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Big Data: An Opportunity for Data Scientists & Data Analysts

Tom Spencer

Data is a precious thing and will last longer than the systems themselves”, Tim Berners-Lee, inventor of the World Wide Web. The above statements encapsulate the promise and possibilities that data offers. Data Proliferation. quintillion bytes of data every day , the equivalent of more than 100 gigabytes per person per year.

Data 88
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What is consulting?

Tom Spencer

This might include advice on asset management, tax structuring, or capital structuring to reduce financing costs and sources of risk (e.g. Finance, HR, Supply Chain, ICT, Legal). Within IT consulting, the fastest growing markets are digital, AI, data analytics (also known as data science), cyber security and IT forensics.

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Data Quality Should Be Everyone’s Job

Harvard Business

All of us depend on data created elsewhere to do our work. In the face of errors, most people’s natural reaction is to correct such errors in the data they need — after all, when you’re dealing with a mountain of day-in, day-out demands, that seems the fastest, most efficient way to complete the task at hand.

Data 30
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Bad Data Costs the U.S. $3 Trillion Per Year

Harvard Business

That’s the research firm IDC’s estimate of the size of the big data market, worldwide, in 2016. This figure should surprise no one with an interest in big data. trillion , IBM’s estimate of the yearly cost of poor quality data, in the US alone, in 2016. I call the added steps the “ hidden data factory.”

Data 28
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Data Breaches Aren’t Just an IT Issue - SPONSOR CONTENT FROM VERIZON

Harvard Business

And you probably won’t even know you’ve been affected until it’s too late to prevent significant damage to your company’s finances, operations, and reputation. Point-of-sale (POS) intrusions : Attacks that capture payment data from POS systems. You don’t know who’s behind it.

Data 28
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Your Company’s Energy Data Is an Untapped Resource

Harvard Business

In fact, many readers’ eyes will have already glazed over at the preceding sentence, with the natural initial reaction that energy-related data isn’t relevant to their jobs. And of course, few such managers have a background in information technology. Another use of energy data is in predictive maintenance.

Energy 28
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We Interviewed Health Care Leaders About Their Industry, and They’re Worried

Harvard Business

The consensus is the challenges facing them will be daunting and organizations will be strained to finance and manage it. The transformation will necessitate substantial investments in finance, technology, human capital, operations, and infrastructure, and a substantial disinvestment of legacy resources in these areas.