CiDER is an EHS and sustainability management tool that leverages graph technologies to provide business intelligence reporting, compliance capabilities, and actionable insights. It models complex enterprise data in a graph database to reveal relationships and patterns that enable predictive analytics. This allows organizations to move beyond descriptive analytics to gain a deeper understanding of why events occurred and what may happen in the future.
Big Data: Real-life examples of Business Value Generation with ClouderaCapgemini
Capgemini has helped multiple organizations to put Big Data to work and create value for their business and their clients.
This prsentation looks at real-world cases of how organizations are using, or planning to use, big data technology. It will look at the different ways in which the technology is being used in a business context.
Examples are drawn from Retail, Telco, Financial Services, Public Sector and Consumer goods.
It will look at a range of business scenarios from simple cost reduction through to new business models looking at how the business case has been built and what value has been realized.
It will also look at some of the practical challenges and approaches taken and specifically the application of Enterprise Data Hubs in collaboration with its prime partner Cloudera.
Written by Richard Brown, Global Programme Leader, Big Data & Analytics, Capgemini
Data centric business and knowledge graph trendsAlan Morrison
The document discusses data-centric architecture and knowledge graphs. It defines key terms like data, content, and knowledge graphs. It discusses how knowledge graphs are evolving to be multi-model and can combine different data structures. The document argues that a data-centric approach is needed to reduce data and application silos and enable greater data reuse. It provides examples of how knowledge graphs can help industries like banking, pharmaceuticals, and oil and gas better manage their data assets and digital twins. The market potential for knowledge graph technologies is large but there is still low awareness of how they can help organizations.
Data-Centric Business Transformation Using Knowledge GraphsAlan Morrison
From a talk at the Data Architecture Summit in Chicago in 2018--reviews digital transformation and what deep transformation really implies at the data layer. Cross-enterprise knowledge graphs are becoming feasible and can be a key enabler of deep transformation.
A framework that discusses the various elements of Data Monetization framework that could be leveraged by organizations to improve their Information Management Journey.
- Learn to understand what knowledge graphs are for
- Understand the structure of knowledge graphs (and how it relates to taxonomies and ontologies)
- Understand how knowledge graphs can be created using manual, semi-automatic, and fully automatic methods.
- Understand knowledge graphs as a basis for data integration in companies
- Understand knowledge graphs as tools for data governance and data quality management
- Implement and further develop knowledge graphs in companies
- Query and visualize knowledge graphs (including SPARQL and SHACL crash course)
- Use knowledge graphs and machine learning to enable information retrieval, text mining and document classification with the highest precision
- Develop digital assistants and question and answer systems based on semantic knowledge graphs
- Understand how knowledge graphs can be combined with text mining and machine learning techniques
- Apply knowledge graphs in practice: Case studies and demo applications
Scaling the mirrorworld with knowledge graphsAlan Morrison
After registration at https://www.brighttalk.com/webcast/9273/364148, you can view the full recording, which begins with Scott Abel's intro for a few minutes, then my talk for 20 minutes, and then Sebastian Gabler's. First presented on October 23 at an SWC webinar.
Conclusions:
(1) The mirrorworld (a world of digital twins, which will be 25 years in the making, according to Kevin Kelly) will require semantic knowledge graphs for interaction and interoperability.
(2) This fact implies massive future demand for knowledge graph technology and other new data infrastructure innovations, comparable to the scale of oil & gas industry infrastructure development over 150 years.
(3) Conceivably, knowledge graphs could be used to address a $205 billion market demand by 2021 for graph databases, information management, digital twins, conversational AI, virtual assistants and as knowledge bases/accelerated training for deep learning, etc. but the problem is that awareness of the tech is low, and the semantics community that understands the tech is still quite small.
(4) Over the next decades, knowledge graphs promise both scalability and substantial efficiencies in enterprises. But lack of awareness of its potential and how to harness it will continue to be stumbling blocks to adoption.
Big Data: Real-life examples of Business Value Generation with ClouderaCapgemini
Capgemini has helped multiple organizations to put Big Data to work and create value for their business and their clients.
This prsentation looks at real-world cases of how organizations are using, or planning to use, big data technology. It will look at the different ways in which the technology is being used in a business context.
Examples are drawn from Retail, Telco, Financial Services, Public Sector and Consumer goods.
It will look at a range of business scenarios from simple cost reduction through to new business models looking at how the business case has been built and what value has been realized.
It will also look at some of the practical challenges and approaches taken and specifically the application of Enterprise Data Hubs in collaboration with its prime partner Cloudera.
