Big data gets a lot of attention in discussions about the financial, healthcare, and marketing sectors -- in large part because they were already numbers-driven fields. Anyone could see how more, better data would improve efficiency and profitability there. However, big data is having effects on other niches, such as the fashion industry, surprising to say. Fashion doesn't seem … [Read more...] about How Big Data Is Reshaping the Fashion Industry
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The 5 Industries With The Highest Cyber Security Risks
New technology means new avenues for growth in every field, but it also means new threats. In our digital age, cyber security risks are undoing some of the greatest technological advancements in key industries. In 2015 alone, the Theft Resource Center found that over 780 data breaches occurred, leaving over 169 million records or personal information to fall into the wrong … [Read more...] about The 5 Industries With The Highest Cyber Security Risks
Computer Vision: Picturing The Future Of Retail
Its no big secret that we live in a consumer-driven society. The buyer is king and retailers have to keep up with current trends through investing time and money in data-informed insights to shape their core business strategies. Big Data will always play a part in influencing how retailers operate and market their products and brands. Advancing deep learning algorithms are … [Read more...] about Computer Vision: Picturing The Future Of Retail
Five Ways How Big Data is Applied in Russia
Everybody heard about Big Data, but a relatively small number of people knows what it means and how we can actually use it. Those who know can build their business around Big Data to optimize the spendings and forecast the behavior of their clients. The meaning behind Big Data The amount of digital data is growing every year. According to IBS the total number of data stored in … [Read more...] about Five Ways How Big Data is Applied in Russia
Three Unexpected Ways How Big Data Influences Your Business
You can't make good decisions unless you have good information to support them. For instance, you can't justify hiring new workers unless you know that orders are up or customer traffic is higher in your store. Data can also help you decide whether or not to accept credit cards or whether to cater more to your online customers as consumer shopping preferences evolve. What are … [Read more...] about Three Unexpected Ways How Big Data Influences Your Business