I wrote about predicting the future with analytics in a blog titled "Remember the Past and Predict the Future". In many industries, technological advances have greatly reduced the margin of error for predicting future outcomes. But what good is a prediction if you dont take action? Thinking about the ramifications of taking action on predictions can turn into a mind warping … [Read more...] about Take Action in Real Time with Big Data Analytics
Real-time big data
Big Data Analytics for Oil & Gas
Big Data Analytics for Oil & Gas In the oil and gas industry, all data is critical and is generated at an incredible rate. Companies traditionally have generated lots of data (in all parts of the business), but now are routinely generating extreme volumes of data at a higher exponential rate than ever before. Big data real-time analytics'present opportunities to … [Read more...] about Big Data Analytics for Oil & Gas
The Advantages and Disadvantages Of Real-Time Big Data Analytics
Having a lot of data pouring into your organisation is one thing, being able to store it, analyse it and visualize it in real-time is a whole different ball game. More and more organisation want to have real-time insights in order to fully understand what is going on within their organisation. What are the advantages ofReal-Time Big Data Analytics and what are the challenges … [Read more...] about The Advantages and Disadvantages Of Real-Time Big Data Analytics