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Spark Just Passed Hadoop in Popularity on the Web–Here’s Why

Nov 21, 2014 |

Interest in Apache Spark surpassed Apache Hadoop for the first time last month, according to Google Trends. While it’s not a definitive statement of Spark’s actual impact on big data processing in the real world, it does indicate the enormous momentum the in-memory analytics software has garnered during a phenomenal run in 2014. As you can see from the Google Trends graphic–which compares the relative popularity of search terms that people enter and prevalence of news articles about given topics–Apache Read more…

Why Twitter Is the Low-Hanging Fruit of Social Analytics

Nov 19, 2014 |

Nobody is mistaking the Twitter fire hose for a crystal ball. But big companies are increasingly turning to Twitter and other social media outlets for a range analytic tasks, from gauging customer sentiment about bendy smartphones to saving costs during product recalls. Corporations have been analyzing social media since it arrived on the scene year ago. But only recently have they figured out how to really make use of it, according to Katherine Matsumoto of Attensity, a big data analytics Read more…

FICO Improves Its Big Data Score with Trio of New Apps

Nov 18, 2014 |

FICO is best known as the company behind the software that calculates credit scores. But in fact the company does a whole lot more, and last week the company flexed its analytics muscles with the unveiling of several new offerings, including a new Hadoop app, a real-time streaming analytics app, and text analytics tool that can mine email and Twitter. The new Big Data Analyzer offering is a native Hadoop application that’s based on the technology FICO obtained with its Read more…

Hortonworks Files for IPO, Will Trade Under ‘HDP’

Nov 10, 2014 |

Hortonworks today announced that it plans to go public on the NASDAQ Global Select Market using the ticker symbol HDP, the name of its flagship product, Hortonworks Data Platform. The Silicon Valley firm did not reveal how much stock it will sell or at what price. But as the first Hadoop distributor with concrete initial public offering (IPO) plans, HDP is sure to grab a lot of attention. Unlike the dot-com boom that last from 1998 to 2000, few, if Read more…

Big Data Breach: Security Concerns Still Shadow Hadoop

Nov 6, 2014 |

Halloween has come and gone, but big scares lurk in the forecast for security officers, who should be frightened to the bone about the prospect of their Hadoop clusters getting hacked. Every week seems to bring news of a major data breach. In just the past two months, Home Depot and Staples have suffered data breaches involving credit card data, while JPMorgan Chase was the victim of a cyber attack. Russian criminals with computer skills get the credit (or the Read more…

News In Brief

CNBC Looks to Scale Market Analytics

Nov 21, 2014 |

CNBC, the cable financial news channel, said this week it is joining forces with market analytics platform developer Kensho Technologies Inc. through a strategic investment and a content sharing agreement aimed at developing a new financial data analytics tool that adds another market ticker to the cable channel’s network feed. Terms of the investment and a separate content sharing deal were not disclosed. The deal is part of a strategic investment in Kensho by CNBC’s parent, NBCUniversal News Group. The Read more…

Teradata Has Hadoop Covered with MapR Partnership

Nov 19, 2014 |

Teradata completed a trifecta of sorts today when it announced a strategic partnership with MapR Technologies. The partnership comes on the heels of similar deals Teradata formed with the two other pure-play Hadoop providers, Cloudera and Hortonworks. But this deal is different insofar as what MapR can bring to the table, the new partners say. As part of the deal, Teradata will become a reseller for all of MapR‘s products and services, which is similar to the reseller deals it Read more…

Hadoop RDBMS Ready for Primetime

Nov 19, 2014 |

Targeting database architects and application developers, Splice Machine Inc. announced general availability this week of its Hadoop database that had been in beta testing since May. The Hadoop relational database management system is designed to reduce the costs of developing real-time applications by, for example, eliminating the need for expensive proprietary hardware. The relational database for operational applications is being positioned as a replacement for Oracle and MySQL databases that might be running out of steam or are becoming too Read more…