Written by Richard Brown, Global Programme Leader, Big Data & Analytics, Capgemini
Data centric business and knowledge graph trendsAlan Morrison
The document discusses data-centric architecture and knowledge graphs. It defines key terms like data, content, and knowledge graphs. It discusses how knowledge graphs are evolving to be multi-model and can combine different data structures. The document argues that a data-centric approach is needed to reduce data and application silos and enable greater data reuse. It provides examples of how knowledge graphs can help industries like banking, pharmaceuticals, and oil and gas better manage their data assets and digital twins. The market potential for knowledge graph technologies is large but there is still low awareness of how they can help organizations.
Data-Centric Business Transformation Using Knowledge GraphsAlan Morrison
From a talk at the Data Architecture Summit in Chicago in 2018--reviews digital transformation and what deep transformation really implies at the data layer. Cross-enterprise knowledge graphs are becoming feasible and can be a key enabler of deep transformation.
A framework that discusses the various elements of Data Monetization framework that could be leveraged by organizations to improve their Information Management Journey.
- Learn to understand what knowledge graphs are for
- Understand the structure of knowledge graphs (and how it relates to taxonomies and ontologies)
- Understand how knowledge graphs can be created using manual, semi-automatic, and fully automatic methods.
- Understand knowledge graphs as a basis for data integration in companies
- Understand knowledge graphs as tools for data governance and data quality management
- Implement and further develop knowledge graphs in companies
- Query and visualize knowledge graphs (including SPARQL and SHACL crash course)
- Use knowledge graphs and machine learning to enable information retrieval, text mining and document classification with the highest precision
- Develop digital assistants and question and answer systems based on semantic knowledge graphs
- Understand how knowledge graphs can be combined with text mining and machine learning techniques
- Apply knowledge graphs in practice: Case studies and demo applications
Scaling the mirrorworld with knowledge graphsAlan Morrison
After registration at https://www.brighttalk.com/webcast/9273/364148, you can view the full recording, which begins with Scott Abel's intro for a few minutes, then my talk for 20 minutes, and then Sebastian Gabler's. First presented on October 23 at an SWC webinar.
Conclusions:
(1) The mirrorworld (a world of digital twins, which will be 25 years in the making, according to Kevin Kelly) will require semantic knowledge graphs for interaction and interoperability.
(2) This fact implies massive future demand for knowledge graph technology and other new data infrastructure innovations, comparable to the scale of oil & gas industry infrastructure development over 150 years.
(3) Conceivably, knowledge graphs could be used to address a $205 billion market demand by 2021 for graph databases, information management, digital twins, conversational AI, virtual assistants and as knowledge bases/accelerated training for deep learning, etc. but the problem is that awareness of the tech is low, and the semantics community that understands the tech is still quite small.
(4) Over the next decades, knowledge graphs promise both scalability and substantial efficiencies in enterprises. But lack of awareness of its potential and how to harness it will continue to be stumbling blocks to adoption.
Dcaf transformation & kg adoption 2022 -alan morrisonAlan Morrison
A keynote presentation on knowledge graph adoption trends and how to do digital transformation differently.
Delivered at the Enterprise Data Transformation & Knowledge Graph Adoption
A Semantic Arts DCAF Event
February 28, 2022
Deep Text Analytics - How to extract hidden information and aboutness from textSemantic Web Company
- Deep Text Analytics (DTA) is an application of Semantic AI
- DTA fuses methods and algorithms taken from language modeling, corpus linguistics, machine learning, knowledge representation and the semantic web result into Deep Text Analytics methods
- Main areas of use cases for DTA are Information retrieval, NLU, Question answering, and Recommender Systems
This document discusses strategies for effective data monetization. It outlines challenges in data monetization like the increasing volume of data and the need for AI. It presents a data monetization maturity model and describes the top 5 best practices for successful data monetization as: getting the foundation right by infusing AI/data science; focusing on people like data engineers and scientists; constructing a robust business model; and ensuring trust and ethics. The document recommends using case generation and prioritization and provides industry examples. It promotes IBM Cloud Private for Data as an integrated analytics platform to overcome challenges and realize the benefits of data monetization.
This document provides a summary of Austria's roadmap for enterprise linked data. It begins with an introduction to the PROPEL project, which conducted an exploratory study on the use of linked data in businesses from 2015-2016. Key findings include:
1) An analysis of sectors with high, medium, and lower potential for linked data adoption based on their structural characteristics and technological dynamics. High potential sectors are highly networked, data-intensive, and have embraced web technologies.
2) Interviews and a survey identified market forces driving interest in linked data, including efficiency gains, digital transformation efforts, and an increasingly data-driven global economy.
