Sectors » Financial Services


Streaming Analytics Picks Up Where Hadoop Lakes Leave Off

Mar 27, 2017 |

If phase one of the big data boom was store as much data as your lake will hold, phase two will be about extracting information from the data as quickly as you can. Read more…

Big Data’s Relentless Pace Exposes Old Tensions and New Risks in the Enterprise

Mar 22, 2017 |

Over the past two weeks, we’ve explored some of the difficulties that enterprises have experienced in trying to adopt the Hadoop stack of big data technologies. One area that demands further attention is how the rapid pace of development of open source data science technology in general, and the new business opportunities it unlocks, is simultaneously exposing old fault lines between business and IT while opening them to new risks. Read more…

How Next-Gen Analytics Will Impact Customer Interactions

Mar 21, 2017 |

In 2000, Peter Lyman and Hal R. Varian carried out the first study of its kind, aiming to find out, in computer storage terms, how much original data was created globally in one year. Read more…

Hadoop at Strata: Not Exactly ‘Failure,’ But It Is Complicated

Mar 20, 2017 |

Has Hadoop failed to deliver the goods? That was a question on the minds of Strata + Hadoop World attendees last week, with opinions expressed both pro and con. Regardless of your stance on that question, it’s clear that the center of gravity has moved beyond the yellow elephant. Read more…

Cloudera Gives Data Scientists a New Workbench

Mar 14, 2017 |

Data scientists will get the flexibility of a data science notebook with the security and governance of a locked-down Hadoop cluster through the Data Science Workbench, a new Web-based unveiled by Cloudera today at the Strata + Hadoop World conference. Read more…

News In Brief

Cloud-Based Analytics Shift Gains Momentum

Mar 23, 2017 |

In the abbreviated version of the precipitation cycle many of us memorized in high school science class, moisture evaporates to forms clouds. Much the same appears to be happening with big data as an up-and-coming business intelligence vendor claims to have uploaded more than 25 petabytes of data to its analytics platform in the cloud. Read more…

Survey: Analytics Underused For Rules Compliance

Mar 21, 2017 |

Compliance with data governance regulations is expected to become more complex as the Trump administration rolls out regulatory changes. As data governance rules grow in complexity, however, the consulting firm KPMG warns in a new survey that data and analytics tools are not being leveraged as a way to prepare for the regulatory upheaval. Read more…

Intel Moves Data Closer to CPU With Xpoint SSD

Mar 20, 2017 |

Intel Corp. has begun shipping new storage drives based on its 3-D XPoint non-volatile memory technology as it targets data-driven workloads.

Intel’s new Optane solid-state drives, designated P4800X, seek to combine the attributes of memory and storage in the same device. Read more…

DataOps Dominates Strata Startup Winners

Mar 17, 2017 |

The top big data startups at this year’s Strata + Hadoop World conference include data platform specialists along with an analytics startup focused on the gaming industry.

The winner of this year’s Startup Showcase was Nexla Inc., developers of a platform that leverages machine learning to automate data operations. Read more…

Data Platform Speeds Model Deployment

Mar 17, 2017 |

Data science platform startup Domino Data Lab, which launched its first product in 2014, rolled out its first upgrade this week designed to speed the deployment of predictive and other models along with the addition of an underlying model deployment architecture based on the Kubernetes cluster orchestrator. Read more…

This Just In

Cloudera Selected by mBank to Manage Big Data Demands

Mar 8, 2017 |

PALO ALTO, Calif., March 8 — Cloudera, the provider of the leading global platform for machine learning and advanced analytics built on the latest open source technologies, today announced that the fourth largest bank in Poland, mBank, has selected Cloudera to manage the company’s big data demands. Read more…

Splunk Announces Fourth Quarter and Full Year 2017 Financial Results

Feb 24, 2017 |

SAN FRANCISCO, Calif., Feb. 24 — Splunk Inc. (NASDAQ: SPLK), provider of the leading software platform for real-time Operational Intelligence, has announced results for its fiscal fourth quarter and full year ended January 31, 2017. Read more…

SlamData Secures $6.7M in Series A Funding

Feb 23, 2017 |

BOULDER, Colo., Feb. 23 — SlamData Inc., the leading open source analytics company for modern unstructured data today announced that it has raised a $6.7M Series A funding round, led by Shasta Ventures. Read more…

JuliaPro Featured in Danske Bank’s Business Analytics Challenge 2017

Feb 15, 2017 |

COPENHAGEN, Denmark, Feb. 15 — Danske Bank, Denmark’s largest bank, announced that JuliaPro will be available on Microsoft Azure’s Data Science Virtual Machine (DSVM) for participants in the Business Analytics Challenge 2017. Read more…

Hortonworks Announces Financial Results for Fourth Quarter and Full Year 2016

Feb 10, 2017 |

SANTA CLARA, Calif., Feb. 10 — Hortonworks, Inc. (NASDAQ: HDP), a leading innovator of open and connected data platforms, has announced financial results for the fourth quarter and full year 2016. Read more…