Cognitive Computing: A Logical Extension of Analytics Work

Cognitive Computing: A Logical Extension of Analytics Work

Cognitive Computing is the 3rd era of computing. Cognitive systems are complex information processing ones, capable of acquiring information, putting it into action and transmitting knowledge. Cognitive science brings together perception, intelligence, calculation, reasoning, and, in the end, conscience. Cognitive systems are like a man with a machine than simple machine. And a man with …

Make a Career in Business Analytics

Make a Career in Business Analytics

“Data are just summaries of thousands of stories – tell a few of those stories and it helps make the data meaningful.” – Chip & Dan Heath, Authors of Made to Stick, Switch An avid blog reader might wonder how published surveys and insights involve collected data from “millions of subscribers/visitors/users” or “numerous happy clients.” Same …

The Big Data Effect on the Insurance Industry

The Big Data Effect on the Insurance Industry

Insurers able to leverage analytic technologies to make sense of the growing amount of internal and market data available ultimately will gain competitive advantage.   – Pricewaterhouse Coopers L.L.P Insurance is an unique industry, its entire foundation based on the concept of risk. The cheerful basic premise (as you know) is to take out policies as cover …

Kindled Hope of Boosting Healthcare through Big Data and Predictive Analysis

Kindled Hope of Boosting Healthcare through Big Data and Predictive Analysis

“As data piles up, we have ourselves a genuine gold rush. But data isn’t the gold. I repeat, data in its raw form is boring crud. The gold is what’s discovered therein.” Eric Siegel Since childhood we have been studying history and the sole reason behind it is, it teaches a lesson which helps us …

Deciding the need of a Big Data Infrastructure

Deciding the need of a Big Data Infrastructure

Handling huge data sets in applications have many challenges. By now, you probably have heard or mentioned the same statement in every data oriented team discussion. Big Data is no longer a growing trend. Last year it vanished from the list of emerging technologies in Gartner’s chart – it last featured on the chart in 2013, described as “peak of inflated expectations” (See below for the comparison). In fact, Big Data is now time-tested, accepted with a sound, secure, stable architecture. It is synced with information, generating efficient analytics by organizations, ranging from data oriented start-ups to big technology giants around the globe.

Boost your Business Expansion Plans with Big Data

Boost your Business Expansion Plans with Big Data

Meet John Edwards, the owner of a growing online business in Chicago. He is into selling local, vintage and customized wooden furniture on sculptwoodz.com. After a steady start, business really starts picking up. In fact its doing so good, John plans to diversify on a large scale. With a 500-people strong team, right from online …

Big Data & Hadoop: An Introductory Guide

Big Data & Hadoop: An Introductory Guide

“Information is the oil of the 21st century, and analytics is the combustion engine.” – Peter Sondergaard, Gartner Group. “It is a capital mistake to theorize before one has data. Insensibly, one begins to twist the facts to suit theories, instead of theories to suit facts.” – Sherlock Holmes by Arthur Conan Doyle. There are …

Relevance of Big Data in Business Enterprises

Relevance of Big Data in Business Enterprises

Data is now part of every organization, as essential as capital. What makes Big Data different from other data groups is the vastness and range of data that is available. There is not just one aspect to decipher, information usually follows a structure, from looking into past records and also procuring information from modern sources …

Python in Finance, Analytics & Artificial Intelligence

Python in Finance, Analytics & Artificial Intelligence

There are many reasons why Python has had such recent success and why it seems it will continue to do so in the future. Among the reasons are its syntax, the ecosystem of scientific and data analytics libraries available to developers using Python, its ease of integration with almost any other technology, and its status …

SMAC for Digital Business Transformation

In today’s digital world, technologies are growing rhythmically that changing the rules of the businesses. But this is a good sign, business must transform into a digital business. SMAC is a technology which offering unbelievable opportunities to result meaningful business. Business must progress quickly to grasp the changes enabled by SMAC because competitive benefits, profitable …