3) A review of linked data technology research trends over time
Big Data from idea to service provider from a Consulting perspective - a quic...Edzo Botjes
The document discusses Big Data and provides definitions and examples. It begins by defining Big Data and discussing why it is an important topic. Examples of the 3 V's of Big Data - volume, velocity, and variety are provided. The document also discusses how to determine if an organization is ready for Big Data and provides tips on how to start a Big Data initiative. Finally, it discusses how Big Data can be applied within existing organizational functions like CRM, R&D, marketing, and more.
Big Data refers to the large amounts of diverse data organizations now have available to them. It is defined by its volume, velocity, and variety. Volume refers to the huge amounts of data, starting at tens of terabytes. Velocity refers to the speed at which data is generated and changes. Variety means data can come from many different sources in various formats. While these 3Vs define Big Data, organizations should focus on extracting value from Big Data through improved insights and treating data as an asset. Big Data offers new opportunities to analyze real-time data and gain a deeper understanding through semantic analysis.
Seven Trends in Government Business IntelligenceTableau Software
Modern business intelligence (BI) trends in government for 2017 include:
1. Modern BI becoming the new normal as more governments adopt self-service analytics platforms.
2. The era of open data in government arriving as more data is released to the public.
3. Collaborative analytics growing from niche to essential as data becomes more accessible and cloud technology enables easier sharing.
4. Data-driven decision making exploding as people can more easily access and explore data to improve outcomes.
The boom in Xaas and the knowledge graphAlan Morrison
The document discusses the growing importance of digital twins, knowledge graphs, and data-centric approaches to managing large, diverse datasets. It notes that current methods often struggle to integrate and contextualize data at scale. Effective digital twins and AI require integrated, disambiguated data flowing to where it's needed. Knowledge graphs are presented as a way to achieve this by providing a unified semantic model that treats relationships as a first-class citizen. The document outlines the large and growing markets for knowledge graph technologies and discusses how a data-centric approach can help enterprises better leverage emerging technologies.
Big Data for Marketing: When is Big Data the right choice?Swyx
Chief Marketing Officers (CMOs) without plans for Big Data may be putting themselves and
their companies at a competitive disadvantage. Big Data is already being widely deployed to enhance marketing responsibilities, although the small number of widely-touted success stories might be masking a significant number of failed implementations. When correctly planned and implemented, however, Big Data can create significant value for CMOs and their organisations. In this paper, we focus on describing specific examples of how Big Data can support CMO responsibilities and developing frameworks for identifying Big Data opportunities.
On behalf of SBI Consulting I’ve made a webinar on September 25th about Data Monetization.
In the post covid-19 era, transformation of businesses to govern their data more as an asset will become of huge importance. Becoming more data driven and digital will only increase at an unseen pace.
The essence of this transformation and the emphasis will be on Data Monetization. Monetizing your data assets will be of vital importance if you’d want to remain competitive and survive & thrive in the new normal.
In this webinar “Data Monetization in a post-Covid era”, I cover topics such as:
What does Data Monetization entails
Why Data Monetization is important for your business
How does the post-Covid era impacts this monetization process
What do we mean with Infonomics and Data Debt
The 5 key takeaways to get started with Data Monetization
The outcome? A good understanding of Data Monetization and practical insights to get going immediately!
Who needs Big Data? What benefits can organisations realistically achieve with Big Data? What else required for success? What are the opportunities for players in this space? In this paper, Cartesian explores these questions surrounding Big Data.
www.cartesian.com
Andrew Chumney, Single View Solutions Manager, Pitney Bowes with Navneet Mathur, Senior Director of Global Solutions, Neo4j and Alex Batanov, Field Engineer, Neo4j:Europe’s General Data Protection Regulations (GDPR) will go into effect in less than a year and all companies holding data on European residents will be required to comply. Are you prepared?
Watch this webinar to understand how graph-based metadata is the best guide for organizations and IT departments to use on their path to compliance.
This document discusses data monetization and the potential ways for companies to generate revenue from data. It describes three main approaches to data monetization: 1) Improving optimized processes using data analytics, 2) Wrapping data around products and services to increase their value, and 3) Selling new information offerings using data. The document provides examples of each approach and argues that data monetization represents an advanced stage of servitization for organizations.
The document discusses predictions about the big data market and job opportunities through 2018 and beyond. It predicts that the big data technology market will be worth $46.34 billion by 2018 and grow at a compound annual rate of 23.1% through 2019. It also discusses high demand for big data skills in industries like professional services, IT, manufacturing, finance and retail. Common big data job roles include data scientist, data engineer, and business intelligence engineer.
