AI and Machine Learning
Predictions put Artificial Intelligence (AI) and Machine Learning as becoming the game-changers of the coming decade.
This is so interesting! Consider what will happen in the next few years with all the new technologies being created and built now. Think about what AI and machine learning will do for us, situations where it can help and how it helps now.
There is so much going on to consider in every industry. So many ideas of how to improve what is already in the office, like building robotic assistants and self-teaching algorithms for handling the new Intelligence Analytics systems. Think of what the creating and building that will happen because of this. So exciting and a lot to think about isn’t it?
A very interesting and in-depth article about ERP and why you should consider using it. A very good read that gives a lot of good information.
ERP combines software systems from departments like finance, human resources and warehouse management. It combines it into a single, integrated software program running off a single database. This way the various departments can more easily share information and collaborate. It’s a tall order, but that integrated approach can have a tremendous payback if companies install the software correctly.
Smart cities are becoming more and more popular now. By 2050 they will be so popular that more people will live in them than out of them. I find them extremely interesting about how they can help society.
Think of how they help the environment, populated areas, and traffic. They will be instrumental in the future to creating new technologies for solar power, finding new water sources, and pollution control. Exciting times are coming. I can’t wait to see what it brings us.
Big Data. What is It?
Businesses get almost an overflow of big data every day. It’s information gathered through structured and unstructured means. Companies can use the results to make better decisions and plan strategic moves.
3 V’s of Big Data
- Volume – Information comes from many sources. Everything including business transactions to social media to machine-to-machine data.
- Velocity – Data comes in a super fast speed. So your business has to handle the speed in near-real time to act quickly.
- Variety – It comes in various formats. Anything from structured, numeric results to unstructured documents like email, video, or audio files to name a few.
Big Data is growing every day worldwide. It offers huge amounts of help to businesses that use it, but even with all the evidence, most companies are still not using it to its full potential. There’s nothing to do with how much data you have, but everything to do with what you want to do with it. Big Data can help with cost and time reductions, new product development, and smart decision-making. Combining big data with analytics can help you with tasks like finding root causes of failures in near-real time, make coupons based on customer’s buying habits, recalculate risk portfolios and sensing out fraudulent behavior before it can affect you and your company.
Who Uses Big Data
Industries carry out Big Data findings when they decide to use them. Banks use it to better understand their customers and lower risk and fraud. Education uses it to find at-risk students, make sure that students are making progress and create better systems evaluating teachers and principals. Retail uses it to market better to customers, better handle transactions, and revive struggling businesses.
Make sure to research companies that can handle your data for you. Look for cheap and huge amounts of storage, quick processors and affordable open source, distributed platforms. Look for parallel processing, large grid environments, high connectivity and virtualization. Also look for cloud computing capabilities for resource allocation arrangements.
Do your research. Don’t rush into choosing a company as you want to stay with them for years, not months. Big Data is a huge help for your company. Just make sure that you can get access to it quickly and easily, while having good security options in place to make sure others cannot.
Big Data is becoming more important all the time. It’s used to create business strategy and people need to be trained to gather, read and compile the info so it can be read by upper management
via 12 Jobs in Big Data — EP’s Information Systems Solutions