How do you extract big knowledge from big data?
by Dr. Jay Liebowitz, Orkand Endowed Chair in Management and Technology, University of Maryland University College
Most everyone now has heard one of the hottest terms today—big data. Big data is a big deal, especially in such data-intensive industries as cybersecurity, finance, healthcare, marketing, transportation, energy, and others. And, many of us are already familiar with the 3V’s of big data-volume, velocity, and variety of data. But, the key question is, “How do we extract big knowledge from big data?” The answer to this question is partly through analytics, which is also a growing field within various sectors. Some people look at data analytics, in terms of educating future “data scientists,” and still others are exploring business analytics through educating a new kind of “business analyst.” The new breed of […]