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Big Data

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Let’s Get Our Facts Straight About Big Data Privacy

January 28, 2015 by Tamara Dull

The Big Data MOPS Series. 

In this big data world in which we live, we are being forced to address privacy issues - whether we want to or not – as consumers, citizens, and employees in the private and public sectors. Let’s get our facts straight about big data privacy and help others do the same.[read more]

Business Analytics Error: Learn from Uber’s Mistake During the Sydney Terror Attack

January 24, 2015 by RK Paleru

Uber.

Recently, as a sad day of terror ended in Sydney, a bad case of Uber’s analytical approach to pricing came to light - an “algorithm based price surge.” Uber’s algorithm driven price surge started overcharging people fleeing the Central Business District (CBD) of Sydney following the terror attack.[read more]

Free Data Sources to Upgrade Your Business Decision-Making

January 19, 2015 by Eran Levy

Data.

We know by now that data is essential to the modern business. Everyone collects it, and most have some sort of analysis plan or software in place. But what a lot of companies still haven’t gotten the hang of is using outside data sources to boost their strategic decision-making. This requires a BI software that can combine your internal data with third-party sources, to analyze it and gain new insights.[read more]

Aligning Big Data

January 18, 2015 by Martyn Jones

Aligning big data.

This is an overview of the realignment and placement of Big Data into a more generalized architectural framework, an architecture that integrates data warehousing (DW 2.0), business intelligence and statistical analysis.[read more]

Interview with Jonathon Karelse, Co-Founder of NorthFind Partners

January 17, 2015 by Michael Gilliland

Jonathon Karelse.

In December the Institute of Business Forecasting published the first of a new blog series on Forecast Value Added. Each month I will be interviewing an industry forecasting practitioner (or consultant/vendor) about their use of FVA analysis. The December interview featured Jonathon Karelse, co-founder of NorthFind Partners.[read more]

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3 Data Management Tips for Winning the Rest of ACA Open Enrollment

January 16, 2015 by Jeff Brown

With open enrollment well underway, here are a few tips to make sure your data stays accurate, regardless what might be happening in the marketplaces. Some states have experienced glitches, which makes data collection and processing all the more complicated for insurers that want to make sure they have every bit of required information about their new customers.[read more]

2015: The Year of IoT Pioneers, Analytics and Data Privacy

January 16, 2015 by Puneet Pandit

2015.

This past year welcomed widespread Internet of Things (IoT) adoption and hype, big data implementation, and growing concerns around data privacy and cloud deployment. As 2014 draws to a close, we look ahead with much anticipation for what promises to be a signature year for machine learning, predictive analytics, new IoT pioneers and a full overhaul in the distribution of the IoT.[read more]

VC Investment Analytics on 20 Years of Investment Data

January 15, 2015 by Nilesh Jethwa

VC investment analytics.

In this article, we will perform straight analytics on a huge dataset available from https://www.pwcmoneytree.com/. PWC Money Tree provides a data dump of all the venture capital investments from 1995 onwards. Having data that goes that far back should give us what we need to extract interesting and helpful findings.[read more]

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How Your Small Business Should be Taking Advantage of Big Data

January 14, 2015 by Philip Cohen

Big data and small business.

Big data has been a term widely related to big business. However, more small businesses are taking advantage of the insights that it can offer. If you own a small business and you're not sure how you should take advantage of big data, keep reading for more helpful tips.[read more]

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The 12+ Unmissable Big Data Stories of the Past Year

January 13, 2015 by Bernard Marr

The Big Data Guru column.

While 2013 brought an explosion of awareness around big data, 2014 showed the market for big data services beginning to mature. We also saw how “datafication” is starting to impact the lives of more and more people around the world.[read more]

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Optimizing Health Care With Big Data

January 10, 2015 by Anand Srinivasan

Healthcare and big data.

For big data enthusiasts, healthcare is a goldmine for disruption. Right from the patient demographic data to their medical reports, the recommended treatment, their retention rates and treatment success rates – the information gathered from all this could help unravel a number of patterns and interpretations that could potentially startle you.[read more]

3 Practical Tips for Effective BI Dashboard Design and Implementation

January 8, 2015 by Keyan Keihani

BI dashboard.

This article takes an extremely holistic and practical look at successful dashboard design and implementation. These three simple tips not only compare the benefits of certain visual formats over others, but they also look at the business context behind these considerations.[read more]

7 Interesting Big Data and Analytics Trends for 2015

January 7, 2015 by Timo Elliott
1

Trends for 2015.

In their recent book, the Second Machine Age, authors Erik Brynjolfsson and Andrew McAfee argue that we are now in the “second half of the chessboard” when it comes to computer technology. The exponential trend means the increases in data processing power this year will be the equivalent of decades of progress in the past.[read more]

No, You Don't Need a Data Scientist Army to Understand Consumers

January 6, 2015 by Mark Harrington

Data scientist army.

Today's advances in consumer management technology are facilitating a paradigm shift for brands to achieve authentic understanding and generate genuine loyalty from their best customers. For brands that are embracing this technology, loyalty has shifted from a reactive, “wait and see” approach to a proactive, “design and drive” initiative, free of data-head squads.[read more]

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The World’s Largest, Fastest, Most Agile Supply Chain

December 31, 2014 by Keith Peterson

Supply chain.

There is one shipping firm in the world, maybe the galaxy, that is counted on more than FedEx, UPS, and DHL combined. In fact, this organization has an even more complex supply chain. It takes its own orders, makes its own goods, and ships them all in one night.[read more]