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How to Leverage Big Data to Improve Business Performance
With the progress made in the digital landscape, organizations have access to vast amounts of data from different sources, often fast. This is what is known as big data. Businesses are offered tremendous potential to gain valuable insights and improve their overall performance by analyzing this data through big data analytics. In this article, we will explore various strategies on… Read more...
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How to Leverage Big Data to Improve Business Performance

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Written by Scott Koegler

Strategies for Tackling Big Data Visualization
In a world where data is becoming more important than ever, organizations must contend with an ever-increasing volume of information streaming from different sources. However, the true value of this data lies not in gathering it but in its effective visualization. Data visualization entails representing complex data sets visually, enabling businesses to gain valuable insights, make informed decisions, and communicate… Read more...
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Written by Danielle Loughnane

Careers in Analytics: How to Succeed as a Growth Manager
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Starting Out in Data Science
Not everyone needs to be a data scientist, but every company should utilize data to… Read more...
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Strategies for Tackling Big Data Visualization

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Big Data and IoT

Big Data Can Help Understand Behavior

Creating Systems for Real-Time Processing and Analysis of Streaming Data
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Written by Scott Koegler

What Happens to Big Data Projects
Big data is fast gaining momentum, and so are the big data projects. Companies are increasing in size and ambition. However, the rising number of big data projects does not mean that they all succeed. Gartner estimates that the number of big data projects that fail is about 60 percent in 2016. In 2017, Gartner revised the number of big… Read more...
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Written by Scott Koegler

What Happens to Big Data Projects
Big data is fast gaining momentum, and so are the big data projects. Companies are… Read more...

Written by Scott Koegler

Big Data as a Service is Gaining Value
According to reports, the global big data as a service (BDaaS) industry is expected to… Read more...
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Big Data is making a Difference in Hospitals
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Big Data, AI and IoT: How are they related?
Ever since the invention of computers many developments have shaped… Read more...

Written by Scott Koegler

What Is Big Data Analytics And Why Do Companies Use It?
The concept of big data has been around for a… Read more...
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Big Data, AI and IoT: How are they related?

What Is Big Data Analytics And Why Do Companies Use It?
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Making Best Use of Big Data

Monday, Jun 27 2022

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Written by News

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Tolga Ulkan

Making Best Use of Big Data

Tolga Ulkan

A new report shows that companies use only 5% of the big data they collect, reports Forbes.

In recent years, data generation has increased exponentially with no signs of slowing. In 2020, we generated an estimated 2.5 quintillion bytes of new data daily, and it has been estimated that 90% of the data in existence was created in just two years.

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