How Insurers Can Tame Data to Drive InnovationCognizant
To thrive among entrenched rivals and compete more effectively with digital natives, insurers will need to get their data right. That will mean moving to more responsive, AI-enabled architectures that accelerate data management and deliver insights that drive business performance.
GigaOM Putting Big Data to Work by Brett SheppardBrett Sheppard
This document discusses opportunities for enterprises using big data across multiple industries. It defines big data as having large volumes, complexity, and requiring speed. Big data can help businesses improve operational efficiency, grow revenues, and create new business models. The document examines big data uses in industries like financial services, healthcare, sports, travel and media. It also discusses technologies for big data like Hadoop and visualization tools.
This document provides an overview of blockchain and initial coin offerings (ICOs). It discusses common myths about blockchain, such as the ideas that blockchain is just for Bitcoin, proof of work is the only consensus method, and that all data needs to be stored on a blockchain. The document also covers blockchain use cases, validation of blockchains, and the benefits and challenges of ICOs as a method of fundraising. It aims to demystify blockchain and provide essential information about this emerging technology.
This document discusses the value and risks of big data. It begins with defining big data as large and complex data sets that require new technologies to manage and analyze. The document then discusses how big data is used for marketing, recommendations, analytics, and other purposes. It notes both the benefits but also risks of poor data quality and limited governance of big data projects. The document also provides overviews of technologies like Hadoop, MapReduce, Pig, Hive, and NoSQL that support big data. It questions whether social data should be considered a corporate asset and discusses the complexity of understanding big data risks. Overall, the document aims to highlight both the opportunities and governance challenges presented by big data.
Learn about Addressing Storage Challenges to Support Business Analytics and Big Data Workloads and how Storage teams, IT executives, and business users will benefit by recognizing that deploying appropriate storage infrastructure to support a wide range of business analytics workloads will require constant evaluation and willingness to adjust the infrastructure as needed. For more information on IBM Storage Systems, visit http://ibm.co/LIg7gk.
Visit the official Scribd Channel of IBM India Smarter Computing at http://bit.ly/VwO86R to get access to more documents.
Dcaf transformation & kg adoption 2022 -alan morrisonAlan Morrison
A keynote presentation on knowledge graph adoption trends and how to do digital transformation differently.
Delivered at the Enterprise Data Transformation & Knowledge Graph Adoption
A Semantic Arts DCAF Event
February 28, 2022
Deep Text Analytics - How to extract hidden information and aboutness from textSemantic Web Company
- Deep Text Analytics (DTA) is an application of Semantic AI
- DTA fuses methods and algorithms taken from language modeling, corpus linguistics, machine learning, knowledge representation and the semantic web result into Deep Text Analytics methods
- Main areas of use cases for DTA are Information retrieval, NLU, Question answering, and Recommender Systems
This document discusses strategies for effective data monetization. It outlines challenges in data monetization like the increasing volume of data and the need for AI. It presents a data monetization maturity model and describes the top 5 best practices for successful data monetization as: getting the foundation right by infusing AI/data science; focusing on people like data engineers and scientists; constructing a robust business model; and ensuring trust and ethics. The document recommends using case generation and prioritization and provides industry examples. It promotes IBM Cloud Private for Data as an integrated analytics platform to overcome challenges and realize the benefits of data monetization.
This document provides a summary of Austria's roadmap for enterprise linked data. It begins with an introduction to the PROPEL project, which conducted an exploratory study on the use of linked data in businesses from 2015-2016. Key findings include:
1) An analysis of sectors with high, medium, and lower potential for linked data adoption based on their structural characteristics and technological dynamics. High potential sectors are highly networked, data-intensive, and have embraced web technologies.
2) Interviews and a survey identified market forces driving interest in linked data, including efficiency gains, digital transformation efforts, and an increasingly data-driven global economy.
3) A review of linked data technology research trends over time
Big Data from idea to service provider from a Consulting perspective - a quic...Edzo Botjes
The document discusses Big Data and provides definitions and examples. It begins by defining Big Data and discussing why it is an important topic. Examples of the 3 V's of Big Data - volume, velocity, and variety are provided. The document also discusses how to determine if an organization is ready for Big Data and provides tips on how to start a Big Data initiative. Finally, it discusses how Big Data can be applied within existing organizational functions like CRM, R&D, marketing, and more.
Big Data refers to the large amounts of diverse data organizations now have available to them. It is defined by its volume, velocity, and variety. Volume refers to the huge amounts of data, starting at tens of terabytes. Velocity refers to the speed at which data is generated and changes. Variety means data can come from many different sources in various formats. While these 3Vs define Big Data, organizations should focus on extracting value from Big Data through improved insights and treating data as an asset. Big Data offers new opportunities to analyze real-time data and gain a deeper understanding through semantic analysis.
