With dwindling resources and rising costs of energy, organisations are looking for ways to manage their power usage. The phenomenon is known as smart energy management, and it refers to technology that enables organisations to use power more efficiently. Big data and advanced analytics play a huge role in intelligent energy management. In this blog, […]
As of 2019, data scientists are one of the most desirable jobs on the market. Organisations desperately need skilled personnel who can comb through data for valuable findings. There’s a severe shortage in the market for skilled data scientists, and as the law of economics states, when demand exceeds supply, the price increases. But that […]
Big data has become an integral part of the business world. However, as organisations become more reliant on data, it becomes important to distinguish the tools responsible for cleaning and analysing it. Data science and data analytics tend to be used interchangeably, but there is a difference between the two terms. Understanding the difference is […]
Big data is becoming an integral part of business operations, with organisations using generated data for better insights and smarter decision-making. However, what many people do not know is that data falls into two categories: first-party and third-party data. The difference between the two data sets lies in their data source. Data from third parties […]
The idea of digging through data for useful information goes back to the 1990s. However, advances in processing power has made the mining of data more relevant and useful than ever before. In fact, one would argue that it is essential. The volume of data collected and produced doubles each year and a tool is […]