Tag Archives: RFID

Nine Forms of Analytics Data That Matter the Most

Big Data takes a lot of forms and shapes, and flows in from all over the place – from the Internet, from devices, from machines, and even from cars. In all the data being generated are valuable nuggets of information.

The challenge is being able to find the right data needed, and being able to employ that data to solve a business challenge. What types of data are worthwhile for organizations to capture?

In his new book, Taming the Big Data Tidal Wave: Finding Opportunities in Huge Data Streams With Advanced Analytics, Bill Franks provides an wide array of examples of  the types of data that can best meet the needs of business today. Franks, chief analytics officer with Teradata, points out that his list is not exhaustive, as there is almost an unlimited number of sources that will only keep growing as users discover new ways to apply the data. (more…)

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The Rise of the Machine – The Next Golden Data Source?

Most Industry analysts agree that there will be a dramatic increase in the number and nature of ‘connected devices’ over the next 3-5 years. These are predicted to run into tens of billions and include communication-enabled consumer devices, machines that move around (vehicles), things that don’t (vending machines, street furniture) and a myriad of sensors, cameras and other intelligent devices.
And you know where there are things that are measuring stuff there will be data; enormous amounts of data; and people and systems wanting to integrate this data and analyse it. (more…)

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Automated Decision-Making Mitigates Massive Data Surge

We’re getting really good at speeding up the velocity of information, to the point where a lot of information is available to decision makers, in real time or close to real time. And we’re getting really good at creating, identifying, collecting, extracting, integrating, and reporting on data coming in from production systems, sensors, data warehouses, customers, channels, partners, and Web services.

But at the receiving end of all this blazing-fast, actionable information are human beings who need to act, and in many cases, act instantaneously. Information may be flowing at close to the speed of light, but the people and tools at the receiving end may not be ready or incapable of handling it. (more…)

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