Seven Trends in Government Business IntelligenceTableau Software
Modern business intelligence (BI) trends in government for 2017 include:
1. Modern BI becoming the new normal as more governments adopt self-service analytics platforms.
2. The era of open data in government arriving as more data is released to the public.
3. Collaborative analytics growing from niche to essential as data becomes more accessible and cloud technology enables easier sharing.
4. Data-driven decision making exploding as people can more easily access and explore data to improve outcomes.
The boom in Xaas and the knowledge graphAlan Morrison
The document discusses the growing importance of digital twins, knowledge graphs, and data-centric approaches to managing large, diverse datasets. It notes that current methods often struggle to integrate and contextualize data at scale. Effective digital twins and AI require integrated, disambiguated data flowing to where it's needed. Knowledge graphs are presented as a way to achieve this by providing a unified semantic model that treats relationships as a first-class citizen. The document outlines the large and growing markets for knowledge graph technologies and discusses how a data-centric approach can help enterprises better leverage emerging technologies.
Big Data for Marketing: When is Big Data the right choice?Swyx
Chief Marketing Officers (CMOs) without plans for Big Data may be putting themselves and
their companies at a competitive disadvantage. Big Data is already being widely deployed to enhance marketing responsibilities, although the small number of widely-touted success stories might be masking a significant number of failed implementations. When correctly planned and implemented, however, Big Data can create significant value for CMOs and their organisations. In this paper, we focus on describing specific examples of how Big Data can support CMO responsibilities and developing frameworks for identifying Big Data opportunities.
On behalf of SBI Consulting I’ve made a webinar on September 25th about Data Monetization.
In the post covid-19 era, transformation of businesses to govern their data more as an asset will become of huge importance. Becoming more data driven and digital will only increase at an unseen pace.
The essence of this transformation and the emphasis will be on Data Monetization. Monetizing your data assets will be of vital importance if you’d want to remain competitive and survive & thrive in the new normal.
In this webinar “Data Monetization in a post-Covid era”, I cover topics such as:
What does Data Monetization entails
Why Data Monetization is important for your business
How does the post-Covid era impacts this monetization process
What do we mean with Infonomics and Data Debt
The 5 key takeaways to get started with Data Monetization
The outcome? A good understanding of Data Monetization and practical insights to get going immediately!
Who needs Big Data? What benefits can organisations realistically achieve with Big Data? What else required for success? What are the opportunities for players in this space? In this paper, Cartesian explores these questions surrounding Big Data.
www.cartesian.com
Andrew Chumney, Single View Solutions Manager, Pitney Bowes with Navneet Mathur, Senior Director of Global Solutions, Neo4j and Alex Batanov, Field Engineer, Neo4j:Europe’s General Data Protection Regulations (GDPR) will go into effect in less than a year and all companies holding data on European residents will be required to comply. Are you prepared?
Watch this webinar to understand how graph-based metadata is the best guide for organizations and IT departments to use on their path to compliance.
This document discusses data monetization and the potential ways for companies to generate revenue from data. It describes three main approaches to data monetization: 1) Improving optimized processes using data analytics, 2) Wrapping data around products and services to increase their value, and 3) Selling new information offerings using data. The document provides examples of each approach and argues that data monetization represents an advanced stage of servitization for organizations.
The document discusses predictions about the big data market and job opportunities through 2018 and beyond. It predicts that the big data technology market will be worth $46.34 billion by 2018 and grow at a compound annual rate of 23.1% through 2019. It also discusses high demand for big data skills in industries like professional services, IT, manufacturing, finance and retail. Common big data job roles include data scientist, data engineer, and business intelligence engineer.
How Insurers Can Tame Data to Drive InnovationCognizant
To thrive among entrenched rivals and compete more effectively with digital natives, insurers will need to get their data right. That will mean moving to more responsive, AI-enabled architectures that accelerate data management and deliver insights that drive business performance.
GigaOM Putting Big Data to Work by Brett SheppardBrett Sheppard
This document discusses opportunities for enterprises using big data across multiple industries. It defines big data as having large volumes, complexity, and requiring speed. Big data can help businesses improve operational efficiency, grow revenues, and create new business models. The document examines big data uses in industries like financial services, healthcare, sports, travel and media. It also discusses technologies for big data like Hadoop and visualization tools.
