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Taking data immersive

28 July 2016 in Innovation

Big dataThomson Reuters is partnering with Imperial College London on a collaborative research project aimed at boosting fintech innovation with the use of Big Data. Thomson Reuters will deliver financial market data along with data management and machine-learning nous to Imperial’s KPMG Data Observatory, a data visualisation studio housed at the university’s Data Science Institute.

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UK’s data deficit

12 July 2016 in Innovation

UK dataThe UK is lagging behind other major economies in using data as part of daily business operations. Fewer then one-third of UK organisations classify themselves as highly data-driven, which compares poorly to the US (45%) and China (53%), according to PwC’s 2016 Big Decisions Survey. In fact, UK outfits report data and analytics to be the second-most-important factor in decision-making, just behind experience and intuition, while they also rely heavily on external advice.

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Six start-ups get data opportunity

8 March 2016 in Innovation

London City AirportInnovate UK has given six start-ups emerging from the IC tomorrow Intelligent Data Insights contest the opportunity to work with leading firms to develop prototypes to deal with a number of data challenges. IBM, Carnival Corporation, London City Airport, the Office for National Statistics, Barclays, NMP and bathstore will offer mentoring and promotion opportunities to the start-ups to assist the entrepreneurs in bringing their solutions to market.

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Big Data, Big Short?

26 February 2016 in Research

The Big ShortWhat does Big Data have to say about the Oscar winners?The Big Short is set to win the Oscar for best picture, narrowly squeezing out Spotlight, according to digital advertising outfit Exponential which has used look-a-like modelling to analyse the online habits of people with similar demographics to those of Oscar voters. “We know the typical Oscar voter is a frequent traveller, invests heavily in home theatre systems, follows tennis and baseball, is concerned about privacy and Social Security, buys expensive watches, and drives a European luxury car,” says Bryan Melmed, Exponential’s vp of insights. “Thus, the film interests of people with similar interests give us a strong clue as to where votes would go.

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Keeping it personal

26 February 2016 in Mobile

A majority of consumers think they lack control over personal information on their mobile phones and are suspicious of brands’ effort to use such data for marketing purposes.

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Taking smarts to the Sidewalk

24 February 2016 in Innovation

Smart citySidewalk Labs says it’s building an integrated platform for urban innovation spanning technology, data, policy best practices, relationships, and capital. And the US-based outfit boasts that it is managing the largest pool of capital in the world focused on urban innovation. Should we take notice? Probably. The company is a unit of Google parent Alphabet. And Sidewalk has just announced an exec hiring round which has pulled in two former Google managers.

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Being careful with Big Data: report

13 January 2016 in technology

The US Federal Trade Commission is asking firms to check that their data sets represent the user population and whether their precious algorithms have hidden bias. And, importantly, they need to make sure that the forecasts they generate are actually accurate. The Commission’s report, Big Data: A Tool for Inclusion or Exclusion? points to concerns about whether certain uses of Big Data analytics may harm consumers, particularly low-income and underserved populations.

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Latest News

The news is mobile

29 July 2016 in -e.mobile

Friday metric: News-content audiences have spiked 66% on mobile over the past three years, with digital newspapers having doubled their audiences across mobile devices.

Tech for culture

26 July 2016 in -e.online

The Google Cultural Institute has rolled out the Google Arts & Culture website and app featuring digital versions of the world’s cultural treasures.

3-in-1 for Africa

14 July 2016 in technology

Start-up watch: Italo-Spanish start-up Watly is testing its all-one electricity, clean water, and online services technology in Africa.

Bad, bad Brexit

8 July 2016 in technology

Global IT spending will be flat this year following the UK’s vote for Brexit. “With the UK’s [EU] exit, there will likely be an erosion in business confidence and price increases,” warns Gartner.

Euros on alert

9 June 2016 in -e.mobile

Just ahead of the start of Euro 2016 football tournament, France has launched a mobile app aimed at alerting users to terrorist attacks.

Ripping up music

20 May 2016 in Music

Illegal streaming websites are the largest providers of pirated music, accounting for over 35% of all illicit global traffic in 2015, ahead of infamous Torrent sites (28%).

Xiaomi seeks India floorspace

5 May 2016 in Mobile

Cool Chinese smartphone maker Xiaomi is looking to break into direct sales in India after making its name in the market through online flash sales.

Tough for vinyl

3 May 2016 in Music

Vinyl just keeps on making music industry tracks as consumers get increasingly physical.

Esports drive future gaming

26 April 2016 in Video

Tuesday metric: The global gaming market will be worth close to $100 billion in revenues this year, a healthy spike of 8.4% on the 2014 total.