catastrophes in modern history‚ with more than 220‚000 lives lost. Nils Lofgrin‚ who had managed several construction projects in Australia and New Guinea‚ was sent by his construction firm to restore a five-star resort along the Andaman coast in southern Thailand that had been ravaged by this tsunami. Casualties at the resort included 12 staff and 37 guests. This was Nils’s first assignment in Thailand. Nils flew down and toured the site. His assessment of the damage was that it was not as
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Financial Services Data Management: Big Data Technology in Financial Services Big Data Technology in Financial Services Introduction: Big Data in Financial Services ....................................... 1 What is Driving Big Data Technology Adoption in Financial Services?3 Customer Insight ........................................................................... 3 Regulatory Environment ................................................................ 3 Explosive Data Growth ........
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Introduction: Big data is the term for a collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications. The challenges include capture‚ curation‚ storage search‚ sharing‚ transfer‚ analysis and visualization. At multiple TERABYTES in size‚ the text and images of Wikipedia are a classic example of big data. As of 2012‚ limits on the size of data sets
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Introduction Big Data is indeed a better idea. Every day‚ we create 2.5 quintillion bytes of data–so much that 90% of the data in the world today has been created in the last two years alone. This data comes from everywhere: posts to social media sites‚ digital pictures and videos posted online‚ transaction records of online purchases‚ and from cell phone GPS signals to name a few. This data is big data. “Much like the scientific principle that we can’t observe a system without changing it‚ big data can’t
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Lesser‚ Rebecca Shockley‚ Michael S. Hopkins and Nina Kruschwitz Big Data‚ Analytics and the Path From Insights to Value REPRINT NUMBER 52205 THE NEW INTELLIGENT ENTERPRISE Some of the best-performing retailers are using analytics not just for finance and operational activities‚ but to boost competitive advantage on everything from displays‚ to marketing‚ customer service and customer experience management. Big Data‚ Analytics and the Path From Insights toValue How the smartest
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era of big data Manage‚ optimize and increase availability of your IBM DB2 for Linux‚ UNIX and Windows database and applications— delivering valuable intelligence to help your business users make informed decisions‚ fast Database management solutions for the era of big data 1 Introduction Accelerate development 2 Optimize performance 3 4 Increase availability 5 Give your business a competitive edge Database management solutions for the era of big data Introduction
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Volvo separated from Ford in 2010‚ it was breaking free from an IT infrastructure that consisted of a tangle of different systems and licenses. The need was there to develop a new standalone IT infrastructure that could provide better Business Intelligence‚ boost communication capabilities and enrich collaborations. It will be explained how The Volvo Car Corporation transformed data into knowledge‚ how they integrated cloud infrastructure into its networks and the advantage The Big Data Theory
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student’s performance data and use it as a metric to measure a student’s ability to keep on a track that has worked for previous students. The universities collect the data from students from many years to help improve the learning experience of future students so that they may determine a students a current progress in a class and how it compares to others that have preceded them to allow the university to counsel the student if they are falling behind. In “Ethics‚ Big Data‚ and Analytics: A Model
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sell my pictures from Facebook to a corporate entity?”‚ “Should I be allowed to do so and should companies be legally allowed to buy them off me?” were the set of questions that followed. The article titled ‘Consumers want rewards for use of personal data’ which appeared in the BusinessNews Daily on the 25th of June 2013 started a war of choice and rights in my mind. I understand very well that individuals must be allowed the freedom of choice when it comes to their ‘personal’ belongings. I also understand
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argued that Big Data can impact the society in various ways. Studies (e.g. Ranadive‚ 2014; Schonberger & Cukier‚ 2013; Bustamante et al.‚ 2013) have suggests that big data can greatly and positively impact the society. It can positively impact the educational and medical fields‚ solve seemingly intractable problems that people experience‚ and impact on the professional sports. Big data are social construction and neutral elements of reality. Butte et al. (2013) argues that Big data can be used an
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