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Five reasons why few companies are data driven

Jeffrey Phillips

For years now, we've heard of the importance of becoming a "data driven" organization. Being data-driven, we are told, means making decisions not based on gut instinct or what managers believe is true, but based on evidence, on hard data. So, why is it that so many companies cannot make decisions based on their data?

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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

What offers solace though is the fact that we are now in possession of powerful data analytics tools and AI technology that helps us surveil an outbreak, predict its spread and in turn minimise its impact. A modern response to epidemics involves harnessing different types of real-time data and enable evidence-based decision-making.

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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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Big Data for Accurate Predictions of Electricity Grid Flow

IdeaConnection

Big data software solutions to improve the accuracy of short-term predictions of the flow of electricity through grids.

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The Automotive Industry’s Big Data Challenge (Part 2)

Corporate Innovation

In this first part of this two-part series, I discussed why the automotive industry, particularly the incumbent OEMs, is facing a big data challenge. In this post, I present how the incumbent OEMs can address this challenge. To do so, automakers must: Think strategically and own the big data strategy.

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The Automotive Industry’s Big Data Challenge (Part 2)

Corporate Innovation

In this first part of this two-part series, I discussed why the automotive industry, particularly the incumbent OEMs, is facing a big data challenge. In this post, I present how the incumbent OEMs can address this challenge. To do so, automakers must: Think strategically and own the big data strategy.