Having big data is not enough: Tips to turn it into a business advantageThe data-driven business: Using analytics to solve business problems and create opportunities When it comes to using data to drive business, organizations such as Google or Facebook are iconic. Although a lot can be said about their practices with regards to topics such as privacy, ownership, and governance, there's no denying that they have been pioneering the field both in terms of technical approach as well as culture.Read also: What to do when big data gets too big (TechRepublic) | Big data and digital transformation: How one enables the other | Toyota, Intel and Ericsson team up to collect Big Data from cars (CNET) The people that helped build the technical substrate, and the data-driven culture upon which Facebook operates, call this combination DataOps. When they started in 2007, big data was not what it is today. All four Vs that define big data -- volume, variety, velocity, and veracity -- were at lower … [Read more...] about Business analytics: The essentials of data-driven decision-making
Data integration definition
Video: Nearly a fifth of healthcare employees would sell patient data April 7 is World Health Day, and the occasion warrants a closer look at the way healthcare-related data is managed. The challenges are laid out in the World Health Organization's bulletin on policy implications of big data in the health sector: In the field of health-related big data, the public needs to be reassured that security measures are mandated and enforced. As new analytical models, data sources and stakeholders increasingly build into dynamic relationships, it may be helpful to think of health-related big data as an evolving ecosystem.There are several challenges to the future development of this data ecosystem. Even basic health data can be misused and lead to discrimination, especially of vulnerable populations. The fair distribution of any new benefits that may arise from the collection and analysis of big data may also pose hard challenges.Read also: Facebook's mea culpa tour, Cambridge Analytica and … [Read more...] about Healthcare’s $3 trillion question: Should the likes of Google and Facebook control this data?
I read David Linthicum’s post ”Data integration is the one thing the cloud makes worse” with great interest. A huge reason that I decided my next job would be for a search company was because of this very problem. (That’s why I now work for LucidWorks, which produces Solr- and Spark-based search tools.) While working with clients, I realized that with big data and the cloud a tough problem, finding things was becoming worse. I had seen the upcoming meltdown as the use of Hadoop formed yet another data silo and as a result produced few actual insights.Part of the problem is that the technology industry is trend-driven rather than problem-solving. A few years ago, it was all about client/server under the guise of distributed computing à la Enterprise JavaBeans, followed by web services and then big data. Now it is all about machine learning. Many of these steps were important, and machine learning is an important tool for solving problems.We lost indexing and … [Read more...] about In the rush to big data, we forgot about search
Historically, the race for an edge using big data was about piping in as many data feeds as humanly possible and getting access to that data as close to real-time as possible. A lot of time and investment has been spent solving API access and data latency problems.As we dig one level deeper, however, it would appear we’ve focused entirely too much attention on the accumulation and storage of the sea of big data and not nearly enough time ensuring the full accessibility of that data.According to Forrester, less than 0.5% of all data is ever analyzed and used. And yet, in a recent webinar hosted by InfoTrust, Richard Joyce, Senior Analyst at Forrester, said that “Just a 10% increase in data accessibility will result in more than $65 million additional net income for a typical Fortune 1000 company.”In other words, for all the talk about data-driven business models, we still have quite a long way to go in order to realize the true impact of big data on our bottom … [Read more...] about Your data accessibility problem is costing you $65 million
Android Messages – Google's messaging app – has just received a new update. While there haven't been any noticeable changes, what awaits us in the near future could be interesting. After an app "dissection", performed by Android Police, it was found out we might be getting some awesome new features really, really soon. Keep in mind the following information is subject to change and has not been officially announced by Google.The first new upcoming feature might be Messages' web integration. The app could become available to use on a PC through the browser, but you might have to pair up your cellphone and the computer first. To do that, you may need to visit a website on your PC, which could give you a QR code to scan with your smartphone. You'll most likely be able to use Messages as usual, but through the web interface. Google has already integrated its other messaging app, Allo, in a similar way, so we have an idea of the whole process already. Furthermore, there's a … [Read more...] about Android Messages app update hints at future web integration and more