Tag

analytics

Navigating The Big Data Ups And Downs With Exploration And Discovery

Some people seem conflicted about big data at the moment. On the one hand, excitement about the benefits of big data is at an all-time high. On the other hand though, people are concerned that many big data projects don't yield a positive ROI. It would be a mistake to think that simply add a new data source to your mix would immediately reveal the secrets to the world’s longest lived mysteries. Success depends on a well thought out program of exploration and discovery

The Challenge Of Online Data

Online retail has introduced an order of magnitude change in both the number of decisions to be taken, and the complexity of data available. Furthermore, there is still no agreement on eCommerce norms and best practice for how to interpret and respond to what the data shows. The challenge can appear daunting and it is easy to either disengage or to drown in the data, but failing to get to grips with the numbers is a huge gamble. At best you miss opportunities to grow pro?ts; at worst you lose control of your online channel.

Mind The [Analytical] Gap

It’s no secret that big data offers organisations a real opportunity to gain competitive advantage, open up new revenue streams and increase efficiency. Yet, while some are charging ahead, others are falling behind.

Big Data In A Big Brave World

Bob Plumridge, Chief Technology Officer EMEA at Hitachi Data Systems, discusses how big data is transforming businesses and our lives, using examples from across the Hitachi Ltd. family and also making reference to the Mayans’ approach to data analysis. Also discussed is the notion of balancing today’s privacy requirements with tomorrow’s big data needs.

Who’s Afraid Of The Big, Bad Data?

Why are so many organisations so terrified of data and refuse to see the benefits it can bring? ‘Big data’ is now a common term, but traditionally, the treatment of the flow of information within an organisation has been comparable to that of a piece of radioactive material. Not only has it been quarantined and isolated in the IT department, but access to it has typically been limited to only one individual - the data scientist – who is deemed to be the only person qualified enough to handle it.