A Blog on Big Data Analytics and Techology News
ECM TechNews is a blog to share passion in a wide spectrum of technology news. The Analytics TechNews covers news and innovation of data analytics.
Big data has grown significantly in recent years, reflecting the willingness of companies and governments to own this type of infrastructure. According to IDC forecasts, the annual revenues for Big Data and Business Analytics solutions (BDA) will reach $189.1 billion in 2019, an increase of approximately 12% over This double-digit annual revenue growth in this area is expected to continue until 2022.
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With Artificial Intelligence, teachers can improve their classes, provide help to those who need it most, and focus more on putting the knowledge of their students into practice. Beyond the master, they now becomes accompaniers.
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The popular term “Smart City” referring to digitized public services and connected solutions for public places, is already famous and widely used. Well, to a great extent, many traditional cities have turned smarter with a lot of digital solutions for the locals and city travelers. As technology is transforming life at a faster pace, today’s smart cities will continue to become smarter. As the latest technologies, Artificial Intelligence (AI) and the Internet of Things (IoT) are already playing a massive role in adding value to all the solutions that make cities smarter.
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Business intelligence is a combination of AI-enhanced technologies that include data mining, Big Data analysis, reporting, and machine learning as well as the tools and infrastructure that tie it all together.
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We talked about the definition of Collective Intelligence in the previous article. In this article, we will talk about some examples of situations where the predictions made by collective intelligence are more useful than the predictions made by Big Data.
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In the age of Big Data, the collective intelligence of human beings can generate a lot of data to solve some of the major problems of humanity. Likewise, it allows certain data to be analyzed more efficiently than computer algorithms.
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This technical profile, which appeared about several years ago, has become a key player in the success of Big Data projects. What do data engineers do? What are the skills of these highly sought-after experts for whom there is not yet a dedicated training program?
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In general, outsourcing is a practice whereby a company uses another company or individual to perform certain tasks, take over operations or provide services in its place. The subcontractor will then order its employees or computers to perform the tasks or services directly on the company site, or from outside.
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In order to know if a Big Data system will be efficient enough to meet the needs of the company, it is necessary to evaluate and compare it. This is called Benchmarking. To do this, we use suites of specialized tools called Benchmarking Big Data. On the principle of the test bench, analysts test each of the hardware and software features offered by the suppliers.
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Retailers are used to change, as they have been forced by new online purchasing practices to innovate and adapt their strategies to new consumer habits, and the change is far from over as the Edge Computing on IoT offers traditional stores new opportunities to innovate by creating unique customer experiences. Contrary to rumors, traditional stores are bound to last and have good days in front of them if they continue to innovate as well.
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