Michele Pasin / Quotes

Two uses of big data

The value of big data to an organization falls into two categories: analytical use, and enabling new products. Big data analytics can reveal insights hidden previously by data too costly to process, such as peer influence among customers, revealed by analyzing shoppers' transactions, social and geographical data. Being able to process every item of data in reasonable time removes the troublesome need for sampling and promotes an investigative approach to data, in contrast to the somewhat static nature of running predetermined reports.

Saved 26 February 2013 / radar.oreilly.com ↗

#transactions #data-analytics #big-data

Generating analytics and insights from a knowledge graph

Additional knowledge can be inferred on top of the standardized knowledge graph, generating insights for business and consumer analytics. For example, by…

Building The Linkedin Knowledge Graph | Linkedin Engineering #knowledge-graph #data-analytics #analytics #graph

Big Data and the bureaucratization of life

As technology and Big Data advance, they enable the near-total bureaucratization of life—despite the fact that the promise of technology was exactly the…

Beyond Zero and One (Andrew Smart) #big-data #technology #jobs #work

Bitcoin's value comes from scarcity

One one level it's basic economics; if there is a demand for something and it is scarce it's price goes up, the scarcer it gets the more it's value increases…

Man Buys $27 Of Bitcoin, Forgets About Them, Finds They're Now Worth $886k | Technology | Theguardian.com #Bitcoin #prices #transactions

Bitcoin, a currency no company controls

Bitcoins are an anonymous, decentralised, peer-to-peer digital currency.In contrast to older forms of electronic money, no company controls Bitcoin, nor ever…

Bitcoin: What You Need To Know | Technology | Theguardian.com #Bitcoin #transactions #companies

Can Bitcoin's origins be trusted?

Since the initial formulation of the Byzantine Generals problem in 1982, it has been the subject of intense academic study and several Byzantine-tolerant…

Beyond Zero and One (Andrew Smart) #Bitcoin #money #algorithm #transactions

Expert committees for reviewing ontology elements

In large standards this review process usually is directed to a committee of experts who have a specialized understanding for specific parts of the ontology…

Ten Pitfalls Of Enterprise Ontology Management #transactions