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Cast Your Models Into Data Streams and Take Advantage of the IoT

Aug 28, 2015 |

Using data in real-time used to be a challenge. Lengthy extraction, transformation and loading processes make analyzing data an activity more akin to glancing in a rearview window than reading road signs as you pass. And with excitement building around the Internet of Things many just assume that harnessing sensor technology is an IT budget breaker. However, that doesn’t have to be the case. Event stream processing combines high throughput (millions of events per second) and low latency (delays undetectable Read more…

Medical Insight Set to Flow from Semantic Data Lakes

Aug 26, 2015 |

The potential for data analytics to disrupt healthcare delivery is large, and getting larger by the day. But in many cases, the need to hammer data into a structured format creates a barrier to productivity. Now a hospital chain in New York City is hoping to change that by adopting a Hadoop-based semantic data lake. Located in the Bronx, Montefiore Health System is the first hospital to implement a semantic data lake as part of the New York City Clinical Read more…

Hortonworks Boosts Streaming Analytics, IoT Plays with NiFi Deal

Aug 25, 2015 |

Hortonworks today announced a definitive agreement to acquire Onyara, the company behind the data routing and streaming technology called Apache NiFi. The Hadoop heavy also announced NiFi will be the basis for its second major product line, Hortonworks DataFlow, which will underlie real-time streaming analytics and Internet of Things (IoT) applications. The National Security Agency created Apache NiFi eight years ago to address its real-time data collection needs. Short for Niagrafiles (a play on Niagara Falls), the technology was designed Read more…

How Spark Democratizes Analytic Value from Hadoop Lakes

Aug 24, 2015 |

So you’ve installed Hadoop and built a data lake to house all the bits and bytes that your organization previously discarded. So now what? If you follow the advice from industry experts, the next step on your analytics journey is to add Apache Spark to the mix. It’s common for people to confuse Hadoop with analytics, says Rob Thomas, vice president of product development at IBM Analytics. “Hadoop itself doesn’t do analytics,” Thomas tells Datanami. “Hadoop is the data storage Read more…

How NVIDIA Is Unlocking the Potential of GPU-Powered Deep Learning

Aug 20, 2015 |

Companies across nearly all industries are exploring how to use GPU-powered deep learning to extract insights from big data. From self-driving cars and voice-directed phones to disease-detecting mirrors and high-speed securities trading, the potential use cases for the technology are large and expanding by the day. Ever since computer scientist Geoff Hinton decided to try training a neural network on a GPU and did much to help popularize the field of deep neural networks several years back, researchers have been Read more…

News In Brief

Spark 1.5 to Incorporate ‘Tungsten’ Upgrades

Aug 25, 2015 |

A preview release of the Apache Spark open source in-memory processing framework incorporates major performance upgrades, according to Databricks Inc., the big data processing company founded by Spark’s creators. Databricks said Aug. 18 is expects to release Apache Spark 1.5 in a “few weeks,” adding the preview release would allow the Spark community to conduct quality assurance testing. Databricks said Spark 1.5 would focus on “under-the-hood changes to improve Spark’s performance, usability and operational stability.” Included in the latest release Read more…

McKinsey: Hype Understates Value of IoT Data

Aug 24, 2015 |

Growing skepticism in reaction to the endless hype about the Internet of Things has spawned yet another IoT forecast that actually embraces the hoopla by concluding that the “hype may actually understate the full potential of the Internet of Things.” Not usually given to hyperbole, the staid management consultant McKinsey & Co. attributes that assertion to several key findings centered on leveraging the massive amounts of data expected to be generated by the IoT: “Most of the IoT data collected Read more…

Conference Takes Aim at Data Enrichment Challenges

Aug 21, 2015 |

Data scientists who are interested in learning about the latest data enrichment tools and techniques may want to check out the Rich Data Summit, a one-day conference taking place in San Francisco this fall. It’s the first event dedicated to the topic of data enrichment, according to event host CrowdFlower. Companies across all industries are jumping into data analytics and machine learning with the hope of harnessing big data for a competitive advantage. But before they can become data-driven, companies Read more…

