Tag: analytics

If You’re Missing Fast Data, Big Data Isn’t Working for You

Aug 19, 2014 |

Big Data analytics are all the rage. There is little doubt some great things can be accomplished when an organization takes to mining its data to produce meaningful change in the business. Yet, 64 percent of enterprises that invest in Big Data projects struggle to unlock the value of their Big Data insights, according to analyst firm Gartner. A recent survey on Big Data by my company revealed that 72 percent of respondents could not utilize the majority of the Read more…

Cloud Era Rising for Analytics?

Aug 19, 2014 |

Big organizations have traditionally run analytics on-site, for a number of reasons, including data security concerns. But the rise of flexible cloud deployment models and the rapid pace of product development are helping cloud offerings to chip away at on-site deployments, especially for analyzing data that originates in the cloud. The IT world has not been the same since Amazon Web Services first took to the Net way back in 2006. Suddenly, a business of any size had an easy Read more…

How a Top Ad Firm Stopped Fearing Big Data and Learned to Love Analytics

Aug 18, 2014 |

Competition in the $500-billion global advertising industry is brutal, and ad firms that fail to deliver are quickly shown the door by their clients. But in this age of big data analytics, delivering results is not enough, as clients increasingly demand to know exactly how their media buys boosted demand. As the sixth largest media buying and marketing firm in the world, Havas Media has created and executed print, online, display, and TV advertising strategies for some of the world’s Read more…

Five Ways CDOs Turn Data into Dollars

Aug 7, 2014 |

The number of people in the C-suite has grown, often including the addition of the Chief Data Officer. If an organization doesn’t have one yet, it likely will soon. By one estimate, roughly 25 percent of all global corporations will have CDOs by 2015. The CDO is the visionary behind a company’s overall data strategy and responsible for the integrity and security of the data, as well as its monetization. The title may seem faddish, but it’s not. In fact, Read more…

Dremel Builder Gets $7M for SQL-Based Supertool

Aug 5, 2014 |

Big data startup Metanautix emerged from stealth mode today by announcing a $7-million round of venture funding to further development of a SQL-based power tool. Led by the former Google engineer who headed the development of Dremel, the company aims to dissolve product and technology barriers by “re-imagining” SQL at the heart of an emerging big data supply chain. SQL is enjoying a renaissance as the big data boom continues to reverberate throughout the IT and business sectors. While emerging Read more…

How Spark Helps ClearStory Achieve Data Harmony

Jul 28, 2014 |

When the folks at ClearStory Data set out to build a big data harmonization tool that could automatically converge diverse data streams into a single coherent view for analysis, they figured they’d have to develop much of the underlying technology themselves. Then they heard of the Apache Spark project at Cal Berkeley’s AMPlab, and the rest, as they say, is history. ClearStory Data was founded several years ago by two high-tech veterans, Sharmila Mulligan and Vaibhav Nivargi, with the idea Read more…

FDA Mines Billing Data for Drug Interaction Insight

Jul 22, 2014 |

The Food and Drug Administration is five years into a pilot program aimed at identifying hazardous drug interactions by mining the medical billing records of millions of Americans. The program, dubbed Mini-Sentinel, is a creative application of big data technologies that has the potential to improve people’s lives. The FDA started funding the Mini-Sentinel project in 2009 with the goal of coming up a better way to monitor for unintended side effects of prescription drugs. It’s impossible to eliminate all Read more…

For Esri, Analytics All About Location, Location, Location

Jul 18, 2014 |

Certain analytic tools excel at manipulating with certain types of data. When it comes to data with a geographic bent, there may be no more influential vendor than Esri, a Southern California company that has quietly gobbled up a majority share of the geographic information systems (GIS) market. But now the company is positioning GIS as powerful way to visualize all types of data. Esri owns anywhere from 40 to 70 percent of the market for GIS software, according to Read more…

Three Ways Big Data is Impacting Financial Services

Jul 9, 2014 |

Companies across industries rely on complicated processes to generate the data they need to drive business. But all too often, these processes are slow and are limited by storage capacity.  Today, many companies in the financial services industry are tapping into the power of big data analytics to help them overcome these challenges. Big data is helping companies in the financial services industry in a variety of ways. For starters, it gives them more space for gathering and storing data. Read more…

Want Net-New Revenue? Get Your Big Data Analytics to Go Real Time

Jul 1, 2014 |

Data volumes have been growing for decades, and that’s not slowing down any time soon. According to an IDG survey, it’s expected to increase 76 percent within the next 12-18 months. From the C-suite, big data first looked like just the same ol’ data, only more of it. And while growth in data volumes has its challenges, solving data management issues isn’t something to make CEOs hearts race–they’re happy to let IT take care of it. But now, with the Read more…