Software has done a great job automating processes and protecting quality, but big data is helping manufacturers measure their productivity over time and determine the best settings and methods for systems in their plants.
With so many varieties of data and variables to consider in building an effective predictive model, the first task should be to assess the viability of that data and confirm a particular variable's relevance before going further.
Some say it is too early in the life of big data analytics to tell what data may be meaningful to future questions, so all data should be retained.
KPMG LLP says that in the era of big data, e-discovery has become costly and challenging.
Other companies probably want to see how far Facebook can push the envelope in terms of privacy, sharing information and monetizing it, and at what point there is a return on investment, before risking their own customers to investment dollars.
What was supposed to be a three-year research collaboration effort between the Fujitsu and the Digital Enterprise Research Institute at NUI Galway, has already had what it calls a semantic web breakthrough that could unlock billions of open data sets for sharing and accelerating the process of big data.
The impact of every event that ever happened, no matter how small, reverberates through time even though the memory of it may be lost to history. But for human-generated and human-impacting events, especially geopolitical events, history may be more kind thanks to a comprehensive list of every event in human history called GDELT.
Ireland has no shortage of great writers documenting its history, but its memory runs a little short when it comes to audio and video.
Some of the technologies and practices the report suggested are already under development at various research institutions, such as consistently recommending specific actions for specific ailments based on data analyzing best outcomes.
Despite healthcare being one of the primary targets for companies with big data solutions and institutions with research dollars, and being an industry generating the most interest in applying big data, the Journal of the American Medical Association says systems that manage electronic health records and personal health records are incapable of leveraging big data.