Big Data - let your data grow
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Big Data - let your data grow
Big Data, Business Intelligence
Curated by Christin
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Ten Ways Big Data Is Revolutionizing Manufacturing

Ten Ways Big Data Is Revolutionizing Manufacturing | Big Data - let your data grow | Scoop.it
McKinsey & Company recently published How Big Data Can Improve Manufacturing which provides insightful analysis of how big data and advanced analytics can streamline biopharmaceutical, chemical and discrete manufacturing. The article highlights how manufacturers in process-based industries are using advanced analytics to increase yields and reduce costs. Manufacturers have an abundance [...]
Tomáš Kuzár's insight:

Several ideas how to use data in manufacturing industry.

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Size doesn't matter: can SMEs conquer Big Data?

Size doesn't matter: can SMEs conquer Big Data? | Big Data - let your data grow | Scoop.it
Big Data involves collecting a large volume of information. As SMEs don't have access to the same amount of data as larger corporations, does it mean SMEs can't make use of Big Data? Here is a case study with Ovolo Hotels.
Tomáš Kuzár's insight:

We do not need Big Data. We need relevant data. 

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When Big Data and Small Data Work Together

When Big Data and Small Data Work Together | Big Data - let your data grow | Scoop.it

Ultimately, success via insight depends not on the size of the data set, but on the effectiveness of the analytics used to generate results.


Via Luca Naso
Tomáš Kuzár's insight:

Big Data is not only about big amount of data, but is also about smaller about of data, which cannot be processes with traditional tools.

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Luca Naso's curator insight, March 4, 2014 4:48 AM

Insights come from Big Brains, not Big Data.


Big Data doesn't necessarily have to be terabytes or petabytes in size to be considered “Big.” Any amount of data that a marketer can't easily convert into actionable insights with internal data management resources can be considered “Big Data”, at least as far as the owner of the data is concerned.


Therefore, when it comes to developing insights, I would say that the size of the data is fairly irrelevant. Ultimately, success via insight depends not on the size of the data set, but on the effectiveness of the analytics used to generate results. 

 

Here are 4 key components for developing actionable insight:

1. Develop a data-centric approach to marketing;

2. Create an appropriate data management infrastructure;

3. Collect relevant data;

4. Use effective analysis tools.

Rodrigo Nogueira de Carvalho's curator insight, March 31, 2014 8:38 AM

Como pequenas e medias empresas podem começar a melhorar suas análises de informação com poucos dados. 

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Finding a Place for Market Research in a Big Data, Tech-enabled World

Finding a Place for Market Research in a Big Data, Tech-enabled World | Big Data - let your data grow | Scoop.it
Thanks to social media and other technology, a wealth of consumer opinions is at a company's fingertips these days. But Wharton experts say traditional market research still has a vital role to play in product development.
Tomáš Kuzár's insight:

Some tech people predicts end of traditional market research methods. But in reality is seems then only combination of market research and Big Data technologies will help to understand customers better. Both approaches different a lot: market research focuses more on WHY and Big Data explains WHAT. In many cases, people SAY something different as they really DO. With Market research and Big Data cross-validations are possible.

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The CIO of 2020: not only Big Data

What will the role of the CIO look like in 2020? Paul Muller, VP of strategic marketing at HP Software, explains how Big Data, Security and IT Management will shape the way Chief Information Officers make decisions in the future.


Via Luca Naso, Heather James
Tomáš Kuzár's insight:

Nice presentation what CIO will need to handle in 2020. Interesting overview not only for CIOs. What is the IT future? At least data, globalization, large scale analysis ...

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Luca Naso's curator insight, December 4, 2013 5:27 AM

A wonderful presentation which covers many important aspects.

1. Customers (age, language, location, connection)

2. apps, services, management, delivery
3. Silos, marketing, sales, finance
4. Big Data: important information is hard to find, data need to be protected
5. Automation
6. Staff and skills

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When to Hadoop, and When Not To - Datanami

When to Hadoop, and When Not To - Datanami | Big Data - let your data grow | Scoop.it
There’s an abundance of interest in Hadoop, and for good reason--the open source framework has changed how we approach processing and storing very large, diverse, and fast-moving data sets, i.e.
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Google Buys Nest for $3.2 Billion in Cash

Google Buys Nest for $3.2 Billion in Cash | Big Data - let your data grow | Scoop.it
Google has entered into an agreement to acquire Nest, the business behind the smart thermostat and smoke detector, for $3.2 billion in cash. “They’re already delivering amazing ...
Tomáš Kuzár's insight:

Important acquisition, Google shows new direction of the data world. 

