Analytics: How Big Data Can Solve our Most Complex Problems

Data rates are growing some 40% each year, and the sheer amount of data has outstripped common analytics and staffing levels — creating a serious data analysis gap. To move forward, organizations must transform big data into smart data, which means being able to analyze data on a massive scale and quickly use it to provide deeper insights, create new products, and differentiate services. New data science is built on velocity (fast moving data), variety (different kinds of data), and volume (large amounts of data). This panel will explore what kinds of approaches and analytic tools are now being used and to what end. It will also examine the opportunities, risks, and likely developments the near future holds as analysis helps us transform the commodities of big data into valuable smart data.

Festival: 2014

Watch and Listen: Technology

As consumers increasingly get their news online, and many news outlets shift from advertising-based business models to... See more
Author Paul Hawken shares the remarkable story of how a diverse group of researchers from around the world came... See more
As humans, we have an inherent and intense desire for connection. Social media and our always-on devices have... See more
It is no secret that leaders, at home and abroad, have a problem with journalists. Rants against news organizations and... See more
Once associated mostly with IV poles and standard-issue hospital gowns, health-related design has entered a new era... See more
Platforms like Twitter and Facebook set the stage for a promising digital revolution, providing tools that helped... See more