big data technology
What these films and shows don't highlight is the amount of data analysis that would need to go on in the background in real life. Let's take Containment to start with: how would they know how much of the city to cordon off?
The reluctance of organisations to share what backs up the predictions they are making with Big Data is understandable. The huge amount of resources given to Big Data predictions results, effectively, in proprietary information. Why would a company want to share this with its competitors?
Having discussed harnessing social media, enabling internal knowledge creation and leveraging social capital in previous articles, it seems a logical topic to cover next is to address one the key players in this debate and how they interplay with advances in data analytics and technology: Human Resources.
It recently emerged that the NHS has been ordered to prioritise patients who have endured long waits for routine treatment. However, problems with our health service have been evident since two-thirds of A&E units missed their winter wait time target, despite a mild winter by British standards.
Analytics as a discipline, using information gathered and stored in a digital format, has increased in scope enormously over recent years and will continue to play an ever greater role in all aspects of business life in the years to come. In this series of articles we will look at the impact of big data and analytics on business, competitiveness and career development.
Next time you're in your local pharmacy, take a detour to the men's shaving aisle. When you get there, scan the shelves in front of you. You'll see high-gloss packaging, lots of "Fusion" and "Turbo" and "Mach" brands. It's almost like you're in the Formula 1 pit lane, isn't it? The choice seems abundant.
Open ... and Shut Big Data is all the rage. Now if only someone had to clue what to do with it. According to a new survey
The mastery of Big Data is what has made Facebook a seamless global interface used by a billion people. It's what allows Twitter to carry the weight of millions of opinions. And it's what has made Amazon one of the most powerful retail operations on the planet.
Big data has no respect for church or state; it is a problem which is actively shared by both IT and business stakeholders. This also means that the positive impact can be correspondingly powerful.
So what does this tell us? Well, while the census is an incredibly valuable tool for the government, providing a ten-year view of population data only paints part of the picture. If the government wants to be able to make smarter and more informed policy decisions, rather than retrospective analysis, it will need to be able to monitor demographic data in much more frequent intervals.