This document provides an overview of blockchain and initial coin offerings (ICOs). It discusses common myths about blockchain, such as the ideas that blockchain is just for Bitcoin, proof of work is the only consensus method, and that all data needs to be stored on a blockchain. The document also covers blockchain use cases, validation of blockchains, and the benefits and challenges of ICOs as a method of fundraising. It aims to demystify blockchain and provide essential information about this emerging technology.
This document discusses the value and risks of big data. It begins with defining big data as large and complex data sets that require new technologies to manage and analyze. The document then discusses how big data is used for marketing, recommendations, analytics, and other purposes. It notes both the benefits but also risks of poor data quality and limited governance of big data projects. The document also provides overviews of technologies like Hadoop, MapReduce, Pig, Hive, and NoSQL that support big data. It questions whether social data should be considered a corporate asset and discusses the complexity of understanding big data risks. Overall, the document aims to highlight both the opportunities and governance challenges presented by big data.
Learn about Addressing Storage Challenges to Support Business Analytics and Big Data Workloads and how Storage teams, IT executives, and business users will benefit by recognizing that deploying appropriate storage infrastructure to support a wide range of business analytics workloads will require constant evaluation and willingness to adjust the infrastructure as needed. For more information on IBM Storage Systems, visit http://ibm.co/LIg7gk.
Visit the official Scribd Channel of IBM India Smarter Computing at http://bit.ly/VwO86R to get access to more documents.
Modernizing Insurance Data to Drive Intelligent DecisionsCognizant
To thrive during a period of unprecedented volatility, insurers will need to leverage artificial intelligence to make faster and better business decisions - and do so at scale. For many insurers, achieving what we call "intelligent decisioning" will require them to modernize their data foundation to draw actionable insights from a wide variety of both traditional and new sources, such as wearables, auto telematics, building sensors and the evolving third-party data landscape.
Maximize the Value of Your Data: Neo4j Graph Data PlatformNeo4j
In this 60-minute conversation with IDC, we will highlight the momentum and reasons why a graph data platform is a breakthrough solution for businesses in need of a flexible data model.
Please join Mohit Sagar, Group Managing Director of CIO Network, as he hosts the conversation with Dr. Christopher Lee Marshall, Associate VP at IDC, and Nik Vora, Vice President of APAC at Neo4. During this very exciting discussion, you'll discover the insights and knowledge unlocked with the graph data platform.
Deriving Business Value from Big Data using Sentiment analysisCTRM Center
‘Big Data’ are two small words that are widely used to describe the massive growth in data of all forms and that hold; the promise of delivering huge potential business impact. The question is, how?
Today, and increasingly in the future, businesses are surrounded by masses of data and raw information. Some of this data is very relevant but much of it is not. Further, most of that data is unstructured in the form of email, documents, images and different types of social media, blogs, and so on. Unstructured data is notoriously difficult to access and query, it is scattered across many different locations and formats, and it requires some form of preprocessing before it can be analyzed and used. Yet, it is this unstructured type data that is primarily exploding in quantity, representing around 80 per cent of the annual growth of data and doubling in quantity every two years.
Big Data: Opportunities, Strategy and ChallengesGregg Barrett
Big Data presents both opportunities and challenges for insurance companies. It allows for more customized products and services through improved segmentation, prediction, and risk analysis. However, it also requires developing a data-driven culture and trust in data governance to realize these benefits. Emerging techniques like predictive modeling, data clustering, sentiment analysis and web crawling can provide new insights but also raise concerns around data privacy and security with more personal customer information. Overall, insurance companies that embrace Big Data and make data-driven decisions are found to be 5% more productive and 6% more profitable.
The Value of Signal (and the Cost of Noise): The New Economics of Meaning-MakingCognizant
It’s a new era in business, in which growth will be driven by finding meaning and insights in data. Recent research demonstrates what separates winners from losers and how to rise to the top as a "meaning maker."
Blockchain - "Hype, Reality and Promise" - ISG Digital Business Summit, 2018 Alex Manders
This document summarizes a presentation on blockchain given by Alex-Paul Manders at the 2018 Digital Business Summit. The presentation covered several topics:
1. How blockchain can help break constraints of traditional ERP systems by extracting data and loading it into specialized blockchain applications.
2. Opportunities for blockchain in supply chain management, such as tracking inventory and shipments.
3. How blockchain coupled with IoT can power a connected economy by facilitating secure and efficient transactions between devices.
Big Data Means Big Business
Big data has the potential to disrupt existing businesses and help create new ones by extracting useful information from huge volumes of structured and unstructured data. To realize this promise, organizations need cheap storage, faster processing, smarter software, and access to larger and more diverse data sets. Big data can unlock new business value by enabling better-informed decisions, discovering hidden insights, and automating business processes. While the technology is available, organizations must also invest in skills, cultural change, and using information as a corporate asset to fully leverage big data.
