The use of wireless technology for asset tracking has taken off over the last decade. Consumer retail was the first industry to adopt this technology for location services by tagging product pallets with radio frequency ID (RFID) tags. In 2005, retailers such as Walmart made it mandatory for all of their suppliers to use such tags
The reason for Hadoop’s success in the banking and finance domain is its ability to address various issues faced by the financial industry at minimal cost and time. Despite the various benefits of Hadoop, to apply it...
Big Data analytics is now being applied at every stage of the retail process – working out what the popular products will be by predicting trends, forecasting where the demand will be for those products, optimizing pricing...
We’ve organized data science blogs across eight different categories: Machine learning, Hadoop, R, Python, business intelligence, data visualization, statistics, and a general data science bucket. Data about their reader count comes from Feedly. This is a work...
Given this enormous volume of social media data, analysts have come to recognize Twitter as a virtual treasure trove of information for data mining, social network analysis, and information for sensing public opinion trends and groundswells of...
The amount of healthcare data continues to mound every second, making it harder and harder to find any form of helpful information. In the healthcare industry, what could be more important than having better healthcare outcomes? Each...
Choosing the right vendor for managing Big Data requires each organization to consider its own needs, including preferences related to data storage, scripting language, and preferred usage tools. USE CODE PATIMES16 for 15% off Predictive Analytics World...
The value of data is measured by what you do with it, and organizations are relying on data scientists to extract that value. I recently conducted a survey of data professionals to better understand what it means...
We have executed a multitude of data science projects in the manufacturing vertical. While most of them were done without the help of big data tools, we think most of them will require such capabilities as we expand the...