Big Data News – 26 Jul 2016

Today's Infographic Link: 14 Wine Infographics

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In my previous article titled "What is the reality of the Chief Data Officer role within the insurance sector?", I was joined by leading Chief Data Officers and Chief Analytics Officers who provided their thoughts on the status of data and analytics leadership and transformation within this industry. In the report, I touched upon the role of the Actuary and their business in calculating risk through stringent statistical and mathematical processes, however, we did not explore their obscure relationship with Data Scientists. The foundations of actuarial science can be dated back to the 17th century, whilst the term "actuary" was first coined by Equitable Life for its chief executive officer in 1762.

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In this special guest feature, Simon Moss, Chief Executive Officer for Pneuron Corporation, suggests that if we are truly to learn from our project failures and improve, then it's time we considered that our fundamental approach might be flawed.

In his new book, William D. Eggers, one of the country's best-known authorities on government reform, explores how a new generation of digital innovators is re-imagining virtually every facet of what government does and reducing their costs with the power of digital transformation.

The post Are you ready for the millennial takeover at your workplace? appeared first on Big Data Made Simple – One source. Many perspectives..

CEO briefing: New apps and services can't be shoehorned onto legacy enterprise IT says TIBCO CEO.

Find out what PostgreSQL is.

In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously. Products have rebranded from content management, asset management, CRM, social media, analytics … to Experience Management for the Consumer.

Kurlon is investing close to 5 crores in SAP S4 HANA deployment

The reason why I'm blogging about this is because I see a strong similarity between my golf aspiration and the frenzy around big data, open source and cloud. My starting premise has always been — Enterprises with good information management practices will leverage data better, regardless of what technology comes before them. But like bad golfers buying new gear to fix a swing problem, there will be no improvement unless the underlying weak business practices are addressed.

Internet of Things Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and Things Expo Silicon Valley Call for Papers is now open.

Human capital management (HCM) software maker Workday last week bought Platfora, one of the oldest providers of Hadoop-based analytic solutions. The deal showcases both the need for analytic prowess in the enterprise software market, as well the consolidation that's to come. Workday (NYSE: WDAY), which recorded $1.2 billion in revenue last year, says it plans to use San Mateo, California-based Platfora's technology to bolster its own offerings, which are delivered over the Internet via the software as a service (SaaS) delivery model. "

When the United States Postal Service (USPS) set out to buy a system that would allow it to track the location of employees, vehicles, and individual pieces of mail in real time, an in-memory relational database was its first choice. But when that technology proved too costly and complex, the 241-year-old service looked to graphical processing units (GPUs) for a big-data speedup. Just as other large logistics companies have done, the USPS has big plans to tighten up its operations and boost customer service through big data analytics.

Financial offices within organizations drive strategic planning and implementation that require enhanced insight into the business, the market and trends. Explore highlights from a recent IBM paper surveying C-suite executives and detailing the correlation between leaders deploying analytics solutions and leaders with noteworthy business metrics, such as profitability and growth.

In essence, Ethernet is being told to slow down and smell the bits and bytes.

Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability.

Zions Bancorporation chose IBM Incentive Compensation Management (ICM) in response to the heightened regulatory scrutiny in the banking industry. ICM helps Zions make sure it is in compliance with all the regulations and allows the bank to generate reports easily at a moment's notice. The organization also leverages IBM Watson Analytics to analyze its ICM data and to get an instant view into how its compensation program is doing.

Modern businesses must cope with both a growing deluge of data and an increasing technology churn. It's becoming clearer every day that these are only the precursors to much larger scale disruption. Data Science is at the forefront of this disruption. It's the role of the modern Chief Analytics Officer and the Data Science team to quickly assimilate the ever changing landscape of technology. Most importantly, you and your team need to deliver breakthrough results that realize significant value across the organization.

Microsoft R Open 3.3.0, the enhanced distribution of open source R, is now available for download for Windows, Mac and Linux systems. This release includes a significant updates to the R language engine from the R Core Group bundled with the multithreaded performance and CRAN package time-machine capabilities of Microsoft R Open. The core performance of the R language engine is improved in this update, with faster sorting, data selection, function argument matching and various other speed-ups.

The competitive landscape of the global cloud computing market in the healthcare industry is crowded due to the presence of a large number of players. The large number of participants has led to the fragmented nature of the market.

Anything connected to the Internet, like the IoT, can be discovered and potentially infiltrated by a hacker.

Splunk can turn every small bit of your businesses data into useful information. These add-ons will help make it even more valuable.

In September of 2015, Cloudera announced an innovative new storage engine for fast analytics on fast data: Kudu. The project is a response to users and customers that were stitching together hybrid architectures to draw out the benefits of Apache HDFS and Apache HBase while minimizing the gaps in those projects. HDFS can scan a large amount of data quickly, but wasn't designed to handle updates. Conversely, HBase was designed to provide fast and random reads and writes for continuously updating data, but this slowed scan performance. Apache Kudu, unlike either of its storage predecessors, brings strong performance for both scan and random access.

A new VDI offering can be deployed in about an hour on an HPE Hyper Converged 380 platform.

Given the rise of the big data, internet of things, digitization and digital transformation trends, the role of the chief data officer (CDO) has taken on tremendous strategic value. Beyond the table stakes responsibilities of capturing, retaining and capitalizing on the value of the data generated and acquired by the enterprise, the definition of the CDO role has to continue to evolve to maximize the potential of data and give credence and support to other enterprise strategies, such as digital transformation, productivity management, process optimization, customer experience enhancement, collaboration and alignment.

Maybe classifying data as structured or unstructured isn't so simple. What is structured to some may not be structured to others and vice versa. When it comes to the business value of data, consider another way to look at data–whether it is repetitive data or non-repetitive data.

The best solution will be the one that works, not the one that is close to home or out in the field.

The last year has seen a significant growth in the number of companies launching data lake initiatives as their first mainstream production Hadoop-based project. This isn't surprising given the compelling technical and economic arguments in favor of Hadoop as a data management platform, and the continued maturation of Hadoop and its associated ecosystem of open source projects.

Image Credit: patcharaporn1984 / 123RF Stock PhotoWhether it be the local mom & pop outpost or big box superstores, brick & mortar retailers have been increasingly under strain in the past several years due to major shifts in consumer buying patterns.

(Image Courtesy — "Perhaps more than anything else, failure to recognize the precariousness and fickleness of confidence-especially in cases in which large short-term debts need to be rolled over continuously-is the key factor that gives rise to the this-time-is-different syndrome.Highly indebted governments, banks, or corporations can seem to be merrily rolling along for an extended period, when bang!-confidence collapses,… The post Big Data Revolutionizes Mortgage Banking.. appeared first on Hortonworks.

The need for integrating BI and planning on one common software and data platform has been one of the most stable and relevant trends in the market. Many companies and users know that there is no reporting without plan data and…

It has been another exciting week on Hortonworks Community Connection HCC. We continue to see great activity and recommend the following assets from last week. Top Articles from HCC Phoenix HBase Tuning…

The Big Data Partnership Consultancy buyout to help Teradata consulting portfolio immensely into the big data analytics service offerings across international markets

Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing performance and reducing operational risk through standardization and best-practice architectures.

Remind employees to treat email, and all forms of communication, with a lot more respect than they likely currently do.

There is no doubt that the associated benefits of big data capture are satisfying immense. One just needs to figure it out and make it work!

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