article thumbnail

Fleet Management and Big Data: Points to Consider

Smart Data Collective

According to a forecast by IDC and Seagate Technology, the global data sphere will grow more than fivefold in the next seven years. The total amount of new data will increase to 175 zettabytes by 2025 , up from 33 zettabytes in 2018. This ever-growing volume of information has given rise to the concept of big data.

Big Data 143
article thumbnail

What is business analytics? Using data to improve business outcomes

CIO Business Intelligence

Business analytics and business intelligence (BI) serve similar purposes and are often used as interchangeable terms, but BI can be considered a subset of business analytics. Whereas BI studies historical data to guide business decision-making, business analytics is about looking forward. This is the purview of BI.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Sports venues advance goals, enhance fan experience with data analytics

CIO Business Intelligence

A 2018 report by consulting firm Deloitte notes that fans at home often have access to better camera angles, as well as AR/VR, multiplatform, and other multimedia options. Data Management, Predictive Analytics An oft-cited reason for this decline is increasing competition from home-viewing options.

article thumbnail

Data Science, Past & Future

Domino Data Lab

You know, case in point, if you were to talk about predictive analytics 20 years ago, the main people in the field would have laughed you out of the room. Predictive analytics, yeah, not so much.” It’s also a driver for data science. How can you trace that all the way back into the data collection?

article thumbnail

Euro Soccer Special: What Football Teaches Us About Analytics

Sisense

Sensors in these devices connect to cellular phone transmitters or the club’s Wi-Fi network to monitor the data feeds. The data collected by these devices is used to design personalized training plans. This data allows them to identify, change, and test the effectiveness of typical passages of play.

article thumbnail

Top 10 IT & Technology Buzzwords You Won’t Be Able To Avoid In 2020

datapine

An exemplary application of this trend would be Artificial Neural Networks (ANN) – the predictive analytics method of analyzing data. Likewise, 2018 was the year of virtual assistants: Alexa, Cortana, all of them have taken the consumers’ market by storm.