How ready is the development industry to use big data?

| May 18, 2016

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In international development, big data has evolved from being a buzzword to one that has become an important aid effectiveness tool. But a recent Devex survey suggests the industry might not be fully prepared to harness the full potential of big data.

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Seven Lakes Technologies reimagines how companies engage with and use their insights. We help shape your business by equipping individuals at every level of an organization with data that lets them make a difference. Seven Lakes Technologies aligns people to drive meaningful change and create a thriving organization. With the ability to share and act toward your collective vision, your doers become difference-makers inspired to impact the larger whole.

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DATA CENTRE MARKET EXPECTED TO ACCELERATE OWING TO INCREASING CLOUD DEMAND

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An enormous amount of data is generated daily through various medium and amid this their storage becomes a great concern for organizations. Currently, two significant styles of data storage capacities are available Cloud and Data Centre.The main difference between the cloud vs. data centre is that a data centre refers to on-premise hardware while the cloud refers to off-premise computing. The cloud stores the data in the public cloud, while a data centre stores the data on company’s own hardware. Many businesses are turning to the cloud. In fact, Gartner, Inc. predicted that the worldwide public cloud services market has grown to 17.5 percent in 2019 to total US$214.3 billion. For many businesses, utilizing the cloud makes sense. While, in many other cases, having an in-house data centre is a better option. Often, maintaining an in-house data centre is expensive, but it can be beneficial to be in total control of computing environment.

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CAN QUANTUM COMPUTING BE THE NEW BUZZWORD

Article | March 30, 2020

Quantum Mechanics created their chapter in the history of the early 20th Century. With its regular binary computing twin going out of style, quantum mechanics led quantum computing to be the new belle of the ball! While the memory used in a classical computer encodes binary ‘bits’ – one and zero, quantum computers use qubits (quantum bits). And Qubit is not confined to a two-state solution, but can also exist in superposition i.e., qubits can be employed at 0, 1 and both 1 and 0 at the same time.

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MODERNIZED REQUIREMENTS OF EFFICIENT DATA SCIENCE SUCCESS ACROSS ORGANIZATIONS

Article | February 23, 2020

Does the success of companies like Google depend on that of the algorithms or that of data? Today’s fascination with artificial intelligence (AI) reflects both our appetite for data and our excitement about the new opportunities in machine learning. Amalio Telenti, Chief Data Scientist and Head of Computational Biology at Vir Biotechnology Inc. argue that newcomers to the field of data science are blinded by the shiny object of magical algorithms and that they forget the critical infrastructures that are needed to create and to manage data in the first place.Data management and infrastructures are the little ugly duckling of data science but they are necessary for a successful program and therefore need to be built with purpose. This requires careful consideration of strategies for data capture, storage of raw and processed data and instruments for retrieval. Beyond the virtues of analysis, there are also the benefits of facilitated retrieval. While there are many solutions for visualization of corporate or industrial data, there is still a need for flexible retrieval tools in the form of search engines that query the diverse sources and forms of data and information that are generated at a given company or institution.

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MiPasa project and IBM Blockchain team on open data platform to support Covid-19 response

Article | April 1, 2020

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Seven Lakes Technologies

Seven Lakes Technologies reimagines how companies engage with and use their insights. We help shape your business by equipping individuals at every level of an organization with data that lets them make a difference. Seven Lakes Technologies aligns people to drive meaningful change and create a thriving organization. With the ability to share and act toward your collective vision, your doers become difference-makers inspired to impact the larger whole.

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