The concept of “Big Data” may conjure up images of a distant future where intelligent databases make predictions that dictate how we work and live. But that future may be far closer than you think. A wide range of industries have already adopted Big Data advancements, and the legal space is poised to adopt predictive technologies that facilitate critical processes such as discovery, venue selection and case strategy.
While the Big Data revolution is being driven by multiple factors, upstarts like Cambridge Semantics play a key role in making the lofty inner workings of such platforms applicable to business needs. The company has helped many organizations implement solutions that use intelligent data systems to help make strategic business decisions. Marty Loughlin, vice president of Cambridge Semantics’ financial services, says that applying Big Data more broadly is a challenge of getting different types of data to play well together.
