10 - Huge rise in big data adoption, finds survey
In May 2012 Computing ran a survey on plans for big data adoption. In March 2013 we ran it again. The enormous difference in the answers returned across those 10 months demonstrate the massive shift in opinion on the validity of big data technology in that time, within all types of organisations.
The scepticism and fear invoked by the phrase "big data" was found to have dissipated, replaced by an urge to jump on board before the train leaves the station.
And here are a couple of reasons why.
9 - Predictive analytics helps firms to get 'about three per cent better at guessing', says APT chief
Predictive analytics helps firms to get "about three per cent better at guessing" what a consumer would like to buy, said Applied Predictive Technologies (APT), whose customers include Boots, Asda and Kraft.
"Realistically, what predictive modelling does not say is: ‘Now I know for a fact that you want this'. What it means is I get about three per cent better at guessing - and that is worth a lot of money," APT's founder told Computing in January.
Barclays' adoption of Splunk data insight and intelligence tools has prevented the bank from being fined for anti-compliance or worse, barred from doing business, said Stephen Gailey, group head of security services for Barclays, about the machine data analytics platform.
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By eliminating high entry costs for big data analysis, you can convert more raw data into valuable business insight.
A discussion of the "risk perception gap", its implications and how it can be closed