Vertica Gets Hadoop Upgrade

Nov 18, 2014 |

An analytics platform unveiled this week by Hewlett-Packard allows access to data residing on a range of Apache Hadoop distributions. HP said Nov. 17 its Vertica for SQL on Hadoop platform provides a pathway to data residing on Apache-based data lakes as well as Cloudera, Hortonworks, MapR or any combination the these Hadoop distributions. The new analytics platform reflects HP’s push to integrate the distributed computing technology for exploring data stored on the Hadoop Distributed File System (HDFS). While large Read more…

Banks Sit on Customer Data as Needs Go Unmet

Nov 13, 2014 |

The nation’s retail banks have a potentially bigger problem than complaints about fees and low interest rates on savings accounts: Despite sitting on a “gold mine” of data, a survey finds that financial institutions use little of this business intelligence to better understand their customers. The inaction compounds a larger problem faced by banks, according to survey results released this week by enterprise data management specialist NGDATA. The survey found that nearly half of respondents rank customer service highest when Read more…

This Just In

Datawatch Reveals Fourth Quarter 2014 Financial Results

Nov 20, 2014 |

CHELMSFORD, Mass., Nov. 20 — Datawatch Corporation, a leading global provider of visual data discovery solutions, today announced that total revenue for its fourth quarter ended September 30, 2014 was $9.05 million, an increase of 3% from revenue of $8.82 million in the fourth quarter a year ago.  License revenue for the fourth quarter of fiscal 2014 was $5.24 million, a decrease of 10% from the $5.80 million recorded in the comparable quarter a year ago. Net loss for the fourth quarter of fiscal 2014 was ($4.87) million, or ($0.44) per diluted share, compared Read more…

Context Relevant Wins Cloudera 5 Certification

Nov 18, 2014 |

Nov. 18 — Context Relevant today announced that it has been certified on Cloudera 5 (CDH5), the latest version of Cloudera’s unified analytic data management platform, Cloudera Enterprise. Built on Apache Hadoop, CDH5 serves as the core of enterprise data hubs globally and is widely regarded as the category leader, setting the standard for Apache Hadoop in the enterprise. As one of the early partners to certify on CDH5, Context Relevant continues to define the next-generation of financial information capabilities Read more…

NetApp Reports Second Quarter 2015 Results

Nov 13, 2014 |

SUNNYVALE, Calif, Nov. 13 — NetApp today reported financial results for the second quarter of fiscal year 2015, ended October 24, 2014. Second Quarter Financial Results Net revenues for the second quarter of fiscal year 2015 were $1.54 billion. GAAP net income for the second quarter of fiscal year 2015 was $160 million, or $0.49 per share,1 compared to GAAP net income of $167 million, or $0.48 per share, for the comparable period of the prior year. Non-GAAP net income for the Read more…

PROS Announces Third Quarter 2014 Financial Results

Nov 7, 2014 |

HOUSTON, Tex., Nov. 7 — PROS Holdings, Inc., a big data software company, today announced financial results for the third quarter ended September 30, 2014. Total non-GAAP revenue for the third quarter of 2014 was $48.7 million and represented an increase of 32% over the third quarter of 2013. CEO Andres Reiner stated, “We are pleased with our strong third quarter results as we continue to execute on our long-term diversified growth strategy. Through the first nine months of the year, we Read more…

Teradata Reports 2014 Third Quarter Results

Nov 6, 2014 |

ATLANTA, Ga., Nov. 6 — Teradata Corp. reported revenue of $667 million for the quarter ended September 30, 2014, versus $666 million reported in the third quarter of 2013. Revenue in the third quarter increased 1 percent when compared in constant currency. Gross margin in the third quarter was 52.5 percent, as reported under U.S. Generally Accepted Accounting Principles (GAAP), versus 53.8 percent in the third quarter of 2013. On a non-GAAP basis, excluding stock-based compensation expense and the other special items described in footnote #2, gross margin was Read more…