Big-Data-The-Case-for-Customer-ExperienceAndrew Smith
This document discusses how big data has evolved from data warehousing in the 1990s to today's focus on big data to better understand customers. It argues that many organizations fail to leverage big data to improve customer experience and gain business insights. To succeed with big data, organizations must develop a clear strategy to deliver business value, such as increasing customer retention and growth. The document recommends that organizations focus big data initiatives on improving the customer experience through integrating customer data and feedback and providing frontline employees with easy access to customer information.
Now companies are in the middle of a renovation that forces them to be analytics-driven to
continue being competitive. Data analysis provides a complete insight about their business. It
also gives noteworthy advantages over their competitors. Analytics-driven insights compel
businesses to take action on service innovation, enhance client experience, detect irregularities in
process and provide extra time for product or service marketing. To work on analytics driven
activities, companies require to gather, analyse and store information from all possible sources.
Companies should bring appropriate tools and workflows in practice to analyse data rapidly and
unceasingly. They should obtain insight from data analysis result and make changes in their
business process and practice on the basis of gained result. It would help to be more agile than
their previous process and function.
The Comparison of Big Data Strategies in Corporate EnvironmentIRJET Journal
The document discusses and compares different big data strategies that corporations can use to handle large volumes of data. It analyzes traditional relational database management systems (RDBMS), MapReduce techniques, and a hybrid approach. While each strategy has benefits, the hybrid approach that combines traditional databases and MapReduce is identified as being most valuable for companies pursuing business analytics, as it allows for efficiently handling both structured and unstructured data at large scales. The document provides an overview of these strategies and their suitability based on different corporate needs and environments.
Data Analytics has become a powerful tool to drive corporates and businesses. check out this 6 Reasons to Use Data Analytics. Visit: https://www.raybiztech.com/blog/data-analytics/6-reasons-to-use-data-analytics
La base para optimizar y potenciar la toma de decisiones en cualqueir empresa es la información. Pero no la información en bruto, sino aquella de la que podemos obtener valor tras su análisis.
Big Data white paper - Benefits of a Strategic Visionpanoratio
Following the massive deployment of new mobile technologies and social media, sources of data regarding organizations’ customer and staff behaviors keep increasing. However only a few companies are able to have a real knowledge of all the corresponding data.
Big Data management provides new capabilities both in term of velocity and volume of heterogeneous data processing. Those new systems impact directly the way organizations manage operational data monitoring, and are still complex to implement.
The first benefit of Panoratio is to allow organizations to handle the strategic dimension of Big Data, to serve companies’ challenges and business priorities before to implement new optimized operational monitoring systems.
This white paper discusses how organizations can transform big data into business value by connecting various data sources, analyzing data at scale, and taking action. It outlines the challenges of dealing with exponentially growing data in today's digital world. The paper introduces Actian's solutions for enabling an "action-driven enterprise" through its DataCloud Platform for invisible integration and ParAccel Platform for unconstrained analytics. These platforms allow organizations to connect diverse data, analyze it without constraints, and automate actions based on insights gleaned from big data analytics. Use cases demonstrate how companies are leveraging Actian's technology to gain competitive advantages.
This document provides an overview and introduction to big data concepts. It defines big data as covering everything that is digitized, including both structured and unstructured data from various sources. The key aspects that define big data are time, location, amount, and data type. Big data represents an opportunity to analyze vast data sets and gain insights in real-time to improve business operations, predictive analytics, and transparency. While traditional tools are not suited for big data, new techniques and startups are addressing big data challenges and transforming how businesses use data.
The document discusses how companies can leverage data and analytics to gain competitive advantages. It notes that many companies collect large amounts of data but lack the skills and resources to extract useful insights from it. The document promotes Idiro as a company that can help organizations address common data challenges like too much data to manage, lack of analytical skills, and disparate data sources. Idiro provides tools and expertise to clean, analyze and generate business intelligence from big data to help companies better understand their business and customers.
Similar to Leverage graph technologies to discover hidden insights in your EHS & Sustainability data (20)
Evolving Lifecycles with High Resolution Site Characterization (HRSC) and 3-D...Joshua Orris
The incorporation of a 3DCSM and completion of HRSC provided a tool for enhanced, data-driven, decisions to support a change in remediation closure strategies. Currently, an approved pilot study has been obtained to shut-down the remediation systems (ISCO, P&T) and conduct a hydraulic study under non-pumping conditions. A separate micro-biological bench scale treatability study was competed that yielded positive results for an emerging innovative technology. As a result, a field pilot study has commenced with results expected in nine-twelve months. With the results of the hydraulic study, field pilot studies and an updated risk assessment leading site monitoring optimization cost lifecycle savings upwards of $15MM towards an alternatively evolved best available technology remediation closure strategy.
