While the field of data science is not tied directly to Big Data, advances in one tends to produce advances in the other. Big Data increases our ability to harvest and process data, while data science allows us to dig into it for insights.
The success of data-driven projects has quite a few challenges and barriers. Here is a look at how you could overcome them by simply asking yourself three questions. Data has become probably the most valuable asset that companies could have nowadays. It can give you insights into your customers’ behaviour
The data necessary to account for every aspect of our human complexity poses significant challenges to health AI systems. There’s certainly no way around data science to get a hold of it – but don’t you count physicians out too soon! Precision Medicine bears the promise to bring highly individualized
The cart before the horse? What are we talking about: You have the perfect scenario in front of you. You or your team just learnt about an exciting way to analyse data, found a new data-source that looks very promising, or were impressed by a new data visualisation tool. Understandably,
The Ruhr region known to be a steel and coal mine hub in Europe is reimagining the entrepreneurial spirit which was it’s foundation 150 to 200 years ago. This time lies a huge opportunity for data-driven startups to innovate and collaborate with the big traditional corporates that exist in the
It’s easier to get a job if you are an Artificial Intelligence (AI) or Machine Learning (ML) ‘expert’, and investors want to bet on companies which use the words AI or ML in their mission statements. And why should that not be the case? McKinsey estimates AI techniques have the
What’s stopping business schools from catching up to the business world which relies heavily on Big Data and Data Science? Schools that can incorporate these into all areas of their educational offerings will be the ones that prepare students the best for the challenges they’ll face today — and the
If we’re talking about sports analytics, I have to bring up the “Moneyball” reference. Honestly speaking though, sports analytics has come a really long way from the times of Moneyball. Moneyball got the ball rolling, and, boy! has the ball gathered enormous momentum today. Better technology surprisingly advanced real-time video
Preparations are well underway for the 2018 edition of Data Natives– the data driven conference of the future, hosted in Dataconomy’s hometown of Berlin. Data Natives brings together a global community of data-driven pioneers to explore the technologies that are shaping our world- from big data to blockchain, from AI
Data storage strategies are evolving and object storage is becoming an essential and convenient tool for enterprises, triumphing over other strategies. Here’s why you should factor object storage into your data strategy in 2018 to best prepare for the future. Data not stored is data thrown away – that simple.
The days of terabyte data storage are quickly becoming history for many organizations. Now, many enterprises are managing petabytes of data to provide a myriad of data intensive services from media streaming to file backups. Increased demand for these services has thrust object storage firmly into the spotlight. As