The potential of Big Data is slowly emerging on us, as analytical methods become increasingly more powerful in making the huge amounts of data we collect in todays society meaningful for understanding reality and to make predictions. We have already covered the development in several blog posts, including Big Data is Better Data, The Challenge… Continue reading Big Data and the Fourth Industrial Revolution
Tag: Big data
The Evolution of Order from Atoms to Economies
The universe is made of energy, matter and information, but information is what makes the universe interesting. Without information the universe would be an amorphous soup. It would lack the shapes, structures, aperiodic orders, and fractal arrangements that give the universe both its beauty and its complexity. Yet information is rare. It hides in pockets… Continue reading The Evolution of Order from Atoms to Economies
Big Data is Better Data
Big Data is much talked about and is becoming increasingly useful as new methodologies are developed to measure and analyse data for business intelligence and decision making purposes. Big Data usually includes data sets with sizes beyond the ability of commonly used software tools to capture, curate, manage, and process data within a tolerable elapsed… Continue reading Big Data is Better Data
The Challenge with Big Data
There is a mind-boggling amount of data floating around our society. This is called Big Data and it refers to data that is too large, complex and dynamic for any conventional data tools to capture, store, manage and analyse. However the right use of Big Data allows analysts to spot trends and gives niche insights… Continue reading The Challenge with Big Data