Tag Archives: Predictive Analytics
The power of predictive analytics
The power of predictive analytics A recent report by Gartner states that organisations that use predictive business performance metrics will increase their profitability by 20 percent by 2017. The research house maintains organisations should use predictive metrics to alert workers that a business moment … Continue reading
Top 10 Big Data Trends in 2014
Originally posted on The Big Data Institute:
In January 2014, IDG published their latest big data enterprise survey and predictions for 2014 finding that on average, enterprises will spend $8M on big data –related initiatives in 2014. The study also…
Prediction Marketplaces: Viable solution to the data scientist shortage problem?
Prediction Marketplaces: Viable solution to the data scientist shortage problem? Approach One: Create more data scientists Approach Two: Predictive Analytics tools for non-data scientists Approach Three: Make data scientists more productive with Predictive Analytics Marketplaces
Big Data, George Orwell, and Tanks
Big Data, George Orwell, and Tanks Big Data analytics is one of the most recent tools with potentially portentous social effects to become available to humankind.
Big Data and Ford’s faster horses
Big Data and Ford’s faster horses In the late 19th century, a New York City planner put out a warning that by 1950 the city would be completely uninhabitable. The problem, as he saw it, was that at the current growth rates … Continue reading
How Analytics can Define the Future of Education Industry
How Analytics can Define the Future of Education Industry The most concerning factor for universities or educational institutions across the world is student dropout rate, especially in developed countries. Here are some facts based on a research about the student … Continue reading
Amazon: Using Big Data Analytics to Read Your Mind
Amazon: Using Big Data Analytics to Read Your Mind Amazon.com, the Seattle-based ecommerce giant, has always leveraged data. In one of their latest business moves, the company has obtained a patent to ship us goods before we have even made … Continue reading
NoSQL Vs. RDBMS for Interactive Analytics: Leveraging the Right and Left Brain of Data
NoSQL Vs. RDBMS for Interactive Analytics: Leveraging the Right and Left Brain of Data Comparing NoSQL and relational databases is lot like comparing the left and right sides of the brain. Too much focus on structural differences and attributes can overshadow the … Continue reading
Predictive Analytics is the Next Growing Sector in Big Data Market
Predictive Analytics is the Next Growing Sector in Big Data Market Where BI deals in known unknowns, big data analytics is better placed to reveal unknown unknowns.
Big Data’s Greatest Power: Predictive Analytics
Big Data’s Greatest Power: Predictive Analytics Predictive analytics is the methodology that is increasing the accuracy in what can now be achieved in the business models and forecasts using Big Data.
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