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Infoxication: Why Big Data is the solution

mjvinnovation

Here, let’s reflect on Infoxication at the business level, which has to do with the concept of Big Data, as we will see throughout this article. Find out how your business can take advantage of this phenomenon and how to deal with Big Data in a profitable way and more! As you saw, the problem is a given.

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Social Networks and Big Data: the best strategy for getting to know your customers

mjvinnovation

This is because the volume of daily data produced in these virtual environments is a real gold mine for companies prepared to prospect for it. We will reflect more on this thought in this article. Keep reading to understand how you can benefit from the combination of Social Networks + Big Data. ” – Gartner.

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How Does your Business Stand to Benefit from Big Data?

InnovationManagement

Big data is becoming increasingly vital to business scaling and competition. In this article, we’ll introduce you to the three V’s of big data - volume, velocity, and variety - and discuss the many ways your company can benefit from incorporating big data into decision making, product development, audience analysis, and much more.

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Big Data in Formula 1 Racing: Don't Overwhelm Humans

Michael Roberto

Fortune has a fascinating article about how Formula 1 teams are using the internet of things and data analytics to win auto races. In other words, they have to boil all that data down to a few key items about which they want to make the driver aware. That description sounds quite similar to how a great football coach operates.

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Data Science: what it is and how to start using it

mjvinnovation

The purpose of this article is to demystify Data Science. To understand in detail why we should utilize this science into our businesses and how to start doing so: Why invest in Data Science. When applied and used correctly, data analysis can play a key role in achieving profitability and productivity.

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Innovation Failure: Ignorance or Arrogance?

Jeffrey Phillips

In my Twitter stream yesterday I found this nice article by Michael Schrage entitled Embrace your ignorance. Schrage goes on to extol the values of experimentation and "big data" as methods to discover what customers really want, but here he loses me a bit. As Einstein noted, not everything that counts can be counted.

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How investing in Data Visualization reduces uncertainties.

mjvinnovation

Let’s start with a strong statement: Data is inevitable. We woke up, and suddenly everything was generating data, and the race for advanced analysis had started well before that. This article will talk about how you can extract the maximum amount of value out of your data. What is a data-driven company?

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