article thumbnail

9 Biggest Big Data Mistakes Every Company Should Avoid

Acuvate

9 Biggest Big Data Mistakes Every Company Should Avoid The success from Big Data and data analytics initiatives for a lot of traditional companies has been restricted to only small parts of their business. A huge impact through big data projects is something that not many have been able to achieve.

Big Data 128
article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nick Fury: understand exploratory analysis

mjvinnovation

As we have seen, we are in the exponential curve of Big Data. Because of this, it is very important that we have methods to validate hypotheses and, more importantly, techniques so that we can see all this data clearly. It is in this context that the exploratory analysis becomes fundamental. Works as data quality control.

article thumbnail

How Big Data is Sure to Give Your Business a Competitive Edge

InnovationManagement

Just like oil became a valuable commodity in the 20th century, data is also proving to be priceless to companies and business organizations in the 21st century. Data analysis specialists have projected that by the end of 2020, business enterprises will have data amounts equivalent to 44 zettabytes, or 44 trillion gigabytes.

article thumbnail

Industry 4.0

eZassi

It’s all about embracing automation, artificial intelligence, big data, and the Internet of Things to optimize productivity, efficiency, and innovation across the supply chain. Ezassi Innovation Management Software advances project pipeline management. Industry 4.0 Industry 4.0 In conclusion, Industry 4.0

article thumbnail

Top 5 Myths About Data Analytics You Should Stop Believing

Acuvate

Data Analytics in Business. According to Stastia , the global big data market is forecasted to grow to 103 billion U.S. If you are an organization set out to embrace data analytics, here’s a list of the top 5 myths you need to be aware of. Myth 1: Only large companies with big data need data analytics.

Data 80
article thumbnail

6 Remarkable Applications of AI in the Oil & Gas Industry

Acuvate

Powerful technologies like AI, machine learning, IoT, and Big Data monitor on-field operations to identify fatal signs, such as hazardous gas levels and unauthorized personnel access. Budget and schedule overruns are common problems that plague offshore oil projects. Driving workplace safety. How can Acuvate help?