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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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What I'ved learned so far about digital transformation and innovation

Jeffrey Phillips

It seems every day there are new reports on digital transformation and innovation. My good friend and collaborator Paul Hobcraft is constantly reviewing new reports and creating insights of his own, which inundate me with more information. Most new technologies are first deployed to reduce costs or improve efficiencies.

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Overwhelmed, underwhelmed at the Web Summit, Lisbon

Paul Hobcraft

I am taking the opportunity to review the Web Summit, held in Lisbon last week of 5th (evening) to 8th November 2018. The Web Summit, originally Dublin Web Summit, is a technology conference held annually since 2009. The company was founded by Paddy Cosgrave, David Kelly, and Daire Hickey. Overhype is an understatement.

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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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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.

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New Year’s Resolution: Catch Up on These Must-Read Innovation Blogs from 2019

IdeaScale

New technologies and ideas can spread quickly across the world, closing the gap to bring these matters together. Crowdsourcing vs. Focus Groups: A Comparative Review. Crowdsourcing is a great way to assemble data for product innovation. How Does Globalization Impact Innovation Strategy? Top 5 Women Innovators of All Time.

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Unlocking Innovation with Data, Creativity, and Automation

Tullio Siragusa

No matter what your path is, it’s important to stay up to date on the latest trends and technologies to stay ahead of the competition. In this podcast recap blog post, we will discuss how innovation derived from creativity, data, and automation can lead to success. Recently caught up with Alex on the Tech Backstage Podcast.

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