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Understanding the 5Vs of Big Data

Acuvate

In order to understand at what point ‘data’ transitions into being ‘big data’, and what its key elements are, it is imperative that we study the 5 Vs associated with it: Velocity, Volume, Value, Variety, and Veracity. What is Big Data. Big data volume defines the ‘amount’ of data that is produced.

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How Big Data Will Influence the Insurance Industry

InnovationManagement

Although the advent of Big Data stands to benefit several industries, the insurance sector has a clear advantage in terms of leveraging technology to benefit not only its bottom line but also its customers.

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How Big Data And AI Are Aiding The Fight Against Pandemics

Acuvate

Since the first reported case in Wuhan, China, of the Coronavirus, or COVID-19 as it is now known, the virus has spread to 166 countries with the number of global COVID-19 cases exceeding 614K. Using Big Data to Track the Spread of the Virus. The world is currently living through one of the worst pandemics of the century.

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The Life Sciences Industry: Decision Making from Batch to Continuum

IdeaScale

Digital capabilities and big data is transforming everything from discovery to commercialization. PWC in its 18 th global CEO survey reports that 50% of Pharma CEOs were concerned about the speed of technological change, up from 32% in the previous year. Technology is also playing spoilsport to the breakthrough party.

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The Automotive Industry’s Big Data Challenge (Part 1)

Corporate Innovation

In this two-part series, we will discuss the big data challenge facing the automotive industry. The pieces are the result of my work in the industry helping corporations with their innovation and big data strategies. Automakers must become serious about big data .

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The Automotive Industry’s Big Data Challenge (Part 1)

Corporate Innovation

In this two-part series, we will discuss the big data challenge facing the automotive industry. The pieces are the result of my work in the industry helping corporations with their innovation and big data strategies. Automakers must become serious about big data .

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Uncovering Innovation in China’s Liquid Bandage Market with Big Data

Yet2

yet2 employed their proprietary Big Data approach to quickly ingest and analyze thousands of data points across their database of 5,000+ CMOs, reducing the analysis time from months to days. yet2 ’s Big Data analysis was crucial for matching this information to the China CFDA database.