If there is one thing that anyone can count on big data to do, it is to disrupt everything. Big data can reveal probabilities and possibilities in eerie exactness. From these revelations, savvy CEOs can turn a company fluid, that is move it from its historical identity and boundaries into a shape-shifting, money making machine. And that appears to be precisely what GE CEO Jeff Immelt is up to.
Hackathons are all the rage now, bringing together coders, designers and other data-savvy folks to find answers hidden in data, usually in one pizza-fueled weekend. When hackathons don't work, app competitions ensue. Sorry, guys and girls, but you can't hack your way to big data success.
Rosslyn Analytics feels that private companies should step up to aid Detroit with its recovery effort. To that end, Rosslyn is offering its spend analytics to the mayor for free for two years.
Telcos find themselves at a crossroads, wondering whether to take the M2M highway or the scenic route to the Internet of Things station. Their destination is the future and it's a one way trip.
Big data analytics, for all their spectacular achievements, are still in their infancy and nowhere near sophisticated enough to replace human analysts on an appreciable scale. That's a fact that Lockheed Martin, a major defense contractor, keeps dead center in its sights despite their naming their marquee product "LM Wisdom."
More than a few scientists in every discipline are running for corporate jobs in data science where they can experiment on millions of people almost at a whim.
It behooves you to keep an eye on energy use and energy availability in areas where you may be affected.
A new report by research firm TechnologyAdvice finds that the top three industries currently researching business intelligence, or BI, options--technology, advertising/media, and automotive--make up just 26 percent of the market. A majority of potential buyers reported that they have an expected user base of anywhere from 50 to less than 10 for their BI software and a budget of less than $20,000.
eBay and Redbox shared their uses and plans for predictive analytics at the Predictive Analytics World Conference in Chicago recently.
There are plenty of examples of how big data tools deliver rotten results--not due to a fault in the tool, but rather a shortcoming in the strategy, algorithm and/or data sets behind its use.