How to Leverage Big Data in the Insurance Industry?
Big data has definitely become a buzzword during the last few years. And there is not just hype: the amount of data is growing exponentially month after month thanks to the spread of available mobile devices, cameras, microphones, Internet of Things devices, etc. It might seem that big data could be an item for leading […]
Leveraging Data Analytics as a Key Business Success Factor
Data is a key to your competitive advantage. To succeed in the current environment you need to take crucial business decisions based on a clear digital strategy build on valuable data insights. However, even data-structured businesses manage to leverage only a fraction of their assets. To extract valuable insights out of your data and make […]
What Is Data Modeling & Why Does It Matter?
Data is not something abstract, meaning surely you cannot touch it and sometimes monitor all processes it goes through, but it has great value for businesses. Overall, data is the binder to lead the company to complete knowledge and understanding of the value it can receive from data. Data is used in practically all company […]
What is Data Driven Decision Making – examples, benefits
These days businesses of all sizes deal with huge piles of data on a daily basis. They handle employees, clients, finance, accounting and other data and try not to get lost in the influx of many files and numbers. And while one companies actively use Big Data and other smart technologies to help them, others […]
Data Migration Process – All You Need to Know
Every business encounters data migration at different stages of its development. Data migration projects may arise when you are transferring from legacy systems to a newly developed one, adopting a new custom ERP system or another type of business software, moving to a more secure environment, or to a cloud service. Proper data migration process […]
Data Mining in IoT – Efficient Strategies for Data Analytics
Smart IoT connected environments generate huge amounts of raw data. To become more data-driven, it is not enough for business owners to just collect and store large amounts of data. Namely, there is a need to select and synthesize the most appropriate algorithm using data mining for IoT. You should extract the maximum value and […]
What is Data as a Service? Definition, benefits & challenges
Data is now widely seen as a necessary fuel for innovation and company growth in the short term. As The Economist magazine famously suggested in one of its old issues: “data is the new oil”. Just like a car can’t move without gasoline, a modern-day company can’t go anywhere without data. The market for data […]
Privacy-Enhancing Computation: Data Protection Technologies
The amount of data generated and processed every day is enormous.  Thanks to modern technologies, it can be structured, managed, and protected. These data protecting techs are called privacy-enhancing computation, Gartner`s 2021 tech trend. The probabilities of data privacy violations and hacker attacks grow simultaneously. About 82% of all internet users refuse to give their real […]
Data Driven Approach: Towards a Business Change
Slowly but surely, data-driven is taking over the world. The concept of data-driven decisions is increasingly common – decisions based on a large amount of data. Whatever companies are from the point of view of management culture, they somehow use data to make a decision – otherwise, the decisive one would have nothing to rely […]