Knowledgebase

April 23, 2022

BIG DATA IN THE LEGAL INDUSTRY

What is the impact of big data in the legal industry? Big data has become an increasingly important factor across all sectors in recent years. It has radically transformed most sectors today. For example, thanks to its ability to provide insights that would otherwise be unavailable, big data has helped companies target their customers more effectively. In addition, it has allowed companies to measure the effectiveness of their marketing campaigns and make better decisions about where to allocate their resources. As a result, companies have reduced the wastage of advertising resources. This has revolutionized marketing. In the healthcare sector, doctors have used big data to improve the accuracy of diagnosis. For example, they have used big data to identify patterns in medical images that may not be visible to the human eye. This information has helped healthcare providers diagnose diseases […]
April 23, 2022

Big Data in the Transport Sector

Professionals widely use the term big data in different industries today. However, its actual definition remains fuzzy and open to interpretation. In general, big data refers to a large volume of data that is difficult to process using traditional methods. Nevertheless, it provides valuable insights that can improve decision-making and business operations. For example, the transport sector has utilized big data analytics to improve traffic flow and reduce congestion. In addition, agencies have have used big data to increase safety and security, and manage resources more efficiently. This article will provide an overview of the history and development of big data in transport. After that, a brief overview of the current role of big data in the transport sector. Finally ,the trends and the future of big data in the transport sector. History and Development of Big Data in Transport […]
April 22, 2022

Role of Big Data in Retail and Wholesale Trade

Retail and wholesale trade are important sectors of the economy, and big data plays an increasingly important role in these sectors. This article provides an overview of the history and development of big data in retail and wholesale trade, statistics on the growth of big data in these sectors, the current role of big data in retail and wholesale trade, trends and future of big data in retail and wholesale trade, and a conclusion. History and Development of Big Data in Retail and Wholesale Trade IBM did the first big data analysis in the retail and wholesale trade sector in the 1950s. They developed a computer program to help supermarkets manage inventory and sales. One of the first big data applications in the wholesale trade was the Walmart supply chain, which they implemented in 1988. This supply chain used big […]
April 19, 2022

Role of Big Data in Tourism

Big data is one of the most critical buzzwords in business and technology today. It is a term used to describe the large and ever-growing volume of data generated by companies, organizations, and individuals. The growth of big data has been phenomenal in recent years, and its role in various industries is becoming increasingly important. For example, it is playing an increasingly important role in the tourism industry. Its impact can be seen in all aspects of the sector. The use of big data in tourism has exploded in recent years due to the advent of social media and mobile devices. Social media platforms such as Facebook, Twitter, and Instagram have created a wealth of user-generated data. Furthermore, the rise of mobile devices has led to a surge in the volume of location data companies generate. This article will explore […]
April 15, 2022

ROLE OF BIG DATA IN THE MUSIC INDUSTRY

The music industry has undergone massive changes in the last few decades. The rise of big data has played a significant role in this transformation. As a result, the music industry has undergone many changes in the past decade. With the advent of big data, the industry can now collect and analyze large amounts of data to better understand customer behavior and preferences. As a result, this has helped the industry to snowball and become more competitive. In this article, we will look at the role of big data in the music industry and how it is helping the industry to grow. Statistics on the growth of big data in the music industry Big data is currently playing a vital role in the music industry. Industry professionals use it to track and analyze various aspects of the music business, including […]
April 15, 2022

Role of Big Data in Healthcare

Big data is so large and complex that traditional data processing applications cannot process it. As a result, the big data phenomenon has multiplied in recent years, with healthcare being one of the sectors that have seen the most growth. The role of big data in this sector is growing every day. The health sector can use big data to improve patient care, increase efficiency, and reduce costs. This article will discuss the role of big data in healthcare and how it is changing the industry. History and Development of Big Data in Healthcare The history and development of big data in healthcare is a relatively new phenomenon, but it has already seen significant growth. According to a study by IBM, 90% of all the data in the world was created in the last two years. And of that data, […]
April 14, 2022

Role of Big Data in Marketing

In recent years, big data in marketing has become an increasingly important tool for marketing professionals. Due to its ability to provide insights that would otherwise be unavailable, big data has been critical to businesses. These ways include targeting their customers more effectively, measuring the effectiveness of their marketing campaigns, and making better decisions about where to allocate their resources. In this article, we will discuss the role of big data in marketing and explore how its application today. The Growth of Big Data in Marketing Big data has been around for a long time, but its use in marketing is a relatively new phenomenon. The first recorded use of big data in marketing was in 2009 when Coca-Cola used information from social media sites to target ads to specific demographics. Since then, it has become an increasingly important part […]
March 31, 2022

Role of Big Data in Manufacturing

Big data is becoming an increasingly important part of our lives. It has already had a significant impact on many industries, including manufacturing. This article will explore the role of big data in manufacturing and look at the history, some of the trends, and future possibilities for this field. History and development of big data in manufacturing Big data is not a new concept. John Mashey coined the term in the 1990s. However, big data only began to gain popularity in recent years as we have seen a massive increase in the amount of data that is being generated. This increase is due to several factors, including the growth of the internet and the proliferation of mobile devices.Manufacturing is one of the industries that has been most affected by big data. In fact, big data has become an essential part […]
March 31, 2022

Role of Big Data in Education

Big data is a term used to describe the large and ever-growing volume of data organizations are collecting. Companies, institutions, and governments can analyze this data to reveal patterns and trends that can help them make better decisions. As a result, the role of big data in education is growing and evolving. This article will look into the history and development of big data in education, statistics on the growth of big data in education, and the role of big data in education today. It will also explore some of the future trends of big data in education. The history and development of big data in education Organizations have been collecting data for centuries, but it wasn’t until recently that we had the technology to store and analyze this data on a large scale. The term big data emerged in […]
March 31, 2022

BIG DATA IN BANKING AND SECURITIES

Big data is a big buzzword in the technology industry. It describes a large and ever-growing volume of data that can be difficult to process using traditional database tools. As a result, big data has played a significant role in various industries, such as retail, manufacturing, health care, and transportation. Ensure you check previous articles I’ve written on the role big data has played in revolutionizing other economic sectors. This article will highlight the role of big data in banking and securities. History and development Big data has been around for quite some time. We can trace the origins of big data back to the early days of computing. Large companies started collecting large amounts of data to track their customers’ behavior. However, it was not until recently that big data began to play a significant role in the banking […]