September 23, 1999 is a day that will live in data accuracy infamy. It was on that date that the $125M NASA Mars Climate Orbiter lost communication with mission control as it approached its operating orbit around the red planet. Engineers quickly surmised that the spacecraft burned up in the…
By Import.io CEO, Gary Read, Forbes Councils Member Forbes Technology Council Original post: Forbes Technology Council While the alternative data market is thriving—and projected to be worth $350 million in 2020, up from $183 million in 2016—we have witnessed organizations suffer from alternative data fatigue in 2019. The same groups of alternative datasets are…
Organizations often turn to alternative data for relevant and complete datasets, but this route can lead them to alternative data fatigue. Alternative data providers offer datasets for competitive insights, but they often package and sell the same datasets to multiple hedge funds who then spend much of their time preparing…
If you’re in the world of data analysis or data science, you’ve probably heard of data blending. But what exactly is data blending, and what are the benefits and costs associated with it? Keep reading to dive into the basics of data blending. What is Data Blending? Data blending is…
We are now living in the age of big data. In fact, web data is projected to grow even faster due to both machine-based and human-generated data experiencing an overall growth rate of 10 times faster than conventional business data. With such major potential, 89 percent of users believe big…
Data exploration is the very first step in the data analysis process. It all begins with exploring a large set of unstructured data while looking for patterns, characteristics, or points of interest. Summarizing the size, accuracy and initial patterns in the data is key to enabling deeper analysis. The purpose…
Being a data-driven business is important, but what does that mean exactly? Data-driven businesses make decisions based on data, which means they can be more confident that their actions will bring success since there is data to support them. So what is data analysis? In simple words, data analysis is…
Tired of getting data “off the shelf” that everyone has access to? Come meet Import.io at BattleFin’s Discovery Day London to get high quality unique data. If you are attending Battlefin Discovery Day London on Sept 25/26, you’re eager to meet alternative data solution and service providers to get the…
Heading to the Web Data Extraction Summit on September 17th in Dublin? Find out how you can maximize the value of web data by attending a session from our Founder and Chief Data Officer, Andrew Fogg. Through real world customer case studies, this session will discuss how global companies from…
Investment research is essential for making credible evaluations of stocks, companies, and financial institutions. But it takes time to separate the bulls from the bears and determine a potential company’s trajectory. Combing through mountains of data to make a decision can be onerous, even for the most savvy of investors. …
