Jan 17, 2018 | In: Trend Alert
Just like oil became a valuable commodity in the 20th century, data is also proving to be priceless to companies and business organizations in the 21st century. Data analysis specialists have projected that by the end of 2020, business enterprises will have data amounts equivalent to 44 zettabytes, or 44 trillion gigabytes.
Nov 24, 2017 | In: Strategies
We are seeing an unprecedented increase in data breaches across organizations in both private and public sectors. The most recent cyber attack on Equifax, one of the major credit rating agencies, is equally alarming and frightening to millions of customers. Public or private data is no longer safe anymore.
Nov 15, 2017 | In: Organization & Culture
Hiring is a deeply imperfect process that probably has as many misses as hits. You’ve probably seen it in action: a new hire looks perfect on the paper and interviews well but has mediocre performance or clashes with co-workers constantly. Finding the person with the right skills is hard, but there are ways to pick more of the right candidates for a job.
Oct 19, 2017 | In: Trend Alert
Quantum computers will allow artificial intelligence, big data, and machine learning to become far more advanced. Many researchers are working on the advancement of quantum computers, and it won’t be long before their use becomes widespread.
Aug 16, 2017 | In: Trend Alert
The global technological advancement has been ongoing for many decades now. The ability to generate big data by companies concerning their clientele and customers is an opportunity that to exploit and transform into huge returns on paydays. Venturing into data analytics can form a source of income for many more people globally as big data continues to get more use.
Aug 01, 2017 | In: Trend Alert
A city without traffic jams seems like a far-fetched dream that most people would not even believe in. Many would say the same about air pollution as well since breathing in clean and fresh air in the cities is something that most have not really experienced. Well, you might be surprised, but big data could be the solution to all of these problems that modern cities face.
Jul 27, 2017 | In: Trend Alert
With video streaming becoming more and more popular, advancements have made networking much easier and simpler for technology businesses. In addition, they have also become a lot more affordable and practical to use. As tech companies begin to grow, the demand for such tools will also grow, and developers of data streaming tools know this. With that in mind, it is much easier to find many options for streaming tools.
Jul 12, 2017 | In: Trend Alert
Although the advent of Big Data stands to benefit several industries, the insurance sector has a clear advantage in terms of leveraging technology to benefit not only its bottom line but also its customers. To a great extent, the insurance industry was one of the earliest adopters of Big Data; over the last few decades, actuaries and statisticians have been reviewing large data sets and preparing analytical reports for underwriters who in turn make decisions about coverage and premium rates.
Jun 15, 2017 | In: Strategies
Big Data has had a big impact on the competitive landscape. Businesses that have embraced this explosive technology of digital media are better positioned to market faster with products and services that satisfy customers’ needs adequately. Wise management of time is very critical in staying ahead of the competition. Utilizing Big Data solutions in processing digital data is one way of enabling managers or organizations and business owners to make quick, informed decisions that streamline efficient business operations. Here is an analysis of some of the real management applications of Big Data:
May 10, 2017 | In: Trend Alert
B2B, or business to business marketing, involves selling of a company’s services or products to another company. Consumer marketing and B2B marketing are really not that different. Basically, B2B uses the same principles to market its product but the execution is a little different. B2B buyers make their purchases solely based on price and profit […]
Apr 12, 2017 | In: Trend Alert
To understand the impact of IoT on customer service you first need to know what it is. Briefly defined, IoT is a system of interrelated devices, digital machines, and objects that have unique identifiers. All these entities also have data transfer capabilities over networks without the need for human/human or human/computer interaction. In this article, we’ll explore how you can redefine and improve customer relationships through IoT.