Source – indiatimes.com When you buy a product from an online marketplace, have you ever wondered how your order gets processed among millions of others? Does it baffle you how some banks use chatbots to solve customer queries based on transaction history, or that financial and portfolio management institutions deploy sentiment analysis and algorithms to consistently Read More
Tag: Big data
Source – forbes.com Moshe Yanai has been re-thinking the box for more than 40 years, inventing new configurations of the large containers in which we keep the data generated by our constantly expanding digital lives. Data is eating the world and Yanai has been staying on top of its exponential growth by applying smart algorithms (what Read More
Source – theguardian.com Equifax, one of the largest credit reporting agencies, revealed on Thursday that it was hacked back in May, exposing the personal data of up to 143 million people. The data accessed by hackers contains extremely sensitive information like social security numbers, birth data, consumer’s names, driver’s license numbers and credit card numbers. This breach is Read More
Source – techrepublic.com Big data exploration usually starts at a high level of data abstraction, and then gradually plumbs into the depths of the data as companies learn more from it. The approach has worked well, and is operative in many different types of applications. For instance, GIS and mapping systems use data to visualize a Read More
Source – forbes.com Artificial intelligence is firmly embedded throughout the economy. Financial services firms use it to provide investment advice to customers, automakers are using it in vehicle autopilot systems, technology companies are using it to create virtual assistants like Alexa and Siri, and retailers are using artificial intelligence (AI) together with customers’ prior sales histories, Read More
Source – hpcwire.com For about a year the Renaissance Computing Institute (RENCI) has been assembling best practices and open source components around data-driven scientific research to create a rapidly deployable “cross-disciplinary Data CyberInfrastructure” dubbed xDCI. Funded in part by NSF, and quite far along in its first two test cases, xDCI could become a powerful enabler Read More
Source – thecipherbrief.com Hunger and political instability go hand in hand. Fighting and droughts across Somalia, South Sudan, Yemen, and parts of Nigeria have caused dire situations and have driven up food prices, placing over 20 million people under increased risk of food insecurity. Terrorist groups and criminals prey on such situations, exacerbating political tensions and violence. Leadership Read More
Source – forbes.com We produce 2.5 exabytes of data every day. That’s equivalent to 250,000 Libraries of Congress or the content of 5 million laptops. Every minute of every day 3.2 billion global internet users continue to feed the data banks with 9,722 pins on Pinterest, 347,222 tweets, 4.2 million Facebook likes plus ALL the other data we create by Read More
Source – hindustantimes.com In July 2016, Georgia Tech professor Ashok Goel hired Jill Watson, a teaching assistant for the spring semester. Jill was great at online student interactions, answering questions and was nominated as an outstanding assistant by students. The difference between Jill and other assistants? Jill is a chatbot. Her DNA is based on an Read More
Source – information-age.com There are many qualities that we search for in great leaders: wisdom; loyalty; constancy; courage; the ability to communicate persuasively, balanced with a willingness to hear uncomfortable truths and to change direction. But when it comes to a great data leader, a crucial role in an increasingly digitalised era, the defining characteristics vary Read More
Source – fiercehealthcare.com Big data has a lot of potential to improve healthcare and a number of companies are developing applications to help make that happen, according to a new report. Healthcare market research firm Kalorama Information dove into government and trade source databases to outline some of the uses of big data and the groups that are driving the push for Read More
Source – huffingtonpost.com If an enterprise has Big Data on hand, the urge to convert it into actionable information that would help business thrive seems obvious. Let’s zoom in on how we can apply Machine Learning to business. To illustrate the case, we’ll use the results of a problem-solving session that took place at a datathon. Read More
Source – insidebigdata.com Lowering energy consumption, looking for new sources of renewable energy and boosting energy efficiency are all integral Big Data goals to protect the environment as well as to sustain economic growth. Big volumes of data in motion are being increasingly monitored and analyzed in real time, which helps in achieving these goals. A Read More
Source – dataconomy.com Data innovation and technology are a much discussed but rarely successfully implemented in large financial services firms. Despite $480 Billion spent globally in 2016 on financial services IT, the pace of financial innovation from incumbents lags behind FinTech which received a comparatively puny $17 Billion in investment in 2016. What lies behind the discrepancy? We provide a Read More
Source – menafn.com Technavio’s latest market research report on the deep learning market in the US provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline. Read More
