Category: Big Data

How Big Data, Predictive Analytics And Machine Learning Changed The Railway Industry

How Big Data, Predictive Analytics And Machine Learning Changed The Railway Industry

The ancient Silk Road, once the longest overland trade route, ran over 4,000 miles long. Today nestled in Eurasia’s heart along the Silk Road is the national railway company – Kazakhsthan Temir Zholy (KTZ). Though traversing across this historic pathway sounds rather cool, the complex geography and harsh weather conditions propose serious challenges in operating cargo and passenger transportation. 

Big Data, Big Problems as Privacy and Bias Concerns Persist

Big Data, Big Problems as Privacy and Bias Concerns Persist

Big data analytics is the secret sauce of the American polity and economy—widely utilized but poorly understood. Organizations use various types of big data analytics to make decisions, correlations, and predictions about their constituents or stakeholders. The market for data is big and growing rapidly; it’s estimated to hit $100 billion before the end of the decade.

Eight Ways Big Data Can Boost Your HR Efforts

Eight Ways Big Data Can Boost Your HR Efforts

Not just a tech industry buzzword, big data is making an impact across businesses and teams of all stripes. Combining and analyzing massive amounts of gathered data can lead to insights that improve everything from product development to customer relations and beyond. Big data also has the potential to revolutionize how HR teams find new candidates and improve culture and employee satisfaction—and more.

3 Ways Small Businesses Can Quickly Embrace AI Without Big Data or Programmers

3 Ways Small Businesses Can Quickly Embrace AI Without Big Data or Programmers

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.

7 Areas of Your Business That Can Be Streamlined By Big Data

7 Areas of Your Business That Can Be Streamlined By Big Data

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.

How Customer Data Platforms Play A Role In Securing Big Data

How Customer Data Platforms Play A Role In Securing 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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This Secret $35 Million FBI Unit Mixes Facial Recognition With Big Data To Investigate America’s Most Horrific Crimes

This Secret $35 Million FBI Unit Mixes Facial Recognition With Big Data To Investigate America’s Most Horrific Crimes

Big Data – In the wake of a mass shooting or terror attacks investigators can be left with hours of CCTV footage, video from witnesses, or clips from social media. Take the Boston Marathon bombing in 2013, where the FBI received over 13,000 videos and had 120 analysts probe them all for clues.

Digital Element Uses Big Data To Project Modern-Day Salaries For Baseball Greats Of Past

Digital Element Uses Big Data To Project Modern-Day Salaries For Baseball Greats Of Past

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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Rebuilding Employment: What Burning Glass Big Data On Job Openings Reveal

Rebuilding Employment: What Burning Glass Big Data On Job Openings Reveal

(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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Six Ways The Healthcare Industry Is Reaping Big Rewards From Big Data

Six Ways The Healthcare Industry Is Reaping Big Rewards From Big Data

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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