BetaNews Staff

What we can learn from famous data quality disasters in pop culture

Bad data can lead to disasters that cost hundreds of millions of dollars or -- believe it or not -- even the loss of a spacecraft.

Without processes that guard the integrity of your data every step of the way, your organization might suffer catastrophic mistakes that erode trust and lose a fortune. As a reminder to make sure that high-quality data is an end-to-end priority for all types of industries, let’s look at some of the biggest data quality incidents in recent pop culture history.

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The role of threat intelligence platforms in implementing extended detection and response

Threat

As the new year continues to unfold, cybersecurity budget holders will be deep into the process of identifying where to allocate funds to best enhance protection against cyberthreats. The good news is that budgets are rising, with industry commentators frequently reporting that companies are committing more money to strengthening their posture against persistent and sophisticated threats.

Firmly on the list of favored approaches is extended detection and response (XDR), which has been rapidly gathering momentum in the past two years. Analysts are predicting triple digit growth in the market as businesses aim to implement a complete, end-to-end security approach. However, before businesses dive headlong into XDR investments, it is worth exploring what we mean by XDR, how it fits with existing tools, and where threat intelligence platforms can be leveraged to help companies bridge the delta between what they have now and an ideal future state of effective XDR. 

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What every business needs to know about Banking-as-a-Service

The market for embedded finance is growing incredibly quickly, with some predicting the sector is set to reach an estimated value of $7 trillion globally in the next ten years. This seems like excellent news for financial businesses and enterprises within the space, who stand to benefit from this momentous growth -- but why should non-financial companies care?

The truth is, embedded finance and banking solutions are no longer the exclusive territory of financial businesses. Any business that handles transactions, payments, or any sort of credit/debit exchange stands to benefit from integrating modern core banking solutions into their platforms – without having to become a regulated entity in the process.

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Upgrade your e-commerce strategy with web scraping

Shopping cart key

Is your e-commerce enterprise leveraging the power of external data to enhance decision-making, maximize profits, and expand your business? If not, you may be getting left behind.

By providing you with powerful data-powered insights, web scraping can give your business a significant advantage to help you outperform the competition, produce better products, and provide superior customer service.

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Manufacturers should now turn the pandemic response into a post-pandemic strategy

Covid-19 has, of course, had an immense impact on health, society, industry, and economies. Just three months before the first wave started to rapidly sweep the globe in 2020, it had practically never been heard of. Yet as soon as it emerged, entire industries were shut down while others were severely disrupted. Workers on mass were directed by governments not to travel or to work from home wherever possible, and those that had underlying health conditions were forced to self-isolate. It felt like the world as we knew it was turned upside down overnight. Businesses had no experience of such calamity, nor had they any contingency plans that came anywhere close to being adequate. The rule books were simply torn up overnight.

Most businesses had to adapt on the fly, and rapidly. Every day felt like another firefighting day, and as soon as the fires were out, along came the next wave or variant. As a result, manufacturers had to rapidly change their operations in response to supply and demand chain volatility or workforce availability. Changes to technology platforms to support remote workers had to be implemented in weeks, if not days. There was no time for proper planning, feasibility studies, risk assessments, or preparing a detailed business case with return on investment projections. Change simply had to just happen quickly.

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Utilizing objective data to provide equitable student support

We’ve all heard the term leveling up, but what does it really mean for higher education? To me, it simply means getting everyone up to the same level, right? 

But when it comes to government policy, the idea that through effort and application we can rise to the top is the very antithesis of fair equity -- a lofty ambition of jobs, boosting productivity in places of previous decline and limit any degeneration. 

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How to deal with the carbon footprint from data centers

Environmental concerns are top of every business' agenda these days. We all know about reducing our carbon footprint. You may think your business is moving towards a greener future by reducing paper use and switching to email. However, we must remember that technology isn't carbon-free, and it isn't only your own electricity usage that counts. We need to consider data centers too.

When we use the internet or email, we don't usually think about the framework that supports it. Data centers are usually built away from highly populated areas, so most people never see one. However, data centers consume huge amounts of electricity. So how can we address the carbon footprint of these centers through a sustainable business strategy? Read on to find out.

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Three technological solutions that have reshaped modern workplaces

Technology has revolutionized the way we work. From large-scale changes to applications that improve our productivity, we can do more than ever -- and faster too.  

