Big Data has made headlines in technology by customizing user experience and predicting behavior.What is Big Data you ask?It’s the storage and analysis of large quantities of information generally considered too complex for traditional use. Other industries, including health care, are also starting to explore the practical applications of using data to inform decision-making.I recently explored the potential for the […]
Big data could bring “a second Age of Enlightenment”, according to PwC partner Matthew Tod, an expert in digital analytics.“We’ll understand what is going on in our world much better,” he argues. It will “turn the lights on”.But businesses need to act fast, he says, not just because they risk being left behind but because it may become more difficult […]
Recent posts have focused on improved versions of standard market indicators, including sentiment, Bollinger Bands, VWAP, and ticks. One of my most challenging projects, however, has focused on the creation of measures of buying and selling pressure in the stock market. My goal in creating this measure was to follow an intuition and treat supply and demand as separate, independent […]
Danny Santana has had a rip-roaring debut season. How does that translate into a role in 2015?For a game that can almost wholly be broken down into component parts via statistics you may not know exist, it’s difficult to quantify just how much Danny Santana has meant to the Twins this year. Sure, we can say “he’s been worth 1.9 […]
Chip giant Intel has found a way to demonstrate the value of big data analytics in the big health care industry. It’s partnering with Michael J. Fox Foundation for Parkinson’s Research and working on a study that will pull patterns from data coming from patients’ wearable devices.The collaboration, which Intel announced at an event this morning, will give Intel an opportunity […]
The Western Union Company (NYSE:WU), declared financial results for the 2014 2ndquarter. The Company also affirmed its full year revenue outlook and narrowed its operating profit margin and EPS outlooks to the high end of the previous ranges. The Company continues to focus on executing strategies to strengthen its consumer money transfer business, with an emphasis on digital expansion; to […]
Mumbai, Aug 9 : A dip in the global sentiment led by geo-political tensions and the Reserves Bank of India’s decision to keep key interest rates unchanged weighed heavy on the Indian equities market in the week just ended. The markets lost 0.59 percent in the week ended Aug 8 from its previous weekly close on Aug 1. Markets’ analysts said weakness in […]
A group of British researchers believe they can harness the power of Wikipedia and Google searches to predict whether the economy’s going to go up or down.The research comes just a few months after Google Search’s Big Data was dismissed as a predictive tool, following reports that Google Flu Trends was well off the mark when it came to guessing […]
How can you leverage mobile to increase profitability for your company? Find out at MobileBeat, VentureBeat’s 7th annual event on the future of mobile, on July 8-9 in San Francisco. There are only a few tickets left!Big data meets small business?Two years ago almost to the day, ThriveHive closed a $1.5 million seed round. Now the company’s everything-in-a-box small business […]
Someone once asked me to describe reversion to the mean in as simple terms as possible. My reply was if you know someone who’s normally ‘”mean” and then they are nice to you for a few days, chances are they’ll revert back to being mean. [Likewise, periods of high volatility tend to be followed by periods of lower volatility.] Conversely, […]
