The network effect is a curious phenomenon that describes the group’s benefit that ensues as each new member joins and begins using the same product or service. It applies to several industries and ideas, and can be found in examples like eBay, the popular auction site. As more people join

Data science has gone through a rapid evolution, fueled by powerful open source software and more affordable and faster data storage solutions. Universities have adapted to the increasing demand as well and are graduating analytically trained students at an unprecedented pace. This evolution opens new and innovative pathways for many

Over the last several years, the global database market has made significant strides toward leveraging real-time information. As telcos and other industries prepare for the transition to 5G, it’s apparent that real-time data analytics are key for organizations looking to capitalize on the promise of 5G.   Although the current

The arrival of the first pillar of the Payments Services Directive, Part 2 (PSD2) in January this year laid the groundwork for a more open banking system. It is set to transform the financial services industry in the European Union (EU) by putting the customers in control of both their

Companies have been well aware of the General Data Protection Regulation (GDPR) for more than two years, and though the May 25 deadline has passed, the GDPR is not put to sleep. The deadline has only drawn more attention to the GDPR, as noncompliant companies are starting to be hit with

During his appearance before the United States Senate’s Commerce and Judiciary committees, Facebook CEO Mark Zuckerberg did quite the job tiptoeing through a minefield of potentially threatening inquiries. Based on his answers, he either has no idea how the platform – which was founded controversially – works, or he blatantly

Today, marketing is more complicated and diverse than it’s ever been. Getting people to come to your website or check out your business is a challenge. When a customer has found their way through your content and into a position where they could convert, that’s where the most difficult task

Data science has taken an enormous stride forward in a relatively brief period of time. The field of data analytics, specifically, has widened with the integration of computer technology, and more recently with the use of machine learning and AI algorithms. The field is now a major component for several

The Cambridge Analytica story is starting to take over the news cycle, as the public learns just how the Trump campaign and its donors used Facebook ads to create a massive sociopolitical shakeup. Facebook has come under extreme scrutiny about what went wrong when it came to protecting our data

Analytics has become an integral part of our daily lives. We don’t even realize how analytics is driving our decisions, our activities, our interests, our shopping behavior and more. Companies are using analytics to identify potential acquisition opportunities, their future market performances, customer behavior and many other areas. One such