Data, information, and insights are not synonymous. How exactly do they differ? We can appreciate the difference better if we use an example from art. The brush strokes and colors used by Leonardo da Vinci to paint the Mona Lisa are data. The image of a woman that’s visible to us is information. The understanding…
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Big Data vs. Traditional Data: What’s the Difference?
What makes big data ‘big’ and how does it differ from our traditional understanding of data? The difference is not really in size. In other words, there is no clear demarcation — you can’t say that data which is larger than “x” size becomes big data. Although we have been storing and processing data for…
Big Data is Better Data…Right?
Is big data always better data? In other words, is it always helpful to have more data? Not necessarily — and here’s why. From the time we first got excited about big data, we were told that the magic lies in the ability to find meaningful insights from large data sets, or data so voluminous…
4 Big Data Challenges For Businesses
In recent years, a large number of enterprises planned and implemented projects based on big data analytics with the aim of gaining insights that would further their business objectives. Unfortunately, not all those initiatives succeeded in delivering tangible business value. It’s not surprising that a 2019 survey by NewVantage found that 77% of businesses reported…
7 Emerging Big Data Trends
In an article published in 2005 entitled, “What is Web 2.0?”, Tim O’Reilly first used the term “Big Data” to refer to a large set of data that is almost impossible to manage and process using traditional business intelligence tools. The use of that term peaked between 2013 and 2015, and even found a place…
What is Big Data Technology and Why it Matters for Your Business
It’s not uncommon to hear that big data technology has brought revolutionary changes to the IT industry. But, what exactly defines information as “big data”? While big data is primarily defined by its large volume, there are a few other aspects that qualify information to be defined as “big data.” When we say “big data”…
6 Big Data Software Requirements
What is big data analytics? Big data analytics helps users collect and analyze large-sized data sets that have a varied mix of content. This analysis delivers insights into the content through the exploration of data patterns. This data set can include of variety of subjects, from buying preferences of customers to trends setting the markets.…
The Unseen Warrior: How Data Analytics, Machine Learning, and Artificial Intelligence are Working to Identify and Fight the Coronavirus Pandemic
As humanity grapples with the global crisis of the coronavirus pandemic, urgent action is needed on multiple fronts. Equipping healthcare facilities, educating the public, implementing measures to prevent the spread, developing drugs, and allocating funds and other resources are some of the priorities for governments and other organizations. In order to make the right decision…
Interactive Data Visualization Examples
Data visualization is the representation of data in visual formats that incorporate charts, graphs and a variety of other illustrations. With the help of images, data visualization highlights relationships within the data and is a powerful tool for making complex and large amounts of data easy to comprehend. Interactivity is a feature of modern data…