Big Data

Banking on analytics and machine learning – Demystifying the terms

Machine learning, a subset of Artificial Intelligence (AI) is a method of data analysis that uses algorithms to iteratively learn from data and derive insights without being explicitly programmed. We can find examples of how Machine Learning is already a part of our daily lives – like Google Maps, using location data from smartphones, analyses [...]

The All-encompassing Role of Big Data in the Finance and Trading Industry

Big data is something that is setting its fingerprints in almost everything, irrespective of the business or industry you’re looking at. Nowadays, it is hard to separate the big business decisions from big data and this is especially true with regards to the finance and trading industry which is feeling the biggest influence of big [...]

Artificial Intelligence and Big Data

Artificial Intelligence Artificial Intelligence (AI) has been around for decades. However, recently with the advent of “Big Data”, it’s been getting more attention. Wikipedia says this about Artificial Intelligence: “In computer science, the field of AI research defines itself as the study of ‘intelligent agents’: any device that perceives its environment and takes actions that [...]

How Machine Learning, Big Data And AI Are Changing Healthcare Forever

While robots and computers will probably never completely replace doctors and nurses, machine learning/deep learning and AI are transforming the healthcare industry, improving outcomes, and changing the way doctors think about providing care. Machine learning is improving diagnostics, predicting outcomes, and just beginning to scratch the surface of personalized care. Imagine walking in to see [...]

Most Industries Are Nowhere Close to Realizing the Potential of Analytics

Most Industries Are Nowhere Close to Realizing the Potential of Analytics Back in 2011, the McKinsey Global Institute published a report on the transformational potential of big data—and it would take a supercomputer to process all of the articles that have appeared since then urging companies to get on board before some digital disruptor renders [...]

By |Analytics, Big Data|

The importance of big data and analytics in the era of digital transformation

As organisations begin their digital transformation journey, big data and analytics can play a key role in it being a success. Big data means better business Data is an enabler of future strategies and immediate change, thanks to the power of predictive analytics and advanced data science. Correctly harnessing data can help to achieve better, [...]

What is Big Data?: Many firms are investing heavily in Big Data analytics.

Big data analytics is quickly gaining adoption. Enterprises have awakened to the reality that their big data stores represent a largely untapped gold mine that could help them lower costs, increase revenue and become more competitive. They don’t just want to store their vast quantities of data, they want to convert that data into valuable [...]

By |Big Data Analytics|

Big Data In Healthcare: Paris Hospitals Predict Admission Rates Using Machine Learning

Hospitals in Paris are trialing Big Data and machine learning systems designed to forecast admission rates – leading to more efficient deployment of resources and better patient outcomes. It’s just one more way in which cutting-edge data science is being applied to real-world problems in healthcare, along with creating personalized medicines, fighting cancer and streamlining [...]

By |Big Data, Healthcare|