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Big Data Outliers: Friend or Foe?

Sep 2, 2014 |

The bigger your dataset, the greater your chance of stumbling into an outlier. It’s practically a certainty you’ll find isolated, unexpected, and possibly bizarre data you never expected to see in your data. But how you respond to these outliers could mean the difference between big data success and failure. How should you deal with data outliers? The answer is simple: It depends. On the one hand, the presence of outliers may be a sign of serious data quality issues, Read more…

What Exactly Is Big Data, If It’s Neither About Big Nor Data?

Aug 29, 2014 |

Many people ask us why there doesn’t seem to be an accepted definition for Big Data in view of the massive press it receives. And given the amount of marketing effort expended by the global IT vendors who are targeting this bandwagon (and the venture-funded start-ups) they can be forgiven for being confused. Just as most consumer marketing – curiously – is focused on adolescent buyers with a fraction of the purchasing power of their parents and grandparents, so it Read more…

Who IBM’s Server Group Turns To for Machine Data Analytics

Aug 28, 2014 |

IBM’s engineering prowess is second to none, and its Systems and Technology Group builds the computers that run the world’s biggest companies. But when IBM’s STG unit went looking for a way to predict failures by analyzing log data returned by its customers’ servers and storage arrays, it looked externally to a little-known machine data analytics startup from Santa Clara. Glassbeam got its start five years ago, before the Internet of Things (IOT) became the industry’s hottest buzzword and out-hyped Read more…

Are Meetings a Waste of Time? Data Analytics Weighs In

Aug 27, 2014 |

Have you ever wondered whether big meetings are a giant waste of everybody’s time? Now a data analytics startup named VoloMetrix is putting data science to that age-old question, and the answers it’s generating might surprise you. In most industries, the cost of human capital is the most expensive line item on the annual budget (the oil and gas business is one exception). The salaries and benefits that companies pay their workers routinely account for 50 to 70 percent of Read more…

Most Hyped Tech: Big Data Out, IoT In

Aug 20, 2014 |

The Internet of Things (IoT) has displaced big data as the most hyped emerging technology according to the latest release of Gartner’s Hype Cycle. Big data’s drop into the “Trough of Disillusionment” and the IoT’s rise to the “Peak of Inflated Expectations” indicate continued evolution of these related concepts, but are reminders that these are early days for both, and the claims of salesmen may not match reality. For the past two years, the hype surrounding big data has been Read more…

News In Brief

Big Data Gets Green Light for Traffic Management

Sep 2, 2014 |

Traffic management in the United States often focuses on maximizing limited capacity. For example, a truck breaks down in the center lane during the morning rush hour. For the drivers behind the broken down truck, traffic capacity on a three-lane expressway just dropped by at least one-third. It is unlikely that traffic capacity will increase in the United States since most jurisdictions are having a hard time finding the money to maintain existing roads, bridges and tunnels. Adding signaling smarts Read more…

Performance Analytics Tackles Sports Injuries

Aug 25, 2014 |

In the human demolition derby known as the National Football League, season-ending, often career-threatening, injuries are already piling up like lineman on a loose football. And it’s only preseason! An injury to a star player—the St. Louis Rams lost their starting quarterback Sam Bradford to his second torn ACL in as many years over the weekend—can ruin a team’s season before it begins. That translates into empty seats in stadiums, lost revenues from missing the playoffs and potentially years of Read more…

Automakers Embrace Predictive Analytics to Boost Sales

Aug 20, 2014 |

The use of predictive analytics to discern consumer preferences is expanding to car dealerships where manufacturers led by Ford Motor Co. are trying to convince local dealers that big data can help them reduce the number of days cars sit unsold on their lots. While some dealers are resisting new analytical tools like Ford’s Smart Inventory Management System rolled out in 2009, industry analysts recently told the publication Automotive News that predictive analytics could help save dealerships $100 or more Read more…

