This week saw the Dataconomy team concluding our “History of BI” series, trying to predict the value of virtual currency with neural networks, and re-evaluating data privacy in the wake of the European Central Bank scare. See our pick of the week in big data below.


Bitcoin And Big Data: Can We Predict The Future Value Of Virtual Currency?Bitcoin and Big Data: Can We Predict the Future Value of Virtual Currency?

Is there a way to combine the value streams of Bitcoin and big data? Can we use data science to alleviate the risk and harness the potential of virtual currency? Can we, in essence, use big data to predict the future value of Bitcoin?

The History Of Bi: The 2000′S And NowThe History of BI: The 2000′s and Now

In this edition of The History of BI, we will take a brief look at how BI transitioned from a tool based, IT-centric activity, to one that is now accessible to technical and non-technical users alike.

14149832071_3Cf8F64492_ZHow Utilities Are Wrestling with Big Data… And Winning

The amount of data that is being collected by smart meters and other consumer-oriented electric monitoring devices has increased the amount of data collected by up to 180x. Utilities are facing the challenges of the big data deluge, but the opportunities and challenges that they face are fascinating to consider.


663456HrCloudera on Why Hadoop Projects Fail

We recently caught up with Mark Lewis, Cloudera’s Senior Marketing Director, to discuss the Enterprise Data Hub, the evolving discipline of data science and why Hadoop projects fail.


542119133_520649B7D8_ZEuropean Central Bank Hit by Data Theft

The European Central Bank admitted this week that hackers have broken into its database and stolen personal information. The ECB said that email addresses and contact data has been taken from its database for conferences, leaving street addresses, telephone numbers and 20,000 email addresses held by the bank compromised by theft.

Prediction IoSan Francisco Blazes Trail Towards Data Transparency

San Francisco unveiled their open data strategy plan, which outlines the city’s 6-year plan for open data- including, crucially, the creation of “process for accessing your individual data.”

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(Image Credit: M.A. Cabrera Luengo)

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