Big Data

Ethics of Data Acquisition

Ethics of Data Acquisition

Pretty much forever, people have worried about their privacy being invaded. This is probably a response to a kind of vulnerability people get when their secret lives are exposed to the world, ridicule, and identity theft, among other things. With big business being focused on collecting data, what does this mean for the future? Google, if you somehow aren’t familiar with it, is a multinational cor... »

The Impact of Big Data in Market Risk Management

The Impact of Big Data in Market Risk Management

Big data techniques and applications have provided data-intensive industries a pathway to extract latent information from the plethora of data being generated each second. Given the volume of data and computational prowess at their disposal, the financial services industry has now begun to focus on the “value-add” that big data techniques can bring in optimizing current practices, as w... »

Investigating Data Scientists, their Skills and Team Makeup

Investigating Data Scientists, their Skills and Team Makeup

A new survey of 490 data professionals from small to large companies, conducted by AnalyticsWeek in partnership with Business Over Broadway, provides a look into the field of data science. Download the free Executive Summary of the report, Optimizing your Data Science Teams. Our world of Big Data requires that businesses, to outpace their competitors, optimize the use of their data. Understanding ... »

Can Big Data Help You Plan Your Commute?

Can Big Data Help You Plan Your Commute?

Modern public transit systems are elaborate networks with dozens of stations and scores of trains serving thousands of passengers daily. Anyone who has ever stood on a platform waiting for the next train understands the frustration of delays.  But for commuters in Stockholm, Sweden, things may be looking up. Developed by Mathematician Wilhelm Landerholm of Queue AB and Stockholm commuter train ope... »

Big Data Insights in Healthcare, Part I. Great Ideas Transcend Time

Big Data Insights in Healthcare, Part I. Great Ideas Transcend Time

Early adopters of technology are afforded many benefits, but they also run the risk of encountering many consequences. Seeing opportunity where others see risk, visionaries are able to adopt and adapt new technologies to their business to gain a competitive advantage. This process isn’t anything new; it has been occurring throughout time. Abraham Lincoln, a visionary of extraordinary proportions, ... »

5 Surprising Skills Tomorrow’s Chief Analytics Officers Need to Develop

5 Surprising Skills Tomorrow’s Chief Analytics Officers Need to Develop

In 2013 McKinsey predicted a massive talent gap in the analytics and big data space. By 2018, they estimate the shortage will reach some 140,000-190,000 individuals with quantitative skill sets, and 1.5 million analytics-savvy management professionals. It’s apparent that today’s analytics experts are wise to strive for management and leadership positions, because there will probably be no shortage... »

Assess Your Data Science Expertise

Assess Your Data Science Expertise

What kind of a data scientist are you? Take the free Data Skills Scoring System Survey at http://pxl.me/awrds3 Companies rely on experts who can make sense of their data. Often referred to as data scientists, these people bring their specific skills to bear in helping extract insight from the data. These skills include such things as Hacking, Math & Statistics and Substantive Expertise. In an ... »

4 Ways Big Data Will Change Every Business

4 Ways Big Data Will Change Every Business

If you’re still saying, “Big data isn’t relevant to my company,” you’re missing the boat. I firmly believe that big data and its implications will affect every single business — from Fortune 500 enterprises to mom and pop companies— and change how we do business, inside and out. It doesn’t matter what field you operate in or the size of your business; as data collection, analysis, and interpretati... »

Google loses data as lightning strikes

Google loses data as lightning strikes

Image captionLightning struck the power grid near Google’s data centre four times in a row Google says data has been wiped from discs at one of its data centres in Belgium – after the local power grid was struck by lightning four times. Some people have permanently lost access to the files on the affected disks as a result. A number of disks damaged following the lightning strikes did,... »

Redshift Data Loading Simplified

As the Big Data scene emerges, one of the most common problems experienced by data engineers and data scientists alike involves getting data from one system to import nicely into (and export from) another. Often times, these are NoSQL systems that need to talk to Postgresql, MySQL or other setups. As the problem relates to getting semi-structured data, at volume, into the very-structured data ware... »

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