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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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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. The Value Added By Big Data and AI.

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The Importance and Benefits of Ensuring Data Quality

Acuvate

In 2017, The Economist reported that data is the oil of the digital era and has dethroned oil as the most valuable resource in the world. But unlike oil, extracting, maneuvering, filtering, refining and storing the continuous stream of data from various internal and external sources is a herculean task. Improves Customer experience.

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6 Remarkable Applications of AI in the Oil & Gas Industry

Acuvate

Artificial intelligence has opened up a whole new spectrum of possibilities in the oil and gas value chain, enabling proactive and predictive asset management, boosting data-driven decision-making, building a connected employee base, and ensuring the health and safety of the workforce. Driving workplace safety.

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Five Data Security Trends to Implement in Your Company

mjvinnovation

That’s why data security is so important, as it safeguards the information chain flowing through computers. In an increasingly competitive world, protecting corporate data is critical. Follow along to learn why data security is so important as well as the main trends within the field! What is data security?

Data 52
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IoT for Logistics: Leveraging Data-driven decisions for Predictive and preventive Fleet Maintenance, Optimizing life cycle, and Ensuring Workforce Safety

Acuvate

with last-mile connectivity and offering continuous and real-time data on static and moving assets and infrastructure. In the age of data and AI, industry players are looking to maximize operational efficiency and enhance customer experience with game-changing IoT logistics and fleet management solutions. million by 2030. .

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