Big data

Big Data in Insurance: How Insurers can leverage Big Data Insights

Big Data in Insurance

Just like all the other industries affected by big data, insurance hasn’t been untouched either. The insurance industry is increasingly looking towards insights derived from analysis of big data. Initially, only 9% of the insurers were interested in big data projects, but that number rose up to 25% in 2014. In today’s scenario, almost 40% …

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Data Journalism: How Data Scraping Creates a New Scope for Journalists

Data Journalism: How Data Scraping Creates a New Scope for Journalists

As the internet expands and the technology advances, there is more and more every day we can do with the information that is generated each day. As big data comes into play, unusual information sources have cropped up, which upon analyzing can give insights into human behavior and consumption patterns. This has been a boost …

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Big data

6 ways Businesses can Optimize Big Data in the Supply Chain

6 ways Businesses can Optimize Big Data in the Supply Chain

There is virtually no sector in the economy that has remained unaffected with the advent of big data. Insight mining has become the core of any decision ever taken and continues to drive the market based on consumer behavior patterns and habits. Amidst such transient scenarios, retailers often wonder how they can use big data …

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Big data

How Can Big Data Analytics Enhance the Demand-Supply Cycle in Retail

How Can Big Data Analytics Enhance the Demand-Supply Cycle in Retail

There has virtually been no sector in the market today that has been left untouched by the wave of big data analytics. Every process of a business has been automated and made efficient. One such process which is an essential part of every e-commerce industry is the optimization of the Demand-Supply cycle. In 2017, a …

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Big data

How Big Data Analytics enables Merchandising Optimization in Retail Stores

How Big Data Analytics enables Merchandising Optimization in retail stores

Have you ever looked at something longingly and then decided to not buy it. And then a few hours later you get a notification that the dress you loved is now on sale and suddenly you find yourself in the app and paying for it? Well, you have been nudged! Today’s industry is seeing a …

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Big data

GDPR Compliance: What is it and How Your Must Prepare for it?

GDPR Complaince: What is it and How Your Must Prepare for it?GDPR Complaince: What is it and How Your Must Prepare for it?

The newly released update, The General Data Protection Regulation (GDPR),  is EU’s latest data protection regulation. Coming into force in May, it introduces significant new rights for those living in the EU, such as the right to request information on all data a company holds on them and for it to be deleted, as well as …

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Big data

How to Evaluate if your Business is Ready to use Big Data Insights?

How to Evaluate if your Business is Ready to use Big Data Insights?

It is easy to jump the bandwagon for every new trend that floats the market and more. But what is more important than using that trend is analyzing that if your business is ready to take on all that is being offered. When people hear the word Big data Insights, they often mistake it as huge …

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Big data

How These 4 Major Retailers are Using Big Data Analytics to Run a Profitable Business

How These 4 Major Retailers are Using Big Data Analytics to Run a Profitable Business

With the trend of big data having swarmed the market, everything is about being three steps ahead in the game. Companies like Uber, Netflix and Amazon have been pioneering in their fields by using insights collected from data analysis. They use big data for everything. Right from product development to predicting what kind of movies …

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Big data

Big Data for SMEs: How you can benefit from Big Data Analytics

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Every business, big or small, wants to move up the success ladder in their niche, overthrowing their competition. Today’s businesses face tougher competition due to increased market size and a greater number of players in every niche. Such scenarios require a business to stand out in terms of services offered or business handling methodologies.   Businesses …

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Big data

How to Assess Your Big Data Quality

How-to-assess-your-big-data-quality

Quality over quantity: A mantra we have been hearing floating around the industry for a very long time.  But when the quantity of data you receive is in such abundance, how will you determine your big data quality? Everyone knows that bad data is troublesome. It wastes time, increases costs, weakens decision making and makes making …

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