Big data

Big data (33)

Data is Helping Trains Stay on Track on Time

Data is one of the essential components that determines the success of a company regardless of the industry it operates. This is precisely the reason the transport industry is banking on it to propel its operations to the next level. One of the subsectors that has taken advantage of data is train transport that’s using it to ensure trains stay on time and operate safely. In the Netherlands for instance, big data analytics is doing an amazing job in the management of trains and railways. The country has in the past faced numerous challenges such as lateness, overheating of trains, freezing of switches and other maintenance problems.

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IDA 2020 Predictions: The Growing Data Center Sector Will Ramp Up Its Shift to Renewables

The number of data centers is expected to soar in the next several years. The global data center market is estimated to reach revenues of around $174 billion by 2023. Yet, data centers are in the spotlight over their carbon footprint. The growing number of these facilities and their increasing electricity demands strains power generation resources and grid infrastructure.

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Big Pipelines Leverage Big Data to Keep Flowing

As digital transformation continues gaining momentum, a new generation of companies that depend on data is also emerging. Regardless of the industry that these organizations fall into, they are now embracing new applications that rely on distributed data for production and enhanced efficiency. As these organizations continue embracing big data technologies and the Internet of Things (IoT), that are necessary for consumer analytics, fraud prevention and marketing, new applications that address these needs keep emerging. This calls for radically new methods of dealing with large volumes of data in real-time.

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Big Data Helps Bring Clarity to Less Obvious Economies

Big data is the leading buzzword among businesses and government agencies nowadays. No matter the industry in that a company operates, data is a vital resource that is changing the economic landscape. In government agencies, big data has helped avail information that can be used to in governance issues, inclusivity and to build sustainability. For a comprehensive agenda to be established, the economic and environmental data needs to be collected and analyzed to show patterns.

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Out of Sight- Out of Mind - Why Data Lakes are Vulnerable to Cyber Attacks

Data loss protection, anti-viruses, and endpoint security are just some of the technology available to defend against a cybersecurity attack. Organizations use these platforms to keep their existing data secure from potential threats. Often, this protection does not extend to information stored in data lakes. Because of this – information located in data lakes are vulnerable to attacks – a problem that hackers exploit when infiltrating data lakes.  

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Scale Back Your Use Of Big Data In Favor Of Accuracy For Better Results

Big data is now a topic of discussion in many boardrooms where most organizations believe that if they collect all data from different streams into their companies, they can apply analytics and they will, without doubt, gain significant value from it. However, although big data can have a massive impact on your business if data is gathered and used appropriately, it can also present a challenge if too much data is collected without regard to verifying accuracy. This article highlights reasons why you need to scale back your big data in favor of accuracy to realize better results.

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Did 2019 Big Data Predictions Surpass the Hype?

In 2018 there were numerous Big Data predictions from industry leaders. For instance, there will be a high demand for data scientists. Big Data will become more accessible. Information retrieval and NLP will see a surge in use. Now that we are in Q4 of 2019, did those and other predictions live up to the hype or go beyond industry expectations?

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Big Data is helping Alex's Lemonade Stand Foundation Fight Childhood Cancer

Data isn’t solely used by data scientists and analysts anymore.  Data is a currency that’s being monetized by marketers, recruiters, and sales managers to influence decision makers and stakeholders. One research organization understands this all too well. The need to analyze and interpret big data is now bleeding into the medical research field in hopes to drive results that will eventually lead to a cure for childhood cancers.

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New Frontier Data Solidifies Role in Cannabis-Related Data with Two Acquisitions

New Frontier Data, the leader in marijuana- based market research just expanded their presence in the cannabis community by acquiring not one but two different marijuana centered organizations. The DC-based company announced last week that they had acquired Zefyr – a data discovery platform for approximately $10 million. The merger creates what the companies call the “first marketing tech solution of its kind” in the industry.

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Is Big Data a Threat to Legal Confidentiality?

Many positive things have been said about big data. The increasing adoption of big data among organizations has however shown the downsides of this concept and technologies associated with it. Legal confidentiality is one of the areas that is under threat from big data. In the rush to embrace big data and opportunities that come along with it, we must never forget where we have come from. For instance, back in the early days of the dotcom boom, many internet businesses failed to address the most basic of things. For example, many forgot to secure their assets by following the correct legal procedures and intellectual property rights. As such, many lost their innovations.

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