fewer casualties in traffic, while finding a balance with the loss in privacy. Trust and transparency … [Read more...] about The Balance Between Big Data Benefits And Big Risks – Video
organisations
What Affects The Value Of Big Data?
Raw data in itself is worthless. Even more, raw data in itself just means costs. Costs related to storing and processing that data. Only when that data is analysed, insights can be derived from it and value is created. These insights determine the value of big data. Of course, organisations that want to develop a big data strategy also want to pre-determine the expected value. … [Read more...] about What Affects The Value Of Big Data?
Why a Mere 300 Exabytes In Legacy Data Will Give Us A Headache
Although 90% of the available data in the world was created in the last two years, it does mean that there is still a lot of old data. In 2010 and 2011 we created in total 3 Zettabytes of data. If we use a very simplified calculation, it would mean that the amount of old data is still approximately 0.3 Zettabyte or 300 Exabytes. If we compare that to the 2.5 Exabyte of data … [Read more...] about Why a Mere 300 Exabytes In Legacy Data Will Give Us A Headache
The Big Data Roadmap to a Winning Big Data Strategy
Knowing what big data is, is one; knowing what a big data strategy is two; knowing how to implement that big data strategy is even more difficult. At least, that is how a lot of organisations perceive it. And it must be said, in large process-directed organisations, what most of the large corporates are, it can be difficult. Convincing the board and defining were to start could … [Read more...] about The Big Data Roadmap to a Winning Big Data Strategy
Aurora Health Care Stays Financially Healthy Due To Big Data
1.2 million customers, 15 hospitals, 185 clinics, more than 80 community pharmacies, over 30,000 employees including over 6,300 registered nurses, and nearly 1,500 employed physician create a vast amount of data. The not-for-profit Aurora Health Care system has decided to put that wealth of data to use in order to improve decision-making and make the organisation more … [Read more...] about Aurora Health Care Stays Financially Healthy Due To Big Data
