Big Data Analytics Archives

Big Data trends in financial services As big data gradually takes over the world, a sector as crucial as financial services seems to make ‘big’ use of it as well.

October 28, 2016 by Naveen Joshi

Let’s take a look at the major big data trends in 2016, that BFSI can leverage: Risk Management, a growing concern: Cybercrimes end up costing the global economy nearly half…

Big Data

Is Big Data the Big Brother? While there are many benefits to the growth of big data analytics, traditional methods of privacy protection often fail. Many notions of privacy rely on informed consent for the disclosure and use of an individual's private data. However, big data means that data is a resource that can be used and reused, often in ways that were inconceivable at the time the data was collected. According to writer Jeffrey Van Camp, "None of these cloud storage companies guarantee the protection of any files you upload, and there are no promises that these services won't freely share your files and information with the government or other companies."

October 19, 2016 by Naveen Joshi

Hence the question arises, is big data is the new big brother? Will it have control over individual’s online data? Will it always invade our privacy? Keeping all these…

My Voice

Experimentation and Big Data Big data deals with complex specifications that are difficult to understand and compares data based on a number of factors. But, when anticipating human behavior, computers, and algorithms fail to consider several factors. These factors can range from changing weather to moods to relationships that might influence customer-purchasing patterns.

October 13, 2016 by Naveen Joshi

Thus, all analysis results from big data won’t create value. Several ventures have failed due to faulty implementation of big data. For example, a company noticed that customers who purchased…

Big Data

Big Data is reinventing our society Today, business decisions depend on high-performance analytics, provided by big data-driven technology. Big data takes into account people's behaviour rather than beliefs. Alex Pentland, a well-known data scientist, says, "Big data collects the little data crumbs you leave behind when you move around the world".

October 12, 2016 by Naveen Joshi

These ‘data crumbs’ can be what you post on Facebook, what you search on your browser, the kind of mobile apps you use and more. Looking at data crumbs has…

Big Data

How to use Big Data Big data constructively processes and analyses the large quantities of digital information and generates value for organizations

October 11, 2016 by Naveen Joshi

Traditional data management systems were not able to cope with the data explosion that came with social media. Firms like Google, Linkedin and Facebook were built around big data. In…

Big Data

Big Data is for everyone – Part 1 of 2 If you haven’t considered big data for your organisation you must think again.

September 3, 2016 by Naveen Joshi

People consider big data as a new way to do data warehousing. However, it has a number of substantial unique functionalities. Apart from providing high-performance analytics, big data-driven technology is…

Big Data Technology

Big Data: A culmination of BI and Predictive analysis Big Data has been successful in putting a new life force into business intelligence as it hands on the power of prediction to the everyday decision makers. As more and more data streams are introduced and integrated into existing business systems, the single view of the customer may finally come into focus.

August 24, 2016 by Naveen Joshi

Big Data has come into the grand picture and is turning heads everywhere. It has revolutionized the way people leverage data by using a potent combination of Business Intelligence and…

Big Data