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Interesting statistics around big data, data analysis, and usage

Analysts Corner

Data Analysis (Image created using photo and elements in Canva) Evolution of data and big data Until the advent of computers, limited facts were collected and documented, given the cost and scarcity of resources and effort to capture, store, and maintain them. Compared to the 59 zettabytes produced in 2020, this is huge. Source: IDC).

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Data Analytics and Social Media: Twin Pillars in the Evolution of Business

Smart Data Collective

One study from 2020 discovered that 59% of global companies use data analytics to some degree. In fact, there is an entire field known as social media analytics, which is described in this post on IBM. Big data is another area that is changing the nature of business. Data analytics and social media can go nicely hand-in-hand.

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How to Reduce Sensitive Data Exposure for Your Enterprise

Smart Data Collective

According to the 2020 Cost of a Data Breach Report by IBM, businesses could lose at least $3.86 The best way to avoid losses and a reputational blow are by implementing the right preventive measures and keeping your exposure low. In fact, there is no better time than now for you to invest in beefing up your defenses.

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How to Run Successful Predictive Analytics Project for your Business

Marutitech

And that is only possible when common mistakes while implementing predictive analytics are avoided. Doing this will ease your task and help you better understand what is expected from the project implementation. . Below are some of the common issues which you can address by implementing predictive analytics: Revenue Forecasting .

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Health Data Management | Challenges and Best Practices

Astera

trillion in 2020, making it 19.7 Maintaining healthcare data compliance and security Since healthcare data is confidential and sensitive, it is critical for hospitals to adhere to legal guidelines such as USA Health Insurance Portability and Accountability Act (HIPAA) to avoid data breaches. percent of the total GDP.

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What Are the Industries That Benefit Most from Big Data?

Smart Data Collective

In 2020, the size of the global Big Data market reached 56 billion, and it’s on track to exceed 103 billion by 2027. The implementation of Big Data has huge potential in the healthcare industry , and the past few years are only the beginning. Big Data is more than a trend or a buzzword. It’s one of the fastest-growing industries.

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How is IoMT Changing the Landscape of Healthcare Cyber Security?

GAVS Technology

Leaders in the healthcare industry, including Medtronic and Philips, have been partnering with companies such as Apple, Qualcomm, IBM, and Cisco to create IoMT applications. According to the 2021 SonicWall Cyber Threat Report, the number of ransomware attempts against the healthcare industry increased by 123% in 2020!