Every other big company has been heard talking about big data and so on in the last year or so, is that the key to your company opening new doors of cash flow or is it just for the big guys. What really is big data and if it is possible for your company, who will do it for you. Have you started asking your managed IT asset management solutions provider these questions yet?
BIG DATA ANALYTICS – $50 BILLION DOLLAR MARKET BY 2019
Though the term ‘big data’ is relatively new, the concept is not, and even in the 1950s basic analytics were used to discover relevant trends and insights. As the computing environment has advanced, as well as access to new forms of data through sensors, monitors, IoT applications, and wearables, data analytics has taken on a more prominent role. A few years ago, analytics would have provided information for future decisions,solutions for hardware asset management but today businesses can use big data analytics to support immediate decision-making processes.TraceTM Big data analytics in its most recent form allows organizations to work quickly and with agility, promising improved products and services along with reduced costs. Read more…
Everyone seems optimistic about the predictive analysis of the data generated in a company as it grows, but how practical is it really?, well below is an infographic of the healthcare case study applying big data to it.
Infographic source : Wipro
Eric Seigel in the video below, answered some of the key questions in as comprehensive a manner as possible to help everyone use big data and underlying concepts to their favor.
The applications of big data have just started to unravel before our eyes, others have predicted that using it correctly, we could be on the verge of predicting Terror plots and being yards ahead of the culprits. Taking the issues to the cloud
Could Big Data Play a Key Role in Fighting Terrorism?
With the earth-shattering news that yet another pair of terrorist attacks hit both the United States and France in the past few days, it’s little wonder that people are looking for answers. How do we balance privacy concerns with national security? How are the greatest intelligence apparatuses in the world missing the large-scale patterns and the micro-transactions that signal a future event?…
Creating a National Database of Gun Owners is Critical…
Yes, the Second Amendment is as quintessentially American as baseball and apple pie, but tracking gun ownership in a database is not the same as disarming the populace at large. The entire point behind the more than 23 million background checks performed by the Federal Bureau of Investigations in 2016 was to better identify potential threats, before the completion of a firearm purchase.
While the FBI does perform background checks on gun purchases conducted by individuals and companies that hold a Federal Firearm License, as mandated by the Brady Violence Prevention Act (a.k.a. The Brady Law), there is currently no unified, national database of gun owners. Read more…
If it has so broad a spectrum of applicability, shouldn’t your company approach the way you handle data and squeeze as much from it as you can with big data? If you don’t have the talent in your team yet, consider IT outsourcing and see what it can do for you.