The smart city of Songdo, the worlds first City in a Box will be ready in 2015. It encompasses 1.500 acres of reclaimed land in South Korea and it will be a revolution in city design. Located just 40 miles from Seoul and 7 miles from Incheon International Airport. Songdo will have commercial office spaces, retail shops, residences, hotels as well as civic and cultural … [Read more...] about The Smart City Of The Future Will Bring Big Data To A New Level
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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?
Vitria Offers Companies Continuous Real-Time Insight
Company Vitria Address 945 Stewart Drive, Suite 200 Sunnyvale, CA, USA Founders Dr. JoMei Chang & Dr. Dale Skeen Founded 1994 Funding Unknown Employees 157 Website www.Vitria.com Rating 8 bits  Vitria Operational Intelligence provides continuous real-time visibility in big data, complex events, business processes, security issues and social media … [Read more...] about Vitria Offers Companies Continuous Real-Time Insight
Big Data Impacts Society, But What Will Be The Impact Of Society On Big Data?
Since McKinsey wrote a well-known report about Big Data in May 2011 and called it the next frontier for innovation, competition and productivity, we have come a long way. In the past year 12% of organisations have developed a Big Data strategy, while 70% of the respondents of a SAS survey said that they were planning or already started a Big Data project. More interesting … [Read more...] about Big Data Impacts Society, But What Will Be The Impact Of Society On Big Data?
Caesars Entertainment Trusts Big Data More Than Gambling
Caesars Entertainment, known from the numerous luxurious hotels and casinos in among others Las Vegas, has become a data-driven organisation where data drives decision-making. Due to the collection of massive amounts of data, Caesars is able to cultivate customer loyalty and surprise guests with free gifts after, for example, a bad day at the casino. Their data-driven strategy … [Read more...] about Caesars Entertainment Trusts Big Data More Than Gambling