Bit Stew, Energy Advisor Partner on Industrial IoT

Aug 6, 2015 |

Consulting firm Blackstone Technology Group, which focuses heavily on the energy sector, is partnering with “software-defined operations” specialist Bit Stew Systems in a bid to extend big data capabilities into global energy and other industrial markets. The partners said their collaboration would help promote adoption of Bit Stew’s analytics platform and other big data applications into the utility along with the oil and gas sectors. That in turn would provide a boost to data analytics targeting the industrial Internet of Read more…

World Economic Forum Eyes Next Google

Aug 5, 2015 |

Big data technology earned a ringing endorsement this week from the World Economic Forum, which identified machine intelligence and other big data technologies as innovative business tools. The Geneva-based forum released a list of “technology pioneers” on Wednesday (Aug. 5) that includes a handful of big data companies in its “information technology” innovation category. Could one the big data innovators emerge as the next Google, which was cited by the forum more than a decade ago? Among them are Ayasdi, Read more…

This Just In

Zementis and IBM Announce Joint Strategic Initiative

Jul 27, 2015 |

SAN DIEGO, Calif., July 27 — Zementis, Inc. and IBM Corporation today announced a joint strategic initiative and corresponding technology solution, “Zementis for IBM z Systems,” designed for companies seeking to optimize business decisions and formulate those decisions faster. The solution seeks to unlock the full potential of an organization’s data assets by integrating predictive analytics capabilities directly into transactional data flows that drive business processes. The joint offering combines Zementis’ solution for high-speed development, deployment and operation of predictive analytics models Read more…

Research and Markets Adds New Predictive Analytics Report to Offering

Jul 2, 2015 |

DUBLIN, Ireland, July 2 — Research and Markets has announced the addition of the “North America Predictive Analytics Market by Application, by Vertical – Analysis & Forecast to 2019” report to their offering. The predictive analytics market in North America was valued at $761.3 million and is expected to reach $2,276.4 million by 2019 at a CAGR of 24.5%. The major driver for this growth is the amount of unstructured data present in the ecosystem. The high volume of unstructured data needs proper analysis Read more…

Prevedére Raises $6.7 Million to Fuel Big Data Predictive Analytics Solution

Jun 30, 2015 |

COLUMBUS, Ohio, June 30 — Prevedére, a leading big data predictive analytics solution, today announced that it has closed a $6.7 million Series A led by PointGuard Ventures. The investment in Prevedére will be used to accelerate go-to-market strategies and product development. Since its founding 2012, Prevedére has seen rapid expansion of its customer base, with 266% year-over-year growth. Prevedére’s patent-pending software helps companies increase profits and outperform competition by identifying and leveraging external economic performance drivers. Ultimately, Prevedére enables its customers to improve forecast Read more…

Razorsight Launches New Cloud-Based Predictive Analytics Offering

Jun 17, 2015 |

SAN FRANCISCO, Calif., June 17 — MapR Technologies, Inc., provider of the top-ranked distribution for Apache Hadoop, announced today at Spark Summit that Razorsight, a provider of cloud-based predictive analytics solutions, is using the MapR Distribution including Hadoop, along with Apache Spark, to take advantage of big data storage and compute.  Razorsight evolved its technology stack with Hadoop from MapR to scale cost effectively and to generate valuable insights using data science and predictive analytics for communications service providers. “We selected MapR for several Read more…

SAP Expands Analytics Portfolio

Jun 16, 2015 |

NICE, France, June 16 — SAP SE today unveiled innovations to its analytics portfolio with the 2.2 version of SAP Predictive Analytics software, now generally available, which extends the power of predictive analytics by enabling customers to get predictive insights on ultra-wide datasets to help make fast and accurate predictions in real time.SAP also introduced a new mobile app, SAP Cloud for Planning. These announcements were made at SAPinsider BI 2015, co-located with SAPinsider Financials 2015 and SAPinsider GRC 2015 and being held June 16–18 in Nice, France. “There is immense, untapped value in data and Read more…