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Transforming Business Analysis With Big Data: A Decision-Maker’s Guide

Analysts Corner

Key components of Big Data analytics [own elaboration] Big Data analytics refers to advanced techniques used to analyze massive, diverse, and complex data sets. For IT business analysts, embracing these advancements is essential to staying competitive and drivingimpact. What is BigData?

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Advances in Data Analytics Are Rapidly Transforming Nursing

Smart Data Collective

A 2017 study from Harvard Medical School discusses some of the changes big data has created for nurses. Referred to as the Internet of Things (IoT) these devices communicate directly with doctors or the patient themselves to provide up-to-the-minute health updates that can be lifesaving. It’s a big deal. So, what’s out there?

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8 Ways Machine Learning Can be Used to Make Cities Smarter

Smart Data Collective

million between 1988-2017 and the resulting food insecurity has caused hundreds of thousands of deaths, if not more. A smart grid refers to a modern electricity system in which there are sensors, automation, communication, and computers to improve the efficiency, reliability, and safety of an electricity system. References. [1]

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The Evolving Role Of Big Data In Accident Cost Containment

Smart Data Collective

between 2016 and 2017. To be clear, the term “ near-misses ” refers to accidents that nearly happened. Accident data provides insight and valuable information that can be used to help improve safety in the future. The reporting of accidents is crucial in maintaining the collection of this data. increased by 5.3%

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Can AI Replace The Staff In The Judicial System?

Smart Data Collective

Furthermore, referring to that score, a judge makes a decision on the kind of rehabilitation services a certain defendant should follow. To support the opinion that AI may bring benefits to decision making, the studies from 2017 reveal the following. This evaluation number predicts the chances that a defendant will re-offend.

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Does Facebook “Libra” Illustrate The Dark Side Of Big Data?

Smart Data Collective

Tech Republic wrote about this in their 2017 post Big Data Privacy is a Bigger Issue than You Think. While most people refer to Libra as Facebook’s “cryptocurrency”, it does not fit the description. Big data has had wonderful implications for our lives. However, there is a dark side. It’s not a cryptocurrency.

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Here’s How Blockchain Can Change Bancassurance

Smart Data Collective

IBM and China Construction Bank (CCB) have successfully developed and deployed their first blockchain-enabled bancassurance platform in Hong Kong in September 2017. The issue became so concerning that the major market player, China Construction Bank, has come forward in order to offer a solution.