article thumbnail

Infoxication: Why Big Data is the solution

mjvinnovation

It was the Spaniard Alfons Cornella, a technology expert and best-selling author, who gave rise to the concept there by the early 2000s. 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. As you saw, the problem is a given.

article thumbnail

Digital Twins: what it is, how it works, and the advantages of this technology

mjvinnovation

What Digital Twins Technology is and How It Works. The situation changed in the 2010s, with the development of IoT, Artificial Intelligence, Big Data, and Cloud Computing. The situation changed in the 2010s, with the development of IoT, Artificial Intelligence, Big Data, and Cloud Computing.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Banking Transformation: Insights from Lloyds and Santander UK

Planview

With the holiday season in full swing and a global recession predicted sometime in the new year, banks remain committed to investing in modernized technology through digital banking transformation efforts vs. traditional cost-cutting routes. “Retail banking customers are expecting more from their banks. The organization serves 14.4

article thumbnail

Examples of Data Science projects to help you leverage results

mjvinnovation

Regardless of industry or size, organizations that want to remain competitive in the era of Big Data need to develop and efficiently implement Data Science capabilities – or risk being left behind. Do you know what Data Science is? One way to understand data science is to visualize what a data scientist does.

Data 52
article thumbnail

The What, Why and How of Trade Promotion Forecasting

Acuvate

An effective TPF solution offers the capability to forecast the sales uplift and ROI that can be generated due to a particular trade promotion. 3) Big Data Integration. Being able to navigate, correlate and analyse vast troves of raw data in various formats should be a key feature of the tool. Download Now.

article thumbnail

Know Your Emerging Trends

IdeaScale

We’re changing our behaviors: We’re even changing our bodies: teenagers now ring the bell with their thumbs , because it is their dominant digit due to mobile phone use. Internet of Things: the interconnection via the Internet of computing devices embedded in everyday objects, enabling them to send and receive data.

Trends 140
article thumbnail

Top 5 Predictive Analytics Use Cases in the Retail Industry

Acuvate

This paves way for decision-makers to employ predictive analytics to derive the best value of all the data gathered and ensure better sales outcomes in the near future. Engineering of this data is the key to opening doors to invaluable insights about the purchase behaviour of your customer. Download Now. FREE EBOOK.