Optimizing Post Remediation Groundwater Performance with Enhanced Microbiolog...Joshua Orris
Results of geophysics and pneumatic injection pilot tests during 2003 – 2007 yielded significant positive results for injection delivery design and contaminant mass treatment, resulting in permanent shut-down of an existing groundwater Pump & Treat system.
Accessible source areas were subsequently removed (2011) by soil excavation and treated with the placement of Emulsified Vegetable Oil EVO and zero-valent iron ZVI to accelerate treatment of impacted groundwater in overburden and weathered fractured bedrock. Post pilot test and post remediation groundwater monitoring has included analyses of CVOCs, organic fatty acids, dissolved gases and QuantArray® -Chlor to quantify key microorganisms (e.g., Dehalococcoides, Dehalobacter, etc.) and functional genes (e.g., vinyl chloride reductase, methane monooxygenase, etc.) to assess potential for reductive dechlorination and aerobic cometabolism of CVOCs.
In 2022, the first commercial application of MetaArray™ was performed at the site. MetaArray™ utilizes statistical analysis, such as principal component analysis and multivariate analysis to provide evidence that reductive dechlorination is active or even that it is slowing. This creates actionable data allowing users to save money by making important site management decisions earlier.
The results of the MetaArray™ analysis’ support vector machine (SVM) identified groundwater monitoring wells with a 80% confidence that were characterized as either Limited for Reductive Decholorination or had a High Reductive Reduction Dechlorination potential. The results of MetaArray™ will be used to further optimize the site’s post remediation monitoring program for monitored natural attenuation.
Improving the viability of probiotics by encapsulation methods for developmen...Open Access Research Paper
The popularity of functional foods among scientists and common people has been increasing day by day. Awareness and modernization make the consumer think better regarding food and nutrition. Now a day’s individual knows very well about the relation between food consumption and disease prevalence. Humans have a diversity of microbes in the gut that together form the gut microflora. Probiotics are the health-promoting live microbial cells improve host health through gut and brain connection and fighting against harmful bacteria. Bifidobacterium and Lactobacillus are the two bacterial genera which are considered to be probiotic. These good bacteria are facing challenges of viability. There are so many factors such as sensitivity to heat, pH, acidity, osmotic effect, mechanical shear, chemical components, freezing and storage time as well which affects the viability of probiotics in the dairy food matrix as well as in the gut. Multiple efforts have been done in the past and ongoing in present for these beneficial microbial population stability until their destination in the gut. One of a useful technique known as microencapsulation makes the probiotic effective in the diversified conditions and maintain these microbe’s community to the optimum level for achieving targeted benefits. Dairy products are found to be an ideal vehicle for probiotic incorporation. It has been seen that the encapsulated microbial cells show higher viability than the free cells in different processing and storage conditions as well as against bile salts in the gut. They make the food functional when incorporated, without affecting the product sensory characteristics.
Kinetic studies on malachite green dye adsorption from aqueous solutions by A...Open Access Research Paper
Water polluted by dyestuffs compounds is a global threat to health and the environment; accordingly, we prepared a green novel sorbent chemical and Physical system from an algae, chitosan and chitosan nanoparticle and impregnated with algae with chitosan nanocomposite for the sorption of Malachite green dye from water. The algae with chitosan nanocomposite by a simple method and used as a recyclable and effective adsorbent for the removal of malachite green dye from aqueous solutions. Algae, chitosan, chitosan nanoparticle and algae with chitosan nanocomposite were characterized using different physicochemical methods. The functional groups and chemical compounds found in algae, chitosan, chitosan algae, chitosan nanoparticle, and chitosan nanoparticle with algae were identified using FTIR, SEM, and TGADTA/DTG techniques. The optimal adsorption conditions, different dosages, pH and Temperature the amount of algae with chitosan nanocomposite were determined. At optimized conditions and the batch equilibrium studies more than 99% of the dye was removed. The adsorption process data matched well kinetics showed that the reaction order for dye varied with pseudo-first order and pseudo-second order. Furthermore, the maximum adsorption capacity of the algae with chitosan nanocomposite toward malachite green dye reached as high as 15.5mg/g, respectively. Finally, multiple times reusing of algae with chitosan nanocomposite and removing dye from a real wastewater has made it a promising and attractive option for further practical applications.