News (484)
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.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...Big Data Transforms Maritime Industry
According to Workboat, a combination of artificial intelligence and big data are improving the maritime industry.
Over the last decade, a myriad of industries and sectors have increasingly utilized data collection and artificial intelligence (AI) to help streamline many aspects of their business. The maritime industry is no different. Taking advantage of AI and big data can pave the way to improve efficiency and productivity.
Read more...Big Data and Statistics
Switzerland’s Federal Statistics Office uses big data for predictive statistics, reports Phys.Org.
A huge volume of digital data has been harvested, stored and shared in the last few years from sources such as social media, geolocation systems and aerial images from drones and satellites, giving researchers many new ways to study information and decrypt our world.
Read more...
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