As well as improving customer experience and employee efficiency, we’re also seeing solutions that improve employee experience come into play. After all, employees who are supported in their role and have a good experience at work will be more loyal. Here, we delve into the latest digital solutions that are improving the employee experience.

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As secondhand mobile phone sales surge, here's how buyers can protect themselves from scams

The second-hand device market has been on a tear over the past few years as a growing number of consumers opt for pre-owned mobile phones over brand new. Posting nearly 10 percent  growth in 2020, the market is expected to grow an average of nearly 12 percent  more over the next 2 years, reaching $65 billion by 2024.

Amid this steady uptick, it’s no surprise that purveyors of used devices are also growing fast to meet demand. Most notably, one of the largest used device marketplaces, French-based Back Market, just landed a $510 million Series E investment, launching the company to a $5.7 billion valuation. And Back Market is far from the only game in town. Amazon and eBay are also big players in the $17 billion used device market, in addition to mobile carriers and the device makes themselves, like Apple and Samsung.

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Four dangers of self-diagnosing through the web

With an almost limitless amount of information available to us 24/7, it has become a common practice to turn to Google for answers to ailments. However, while in theory learning more about potential symptoms may help ease a person’s mind, the risk of self-diagnosing looms large. A Statista survey found that 68 percent  of British adults diagnose themselves through the web at least every few months -- if not more regularly.

The issue with self-diagnosis is that it may deter people from visiting a doctor. Without medical expertise, self-diagnosis can often become misdiagnosis. Here we take a look at the key issues with self-diagnosing using the web.

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Protect, speed up and optimize Windows with IObit Advanced SystemCare Ultimate 15

Everyone wants to keep their computer safe and secure their data against the threat posed by viruses and malware. This is something that Microsoft aims to help with by offering Defender as part of Windows, but there are far better options out there. IObit Advanced SystemCare Ultimate 15 is one such comprehensive alternative, and it goes far beyond just being a security tool.

IObit Advanced SystemCare has long been recognized as a leading protection and optimization suite, and with the release of IObit Advanced SystemCare Ultimate 15 things are even more impressive than before. For starters, there is an expanded threat database that means there is protection against a far wider range of viruses and malware than ever before; but it does not end there.

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Embrace geospatial data to better visualize your business

Geospatial data re-contextualizes our entire world. Whether you’re following your maps app to a new place or tracking a parcel, geospatial data helps us to see not just the location of something but its status, travel and any related events -- often in real-time.

A simple detour made by your Uber driver gets you to your destination that much quicker, but it’s the geospatial analytics behind the scenes that work to divert you from a path of building work and tedious traffic. Similarly, geospatial data provides many design and engineering capabilities for imaging and planning functions for construction firms or else can provide census data so the fast-food chain looking to expand can find the perfect site for customer footfall.

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The impact of Brexit on the data center industry

Brexit has had an immeasurable impact on all aspects of UK society, and data centers are no exception. Supply chain continuity has already been damaged, and there is a growing demand for data sovereignty.  

Much of the uncertainty over what Britain’s withdrawal from the EU means for UK data centers still remains, which makes it likely the impact of Brexit will continue to be felt by many in the industry for years to come. Ongoing negotiations and concerns over data relocation leaves open the possibility for new data regulation. This will lead to many data center providers having to take proactive steps to ensure their centers can still transfer data from the EU.

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AI is key to unlocking customer service excellence in 2022

In a world where switching brands is easier than ever before, customer service is increasingly central to maintaining brand loyalty, and how organizations streamline customer interactions will be critical to a successful strategy. In fact, a survey by PwC found that 32 percent of customers would stop doing business with a brand they love after just one poor experience.

This underlines the speed at which customer expectations are evolving. Many are now demanding a near perfect online experience and with more competition than ever before, organizations need to do all they can to ensure they keep customers on side. This is already being achieved with more businesses adopting the correct omnichannel capabilities but it’s imperative they go one step further and provide a service that makes them stand out from the competition. This is where artificial intelligence (AI) comes into play. 

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Predicting product-market compatibility

Completely unique, groundbreaking products are exceedingly rare. Most of us deal with products and services that are slight spin-offs of already existing ones. While I’m sure there is something to be said about creativity here, we’re going to head over to the business-side of things.

On this side of the fence, the similarity between products is beneficial. There’s reason to believe that if a particular product has successfully entered the market, there is a place for its spin-off. Previously we could only know that through business acumen and intuition.

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