In fact, the McKinsey Global Institute, the research arm of McKinsey & Co., estimates that big data can increase profits in the retail sector by a staggering 60%.

Data mining is the process of transforming raw data into actionable information for business, typically using data mining software solutions. Written by eWEEK content and product recommendations ...

The most beneficial aspect of bitcoin mining is the most important for electric utilities, and the most overlooked.

Mining the social networks’ Big Data. Companies such as Echo and Cloudera are seeking their niche in the Big Data and social network data spaces.

Big money follows big data in almost every segment of the consumer economy these days, especially when it comes to quantifying intangibles like “trustability” and what makes a product or ...

Data mining tools collect and analyze data much faster than humans. Learn what data mining is, how it works, and how to use it effectively. Data mining is an important big data management strategy ...

Big data can help make Americans healthier, and the Trump Administration has stated—in its recently released Make America ...

Data mining is the use of computers to pour through vast quantities of data to draw conclusions or predict outcomes. We explain what it is and how it's used.

Instead of cold calling, big data is helping startups like Socialeads target prospects, but with exceptional efficiency. In this case, Hitchcock explained how his company does it without, he ...

More than simply bits and bytes, big data is now a multibillion-dollar business opportunity. Savvy organizations, from retailers to manufacturers, are fast discovering the power of turning ...

Effective data mining techniques are essential to using data for competitive advantage. Written by eWEEK content and product recommendations are editorially independent. We may make money when you ...