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This document contains our general views on the subject and we have used some industry data found on the web and in Wikipedia. Ontology An ontology formally represents knowledge as a hierarchy of concepts within a domain, using a shared…

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A simple analogy. Let’s first imagine a real orchestra. What would it sound like without a conductor — just a lot of annoying noise? By adding a conductor, what was annoying can quickly become very enjoyable. Now we get a bit more techy,…

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Taking a look at the Big Data frenzy one should ask the question, how much of Big Data is actually useful. By applying just a little common sense, we discover that it’s only a small amount. We have been working with data for over 40 years,…

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FIBO is a direct model of all the financial instruments that a bank or trading company might have. The Dodd–Frank Wall Street Reform and Consumer Protection Act was signed into federal law by President Barack Obama on July 21, 2010,…

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We feel that finding the needle in the haystack is the goal, so ensuring that the data you are analyzing has been modeled and filtered is of the utmost importance. Reality check The idea that the combination of predictive algorithms and Big…

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Let's make sure we are all starting from the same baseline as it relates to Ontology and its value. It is important to comprehend that ontology enables knowledge sharing and reuse. In that context, ontology is a specification used to define…

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