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DDIntel - Big Data, NFTs and Getting Results

DDIntel - Big Data, NFTs and Getting Results
By DataDrivenInvestor • Issue #27 • View online
Big data! Yes, you’ve heard the term before, but what does it mean? Big Data is a huge quality of diverse information growing at an unbelievable rate, increasing in volumes and velocity. 
Big Data can be both unstructured and structured and can be used by companies using data analysis tools. Businesses can use large volumes of data to assess what products their consumers like, their spending habits and what they want to see from a product. With the proliferation of social media, big data has begun to take over the world. 
Currently, huge amounts of this data are stored on computer systems ready for analysis, often taken from social media, apps, questionnaires and other mass media tools. In short, digital globalization and the nature of the internet have made big data explode. 
In this issue of DDintel, we dive into how big data will impact education in the future, its influence on eCommerce and how big data can benefit your business by allowing you to profile your customers and understand their interests and needs.
As we become more interconnected and approach web 3.0, companies will use big data more than ever to engage with consumers. Thus, make sure to give this issue a read if you want to stay on top of big data trends and how you can make the best use of them.

Expert Highlight
Jerry Hu is an ex-Facebook, ML lead. He has a vast range of experience working in tech companies like Facebook and Fintech startups. Jerry has expertise in implementing ML and big data pipelines into your business. You can chat with Jerry about coding and software development, data science, science and technology and of course, big data! If you want Big business success, you need big data; Thus, Jerry Hu is the man for you.
Jerry Hu - DDIChat
Stories
Benefits of Big Data. Profile your customers and engage their… | by Sorin Dumitrascu | Feb, 2022 | DataDrivenInvestor
Big data offers new ways to profile our customers and engage with their interests. It allows you to do all of this in complete real-time. Due to the pickiness of consumers nowadays, it is often difficult to know and understand what they want. 
On the other hand, big data can help circumvent this problem by enabling you to hone into what your customer needs and expects. Likewise, using big data will allow you to speed up decision making, cut costs and offer a valuable revenue stream for your business. Sorin Dumitrascu gives us more insight into how you can use big data to reap these benefits. Everything data can do for your business is big. It is about time more companies use it.
I Am So Looking Forward To The Year Of the Tiger | by Joanne Reed | Feb, 2022 | DataDrivenInvestor
Happy Lunar and Chinese New Year, and welcome to the year of the tiger. To lighten up your spirits, Joanne Reed explains why she is looking forward to the year of the tiger, explaining the significance of the year and what the year of the tiger means. She summarizes that the year presents new opportunities, as people are inhabited by the tiger’s spirit allowing them to achieve their wildest dreams. It is a great read to start the new year, adding a truckload of positivity into your life.
Thinking Stock Market Crashes Are a Big Deal Is Stupid | by Tim Denning | Feb, 2022 | DataDrivenInvestor
You often hear people calling the end of the financial markets and stock market crashes the end of the world. However, this is strictly not true. Tim Denning explains that you should not be afraid of a stock market crash as it offers a chance for investment. He highlights that those who think that the financial markets are a scam are off their rocker and uneducated about the financial markets. He explains that the drop is never as big as you think and that you should always invest as you normally would, even if there is a crash. Likewise, not investing is foolish, offering yourself up to the inflation wolves.
How to never pay rent or a mortgage ever again | by Matthew Boutte | Feb, 2022 | DataDrivenInvestor
What if I told you the secret to never paying rent or your mortgage again. Crazy right! Well, Matthew Boutte has a plan for doing just that. Matthew dives into how you can effectively never pay your mortgage or rent again through investing in real estate and becoming a landlord. As we all know, the real estate market is incredibly valuable currently. In the US, house prices are constantly rising, which goes for most western states. In the UK, house prices have soared for years, without stopping. Matthew explains in his article how valuable the real estate market is if you can get on it and dispels the myths surrounding real estate. If you are thinking about jumping into real estate, this article is for you. It is time to make the most out of your financial assets and invest them in bricks and mortar; this article will help you do that.
Why Do Big Brands FOMO into NFTs for The Metaverse and You Should Too! | by Henrique Centieiro | Feb, 2022 | DataDrivenInvestor
Gamers have spent a total of 10.4 million years playing Fortnite. This number will undoubtedly increase as we approach the Metaverse, mixing physical gaming realities with digital ones. Fortnite has its own Metaverse, named party worlds, allowing you to socialize with your friends online. Likewise, other brands have invested in the Metaverse, such as Decentraland and The SandBox, due to the fear of not missing out. Henrique Centieiro explains in his article why this is while going into detail surrounding the nuts and bolts of the Metaverse and what it means. He defines digital real estate, NFTs and other important tentpoles of the Metaverse. As brands begin to build their worlds that fit in the Metaverse, the industry will change—we are about to see the biggest monumental shift in the global industry we have ever seen. Stay up to date with the latest goings-on with the Metaverse by reading this article!
5 Changes to the Education Sector Caused by Big Data | DataDrivenInvestor
Big data is not just shaping how we engage with customers but also our education. In the next couple of years, big data will impact the global education sector. Admittedly the Covid-19 pandemic has shaped education differently, including increased remote working. However, soon, big data will also have an influence. According to Ellie Coverdale, big data will impact the education sector. Big data will shape the quality of education, students’ attendance, customization/personalization of studying and student results. Consequently, big data will change how we view, see, and use education in the future. It will also be interesting to see how education providers will use big data, especially those supplying schools.
What to Do When You Are Not Getting the Results You Want | DataDrivenInvestor
Yes, we all want results, but sometimes we don’t get them. Often we set ourselves huge tasks, and log to-do lists all under a short time frame. Managing with tight deadlines and often unachievable results is hard, but you are not alone. Tavian Jean-Pierre explains in his article above what to do when you are not getting the results you want. And you guessed it; it doesn’t involve going to bed and crying about it! He demonstrates in detail several key things you should do when you are down in the dumps about your results. He summarizes first that you are the one responsible for them and that studying those who have also failed is a key way to achieve the results you want.
4 Critical Areas Where Big Data Impacts Ecommerce | DataDrivenInvestor
Big Data has impacted economics and commerce for a while, but what about eCommerce? Kristin Savage dives into four ways big data has had a critical impact on eCommerce. She highlights big data’s impact on price optimization, fraud prevention, customer segmentation and how it will improve the customization experience. Much like the impact of big data on other sectors, big data will increase the customization options for consumers due to the sheer abundance of data available. Ecommerce companies like Amazon are already using big data. It will not be long until most companies use it to sell products online.
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