Datahut Blog

With its fast-paced growth, big data brought a revolution with itself that is simply inspiring.  Over the year, data analytics, data extraction, and visualization have transformed numerous of industries and sectors across the globe. Right from healthcare and finance to all the way to fashion and retail, there is hardly a sector left untouched by big data. Due to its increasing ubiquity, big data has seen an increase in its popularity and numerous opportunities have populated

Think of a world where you never have to visit a bank, where all the financial services are merely the touch of a button away. The applications of big data in fintech today is advancing at a rapid pace with the financial sector being one of the biggest contenders.  It is now possible to get verifications done through your phone’s fingerprint scanner. There are already algorithms in place which are capable of analyzing your financial history and suggest the best deal for you.

If you ever want to predict the future, learn how Netflix does it. Once upon a time, legendary screenwriter William Goldman said, “Nobody, nobody – not now, not ever – knows the least goddam thing about what is or isn’t going to work at the box office.” That was of course before the time the internet, and big data and big data analytics decided to make an appearance and change everything. Today Netflix accounts for a third of all of US’s peak time internet traffic . Last yea

Prevention is better than cure. An important point to consider for a successful business is forecasting problems before they arise and act accordingly on the solution to further prevent losses a company may incur. Businesses have to take risks and suffer mishappenings if their customers pull out of a plan or scheme or return the newly based product. An example is the digital telephone industry. This industry often witnesses a certain number of users return their products wit

A few years back, a huge debate had many the fate of many retail stores hanging by a thread. Many chains were wondering if retails store were a boon or just a liability. And where we are standing currently, the answer is pretty clear. But a more pertinent question now haunts us. ‘What next?’ The answer: Predictive Shopping. The rapid transformation that retail has gone through positions it at a very prime spot. With technologies like AI, machine learning and big data readily

The amount of data that is generated today in an hour is astounding. It can be a valuable asset for those who know how to leverage this data; for others, not so much. But the real question is how do you use big data to achieve the results you have been hoping for? A lot of companies have now started investing in big data technologies due to the competitive edge that it provides. But simply investing money in platforms and tools won’t solve the problem.  And only those organi

With the influx of predictive analysis and artificial intelligence in retail , data driven insights have enabled corporations to take far-sighted decisions, thus giving them a strong footing amongst the changing trends. There is not a single industry that has not been affected by this huge change in research trend. E-commerce, transportation, and travel were completely different industries a few years ago and the pace at which they have grown and changed is simply astounding

In the culinary world, food is not simply a means of sustenance. It’s passion, flavor, madness, and love all mixed into one. From a specific technique a cook uses to the way how food is presented on the table, everything counts, pushing the experience of eating a notch higher. We pay so much heed to the minor details on the plate, but what of those little specks of information that are floating around a restaurant? How can they turn into monetary benefits? From Facebook chec

If we all just look back into our childhoods, one of our fondest memories would be flying off to a vacation. Today, while travel is a...

The influx of big data analytics has disrupted every industry and has transformed the way we manage, analyze and leverage data. But one of the most promising areas where big data can drive huge change is the health care industry. Today, Healthcare analytics is disrupting how medical professionals approach treatments. It now has the potential to reduce treatment costs, increase human lifespan and improve the quality of life, predict the outbreak of epidemics and prevent diseas

In this era of humongous data production from every industry, analytics has become the holy grail for growing your business. According to statistics incurred by Infosys, by 2020, global data will grow up to 40 zettabytes, with machine-generated data being projected to increase by 15 times.  As Peter Sondergaard rightly quoted,   “ Information is the oil of the 21st century and analysis is the combustion oil.” Today, data has reached to an unaccountable magnitude which in tur