Big Data • Big Analytics • Big Insight

Sectors » Retail

Features

Graph Analytics Startup Has Roots in IBM Watson

Oct 22, 2014 |

IBM Watson’s 2011 victory on Jeopordy! was a watershed moment for artificial intelligence and ushered in a new age of cognitive computing for big data. But as powerful as Watson is with natural language processing, it’s limited in the types of data and analytics it can perform. Today, a group of former IBMers led by the founder of Watson Labs formally unveiled Cognitive Scale, a big data startup that’s building upon Watson with the power of graph analytics. Cognitive Scale Read more…

What You May Have Missed at Strata + Hadoop World 2014

Oct 21, 2014 |

Talk about information overload. If you were one of the lucky 5,000 to attend the Strata + Hadoop World conference last week, then you were subject to a marathon session of big data keynotes delivered continually for the better part of two days. It’s understandable that you missed out on some of the big data news announced at the show, including Cray’s new Hadoop appliance, or the latest tools from Revolution Analytics and Tableau. Don’t worry: We’ll get you back Read more…

Congratulations Hadoop, You Made It–Now Disappear

Oct 20, 2014 |

Hadoop has matured at a rapid rate since it broke into the mainstream several years ago. With billions in venture funding, an eager community of developers, and a thriving ISV community, the open source big data platform seems poised to take a big step into the wider enterprise. But according to Cloudera’s chief strategy officer Mike Olson, Hadoop’s next big move may be to just disappear. Olson predicted Hadoop’s disappearance during a keynote address at last week’s Strata + Hadoop Read more…

A Storyboard Approach to Big Data Insights

Oct 17, 2014 |

Big data by itself is just a worthless collection of numbers and characters. To make big data work, you need to show how the information is meaningful. Taking a storytelling approach to analytics is one way to put big data in context. One of the analytics vendors that’s well-versed in telling data-driven stories is ClearStory Data, which develops a Hadoop-based application that lets users explore big-data feeds, find relevant insights, and share them with others. ClearStory is one of the Read more…

Hadoop ISVs Break Away from MapReduce, Embrace Spark, In-Memory Processing

Oct 16, 2014 |

Big data analytic software vendors who run on Hadoop are increasingly replacing their MapReduce engines with Apache Spark and other in-memory analytic engines as the runtime of choice. Many of these next-gen Hadoop vendors are showcasing their upgraded goods at this week’s Strata + Hadoop World conference. One of the Hadoop vendors making the move to Spark is Platfora, which unveiled a new version of its Big Data Analytics offering during the first day of the Strata + Hadoop World Read more…

News In Brief

Execs Go With Their Guts Until Data Improves

Oct 24, 2014 |

When it comes to appreciating the value of big data and analytics, seeing is apparently believing. That’s among the key findings of a recent data and analytics survey of 1,135 senior executives from industries ranging from energy to transportation released by market researcher PwC, better known as PricewaterhouseCoopers. The data analytics survey sought to define the role played by data and analytics in what the survey dubbed “big decision making,” or “the most significant decisions about the strategic direction of Read more…

Machine Learning Gets a Boost from Google

Oct 23, 2014 |

Search giant Google announced a partnership with Oxford University researchers that will target artificial intelligence applications such as image recognition and natural language understanding. Google said U.K. researchers with its recently acquired DeepMind initiative would work with Oxford AI specialists who earlier this year cofounded Dark Blue Labs. The cofounders, Nando de Freitas, Phil Blunson, Edward Grefenstette and Karl Moritz Hermann, are considering leading experts in the use of “deep learning” for machine understanding of natural language. The researchers “will Read more…

Survey: Mega-Vendors Still Dominate Database Management Market

Oct 22, 2014 |

Industry analyst Gartner’s “Magic Quadrant” survey of the operational database management systems market found a widening gap between market leaders and niche players, identifying only one “challenger,” MongoDB, and a handful of “visionary” DBMS companies. The latter category, according to the annual Gartner survey, includes DataStax, Couchbase and Aerospike, in that order. Heavy hitters Oracle, Microsoft, SAP and IBM continue to dominate the data base management market with four others trying to keep pace among the industry leaders: Intersystems, EnterpriseDB, Read more…

Israeli Startup Looks to Ease Hadoop Rollouts

Oct 20, 2014 |

An Israeli big data processing startup said this week it has secured $3 million in early-round funding and will launch its Hadoop-based platform in the U.S. Tel Aviv-based Xplenty announced Oct. 20 the Series A funding from Waarde Capital and existing seed investor Magma Venture Partners. The funding will be used to expand platform features on its cloud-based processing engine while the company expands globally. Xplenty also announced plans to offer its big data processing technology directly to U.S. customers. Read more…

Predixion Update Seeks to Ease Analytics Deployment

Oct 16, 2014 |

Continuing a trend toward easing the deployment of analytics while expanding access beyond data analysts to decision makers, analytics vendor Predixion Software has released the latest version of its predictive analytics platform. Predixion, San Juan Capistrano, Calif., said Oct. 15 version 4.0 of its “Insight” platform aims to expand access to predictive analytics to a range of production environments in vertical markets like health care and financial services. The company specializes in the “last mile of analytics,” that is, delivering Read more…

This Just In

MongoDB Selected by MyDealerLot to Power Cloud-Based Applications

Sep 17, 2014 |

Sept. 17 — MyDealerLot (MDL), the country’s leading provider of Radio Frequency Identification (RFID) technologies for the retail automotive market, uses MongoDB to power its cloud-based applications. The retail automotive industry has shifted: instead of making money on the front end of the sale, dealers now get paid varying percentages from the manufacturer based on results of Customer Satisfaction Index (CSI) scores. No longer is it sufficient to simply sell a car; today, financial benefit hinges on the customer experience. Read more…

Tresata Releases TREE 3.3

Jun 5, 2014 |

CHARLOTTE, N.C., June 5 — Tresata announced the release of TREE 3.3, its third generation of its most successful software application that has been used by both financial services and retail industry giants to integrate disparate datasets in Hadoop at a segment of one. TREE is the only 100% Hadoop-powered software application that collects, curates and collapses multiple datasets ranging from transactional data, market data, customer service data and social network data and is able to resolve all critical variables to a Read more…

Hadoop Market Expected to Reach 20.9 Billion by 2018

Jan 3, 2014 |

According to a new market report published by Transparency Market Research “Hadoop Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2012- 2018,” the global Hadoop market was worth USD 1.5 billion in 2012 and is expected to reach USD 20.9 billion in 2018, growing at a CAGR of 54.7% from 2012 to 2018.