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News (486)

Virtual Reality Could Help Manage Big Data

Big data could be made more usable through virtual reality, reports AR Post. 

We live in an age of enormous data creation. The amount of global data generated per year has increased by more than 30x over the past 10 years, and it is projected to more than quadruple over the next five. The problem for humans is no longer access to data — it’s how to possibly process the immense amount of data that is now at our fingertips.

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Dataminr Looks to Expand

According to Venture Beat, Dataminr has received additional funding to increase its platform.

Dataminr, a New York-based company specializing in AI that provides real-time information to customers, today announced it has raised $475 million at a post-money valuation of $4.1 billion. 

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Russia Sets Sights on Big Data

According to Fin Tech Times, Russia’s two largest companies want to corner the market on Big Data. 

The joint venture between two of Russia’s largest companies has set high ambitions with the aim of creating a Russian market leader in Big Data.

Big Data is a phrase coined to describe data that is literally huge in size, yet growing exponentially over time. Due to its large file size and general complexity, no traditional management tools can process or handle it efficiently.

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Eliminating Bias in Big Data

There is bias in big data, but it can be eliminated, reports Tech Target. 

Bias can occur along different parts of the data pipeline. There is a lot of focus on potential bias that occurs during analytics, but bias in big data can be inserted or interpreted even earlier in the data pipeline.

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Discovering Way to Get Key Data from Big Data

Researchers discovered a way to extract principal features from big data sets, reports Texas A & M Today.

Whenever a scientific experiment is conducted, the results are turned into numbers, often producing huge datasets. In order to reduce the size of the data, computer programmers use algorithms that can find and extract the principal features that represent the most salient statistical properties.

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Big Data Firms Raises Funding

According to Venture Beat, Noogata, a big data analytics firm has raised $12 million in funding. 

Noogata, a startup developing products for designing, implementing, and deploying big data analytics models at scale, today announced that it raised $12 million. 

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Quantity isn't Always Quality in Big Data

Experts are warning data scientists not to confuse quantity with quality, reports Bloomberg. 

It seems obvious that the opinions of 2.3 million people would be more representative than the opinions of a randomly selected 400. In reality, it depends entirely on how the bigger data set was put together.  

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Big Data is Transforming Medicine

Big data can be used in several new applications in the medical field, reports Analytics Insight. 

Big data has seen its fair share of uses across a wide variety of industries. Its impact on medicine, however, is truly remarkable. 

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New Algorithm for Big Data

A new algorithm has been developed that can tackle large datasets, reports Tech Explore. 

Whenever a scientific experiment is conducted, the results are turned into numbers, often producing huge datasets. 

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Big Data Collected for Testing

Mobile collection of big data is a boon to automotive development departments, reports Automotive Testing Technology.

A mobile data handling concept developed by Germany-based specialist ViGEM should, according to the company, make 24/7 utilization of test fleets for ADAS and AD validation driving feasible.

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