Patrick Buckley Thanks to AI, the future of video-conferencing is in sight. Throughout the COVID-19 pandemic, video-conferencing has become the backbone of both our work and social lives. Today, on #WorldHugDay, we take a look at some of the ways in which...
Patrick Buckley How IoT technology is helping candy producers make sweet profits! From chocolate bars to lollipops, gumdrops to Haribos, the confectionary industry is now worth an estimated 210$ billion worldwide. With the industry experiencing strong growth, it is no surprise...
LUCA LUCA partners with Pelephone to bring Big Data services to Israel This week we are thrilled to announce our latest partnership with Pelephone, powering the Israeli telco’s latest product: Smart Data. Set to invest five million shekels in the next...
Óscar Mancebo Movistar Living Apps, a new technological experience in the home The fact that Artificial Intelligence is revolutionising and transforming the telecommunications sector is nothing new. Users, accustomed to dealing with virtual assistants and chatbots, increasingly rely on digital transformation. Anticipating...
LUCA Deep Learning and satellite images to estimate the impact of COVID19 Motivated by the fact that the Coronavirus Disease (COVID-19) pandemic has caused worldwide turmoil in a short period of time since December 2019, we estimate the negative impact of...
LUCA Success Story: LUCA Transit and Highways England The transport industry is very receptive to the application of Big Data and Artificial Intelligence strategies, as there are clear use cases that can maximize a companies’ efficiency and...
LUCA Can Big Data and IOT prevent motorcycle crashes? Most of us are familiar with the dangers involved in driving motorbikes, with motorcyclists being 27 times more likely than passenger car occupants to die in a crash per...
LUCA Case Study: LUCA Store and DK Management, driving footfall and increasing convertion In case you didn’t already know one of the many products from our business portfolio is LUCA Store. This post will take a look at our collaboration with DK...
A closer look at the GRAMMY Awards 2018LUCA 25 January, 2018 Now that January is here, it is time to look forward to one of the year’s standout events, the GRAMMYs 2018. This year, the prestigious event will be held on 28th January with various artists hoping to taste success over a variety of categories. But why are we interested in the GRAMMYs and can data provide us with any useful insights into the nature of the event? The GRAMMYs are separated into a variety of categories including the record of the year, the album of the year and best new artist, just to name a few. There are strong candidates across the board and at times, it can appear near to impossible to make predictions on the winners. This year the likes of Luis Fonsi, Alessia Cara, and Kendrick Lamar are all expected to perform well in their respective categories. However different people with different tastes in music will have different ideas as to who deserves to win. Therefore a deeper analysis of data can help to provide a fairer, rounded opinion. But where will this data come from? Streaming services have grown at a staggering rate in recent times. In 2016 we saw a 60.4% increase in streaming revenue coupled with a 20.5% decrease in download revenue. This demonstrates the shift that we have experienced as more consumers turn to streaming solutions such as Spotify or Apple Music rather than downloading individual tracks. However, the digital music market saw overall growth whilst the physical market saw an overall decline. Although this is a separate trend, once again it demonstrates the strength of the digital music market and in particular the market for streaming which is leading the way. When people stream music, the stream providers are able to extract data about music that the users are listening to, in addition to other key data points such as time, location, duration etc. To demonstrate this, let’s consider Spotify’s related artists section. As a side note, Spotify is believed to have in the region of 70 million paying subscribers in addition to many more free users, which is an extraordinarily large data source. They know the style of content you have been listening to in the past and consequently make judgements on more recommended music. This is Big Data in action. Figure 2 : In addition to the awards, many artists will perform their songs live at the event So when the GRAMMYs come around, large music streaming service providers such as Spotify or Apple Music have the power to make informed predictions as to who will take home the awards. They study the number of streams and the songs with more streams have a greater probability of winning an award. Stream numbers are used here as a gauge of popularity. Music producers and labels alike keep a close eye on this data, attempting to spot trends and get involved as early as possible. Festivals also look to book artists that are ‘trending‘ at the time and this is determined using stream numbers. Lineups are often tailor-made to the market at the time, which is why it feels as if all of your favorite artists are performing at the same event. You are not alone. Here we can see yet another example of how data science is being used in a variety of sectors. Did you expect data science to be revolutionizing the way we listen to music or providing us with a deep analysis of one of 2018’s key events within the music industry? Here at LUCA, we see the Big Data industry growing larger by the day. More areas are becoming involved whether they know it or not and every sector is shifting towards a data-driven approach. Don’t miss out on a single post. Subscribe to LUCA Data Speaks. 5 jobs that you didn’t know used Data ScienceWhich country will lead the race for AI dominace?
LUCA La transformación digital en la gestión del agua, ahora más que nunca Hoy en día mantenemos la incertidumbre de cuándo dispondremos de una vacuna o cuál será el impacto real en la sociedad y en la economía que nos deja esta...
Patrick Buckley Thanks to AI, the future of video-conferencing is in sight. Throughout the COVID-19 pandemic, video-conferencing has become the backbone of both our work and social lives. Today, on #WorldHugDay, we take a look at some of the ways in which...
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LUCA Deep Learning and satellite images to estimate the impact of COVID19 Motivated by the fact that the Coronavirus Disease (COVID-19) pandemic has caused worldwide turmoil in a short period of time since December 2019, we estimate the negative impact of...
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