Big Data Week Community

Common HR Department Mistakes and How to Avoid Them

Guest post by Finnegan Pierson Every business needs to master the art of juggling for it to be successful. Every department is essential in ensuring the success of a business, but most entrepreneurs ignore the human resource department when other things are flowing smoothly. Human resource departments have several responsibilities to protect not only the company but also its employees. Businesses have faced lawsuits after making the slightest mistakes, while others have damaged their reputation and brand. Well, mistakes are inevitable, but it is essential for human resource departments to be aware of and avoid these mistakes to stay aware from lawsuits and protect their brand. An outdated or non-existing employee handbook Every business needs to be updated and communication work […] Continue Reading

5 Ways in Which Retailers Can Utilize Big Data and Digital Signage for Success

Today, most successful retailers are using big data and digital signage to improve their operational efficiency and customer experience while boosting their sales. A huge volume of data can be generated on the retail industry every second through both traditional sources and technology driven sources. Retailers and restaurant owners are using advanced analytics to gain relevant insights and even make concrete real-time decisions that are beneficial to both the customer and the business. • Detection and prevention of fraud By leveraging on the rich data environment of the retailer, exact areas of fraud exposure can be recognized. Retailers can analyze information from every day sales transaction and other activates like warehouse inventory, sales forecasts, accounts payable, employee shift records, and […] Continue Reading

Business Folk Need and Want Big Data — The Issue Is Teaching Them

On the surface level, Big Data isn’t a difficult concept to understand: the more data a business collects, the more data it can use to understand its consumer audience, to build effective products, and to predict successful marketing campaigns. Yet, almost as soon as discussions begin about how to collect Big Data, perform analyses, and develop data-driven plans, business professionals start to drift away. Big Data is incredibly important in the current era of business, but because data seems highly technical, few business-minded people want to bother acquiring that knowledge and skill. In the interest of harnessing the power of Big Data, those skilled with data need to train business professionals in the ways of data – or else replace […] Continue Reading

List the areas getting benefit from Big Data analytics

In this digital world, data is present everywhere and massive amount of data is generated everyday by every business. Every discussion, every plan, every decision is also a data within itself. To store the business related data, every organization has to buy hardware, software and using it setup a network.  Data becomes an indispensible for business. From buying a car, gym, insurance, restaurant, stores and credit card, data exists. With the help of number of ways such as internet or dealing with business, data can be made. Big data generates value from the storage and processing of very large quantities of digital information that cannot be analyzed with traditional computing techniques. Big data is the data characterized by 3 key […] Continue Reading

Tips For Understanding The Consumer Trends

With an increase in competition for consumer satisfaction, customers are now defining the trends in all sectors. Comparing today’s dynamic business environment with the business environment from a decade ago, you will see a significant difference. A decade ago, organizations used to drive business decisions while today, consumer tastes and preferences are the leading drivers of decisions and innovations. With that said, it is essential for businesses to dig deeper and invest in understanding consumer trends for them to succeed. On the other end, online businesses are on the increase. To survive in the already concentrated online industry, you must understand consumer trends. Large corporations are utilizing big data sources to get critical information. Spark streaming programs are also gaining […] Continue Reading

Big Data Creates a Big Impact on Marketing

Guest post by Finnegan Pierson. Any business venture in existence won’t remain in existence unless it can generate sufficient revenue and profits. The two old standbys of marketing and sales support the generation of money into a company’s coffers. Attracting audiences to marketing strategies requires continually changing with the times. Otherwise, a business falls behind and cannot keep up with competitors. Potential customers can simply ignore a business that employs outdated marketing strategies. Currently, big data is poised to infuse huge changes into the way businesses conduct sales and marketing endeavors. This news should be taken as a positive. Those capable of harnessing changes and trends in big data can do so to their sales and marketing advantage. Big Data Helps […] Continue Reading

Quantum Computing Will Revolutionize Artificial Intelligence

Guest post by Finnegan Pierson. Quantum computers have far more computing power than even the most powerful classical computers. Therefore, they have the ability to advance artificial intelligence and make it more intelligent. Here are some ways that artificial intelligence will change as a result of quantum computing. Artificial Intelligence Will Be Able To “Remember” More Information Quantum computers use quarks as bits (also called qubits) instead of bits made of silicon. Qubits work very differently than silicon bits. Silicon bits can only code information in ones or zeros. Qubits can be in both positions simultaneously. This increases the storage capacity of quantum computers. The storage capacity of a quantum computer doubles each time the size of the drive increases by […] Continue Reading

How To Use Big Data To Achieve A Data-Driven Enterprise

As our world is built on information, we embrace this digital era. Bulk of data pours in every day, looking for someone to examine it. Earlier data was less in amount and well- structured that made its processing fairly easy but now sheer volume of data is available that is unstructured, raw and complex to manage to get valuable insights from it. Data wrangling plays a crucial role in gaining value out of data here. Social media platforms, smart technologies, gauges, sensors, mobile devices, texts, videos are some of the examples of data sources. As behaviors, personal habits, activities, and views are responsible for data production; it is likely to contain valuable and actionable insights that can feed decisions and […] Continue Reading

Will Big Data Impact Your Business? Here’s What You Should Know

To say that by Sujain Thomas.  Big data is the most hyped phrase in the business community today is an understatement. Everywhere you look, big data seems to be the topic, from online forums, business conferences, and webinars to the database sector. So popular is the phrase that as far back as 2012, the Global Language Monitor (GLM) rated it the most confounding word of the year. As a business owner in the contemporary environment, all this hype can be overwhelming and in the confusion, you might miss out on any potential benefits emanating from this concept. To survive in the modern business environment, you need to quickly adapt to emerging trends and concepts and today, big data seems to […] Continue Reading

Show Buttons
Hide Buttons