Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
    data analytics
    How Data Analytics Can Help You Construct A Financial Weather Map
    4 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Contextomy No More
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Contextomy No More
Big Data

Contextomy No More

Erica Driver
Erica Driver
4 Min Read
SHARE

If I was to give you a date; November 9th 1989, what would that mean to you? As a date on its own it means nothing.  However,  if I said Berlin November 9th 1989, would it become clearer? That was the date the Berlin Wall was torn down.  I am sure your head is now full of images of people climbing the wall with pick axes as the wall is slowly taken away piece by piece. You may even remember where you were at the time you heard the news.

If I was to give you a date; November 9th 1989, what would that mean to you? As a date on its own it means nothing.  However,  if I said Berlin November 9th 1989, would it become clearer? That was the date the Berlin Wall was torn down.  I am sure your head is now full of images of people climbing the wall with pick axes as the wall is slowly taken away piece by piece. You may even remember where you were at the time you heard the news. In this case just one simple addition of one  item of context provides the association you need to reach understanding.

Information with context removed can also lead to incorrect interpretation.  Take the act of contextomy (quoting out of context). By removing context, a whole sentence can change its meaning. A TV critic from Vanity Fair said of the TV program Lost “the most confusing, asinine, ridiculous —yet somehow addictively awesome — television show of all time.” When this sentence was eventually published by ABC it read “The most addictively awesome television show of all time” — Vanity Fair.

 

LOST.jpg

Further, data in isolation and without context can lead to bad business decisions. If you were to base your purchasing decisions just on sales from the previous month you would be in great danger of either being stuck with unsold stock or paying for warehouse space you don’t need. But if you were to wrap context around that data such as last year’s sales figures or sales of similar products you would be able to make better business decisions.

A lot of the time, this data is available but is scattered around the business in isolated silos and in this form can actually be dangerous because it lacks context. By joining this data together we can extract meaningful information that helps us to drive the business.

For example in the following data model; if you only have sales data, you would not see which products had been sold to this customer, or what sales territory had made the sales.

 

DataModel.jpg

 

Historically to do this you may have had to build an expensive data warehouse or invest time and resources in creating a cube. Now though, QlikView joins together the isolated silos of data dispersed within your company simply.  You have got the entire context you need in one app, and users just need to join the dots.

TAGGED:context
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

Hidden AI, a risk?
Hidden AI, Real Risk: A Governance Roadmap For Mid-Market Organizations
Artificial Intelligence Exclusive Infographic
unusual trading activity
Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
Analytics Exclusive Infographic
Ai agents
AI Agent Trends Shaping Data-Driven Businesses
Artificial Intelligence Exclusive Infographic
Why Businesses Are Using Data to Rethink Office Operations
Why Businesses Are Using Data to Rethink Office Operations
Big Data Exclusive

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

It’s in the Language We Use… Isn’t It?

2 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai chatbot
The Art of Conversation: Enhancing Chatbots with Advanced AI Prompts
Chatbots
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?