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Economics of Big Data and Privacy: Exploring Netflix and Facebook

It is the 21st century, technology is on the rise, the internet has succeeded paper texts. We live in a world that is interconnected. In this fast-paced, growing world, data is being rapidly created every second. The use of algorithms and statistical measures allows us to graph each movement in a way that is acceptable for predictive modeling.

Big data refers to huge amounts of data accumulated over time through the use of internet services. Traditional econometrics methods fail when analyzing such huge amounts of data and we require a host of new algorithms that can crunch this data and provide insights. (Harding et al, 2018). Big data can be referred to all the human activity performed over the last decade and exponentially growing every second.

Being interconnected has its benefits and drawbacks, one of the major drawbacks being privacy. Big data does just encompass the analysis of data but it also consists of data collection. Data collection is on the ways where personal user data can become compromised. (Kshetri, 2014). Predictive modeling will not only help us improve our services but it would have a deep impact on industries like healthcare and food.

The accumulation of data cannot be stopped and we must be well aware of the benefits and drawbacks of the holy grail of technology, data. This paper aims to examine all the facts, case studies related to data, and how it affects our modern life.

Data or information can be referred to as the accumulation of past behavior. Information can also be categorized as a sort of data. Typically something that we took for granted a few years back has not boomed in this decade due to a large amount of human activity and computing technologies.

In the 21st century, we are surrounded by data that can be composed of two types: discrete and continuous. Discrete data consists of entries that can be used for classification whereas continuous data refers to the entries that can be used for regression.

Man and Data are inseparable as it is the flow of information. Data has been a very important part of human existence from time immemorial. Once civilizations were established they could not function without data. Indus Valley Civilization had seals (a type of coins) in which data was tabulated.

The Incas, another very old civilization, had the same methods for data collection. As civilization progressed, man-made data tabulation also developed. It graduated into coins that replaced the barter system. There were also numbers which have been used since biblical times.

The seafarers also had a system of data that helped in their trade. Historically data collection was an important aspect of life in ancient times and around the 1950s, due to the rise of computing systems, data could be presented in the format of bits and bytes. In the 21st century data has been regarded as the new oil.

Privacy is the state of freedom from intrusion and the ability of an individual to have the information only up to themselves. The person should have the freedom to share the information whenever they require it. In the 21st century, due to the boom in data and computing, companies have tried to exploit it using sophisticated algorithms and techniques known as data mining.

#netflix #software-development #facebook #big-data #privacy

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Economics of Big Data and Privacy: Exploring Netflix and Facebook
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Your Data Architecture: Simple Best Practices for Your Data Strategy

If you accumulate data on which you base your decision-making as an organization, you should probably think about your data architecture and possible best practices.

If you accumulate data on which you base your decision-making as an organization, you most probably need to think about your data architecture and consider possible best practices. Gaining a competitive edge, remaining customer-centric to the greatest extent possible, and streamlining processes to get on-the-button outcomes can all be traced back to an organization’s capacity to build a future-ready data architecture.

In what follows, we offer a short overview of the overarching capabilities of data architecture. These include user-centricity, elasticity, robustness, and the capacity to ensure the seamless flow of data at all times. Added to these are automation enablement, plus security and data governance considerations. These points from our checklist for what we perceive to be an anticipatory analytics ecosystem.

#big data #data science #big data analytics #data analysis #data architecture #data transformation #data platform #data strategy #cloud data platform #data acquisition

Big Data Consulting Services | Big Data Development Experts USA

Big Data Consulting Services

Traditional data processing application has limitations of its own in terms of processing the large chunk of complex data and this is where the big data processing application comes into play. Big data processing app can easily process complex and large information with their advanced capabilities.

Want to develop a Big Data Processing Application?

WebClues Infotech with its years of experience and serving 350+ clients since our inception is the agency to trust for the Big Data Processing Application development services. With a team that is skilled in the latest technologies, there can be no one better for fulfilling your development requirements.

Want to know more about our Big Data Processing App development services?

Visit: https://www.webcluesinfotech.com/big-data-solutions/

Share your requirements https://www.webcluesinfotech.com/contact-us/

View Portfolio https://www.webcluesinfotech.com/portfolio/

#big data consulting services #big data development experts usa #big data analytics services #big data services #best big data analytics solution provider #big data services and consulting

Silly mistakes that can cost ‘Big’ in Big Data Analytics

Big Data has played a major role in defining the expansion of businesses of all kinds as it helps the companies to understand their audience and devise their business techniques in accordance with the requirement.

The importance of ‘Data’ has been spoken very highly in the modern-day business. Thus, while using big data analysis, the companies must keep away from these minor mistakes otherwise it could have a major impact on their performances. Big Data analysis can be the silver bullet that can answer your questions and help your business to scale newer heights.

Read More: Silly mistakes that can cost ‘Big’ in Big Data Analytics

#top big data analytics companies #best big data service providers #big data for business #big data technology #big data mistakes #big data analytics

Big Data can be The ‘Big’ boon for The Modern Age Businesses

The rapid growth of technology has led to many people opting for online services, and thus the collection and maintenance of data becomes a significant factor for any company. Big data analytics service providers can help the companies get a massive edge over their competitors as they would manage the data well and allow the businesses to make better business decisions. It will provide you with a combination of increased customer experience, revenue, and reduced cost and thus will create a win-win situation for your business. Big data technologies will be your perfect ally in excelling in the cut-throat business environment and come out with flying colors.

Read More: Big Data can be The ‘Big’ boon for The Modern Age Businesses

#big data analytics service providers #top big data analytics companies #impact of big data on businesses #best big data consulting firms #big data #big data for businesses

Top Microsoft big data solutions Companies | Best Microsoft big data Developers

An extensively researched list of top Microsoft big data analytics and solution with ratings & reviews to help find the best Microsoft big data solutions development companies around the world.
An exclusive list of Microsoft Big Data consulting and solution providers, after examining various factors of expert big data analytics firms and found the equivalent matches that boast the ace qualities with proven fineness in data analytics. For business growth and enterprise acceleration getting inputs from the whole data of the organization have become necessary, thus we bring to you the most trustworthy Microsoft Big Data consultants and solutions providers for your assistance.
Let’s take a look at the List of Best Microsoft big data solutions Companies.

#microsoft big data solutions development companies #microsoft big data analytics and solution #microsoft big data consultants #microsoft big data developers #microsoft big data #microsoft big data solution providers