Source – cso.com.au 1. Big Data is one of the hottest technology trends today. It provides the mining industry a chance to manage the volume, variety and velocity from any source to boost business outcomes. 2. Big Data plays a great competitive advantage to any company in the mining industry as long as it is properly Read More
Source – technode.com Didi, the Chinese ride-hailing giant, is looking for ways build up its big data and artificial intelligence capabilities. While widening its global presence with its partners, the company is also deepening its big data technology and artificial intelligence capabilities to become a global leader in smart transportation and automotive technology. The Beijing-based company raised Read More
Source – logisticsmgmt.com Defined as the massive volume of structured and unstructured data that can’t possibly be processed using traditional software or database strategies, Big Data is affecting every corner of the business world. It’s no surprise, really, seeing that more data has been created in the past two years than in the entire history of Read More
Source – straitstimes.com Here’s a tip for study time: If your classroom or study environment is too warm, you might not be able to concentrate or cram for that paper you need to ace. Five students, all aged 15, from Compassvale Secondary School found that keeping the temperature of the surroundings below 28 deg C was Read More
Source – itproportal.com Manufacturers and retailers are inundated with information from an ever-increasing number of disparate sources, but the real challenge that they face is how to ensure their big data becomes smart data. Only if retailers and brands can gather, integrate, analyse and create actionable insight from their point of sale (PoS), customer loyalty and Read More
Source – networkworld.com Apple, Amazon and Microsoft may have made themselves globally recognized, billion-dollar brands by producing the most innovative products and services, but these days they’re finding a new way to dominate the market: exploiting big data. The profitable strategies used by these tech giants are now being studied across the industry, as more and Read More
Source – insidebigdata.com As Big Data moves from hype to reality, more companies are adopting a “data first” approach. Data is used to formulate strategies, design products, embed intelligence in applications, and ultimately provide an awesome customer experience. With increased data awareness, executives are also demanding more from their data teams – just mining data to Read More
Source – host.madison.com Though the concept of artificial intelligence (AI) has been around since the 1950s, it was the advent of big data and improvements in computing power that enabled practical applications of the science. With all the press concerning AI and the myriad advancements, the concept remains elusive to many. Much of the progress made Read More
Source – dataconomy.com Google regularly gets voted as the best company to work for in USA – its employees get generous paid holidays, free food and are even encouraged to take power naps during the work day in those ‘nap pods’. Google has been providing an excellent workplace atmosphere to its staff – not because they Read More
Source – infoworld.com Data scientists are in high demand, and this skills shortage looks to continue for the next few years. According to a study by IBM, by 2020 the number of annual job openings for all data savvy professionals in the United States will increase from 364,000 openings to 2,720,000. Furthermore, according to the study, the Read More
Source – techcrunch.com There are few more credible authorities on artificial intelligence (AI) than Hilary Mason the New York-based founder and chief executive of the data science and machine learning consultancy Fast Forward Labs. So, I asked Mason, who is also the Data Scientist in Residence at Accel Partners and the former Chief Scientist at Bitly, whether today’s AI revolution is for Read More
Source – betanews.com Big data and analytics are topics firmly embedded in our business dialogue. The amount of data we’re now generating is astonishing. Cisco predicts that annual global IP traffic will reach 3.3 ZB per year by 2021 and that the number of devices connected to IP networks will be more than three times the global population Read More
Source – itproportal.com Big data and analytics are topics firmly embedded in our business dialogue. The amount of data we’re now generating is astonishing. Cisco predicts that annual global IP traffic will reach 3.3 ZB per year by 2021 and that the number of devices connected to IP networks will be more than three times the global population Read More
Source – itworld.com You’ve probably encountered the term “machine learning” more than a few times lately. Often used interchangeably with artificial intelligence, machine learning is in fact a subset of AI, both of which can trace their roots to MIT in the late 1950s. Machine learning is something you probably encounter every day, whether you know Read More
Source – illinoisfarmertoday.com ST. LOUIS — Big Data in agriculture isn’t really new. The technology used to collect it may be, but common sense still rules its use. Steve Sonka realized the value of ag data during his childhood on the family farm in Iowa, where he milked cows and fed chickens. He learned early on Read More