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Facebook open sources its SQL-on-Hadoop engine, and the web rejoices

Facebook open sources its SQL-on-Hadoop engine, and the web rejoices | Big Data - let your data grow | Scoop.it
Facebook has open sourced Presto, a SQL engine it says is on average 10 times faster than Hive for running queries across large data sets stored in Hadoop and elsewhere.
Tomáš Kuzár's insight:

"It will be interesting to watch how, if at all, Presto affects adoption of Cloudera’s ImpalaHortonworks’ Stinger project, Pivotal’s HAWQ or any other of the myriad SQL-on-Hadoop engines currently making fighting for mindshare."

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To Repost or Not to Repost?

To Repost or Not to Repost? | Big Data - let your data grow | Scoop.it

Businesses are always searching for ways to acquire more customers and hence marketing departments work hard on increasing website traffic as it is one way of attracting potential leads. It is not only important for a business to have a well designed website, but the content produced needs to be valuable, as well as available to the target audience.


Tomáš Kuzár's insight:

Web service with simple idea: spreading content using widgets. You do not need to steal the contact any more. 

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CoolaData raises $7.4M for Google-Cloud-based analytic platform

CoolaData raises $7.4M for Google-Cloud-based analytic platform | Big Data - let your data grow | Scoop.it

Cooladata has raised a $7.4 million series A round from Greylock IL and Carmel Ventures. The company has developed an interesting behavioral analytics service that’s powered by Google’s various cloud services.

Tomáš Kuzár's insight:

Nice screens, Google based. At least interesting ..

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My book 'Big Data' represents benefits & possibilities in the future: Viktor Mayer-Schönberger

My book 'Big Data' represents benefits & possibilities in the future: Viktor Mayer-Schönberger | Big Data - let your data grow | Scoop.it

The volume of data being generated each day is increasing at a rapid pace, with each of us contributing to it. Sample this: Google alone processes more than 24 petabytes (1 petabyte =1015 bytes) of data each day, a thousand times more than all of the printed materials currently housed in the US Library of Congress.

Christin's insight:

Data is future and not surprisingly, there are concerns over the impact this kind of data collection and usage would have on privacy.

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Hortonworks has big plans to make Storm work for the enterprise

Hortonworks has big plans to make Storm work for the enterprise | Big Data - let your data grow | Scoop.it

Hortonworks is working to integrate the Storm stream-processing engine with its Hadoop distro, and hopes to have it ready for enterprise apps within a year’s time. It’s the latest non-batch functionality for Hadoop thanks to YARN, which lets Hadoop run all sorts of processing frameworks.

Christin's insight:

Once it decided to invest in Storm, though the question was how to actually do it. “The challenge is how you make [it] enterprise-consumable and appropriate for the mainstream,” McJannet said.

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Will Industrial Internet create more jobs? GE thinks yes.

Will Industrial Internet create more jobs? GE thinks yes. | Big Data - let your data grow | Scoop.it
The emergence of Industrial Internet is not only going to make older industries more efficient, by making them data-smart, but in addition this will lead to more opportunities and create new jobs, GE economists argue in a new report, The...
Christin's insight:

Internet of Things or Industial Internet will bring new types of job opportunities such as a new class of digital-mechanical engineers along with data scientists, user interface experts, and business operations data analysts. 

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5 reasons why all manufacturing companies need to use big data

5 reasons why all manufacturing companies need to use big data | Big Data - let your data grow | Scoop.it
Manufacturing Global takes a look at why manufacturers big and small need to use big data technology.
Tomáš Kuzár's insight:

There are many good reasons why manufacturing companies should analyse their data.

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Modern Advertising Architectures Built with Hadoop - Hortonworks

Modern Advertising Architectures Built with Hadoop - Hortonworks | Big Data - let your data grow | Scoop.it
How can advertisers use new data to shape and promote a brand or product with Hadoop and Hortonworks Data Platform (Modern Advertising Architectures Built with Hadoop http://t.co/4AM97nmqDi)...

Via Charles Gerth
Tomáš Kuzár's insight:

Deep dive on Big Data and Hadoop - learning by example.

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Pope Picking in the Big Data Age

Pope Picking in the Big Data Age | Big Data - let your data grow | Scoop.it

Picking a pope may be one of the last vestiges of the pre-Internet age, with black smoke and white smoke being the world-side signal of success or failure in the vote. Granted, this is a tradition dating far back in history, but is also a sign of what puts the Catholic Church in a tough spot these days.

