TECHNOLOGY
BIG DATA ANALYSIS is an invaluable tool with many companies from finance , logistics and tech harnessing the power of the ’ new oil ’. Even construction is now finding a way of feeding its bottom line from big data analysis – the act of deciphering data to predict and forecast new items and trends .
Now , big data is being used by scientists to predict the location of new , so-far-unknown minerals and by doing so , is reshaping the entire mining landscape …
Big data in practice Along with a team of scientists , Dr Shaunna Morrison from the Carnegie Institution for Science in Washington D . C . is working with the US Geological Survey to unearth new mineral deposits . Using big data network analysis , they are assessing what minerals are already in existence and making predictions to discover what else might be out there , and their work has proven very successful - just a couple of weeks ago they found a new type of cobalt .
16 October 2017