When AI was first launched, it was perceived as a technology that could revolutionize business models by creating a full understanding of a clients’ profile and their needs. It would be a must-have technology for large businesses to boost their balances and a magic tool for small business owners to remove barriers between their product or service and the final user — using the right data, of course.
Big data as a concept is thrown around a lot. It’s often used as a buzzword to sound tech-savvy and on the ball — but how much do you really know about it? In truth, it’s been around for decades. Businesses have been analyzing their customers’ actions and behaviors and using it to inform their business decisions for a long time; it’s the marker of a strong businessperson. The difference today is that we now have the tools and technology to gather and analyze larger amounts of data faster. Enter big data.
Big Data – A new market research report shows that by 2027, the overall big data security market will grow to $64.4 billion. It’s not surprising. Some reports estimate 90 percent of all global data ever created was created in just the past few years. That’s good news for marketers looking to gain insights into…
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Gerrit Cole and Mike Trout have the highest salaries in the major league this year. The New York Yankees right-hander and Los Angeles Angels center fielder will each make $13,333,333 in a pandemic-shortened 60-game season. That is a prorated 37 percent of what would have been their full salaries of $36 million if COVID 19…
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(Latest in a series on the impacts of the coronavirus on employment and the workplace. The previous ones are here. The series turns now going forward to rebuilding America’s job base.) Burning Glass Technologies is among the preeminent data analytics firm worldwide in the employment field. It tracks 3.4 million job listings daily, across more…
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As if technology wasn’t changing the world enough, AI and big data are pairing together to provide an advantage to those who use them. Possibly the place where this is most prevalent is in the healthcare industry, which is thriving from all the information. Big data is growing every day, and with it comes the…
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Track and monitor who has access, when it’s accessed, and why, to keep it safe and use it to its full potential. Companies are failing at managing their structured and unstructured data, and two recent reports illustrate the problem. Many enterprises don’t know how employees are using their data, and they deal with incidents of…
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The buzz around big data has created a widespread misconception: that its mere existence can provide a company with actionable insights and positive business outcomes. The reality is a bit more complicated. To get value from big data, you need a capable team of data scientists to sift through it. For the most part, corporations…
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Big Data – Databases full of real names and ID numbers have been used in China for censorship and surveillance, but can they help stop the virus? Alarm over the rapidly spreading coronavirus in China has made it important to keep tabs on where people have been. That’s why anyone who needs proof that they…
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