Tomáš Kuzár's insight:

The Catholic Church does not analyse its data - it has a Big Data,  social media and marketing problem.

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The world largest coffee shop, Starbucks, grinds a lot of data

The world largest coffee shop, Starbucks, grinds a lot of data | Big Data - let your data grow | Scoop.it
Four billion cups of coffee sold annually across 21.000 stores in 62 countries generate a lot of data. What does Starbucks do with that data?
Tomáš Kuzár's insight:

Starbucks focuses on data as well. They they 6 million registered customers, 21000 stores, almost 4 billion cups sold annually. Enough data for deep dive.

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Big Data in Retail: Examples in Action

Big Data in Retail: Examples in Action | Big Data - let your data grow | Scoop.it
Savvy retailers use big data analytics from web browsing, social media, industry forecasts, existing customer records to predict trends, prepare for demand, pinpoint customers, optimize pricing and promotions.
Tomáš Kuzár's insight:

Nice presentation with several use-cases how big data can be used in retail segment. Presentation tells a story how to increase sales in shop with games 

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A new wind investment in Texas by Google

A new wind investment in Texas by Google | Big Data - let your data grow | Scoop.it

It sure is windy in Texas. So windy, in fact, that we’ve made another wind energy investment there. In late December we finalized an agreement to invest $75 million in the Panhandle 2 wind farm in Carson County, outside of Amarillo. The 182MW facility, developed by leading wind developer Pattern Energy Group LP, has the capacity to generate enough renewable energy to power 56,000 U.S. homes. We expect the facility to be operational by the end of 2014.


Tomáš Kuzár's insight:

Google investment into Renewable Energy is interesting together with acquisition of the Nest company. We can expect that utility segment will change competely in next few years.

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Top 10 Big Data Stories Of 2013

Top 10 Big Data Stories Of 2013 | Big Data - let your data grow | Scoop.it

Big data ruled as one of the most popular tech topics of 2013, drawing reader interest along many different angles of coverage. Whether focused on careers and education, emerging platforms and technologies, or real-world use cases from healthcare to celebrity social networking, our big data coverage during the last year drew millions of page views.

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It's everywhere! The day Hadoop took over the cloud

It's everywhere! The day Hadoop took over the cloud | Big Data - let your data grow | Scoop.it
Rackspace is now doing Hadoop, Cloudera just announced a handful of partners — Hadoop is everywhere in the cloud these days. Here’s a quick breakdown of what cloud providers are offering which distributions of Hadoop as managed services.
Tomáš Kuzár's insight:

Check the list of Hadoop cloud providers and partners. 

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Founders relaunch social reader Streamy to prove a point about big data platforms

Founders relaunch social reader Streamy to prove a point about big data platforms | Big Data - let your data grow | Scoop.it
Streamy launched in 2007 and officially closed in 2010, but the social news reader application is back in a stripped-down version — not to make its founders boatloads of money on its own, but to prove the capabilities of their new Hadoop...
Tomáš Kuzár's insight:

Streaming web applications are great playgroud for any Hadoop a Big Data infrastructure. Service Streamy is one of the examples.

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SAS teams up with SAP HANA to supercharge its analytics

SAS teams up with SAP HANA to supercharge its analytics | Big Data - let your data grow | Scoop.it

The business analytics software from SAS is about to get a lot faster.

SAS will work with SAP to integrate its analytics software with SAP HANA, an in-memory computing platform, the two companies announced at SAP’s TechEd event in Las Vegas on Tuesday.

Christin's insight:

The question is this "strategic" partnership will change into reality. Currently there are plenty of in-memory projects available. It would be helpful to have few industry standards instead.

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Can Data Save Journalism?

Can Data Save Journalism? | Big Data - let your data grow | Scoop.it
Smart news organizations will move from a "tracking" mentality that simply lists what audiences are doing to focus on what any such insight could mean for both journalism and the business of journalism.

Via Pierre Levy
Christin's insight:

Value of data is increasing and it needs to be processed and used. But there needs to be a ballance readers, media houses, third-party providers and advertisers. Currently it seems that third-party providers are in better position to capitalize data then the others.

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Hurd: SAP HANA isn't 'even comparable' to Oracle's in-memory technology

Hurd: SAP HANA isn't 'even comparable' to Oracle's in-memory technology | Big Data - let your data grow | Scoop.it
While SAP has made no secret of its desire to lure customers running Oracle databases over to its own HANA in-memory platform, any doubt that Oracle would fight back has been erased.
Christin's insight:

So far I spent 1,5 day working with Hana platform and it seems fine. I need to check other platforms as well to be able to compare .. 

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