Category Archives: Big Data

From Big Data Analytics to AI: Vodafone and Celonis Mine Data to Improve Business Processes

What if you could put your company through an MRI scanner to get a detailed picture of how well your processes work, see the bottlenecks, and understand the causes of delays, unnecessary costs, and lost productivity? Read the rest of … Continue reading

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Data is Eating the World: A New Economy

The Economist: Data are to this century what oil was to the last one: a driver of growth and change. Flows of data have created new infrastructure, new businesses, new monopolies, new politics and—crucially—new economics. Digital information is unlike any … Continue reading

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Data is Eating the World: The new face of globalization

McKinsey: The growth of trade compared with the growth of GDP in this decade has been half of that in the late 1990s and early 2000s, while global capital flows as a percentage of GDP have dropped precipitously since the … Continue reading

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Data is Eating the World: 163 Trillion Gigabytes Will Be Created in 2025

Source: Data Age 2025

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Big Data Landscape 2017: Big Data + AI = New IT Stack

Matt Turck: We’re witnessing the emergence of a new stack, where Big Data technologies are used to handle core data engineering challenges, and machine learning is used to extract value from the data (in the form of analytical insights, or … Continue reading

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Data Is Eating the World: Enterprise Edition

HT: ArchiTECHt Enterprise Innovation: With its 150-year history, over $2.4 trillion in assets, 37 million customers, and 4,000-strong presence across 70 countries, [HSBC] is an important financial institution in a heavily-regulated industry. “We have to make sure our customers feel … Continue reading

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Data Created Every 60 Seconds

Source: Bernard Marr

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Pressed Data: Best of 2016

  In Pressed Data, my Forbes.com column, I try to chronicle the evolution of digital technologies, their business impact, and the people behind the innovations, business models, and new ideas. In 2016, I covered artificial intelligence—the 60-year-old new new thing, … Continue reading

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McKinsey Updates Estimates of Big Data Potential Value

Source: McKinsey, 2011 [In 2011], we estimated the potential for big data and analytics to create value in five specific domains. Revisiting them today shows uneven progress and a great deal of that value still on the table (exhibit). The … Continue reading

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China: Increasing Investments in AI, Big Data and Digital Health

Gartner: Despite the slowdown in GDP growth to 6.9 percent in 2015, China is still making aggressive investments to drive the adoption of high technology by local enterprises and organizations, according to Gartner, Inc… The massive consumer base and the … Continue reading

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