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Five reasons why few companies are data driven

Jeffrey Phillips

After all, businesses have had robust IT systems and teams for years. The advent of ERP in the 1990s and beyond created sweeping systems that automated many sectors of the business. Even smaller companies that did not need the larger ERP systems like SAP could find solutions in Salesforce, Workday, Netsuite and others.

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Understanding the 5Vs of Big Data

Acuvate

In order to understand at what point ‘data’ transitions into being ‘big data’, and what its key elements are, it is imperative that we study the 5 Vs associated with it: Velocity, Volume, Value, Variety, and Veracity. What is Big Data. Big data volume defines the ‘amount’ of data that is produced.

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How a Big Data Strategy Can Fight Insurance Fraud

mjvinnovation

At the same time, insurers have also understood that they need a Big Data strategy for various purposes. Continue reading and understand how Big Data can help insurers avoid headaches and financial damage! What is Big Data. ” Real Time Big Data. ” Real Time Big Data.

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How Big Data And AI Are Aiding The Fight Against Pandemics

Acuvate

Be it big data, predictive analytics tools or even AI powered service robots, technology plays a huge role in tracking the pandemic, assessing its spread, and working towards its containment. Using Big Data to Track the Spread of the Virus. Predicting disease spread with big data analytics.

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Monetizing Big Data in Next-Generation Mobility

Corporate Innovation

In my book and previous posts I build a broad case for the importance of big data and AI in next-generation mobility , and provide several examples of data that is being collected, or can be collected, in a variety of transportation and logistics situations. Cars used for ride-hailing.

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The Automotive Industry’s Big Data Challenge (Part 1)

Corporate Innovation

In this two-part series, we will discuss the big data challenge facing the automotive industry. The pieces are the result of my work in the industry helping corporations with their innovation and big data strategies. There is much less conversation about the fifth dimension. Automakers must change their perspective.

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The Automotive Industry’s Big Data Challenge (Part 1)

Corporate Innovation

In this two-part series, we will discuss the big data challenge facing the automotive industry. The pieces are the result of my work in the industry helping corporations with their innovation and big data strategies. There is much less conversation about the fifth dimension. Automakers must change their perspective.