APAC CIO Outlook
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Agile

    AI Healthcare

    Artificial Intelligence

    Aviation

    Bi and Analytics

    Big Data

    Cloud

    Cyber Security

    Digital Infrastructure

    Digital Marketing

    Digital Transformation

    Digital Twin

    Drone

    Internet of Things

    Low Code No Code

    Networking

    Remote Work

    Startup

    Unified Communication

    Wireless

  • E-Commerce

    Education

    FinTech

    Healthcare

    Manufacturing

    Pharma and Life Science

    Retail

    Travel and Hospitality

  • Dell

    IBM

    Microsoft

    Salesforce

    SAP

  • Cognitive

    Compliance

    Contact Center

    Corporate Finance

    Data Center

    Data Integration

    Digital Asset Management

    Full Stack Development

    HR Technology

    IT Service Management

    Managed Services

    Procurement

    Proptech

    RegTech

Menu
    • Compliance
    • IBM
    • Big Data
    • Unified Communication
    • Digital Infrastructure
    • Data Center
    • Salesforce
    • MORE
    #

    Apac CIO Outlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIO Outlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    • Home
    • News
    • Big Data
    Editor's Pick (1 - 4 of 8)
    left
    How Have Recent Advancements in Big Data Been Impacting Businesses?

    Marc Solomon, CIO, Bvn Architecture

    When Science Fiction Becomes Science Fact: An Industry Embracing Monumental Change

    Stephen Barnham, Senior Vice President & Chief Information Officer, Metlife Asia

    The Inherent Necessity of Big Data as a Strategic Factor

    Esteban Remecz, CIO, Asia Pacific, ZF Group

    Big Data and Credit Scoring in Indonesia

    Darmawan Zaini, Chief Technology & Product Officer, UangTeman

    Experience on Data Analytics

    Kee Siang Lee,

    Building a Smart City by Better Connected World

    Barry Lerner, South Pacific Regional CIO, Huawei Technologies

    Survival of the Fittest in a Data-Driven World: The Secret is in your Software

    Jason Jackson, Field CTO and Director, Advanced Field Engineering, Pivotal APAC

    Big Data Initiatives need Innovative Thinking to Make Things Happen

    Kah Chai Tan, Group CIO, Sime Darby Berhad

    right

    Things You Should Know about Big Data Analytics

    Apac CIO Outlook | Thursday, January 06, 2022
    Tweet

    Diagnostic analytics is used to make discoveries or to figure out why something happened. For instance, one can utilize diagnostic analytics to assess the number of posts, mentions, followers, page views, fans, reviews, pins, and so on for a social media marketing campaign.

    Fremont, CA: To name a few applications, big data can be used for real-time fraud detection, complex, competitive analysis, call center optimization, intelligent traffic management, consumer sentiment analysis, and smart power grid management. Big data is defined by three primary factors: volume; velocity. Because it draws from various sources and transactions to uncover hidden patterns and relationships, big data can provide richer insight with the right analytics.

    Prescriptive analytics is extremely valuable, but it is rarely used. Whereas big data analytics in general sheds light on a topic, prescriptive analytics provides a laser-like focus on answering specific questions. In the healthcare industry, for instance, one can better manage the patient population by using prescriptive analytics to determine the number of clinically obese patients, then adding filters for factors like diabetes and LDL cholesterol levels to ascertain where to focus treatment. Almost any industry target group or problem can be addressed utilizing the same prescriptive model.

    Predictive analytics makes use of big data to identify past patterns in order to forecast the future. Some businesses, for instance, use predictive analytics to score sales leads. Some companies have taken predictive analytics a step further, analyzing the lead source, number of communications, types of communications, documents, social media, CRM data, and so on for the entire sales process. Predictive analytics, when properly tuned, can be utilized to support sales, marketing, and other types of complex forecasts.

    Diagnostic analytics is used to make discoveries or to figure out why something happened. For instance, one can utilize diagnostic analytics to assess the number of posts, mentions, followers, page views, fans, reviews, pins, and so on for a social media marketing campaign. There may be thousands of online mentions that can be distilled into a single view to see what worked and what did not in previous campaigns.

    See Also : Real Estate Analytics Solutions Companies

    tag

    Big Data

    Predictive Analytics

    Fraud

    Weekly Brief

    loading
    ON THE DECK

    Digital Twin 2022

    Top Vendors

    E-Commerce 2022

    Top Vendors

    Previous Next

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Read Also

    Achieving Business Agility

    Key Challenges Facing Real-time Data Processing in Data Centers

    Digital Transformation Agility

    Angela Lam, CIO Shell Australia, COG & Integrated Gas, Shell (NYSE: SHEL)

    Technology Trends Impacting Digital Infrastructure in 2022

    The Benefits of Portable Solar Generators for Cities

    Agile Culture -The Path To Business Success

    Loading...

    Copyright © 2022 APAC CIOoutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    |  Sitemap |  Subscribe |   About us

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/things-you-should-know-about-big-data-analytics-nwid-8733.html