China’s Data Trap, Big Data In Pharma, Digital Lending, Data Age & Addiction, Data & Future, Data Quality

This week, we begin with an article which explores the necessity of defending strategic data in the future to avoid invasive surveillance & falling in China’s data trap. Next, we have a research by GlobalData that suggests the rise in the big data related innovation in pharmaceutical industry & also mentions the innovators for the same. Then, we have a piece on the emergence of digital lending industry, associated risks & the role of data science in evading these risks. Following that, we have a story that talks about the data explosion globally, related privacy issues & our addiction it, which distracts us. Next is an essay about transformation of world due to data generation & how it is helping industries. Lastly, we have an article exploring the issues of data quality arising due to cloud migrations.

How To Avoid Falling Into China’s ‘Data Trap’

Recent prominent data breach incidents, such as hacks of the Office of Personnel Management, airline passenger lists and hotel guest data have made clear how vulnerable both public and private systems remain to espionage and cybercrime. What is less obvious is the way that a foreign adversary or competitor might target data that is less clearly relevant from a national security or espionage perspective. 

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Pharmaceutical Industry Companies Are Increasingly Innovating In Big Data

Research and innovation in big data in the pharmaceutical sector is on the rise. The most recent figures show that the number of big data patent applications in the industry stood at 66 in the three months ending October – up from 64 over the same period last year. Figures for patent grants related to big data followed a different pattern to filings – shrinking from 47 in the three months ending October last year to 25 this year.

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How Development In Data Science Is Making Digital Lending Secure

While the digitisation in India – especially after the demonetisation in November 2016 – has allowed digital footprints of humans accessible from anywhere, the outbreak of the COVID-19 pandemic has accelerated its adoption across industries that were at a nascent stage in the country. With nationwide lockdown and social distancing norms, business sectors are increasingly leveraging the technological innovation to transform traditional sectors and the financial service sector is no longer an exception.

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The Data Age Is Here: Good Or Bad, We’re All Digitally Addicted And There’s No Recovery In Sight

If Madonna penned a new pop song for teens growing up in the Zettabyte Era, she could do worse on the lyric front than: “We are living in a data-rich world, and I am a data-rich girl.” What is a zettabyte? It equals 1,024 exabytes, which is a billion terabytes, or a trillion gigabytes. Expressed with all the zeros, a zettabyte is 1,000,000,000,000,000,000,000 bytes — phew.

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Data – What Is Stored For The Future?

Back in the 1990s, it was not even in the wild imagination that one fine day technology would take over everything including business, education, industries, politics and even personal space. Since the evolution of mankind, curiosity to understand the behaviour of people has always been a daunting task. Many scholars and scientists have tried to explain in their own way but never completely able to define it. The historical inscriptions and literary sources try to explain about many well known personalities of different times.

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The Hidden Cost Of Cloud Migrations: Are You Sacrificing Data Quality In The Move?

Huge swaths of the global economy are embracing data-driven strategies to cut costs and drive growth. Those efforts often go hand-in hand with digital transformation and cloud migration initiatives. Cloud computing has increasingly become a central component of mission-critical enterprise systems, encompassing everything from backup and recovery to customer-facing applications, proving Marc Andreessen’s famous assertion about “software eating the world” (paywall). 

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