Financial Services Profit From Big Data

Financial Services Profit From Big Data

With every new year comes new ideas, goals and budgets, which is why now is the perfect time to plan out your company’s finances. Big Data is a great addition to any financial services you may be using in your business!

Big Data opens financial planning up to managing pricing, customer insight, investment advice and risk management. Financial services usually help companies manage their money and predict the best ways to use it in the future, but when coupled with Big Data, financial planning can be taken to a new level. Big Data provides the insights to see the use and effect of your money in ways financial services cannot provide alone.

This is one industry that Big Data has barely touched, but is ready to dive into! Many reports foresee Big Data becoming an increasingly utilized tool in the financial sector. Big Data is brand new in this field, but has the potential to provide insights that wouldn’t otherwise be seen. The sooner we can notice trends about finances the more money that can be saved.

To learn more about how Big Data is infiltrating financial services check out this awesome article- Big Data Puts Bacon On The Table

Toyota Is Driving In Efforts For Connected Cars

Toyota Is Driving In Efforts For Connected Cars

The connected car is a symbol of the future, a car that can drive itself, speak to its driver or even prevent accidents. This is what we picture when we look towards cars of the next generation. This process has been in motion for many years including GM’s OnStar devices in their models that can call for help when a vehicle has been in an accident. Even though this technology has been around for over twenty years there is suddenly a push for a more sophisticated vehicle.

Ever since the emergence of the Internet of Things, machines we use on a daily basis are getting a face lift. Ever major technology company is racing to produce devices that will be used in what is called the “connected home”. The idea is that the technology we use will  be able to communicate to one another, making our lives easier. Cars are a big part of this vision because the majority of the population uses them everyday. With the IoT vision, we will one day have cars that will be automatically started and warmed to our preferred temperature and will chauffeur us to our destination. 

Toyota has announced that they are beginning to equip their vehicles with Data Communication Modules that will allow the car to send and receive data with the Toyota Big Data Center. With this technology, cars will be able to automatically send a distress call to emergency respondents with the vehicle’s location as soon as the airbag is deployed. This will allow victims of an accident to receive medical attention more quickly and hopefully prevent unknown accidents that often leave people stranded.

As Toyota and Ford begin to install Big Data devices into their cars, they are making huge strides towards the IoT. The more advanced cars are, the easier it will be to enhance them with receptors that can tell the car what to do and how to do it. With this sort of participation from some of the leaders in automotive technology, it won’t be long before we see the first “connected car”.

Can Big Data Help The Marijuana Industry Get The Biggest Bang For Their Blunt?

Can Big Data Help The Marijuana Industry Get The Biggest Bang For Their Blunt?

Even though marijuana is becoming legal in more and more states and a booming industry, people still tend to see dispensaries as “drug dealers.” What people don’t see is that now that marijuana has been legalized, the business is no long a shady transaction in a park, but rather a fully functioning production like any other business. Dispensaries now need to consider things like ROI’s, Customer Retention, and Efficient Production.

The more we learn about something, the better we can understand it. Don’t form your opinions about the marijuana industry without first understanding it. Listen to this informative podcast straight from the leaders in the marijuana industry, you may just learn something about marijuana that you never knew before!

Marijuana And Big Data – How Do Cannabis Consumers Trend?

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