Fast data may be the next big thing, but what exactly is it, and how can it help your association? Fast Data - Associations have found ways to get more business intelligence out of their data and use it to inform their decision making. Now the next challenge is to do it faster. “Fast data”—identified [...]

By |Fast Data|

Omnichannel Retail: Big Data Is Nice, Fast Data Is Necessary

Fast Data - Any retailer that wants to be competitive knows it must offer a seamless omnichannel experience to its customers. However, many retailers aren't aware that the key to powering that customer experience is IT system performance. Why? Omnichannel retailers must process, analyze and use huge amounts of data for a multitude of equally important [...]

By |Fast Data|

Key Differences between Text Mining vs Natural Language Processing

Natural language is what we use for communication.  Techniques for processing such data to understand underlying meaning is collectively called as Natural Language Processing (NLP). The data could be speech, text or even an image and approach involve applying Machine Learning (ML) techniques on data to build applications involving classification, extracting structure, summarizing and translating data. [...]

By |Fast Data|

Fast Data, Fast Monitoring – From Big Data to Fast Data

Today, the key to leveraging data effectively is to do fast data. In a similar fashion, traditional incident management-which entails collecting and analyzing large volumes of monitoring information-is no longer enough. Organizations must also now do "fast monitoring," which means not only collecting monitoring data; but making it actionable in real-time. Very simply put, fast [...]

By |Big Data, Fast Data|

The Business Importance of Fast Data, Real-time Analytics & Transaction Tracking

Enterprise-Grade Digital Transformation Lately, there’s a lot of talk about something called “digital transformation”. Is this really,”a thing”?  Apparently, it is.  Digital transformation is the process of shifting your organization from a legacy approach to new ways of working using emerging technologies. […]

By |Analytics, blog, Fast Data|

When Big Data Isn’t Enough – You Need Fast Data!

Big data is getting bigger all the time, but that’s only half the story. The ever-growing amount of information streaming in from sensors, point-of-sales, social media and clickstreams means that enterprises must now, more than ever, have the capabilities to react quickly. Data, after all, has a shelf life. It’s all very well if your [...]

By |blog, Fast Data|

What Is The Right Way Of Using Big Data For Business Excellence?

Using Big Data for business success is undoubtedly a smart move, but only when implemented orderly. The responsibility for the initiatives and implementation starts with properly understanding & organizing it before bringing in the voluminous data. Since most of the companies have leadership and capabilities vacuum for Big Data and Analytics, therefore, making it smart [...]

How You Can Improve Customer Experience With Fast Data Analytics

In today’s constantly connected world, customers expect more than ever before from the companies they do business with. With the emergence of big data, businesses have been able to better meet and exceed customer expectations thanks to analytics and data science. However, the role of data in your business’ success doesn’t end with big data [...]

Getting IT Operational Intelligence from Perishable Data

For, IT Operations professionals and members of the DevOps group, the ultimate advantage would be to know everything as it happens in their business—and everything that could happen. To know all and see all with complete vision is the competitive ideal: operations managers detecting performance problems before delays arise, the company discovering trends the moment [...]