You might think the history of Data Mining started very recently as it is commonly considered with new technology. However data mining is a discipline with a long history. It starts with the early Data Mining methods Bayes’ Theorem (1700`s) and Regression analysis (1800`s) which were mostly identifying patterns in data. In this article, we […]
The financial services sector has been traditionally a data-rich industry. With the enormous amount of data generated by different sources, Fin-Tech Industry is now in need of Big Data technologies more than ever (who isn’t?). Big data has opened a new passage to fin-tech with cutting-edge technologies such as innovative equity platforms based on crowd […]
Mobile devices, sensors, people in social media generate and provide live content continuously. When big data from various sources in greater volumes is generated swiftly, the value in real-time data and insights are getting more important each day. Organizations now need to respond to customer requests in real time, manage assets and to inform & […]
Today we have more data than ever. Customers are generating different kinds of data every second from various interactions they make. Having big data was a cool asset for the organizations for a while however knowledge hidden behind this information and using this data for the future decisions has become the major issues. If you […]
More than 80% of all business data contain a location component (Forbes). As a result, we all understand Location Intelligence has become more essential for any business. Analyzing location wisely can provide perception that supports decision-making in every business line and any scale of business. So when it comes to using location intelligence tools, do […]
Apart from flying a car (maybe soon!), we are definitely living the era which we used to watch in the movies and cartoons. Internet of Things (IoT) is here! And it is growing so fast that we adjusted it to our lives like we have been using it forever. IoT is already making our lives […]
Everybody talks about how data is growing in databases of businesses and nearly everyone agrees that big data has taken the business world by storm. As can be seen below according to Excelacom in just 60 seconds millions of data have been created and consumed by new era consumers. OK, big data is growing day by day […]
The ever-growing usage of mobile phones and the constantly rising screen time provides marketers with more and more data for decision making. Location is one of the key pillars on which marketers build their digital marketing and offline campaigns. Plotted on the map this data is often referred to as Spatial or Geospatial Data. Spatial data can be […]
We are already similar to the three V’s of big data: volume, velocity and variety. And yet, the cost and effort invested in dealing with poor data quality makes us consider the fourth aspect of Big Data – veracity. In the era of Big Data, with the huge volume of generated data, the fast velocity of incoming data, and […]