Castor receives $12M in Series A Funding to Use Data to Simplify the Clinical Research Process

Scientists from all over the globe are racing to find a vaccine for Covid-19. Among the types of scientists playing a massive role are biochemists, microbiologists, scientists specializing in infectious diseases; and now data scientists.

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City Planning by Guesswork is Being Replaced by Data Analysis

As new technologies keep emerging, city planning will no longer be based on guesswork as it once was. With the help of big data and analytics, things are much easier when it comes to getting the right data for planning than before. City dwellers and by extension, all citizens are walking around with data transmitters and are using different applications that gather data on their physical movements, consumer behavior, and habits. With all these assets at their disposal, city planners can predict the potential interest and movement of people and propose how and where specific areas, for example, a grocery store, can be built with accuracy.

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Big Data Is Set to Grow 43% According to Hadoop Report: Here's Why

As the novel coronavirus (Covid-19) continues to wreck-havoc around the globe – one thing is certain. Big data is not slowing down. In-fact a report by Hadoop predicts that the big data and analytics market will increase 43% in the next six years.

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Big Data Rules All as Organizations Grapple with Analytics & Compliance

Moore’s Law has been a constant fixture of data growth and the tech advancements required to sustain it, correctly asserting that the number of transistors on a microchip will double every year. Since 1965, this claim has gone unchallenged, with the microchip unbelievably decreasing in size while increasing in computing power. However, many cybersecurity experts and big tech are convinced that Moore’s Law may no longer be as indestructible as it once was, referencing the explosive growth of Big Data as a primary reason. Over the last two years, 90% of the world’s data has been produced, yet companies only analyze 12% of it. This missed opportunity to fully leverage the power of data analytics represents the enormous disconnect between the vast ocean of data and the organizational struggles to successfully harness it.

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