What are the Big Data Challenges in Insurance and Banking?
The emergence of Big Data has deeply transformed the way companies optimize their data every day, especially in the insurance and bank sectors. The goal is to analyze the data in order to minimize the financial risks they are used to take repeatedly. A few explanations will follow. Today’s fierce competition in the banking sector, the […]
Getting big data projects into production – it’s a matter of Technology, ROI for business and Methodology
Only 15% of big data projects get deployed. How to get out of the crafting stage? This astonishing figure was released by Gartner a few weeks ago. The first set of arguments to explain the phenomenon are technology-based: “Too often, pilots are built with ad-hoc technologies and infrastructure and are not created with production-level reliability […]
Who is the Data Scientist, the Researcher of Modern Time?
With the emergence of big data technology, on both sides of the ocean new jobs have progressively appeared, and most importantly the data scientist. It is a crucial role in the process of data exploration and analytics. We would like to give you some further background information on this exciting job ! The Role of […]
What is Big Data and What are its Applications?
The impacts of Big Data go far beyond web or IT applications. The impact on society is increasing. The capacity to store and analyze data allows emergence of new information processing and analysis technologies, it allows the expending in research : medical, pharmaceutical, Computer, banking or electromechanical (Internet of Things, automobile etc.) What is Big […]
What is a Data Lake?
The advent of Big Data and its constant evolutions make the companies more and more demanding in powerful technologies of data analysis. The Data Lake has been created in order to face these needs. An Explanation of the Data Lake? It is a computer system able to store in one place all the data present in […]