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Samsung Seeks Sharper Data Analysis – Goverment raises focus on big data education

December 13, 2013 /

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Samsung Electronics Co.005930.SE -1.42% said it will establish a new team in charge of analyzing big pools of data that will be used internally to better predict future trends and moves.

Without going into detail, the company said the team will serve as a control tower for the company’s various business divisions and aims to provide forecasts and information for internal use on the latest market and customer trends.

It hopes this new team will help foresee "the course of future businesses."

On the same day, prior to Samsung’s announcement, the South Korean government said it plans to nurture professionals in the field of big data, in a bid to boost the country’s productivity.

By
Min-Jeong Lee

Full Story: http://blogs.wsj.com/digits/2013/12/13/samsung-seeks-sharper-data-analysis/?mod=WSJ_hpp_sections_tech