Sign up for our newsletter and get the latest big data news and analysis.

New Survey Indicates Use of Alternative Data in Investment Community Shows No Signs of Slowing

Lowenstein Sandler announced the release of Alternative Data: The New Oil for the Digital Economy? The 2022 Lowenstein Sandler Alternative Data Report. The survey, which is the third annual survey on this market development from the firm’s Investment Management Group, finds demand increasing for alternative data—not only driven by hedge funds, but also by private equity firms and venture capital investors. Alternative data is generally defined as information not contained in company filings, press releases, analyst reports, or other traditional information sources.

“Above the Trend Line” – Your Industry Rumor Central for 12/8/2022

Above the Trend Line: your industry rumor central is a recurring feature of insideBIGDATA. In this column, we present a variety of short time-critical news items grouped by category such as M&A activity, people movements, funding news, financial results, industry alignments, customer wins, rumors and general scuttlebutt floating around the big data, data science and machine learning industries including behind-the-scenes anecdotes and curious buzz.

Hypothesis-led data exploration is failing you …

In this special guest feature, Aakash Indurkhya, Co-Head of AI at Virtualitics, suggests that you should set your assumptions aside and start looking at your data through the lens of AI. Cut through the noise, surface significant insight, and take aim at the real issues. Forget data as oil–data is gold and Intelligent Exploration is the sophisticated tool that’s going to help you get at it.

Report: Audit Industry Rising to the Data Analytics Challenge

With businesses facing the strongest economic headwinds in years, the Chartered Institute of Internal Auditors (Chartered IIA) is urging internal auditors to embrace data analytics to navigate more risky, uncertain, and volatile times ahead. The new report, “Embracing data analytics: Ensuring internal audit’s relevance in a data-led world,” from Chartered IIA in partnership with AuditBoard aims to encourage internal audit to fully embrace data analytics and support the organization in doing the same.

AWS Announces 10 New AI Features at AWS re:Invent 2022

At AWS re:Invent 2022, Amazon Web Services (AWS) announced 10 new features to its portfolio of AI services, and is excited to expand its offerings to more than 100,000 customers who currently rely on AWS for AI and ML initiatives. Please see below for a high-level overview of these new features.

The Key Role Missing in Most Data Science Teams

In this contributed article, Wendy Lynch, Founder of Analytic-Translator.com, shares her experience of working with small to large global clients on how to break down the communication barriers in an organization to deliver results. This often happens between the analyst teams and the business teams.

Heard on the Street – 11/29/2022

Welcome to insideBIGDATA’s “Heard on the Street” round-up column! In this regular feature, we highlight thought-leadership commentaries from members of the big data ecosystem. Each edition covers the trends of the day with compelling perspectives that can provide important insights to give you a competitive advantage in the marketplace.

With Sustainability Analytics, Big Data Can Save the World

In this contributed article, Cashion “Cash” East, Director of Analytics for Higg, discusses how sustainability analytics requires a lot of data from many different sources. Some of that data already exists and is standardized, while other data is coming from new sources with no established standards. In order for companies to collect and organize ESG data in a meaningful and efficient way, the article recommends that companies start doing five things as they begin building out their sustainability insights platform.

insideBIGDATA Latest News – 11/21/2022

In this regular column, we’ll bring you all the latest industry news centered around our main topics of focus: big data, data science, machine learning, AI, and deep learning. Our industry is constantly accelerating with new products and services being announced everyday. Fortunately, we’re in close touch with vendors from this vast ecosystem, so we’re in a unique position to inform you about all that’s new and exciting. Our massive industry database is growing all the time so stay tuned for the latest news items describing technology that may make you and your organization more competitive.

“Above the Trend Line” – Your Industry Rumor Central for 11/16/2022

Above the Trend Line: your industry rumor central is a recurring feature of insideBIGDATA. In this column, we present a variety of short time-critical news items grouped by category such as M&A activity, people movements, funding news, financial results, industry alignments, customer wins, rumors and general scuttlebutt floating around the big data, data science and machine learning industries including behind-the-scenes anecdotes and curious buzz.