Tag: big data

How Retailers Are Benefiting from Prescriptive Analytics

Feb 11, 2016 |

With the price transparency wrought by the Internet, retailers are finding it harder to compete. But thanks to big data analytics and machine learning, the smartest stores are gaining better margins by making small changes in their operations, increasingly by way of prescriptive analytics. Since the dawn of the free market, merchants have fretted about setting prices. The invisible hand of the market naturally works to balance prices with supply and demand, but the mechanism works slowly, enabling merchants to Read more…

Tumultuous Times for BI and Analytic Tool Vendors

Feb 10, 2016 |

My, what a week it was for business intelligence (BI) and analytic tools. First, industry darling Tableau Software (NYSE: DATA) lost half its market capitalization following earnings that disappointed Wall Street, which quickly punished competitors Qlik (NASDAQ: QLIK) and MicroStrategy (NASDAQ: MSTR). Gartner then added fuel to the fire by issuing a report finding more competition than ever in the space, thanks to the arrival of a tipping point in the drive to self-service tooling. The balance of power in Read more…

Big Data and the Race To Be President

Feb 9, 2016 |

The U.S. presidential election is nine months away, and the race is still wide open. Just about anything could happen between now and November 8, and probably will. But one thing is clear: The winner will have a very good big data analytics strategy. Americans got their first taste of how big data analytics and social media could impact a political race in 2008, when Barack Obama’s campaign team wielded the combination to great effect. Four years later the Obama campaign Read more…

How Super Bowl 50 Will Feed Our Super Appetite…for Data

Feb 5, 2016 |

The Super Bowl is a lot of things to a lot of people. It’s the championship game for the National Football League, a showcase for clever ads from Madison Avenue, and for the rest of us, an excuse to splurge on food and drink. But the game is also a big test for the IT professionals tasked with keeping up with ever-increasing demands for data. On Sunday, more than 72,000 people are expected to cram into Levi’s Stadium in Santa Read more…

Apache Spark Surrounded By Cloud Data Services at IBM

Feb 4, 2016 |

IBM has made no secret about its admiration for Apache Spark, which it sees as the future for in-memory analytics. Today the IT giant unveiled a host of new cloud-based data services that bolsters its hosted Apache Spark business with NoSQL, graph, and machine learning capabilities. IBM added a number of new offerings to Cloud Data Services, which is a portfolio of more than two dozen database engines and related data-oriented services that it runs for customers as part of Read more…

Hadoop’s Second Decade: Where Do We Go From Here?

Feb 2, 2016 |

As we reported last week, the first Hadoop cluster went online at Yahoo 10 years ago. The platform has enjoyed phenomenal, if improbable, growth since then. But where does it go from here? Once again, we tapped the knowledge of Hadoop creator Doug Cutting and other experts in the big data industry to get the low down on the high technology. Cutting, who is the chief architect at commercial Hadoop pioneer Cloudera, sees the loose confederation of open source projects Read more…

Happy Birthday, Hadoop: Celebrating 10 Years of Improbable Growth

Jan 28, 2016 |

It’s hard to believe, but the first Hadoop cluster went into production at Yahoo 10 years ago today. What began as an experiment in distributed computing for an Internet search engine has turned into a global phenomenon and a focal point for a big data ecosystem driving billions in spending. Here are some thoughts on the big yellow elephant’s milestone from the people involved in Hadoop’s early days. Hadoop’s story started before January 2006, of course. In the early 2000s, Doug Read more…

Finding Your Way in the New Data Economy

Jan 25, 2016 |

In big data analytics today, the goal is to capture, cleanse, and analyze as much data as possible. The leading practitioners are blending dozens of external sources with their own data sets, maybe more. But in the emerging data economy, you’ll not only be tapping into a pool of available data that’s exponentially larger, but you’ll be contributing your data to it as well. There is so much activity underway in the data and analytic space at the moment that Read more…

Connected Assets, Big Data and Better Decision-Making

Jan 25, 2016 |

New power does not come from data itself, but from the evolution of connectivity. First we connected computers, then we connected 2.3 billion people annually and then we connected sensors and machines. There is no doubt that our lives as humans are evolving. New technologies, including everything from our refrigerators and Fitbits to our cars and drones, have a huge impact on our lives. But they also have an even bigger ability to impact our business operations. Ninety percent of Read more…

Protecting Data Integrity Against the New Cyber Threat

Jan 25, 2016 |

Cyberattacks are increasing in frequency and their impact can be immense. Considering the financial effect that a major data breach can have on a company, information security has become a critical function for reducing the risk and the potential impact of these incidents. The growth of Big Data and petabyte-scale data storage, new open source database and distribution schemes like Hadoop and NoSQL, and the increasing adoption of cloud services by enterprises further complicate the data security challenge. While it’s Read more…