April 2015

All posts from April 2015

Big oil makes big news

by pm2net on April 30, 2015 , Comments Off on Big oil makes big news

Technology can be the culprit and the savior in the chemical and oil business. This blog explores how engineering insight from operational performance can help companies in this market to access, unlock and understand all engineering information no matter where it resides.

Source: big data hub

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The new partnership between academics and finance in higher education

by pm2net on April 27, 2015 , Comments Off on The new partnership between academics and finance in higher education

There has always been a strong interaction between the academic side of higher education and the finance or “business” side of higher education. The academic side had lofty goals for establishing new degrees programs and new ways of recruiting students, while the finance side needed to balance out the financial realities of revenue and cost, weighing academic goals against financial realities. With all this considered, it could be a stormy relationship. But that has begun to shift radically in recent years, and today we are seeing a tighter relationship between the academic and financial parts of the institution.

Source: big data hub

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Machine-milled insights and the limits of algorithmic automation in cognitive computing

by pm2net on April 23, 2015 , Comments Off on Machine-milled insights and the limits of algorithmic automation in cognitive computing

Machine learning is a tool for making humans more productive. Machine learning methods vary in degrees of automation. Regardless of how one performs machine learning, data scientists must still prepare the data sets, specify the algorithms, execute them and interpret the results. The process of extracting insights and applying them within the context of particular data-driven applications is still inherently a creative, exploratory process that demands human judgment.

Source: big data hub

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Digital data transfer is transforming the auto industry

by pm2net on April 23, 2015 , Comments Off on Digital data transfer is transforming the auto industry

The “Automotive 2025: Industry without borders” study talks about new types of digital data that drivers will control, enabling them to transfer personal data, preferences and configurations between vehicles. 78 percent of the executives we interviewed expect that this will be available within a brand by 2025, while 62 percent believe data transfer will extend across all of an automaker’s brands. But what do we really mean and what is really being transferred?

Source: big data hub

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