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.
TOP DATACONOMY ARTICLES
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?
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.
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.
TOP DATACONOMY INTERVIEW
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.
TOP DATACONOMY NEWS
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.
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)