Smart Data Collective

DECEMBER 18, 2020

A few years ago, we talked about the benefits of using AI and big data in disaster relief. In seven of the last 10 years, there have been 10 or more weather-related disasters with costs exceeding $1 billion each. These problems put the importance of big data and AI to the test, as we strive to fight the problems they cause.

Cost-Benefit 89

Cost-Benefit Unstructured Data Big Data Risk 89

O'Reilly on Data

SEPTEMBER 19, 2023

.” Consider the structural evolutions of that theme: Stage 1: Hadoop and Big Data By 2008, many companies found themselves at the intersection of “a steep increase in online activity” and “a sharp decline in costs for storage and computing.” The elephant was unstoppable. Until it wasn’t.

Machine Learning 256

Machine Learning Testing Modeling Cost-Benefit 256

BizAcuity

MAY 10, 2022

Despite cost-cutting being the main reason why most companies shift to the cloud, that is not the only benefit they walk away with. Cloud washing is storing data on the cloud for use over the internet. While that allows easy access to users, and saves costs, the cloud is much more and beyond that.

Data-driven 52

Data-driven IoT Unstructured Data Data Lake 52