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Last year, Analytics Week published an overview of the scope and growth of big data. The findings were remarkable: By 2020, for every person in the world, there will be 1.7 megabytes of new data created each second.The total amount of data in the world will reach 44 zettabytes by 2020, expanding from its current volume of 4.4 zettabytes.There are 1.2 trillion searches annually just on Google, averaging out to 40,000 searches per second — reflecting how…

LUX Election 2020, a big data analysis program running on a supercomputer, shows a growing divide in voter sentiment, with Democrat Joe Biden gathering positive sentiment, even among Republicans. Meanwhile, Biden’s opponent, President Donald Trump, is showing significant negative sentiment among voters. The difference in voter sentiment is significant because while a strong negative sentiment may not result in a large shift, it can be a strong indicator that some voters will change sides while…

A new market research report shows that by 2027, the overall big data security market will grow to $64.4 billion. It’s not surprising. Some reports estimate 90 percent of all global data ever created was created in just the past few years. That’s good news for marketers looking to gain insights into their customers’ minds. But it’s also a huge can of worms in terms of increased security risks, privacy, and storage issues, especially now when many…

A press release on September 22, 2020 announced the publication of “COVID-19 and Inequality: A Test of Corporate Purpose” by KKS Advisors and the Test of Corporate Purpose (TCP) initiative. TCP was founded by Mark Tulay. I co-chaired this effort with Hiro Mizuno, former Chief Investment Officer of Government Pension Investment Fund, and Sacha Sadan, Director of Corporate Governance and board member of Legal & General Investment Management. The report is based on global survey by GlobeScan of 561 individuals and…

Access to relevant customer and industry information is the primary competitive advantage businesses have over their direct and indirect competitors today. It’s the smartest approach to remaining vigilant in a business environment where competition is at an all-time high. That’s where data warehousing comes in. Data warehouses are central repositories of integrated data from one or more disparate sources used for reporting and data analysis, which—is an enterprise environment—supports management’s decision-making process. Digitalization is integrated into the…

They say a picture is worth a thousand words. But how much data can a picture capture? Or, more interestingly, how can a picture tell a story that’s hiding in data? Our eyes can process vast amounts of information rapidly, and we can take advantage of that to make the most of our data. This is good, because big data is producing more data than ever before. Data analytics are being deployed in many domains and for…

We have been talking about big data and AI for more than a decade. While adoption rates have steadily increased, many projects — especially in AI — were left listless in the proof-of-concept stages. The overarching argument was there was no justifiable use case to overhaul an infrastructure that isn’t broken. The other argument is that the market or company is not ready. COVID-19 eliminated these reasons. Companies now need big data-based insights to navigate…

They say a picture is worth a thousand words. But how much data can a picture capture? Or, more interestingly, how can a picture tell a story that’s hiding in data? Our eyes can process vast amounts of information rapidly, and we can take advantage of that to make the most of our data. This is good, because big data is producing more data than ever before. Data analytics are being deployed in many domains and for…

As 2019 comes to a close, many business executives plan for the year ahead. If you’re pondering whether to hire big data talent in 2020, here are six reasons to take the leap 1. Delaying this hiring choice could put you behind the curve Statistics indicate positions in data science will increase by 364,000 by 2020, a shift will result in more than 2.7 million open roles throughout the country. Due to shortages, you may have…

Data warehousing is not dead, but it is changing as new technologies, including Hadoop and cloud platforms, have an impact. Nostalgia might be a strong driver in music, fashion, and entertainment, but it has never been a captivating force in technology. Mainframes and COBOL are still very much with us, but I don’t run into people polishing up their IBM System/390 as they would an Oldsmobile Toronado. The tech industry is always about the new,…