10Fold – Big Data Business Insights – 37

Your daily digest of “All Things Big Data” gathered, collected and researched by your very own 10Fold Big Data Practice team.

Big Data

10 FOLD ICON 15x15 Over the last couple weeks big data has made a big impression over the medical industry. This week, president Obama promoted expansive medical data is the key for future cures. “My hope is that this becomes the foundation, the architecture whereby 10 years from now, we can look back and say that we have revolutionized medicine in areas like cancer or Alzheimer’s or some of the diseases that caused so much pain and suffering for so many families across the country,” Obama told medical professionals Thursday at the Precision Medicine Initiative Summit at the White House. Its his hope that the medical industry can utilize big data to accelerate medical data more rapidly.

10 FOLD ICON 15x15  IoT was a large topic at both the Consumer Electronics show in Las Vegas earlier this year, as well as this week’s Mobile World Congress in Barcelona. With overloads of smart kitchens, smart cars, smart clothes, smart shoes and more- there has been a lot of discussion about the future of IoT and 5G. 5G is currently trending with its ability to support hundreds of thousands of connections for massive sensor deployments. 5G is predicted to happen before 2020 with a large demand for it already.

IOT Is The Killer App For Big Data – Forbes

Obama: ‘Big Data’ Medical Research Is Key to Future Cures – The Blaze

IoT

10 FOLD ICON 15x15 IoT was a large topic at both the Consumer Electronics show in Las Vegas earlier this year, as well as this week’s Mobile World Congress in Barcelona. With overloads of smart kitchens, smart cars, smart clothes, smart shoes and more- there has been a lot of discussion about the future of IoT and 5G. 5G is currently trending with its ability to support hundreds of thousands of connections for massive sensor deployments. 5G is predicted to happen before 2020 with a large demand for it already.

10 FOLD ICON 15x15 Mobile World Congress has generated more eye-catching business technology this week, especially IoT devices. PCMag has put together the memorable features from the show including multiple IoT wearables. IoT Journal has also put together an article about all the major announcements at MWC – including telecom companies, Ericcson, Telular, and more.

This week’s 5G buzz indicates IoT is finally kick-starting – VentureBeat

The Most Eye-Catching Business Tech at MWC 2016 – PCMag

IoT News from Mobile World Congress – IoT Journal

eCommerce

10 FOLD ICON 15x15 eCommerce has a number of advantages over traditional retail. However, it lacks a competitive advantage in one glaring area. Whereas online products must be viewed through the screen of a device, in-store products can be touched and held. While eCommerce businesses can’t let customers physically interact with products, they can do the next best thing: provide them with immersive video content. Social Video increases conversions with better penetration, integrating CTAs, conducive to shorter content, consumer acceptance, and increases ability to boost content.

The Role of Social Video Marketing in eCommerce Sales – Huffington Post

Network Function Virtualization

10 FOLD ICON 15x15 Cisco has hopped on board announcing an NFV solution built out of Cisco UCS Servers, Nexus switches, and a “hardened and automated” version of RedHat OpenStack. Other companies with NFV announcements include: Cavium, Kontron (A German based company), and ETSI.  

NFV players push their wares to mobile operators at MWC – The Register