IntelTrax Top Stories: September 14 to September 20
September 24, 2012
This week the IntelTrax advanced intelligence systems blog delivered some interesting stories that are especially pertinent to those looking to solve the big data problem with analytics solutions.
One field that could see a great deal of benefits from data analytics is education. “The Future of Education Lies with Data Analytics” foresees an education system that is taught through computerized software programs that collect data on the length of time it takes students to master material. Unlike teachers who have limited time and availability, this software would provide instant feedback and compare students to classmates as well as other students across the country.
When discussing the value of this new system, the article states:
“In comparing these two learning environments, it is apparent that current school evaluations suffer from several limitations. Many of the typical pedagogies provide little immediate feedback to students, require teachers to spend hours grading routine assignments, aren’t very proactive about showing students how to improve comprehension, and fail to take advantage of digital resources that can improve the learning process. This is unfortunate because data-driven approaches make it possible to study learning in real-time and offer systematic feedback to students and teachers.”
In the field of data analytics, new and innovative partnerships are always coming about. “Tivo and Scripps Sign Deal to Improve Audience Analytics” announces a deal made between Tivo Research and Analytics and Scripps Networks Interactive, allowing Scripps to access TRA’s audience insights and analytics.
Here’s how it works:
“Media TRAnalytics® TV Auto Ratings launched in January 2012 and enables networks and advertisers to identify the right TV programming based on the make and model of automobile purchases by households watching specific networks and programs. By matching households of television tuning and automotive registration data from Experian Automotive’s North American Vehicle Database (NVDB), TRA provides advertisers, advertising agencies and television networks the industry’s largest household-level single-source solution to plan, buy, sell and evaluate the automotive industry’s current investment in television advertising.”
Big data analytics tools allow for companies to be able to gain valuable insights from your credit card statements, web searches, and social media activity. “Social Media Allows for Personal Analytics as Marketing Tools” explains how businesses can harness the data being put out of social media platforms like Facebook in order to gain insights in order to predict buying behavior.
When explaining the service, the article states:
“It also provides an interesting insight into the kind of machinations that Facebook itself could easily be doing with the data in house. Line this up with the output of Facebook’s own data export tool and you get a good picture for the truth of how much data is being collated. Consider combining patterns across tens or hundreds of millions of profiles with this level of detail and you start to get a picture of the power of the platform.”
Being able to uncover marketing trends and insights about customer behavior is becoming integral to the success of companies in nearly every field and industry. For those looking for an affordable solution that promotes automated understanding of big data analytics, consider Digital Reasoning’s flagship solution Synthesys.
Jasmine Ashton, September 24, 2012
Sponsored by ArnoldIT.com, developer of Augmentext
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