Big data analytics examines large amounts of data to uncover hidden patterns, correlations and other insights. With today’s technology, it is possible to analyze your data and get answers from it in almost real time. This interesting topic came to us from Analytics Insight in their article, “What Enterprises Must Learn From Big Data and Data Science Revolution?“
More traditional business intelligence solutions require longer time periods for results to be available. It wasn’t that long ago that a business would have gathered information, run analytics and unearthed information that could be used for future decisions. Today that business can identify insights for immediate decisions. This ability to work faster gives organizations a competitive edge they didn’t have before.
Big data is now making waves in the information- and research-driven world of technology powered by artificial intelligence (AI). Looking even deeper, data science informs the enterprise rather than replacing the legacy research methodologies.
Collecting, managing, indexing and retrieving all this data is made possible by a robust, multi-faceted taxonomy. A strong standards-based taxonomy is one with true integrity. Access Innovations is one of a very small number of companies able to help its clients generate ANSI/ISO/W3C-compliant taxonomies.
Melody K. Smith
Sponsored by Data Harmony, a unit of Access Innovations, the world leader in indexing and making content findable.