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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 Big Data Will Influence the Insurance Industry

InnovationManagement

Although the advent of Big Data stands to benefit several industries, the insurance sector has a clear advantage in terms of leveraging technology to benefit not only its bottom line but also its customers.

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What I'ved learned so far about digital transformation and innovation

Jeffrey Phillips

It seems every day there are new reports on digital transformation and innovation. My good friend and collaborator Paul Hobcraft is constantly reviewing new reports and creating insights of his own, which inundate me with more information. Most new technologies are first deployed to reduce costs or improve efficiencies.

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Unlocking Innovation with Data, Creativity, and Automation

Tullio Siragusa

No matter what your path is, it’s important to stay up to date on the latest trends and technologies to stay ahead of the competition. In this podcast recap blog post, we will discuss how innovation derived from creativity, data, and automation can lead to success. Recently caught up with Alex on the Tech Backstage Podcast.

Data 118
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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.

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Smart Factory 101 A Data, AI, Cloud and Workforce Revolution in the Making

Acuvate

But before that, let’s understand where the manufacturing world is with Smart Factory today and where this technological intervention is headed. In addition, the increased efficiency of these technologies has made it possible to keep up with rising consumer demands and shorten production timelines.

Data 52
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Smart Factory 101 A Data, AI, Cloud and Workforce Revolution in the Making

Acuvate

But before that, let’s understand where the manufacturing world is with Smart Factory today and where this technological intervention is headed. In addition, the increased efficiency of these technologies has made it possible to keep up with rising consumer demands and shorten production timelines.

Data 52