Health Tracker Said to Spot Ebola Outbreak Before WHO

Aug 11, 2014 |

HealthMap, a web-based utility and algorithm used by public health agencies and others to track disease outbreaks and deliver real-time intelligence about emerging infectious diseases, may have spotted the Ebola outbreak in West Africa days before it was officially revealed. The web site PublicHealthWatch reported on August 10 that the HealthMap algorithm flagged a “mystery hemorrhagic fever” in forested areas of southeastern Guinea nine days before the World Heath Organization (WHO) announced the Ebola epidemic. HealthMap tracks thousands of government Read more…

Hospitals Use Predictive Analytics to Allocate Resources

Aug 7, 2014 |

Data analytics continues to make inroads in the efficient allocation of expensive healthcare resources. Among the latest examples is the use of predictive analytics at a Texas hospital that has helped reduce its 30-day readmission rate for heart failure patients by nearly half. Meanwhile, other efforts around the nation are designed to reduce initial hospitalization and readmission. Observers note that analytics is gradually moving from the administrative to the clinical side of healthcare delivery. At either end, big data tools Read more…

This Just In

RapidMiner World Conference Concludes

Aug 25, 2014 |

BOSTON, Mass., Aug. 25 — Pioneering predictive analytics leader RapidMiner last week concluded its RapidMiner World conference, which brought together over 100 RapidMiner users and other data analytics industry experts from around the globe. The four-day conference, which took place from August 18 – 21 in Boston, explored the latest in predictive analytics, data mining, and the future of RapidMiner. With practical use cases and industry discussions, RapidMiner World attracted a wide-range of participants, ranging in skill-level and company role. In this inaugural U.S. Read more…

Beta Release of RapidMiner Cloud Announced

Aug 19, 2014 |

BOSTON, Mass., Aug. 19 — Pioneering predictive analytics leader RapidMiner today announced the beta release of RapidMiner Cloud, which allows businesses to deploy analytics in the cloud with the ease of a single button. RapidMiner Cloud easily integrates more than 300 leading cloud data sources including Amazon S3, Dropbox, Salesforce.com, Twitter, and many other cloud applications to power high value predictive insights and actions. RapidMiner World attendees will witness the first public demonstrations of RapidMiner Cloud this week during the user conference in Boston. Read more…

SAS to Build Cloud-Based Big Data Analytics Platform for Dignity Health

Aug 19, 2014 |

CARY, N.C., Aug. 19 – Business analytics leader SAS and Dignity Health, one of the largest health systems in the US, are joining forces to use big data and predictive analytics to transform the way patients receive care. The Dignity Health-SAS collaboration will create a cloud-based, big data platform powered by a library of clinical, social and behavioral analytics. These analytics will help doctors, nurses and other health care providers better understand each patient and tailor care to improve health while reducing costs. Read more…

Pentaho Introduces Streamlined Data Refinery for HP Vertica

Aug 11, 2014 |

BOSTON, Mass., Aug. 11 – Delivering the future of analytics, Pentaho Corporation today announced the Streamlined Data Refinery solution architecture, optimized for the HP Vertica Analytics Platform. With a Streamlined Data Refinery, organizations can create analytic datasets within Hadoop and immediately push that data to HP Vertica, for fast and highly interactive analytics. With the combined Pentaho and HP Vertica solution, customers can unlock their investment in Hadoop to blend, explore, analyze, and visualize all of their data at scale with exceptional Read more…

IBM to Deliver New Cloud-Based Offerings

Aug 4, 2014 |

NEW YORK, N.Y., Aug. 4 – IBM today announced new cloud-based solutions and a Talent and Change consulting practice to enable organizations to use analytics and workforce science to identify top talent, deepen employee engagement and manage transformational change to provide differentiated client experiences. The new offerings are delivered through IBM’s Smarter Workforce initiative and draw upon the company’s 25 years of workforce science expertise, a discipline that helps clients apply proven behavioral science, statistical analysis and psychological principles to improve employee engagement and organizational performance.  In tandem with Read more…