Tag: Big Data

Big data = Big problems + Simple solutions?

Big data is a big trend in today’s corporate world. The general assumption about big data is that it “allows companies to make meaningful, strategic adjustments that minimize costs and maximize results.”(1).The headlines are full of stories about the use of big data by global businesses such as Google, TripAdvisor, Uber, eBay, Netflix, and Amazon.… Read more Big data = Big problems + Simple solutions?

Applications of Machine Learning to the Finance Industry

Background: Being highly data-driven, finance is one of the initial industries that began applying data science methods to optimize functioning. Some of these applications include, optimizing the interest rate gap between the interest charged for loans, and the interest paid for deposits to maximize long-term profitability; or using machine learning to target the marketing of… Read more Applications of Machine Learning to the Finance Industry

Can IoT save retail?

Retail environments have undergone significant change over the past two decades due to the introduction of information technologies, including the rise of online shopping. The Internet of Things has the potential to cause even greater disruption, but IoT can also provide traditional retailers with the tools to compete—and coexist—with the online retail world as “omni-channel”… Read more Can IoT save retail?

IoTA: Internet of Things [for] Aerospace

Nick Colsey (VP of Business Development @ Sony Electronics), JB Straubel (co-founder of Tesla), and John Donovan (Group President @ AT&T) discussed how the Internet of Things (IoT) applies to each of their fields. When most people think of the acronym “IoT”, they tend to think of concepts related to the topics discussed by the… Read more IoTA: Internet of Things [for] Aerospace

Data: An expensive necessity for AI and Machine Learning

AI and Machine Learning are two big buzzwords within Information Technology and StartUps.  Since 2002 more then $3.8B have been raised by AI companies [10]. Nonetheless the biggest players are established companies such as Google, Facebook etc.. This might just be temporarily as they have the “benefit” of size and economics, but some argue that… Read more Data: An expensive necessity for AI and Machine Learning

Rise of Social Analytics in the Auto Insurance Industry

Background: Increasingly, companies are starting to find value in social media data, including Twitter, Facebook, Reddit and other social data sources by employing robust filtering techniques and machine learning algorithms to uncover the signal within the noise. Then, they often correlate financial data with social media conversations to add value to their business. This is… Read more Rise of Social Analytics in the Auto Insurance Industry

Application of Open Data by the City of Los Angeles Office

Last week, the CIO of the California Department of Technology mentioned that Open Data is one of the big technology initiatives that is facilitating the democratization data to the public for various use cases. The open data website mentions that “California believes in the power of unlocking government data. We believe the California open data… Read more Application of Open Data by the City of Los Angeles Office

How is Mixed Reality (MR) changing how we see the world?

2017, so far this year we have seen an array of technologies gain steam from Artificial Intelligence (AI) to Big Data and Augmented Reality (AR), these technologies will shape the future and change the way we see the world. In this post, however, the growing trend of Mixed Reality (MR) and its effect on our… Read more How is Mixed Reality (MR) changing how we see the world?

Can California collect our personal data from Tech Giants?

I often hear friends complain about the unknown usage of the data that they sprinkle everywhere – while casting a like, pin, swipe, heart (…) – on the most addictive messaging, social or dating apps. A majority of my surroundings thinks that this information should only be theirs, while they spread it frivolously to the… Read more Can California collect our personal data from Tech Giants?

Opening our data – is it worth the risk?

Big data and its analysis is a hot topic, but it is not just reserved for the world’s leading tech companies. Big data is creeping into business all over the world, into the way cities run, and even into the way governments go about their business. The potential uses for analysis of large data sets… Read more Opening our data – is it worth the risk?