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

by Karen Anthony on May 4, 2018

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

by BDW Editor on April 26, 2018

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

The Six Pillars of an Effective Business Process

by BDW Editor on April 26, 2018

Guest post by Finnegan Pierson. The term “business process” is too broad and may have different meanings to different people. For the purpose of this article, it shall be defined as a task or set of tasks that are designed to achieve a specific objective. Making sure that the tasks your employees work on are the ones that will produce the most impact to your business’ long-term growth and success is key to actually achieving it. Here are the six pillars to eliminating inefficiencies and bottlenecks that are slowing down your business’ growth. Define It Before you can improve it, you should be able to clearly define your business-specific processes. Mapping it provides a clearer view of how things are getting […] Continue Reading

List the areas getting benefit from Big Data analytics

by BDW Editor on April 25, 2018

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

Embedded Self-Service Enhances the Growing Culture of Analytics

by BDW Editor on March 13, 2018

Not long ago, effective data analytics were seen as a form of differentiation. Today they are table stakes, as companies become increasingly data-driven to help grow their businesses and remain competitive. As business intelligence in the enterprise shifts from the purview of data scientists and IT-led reporting into the hands of non-technical business users, agile embedded analytics are essential. Embedding analytics deep within an application that employees are already using every day not only provides a seamless user experience, but also empowers employees to share dashboards, reports, and other analytics they create across their organization, with little to no support from IT. Growth in the embedded analytics market continues to be stoked, in large part, by the rising demand for […] Continue Reading

How Big Data and GPS Will Rule in 2018  

by BDW Editor on March 9, 2018

  Today big data, machine learning and location data are playing huge roles in business, finance, politics and almost every sector. There is some concern playing itself out regarding location data and other technology features. While it is important to understand the risks involved in big data and GPS, it is vital to know what role they play in our lives and society today. While there is a long future ahead for big data and location data, we have seen it utilized already. Below are a few ways location data and big data are being used to improve business and life in 2018. Geolocation Companies have been using location data for years. For example, Mastercard uses location data to help […] Continue Reading

How Data Science Course Program Proves Beneficial for You

by BDW Editor on March 8, 2018

This is a guest post by Danish Wadhwa. The IT sector is awash with data. This means more data is available to us than we can use. Data science is the field related to the development of insights from large sets of unstructured data. Its practical significance lies in the generation and implementation of information the right way. Today, data science techniques are widely used to streamline information models of a dynamic environment that depend on real-time sensor data. When organizations get these information models, they turn them into tailored services to offer to users. Who does this job? From data fetching to organizing to delivering insights, the whole process is accomplished by a data scientist. Who are data scientists? Data […] Continue Reading

Mining Bill Gates’ Tweets Using R

by BDW Editor on February 16, 2018

This is a guest post by Preetish Panda. Twitter has always been a rich source of social data that allows us to perform analysis on wide range of topics. Considering more than 6,000 tweets are posted per second and the open API gives real-time access, twitter data mining has compelling use cases in trend analysis, brand sentiment measurement, and feedback aggregation of new products and services. In this study, we’re going to extract tweets posted by twitter handle of Bill Gates and perform exploratory analysis along with text mining using `R`. Extracting data First off all, we need to create a twitter app that would allow us to fetch required data via Twitter API. Perform the activities given below to […] Continue Reading

Big Data vs Small Data – An Analysis Of Its Latest News

by BDW Editor on February 15, 2018

Guest post by Finnegan Pierson. One of the biggest news in the world of Big Data vs. Small Data today is the plan of China to establish a sort of social credit score where the government can rank its citizens based on their behavior, social actions and decision made online. In a document called “Planning Outline for The Construction of A Social Credit System,” China can encourage people to behave and do acts that will benefit the society. It is news like this that we can see the potential and future of Big Data. Whether you’re in the stream processing business or digital content business, you should understand the dynamics behind Big Data in order to adapt to your environment. Age […] Continue Reading

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