We are already in the era of big data, and it is only getting bigger. Every day we gain faster access to a larger volume of data, which then must be analyzed in order to fully capitalize on this expanding resource. Image courtesy of infocux via Flickr But this wealth of data can be incredibly [...]
2013 saw many advancements for the application of data, from Google’s driverless cars to The Guardian’s software that automatically compiles newspaper articles. A natural first thought is that these new technologies may lead to unemployment for taxi drivers and journalists, while others may [...]
Our world is dominated by data. Ones and zeros are the lifeblood of business. To succeed in business, companies must focus on finding value in data. A 2011 McKinsey study concluded that “five new kinds of value might come from abundant data:creating transparency in organizational activities [...]
