Big Data may indeed be a buzzword for 2013, but if so it’s a buzzword with inestimable impact on the organization. At its core, the concept of Big Data is that of supporting executive decision-making with the most accurate, current, comprehensive and comprehensible presentation of all information available regarding a business. Overwhelmingly, respondents indicated that their companies are taking Big Data seriously and 81% list “Big Data/Advanced Analytics Projects” in their Top 5 2013 IT priorities.
Big data is shaking up the foundations of business—forcing business leaders to rethink the way they make decisions. Learn IT strategies and best practices that can open the door to discoveries that will transform your business. See how Dell improve customer satisfaction, how Passoker deliver online gaming, and Delphi improve warranty response.
It has been five years since the introduction of Hadoop as an open-source big data tool, and in this time big data has skyrocketed up the hype curve, with dedicated media coverage, books, conferences, and many customer success stories from early adopters. Though Hadoop isn’t the silver bullet to all business data challenges, it is one important piece of the puzzle.
Data warehousing is a success, judging by its 25 year history of use across all industries. Business intelligence met the needs it was designed for: to give non-technical people within the organization access to important, shared data. The resulting improvements in all aspects of business operations are hard to dispute when compared to the prior era of static batch reporting.
Companies have been striving to harness and leverage the power of their data assets for decades. Now major U.S. corporations and government agencies are finally realizing business value from Big Data. That is the finding of a survey and series of follow-up interviews conducted by NewVantage Partners with C-level executives and function heads representing companies and government agencies during the second half of 2012.
Click streams, social media, log files—a growing mountain of valuable data looms above you. You’ve taken countless steps to capture and utilize your company’s structured data, but despite your efforts, it seems you have made no progress in the arduous trek to the summit. You know that there is a wealth of lucrative business information waiting for you at the top, but how can you possibly reach it when the mountain of data is growing before your very eyes?
In this one-on-one interview, Rich Brueckner, President of insideHPC, discusses big data challenges and opportunities, as well as what technologies will help companies deal with their growing amounts of data. InsideHPC is a CIO Summit, CIO Cloud Summit, and CIO Life Sciences Summit event partner.
Yottamine Analytics, a new machine learning innovator, announced that it has achieved unprecedented prediction speed, scale, accuracy and price-performance with its Yottamine Predictive Services (YPS) software running on a powerful Amazon Web Services (AWS) compute cluster (CC2.8xlarge). The demonstration represents the largest predictive analytics system ever created on the public cloud.
Why is getting value from business data still a struggle when there is more data available than ever before? Are the greater challenges with people or with the data? Can business leaders achieve better business outcomes simply by asking the right questions of the data? In fact, asking better questions can lead to deeper insight and foresight that enables better decision-making and, ultimately, better outcomes. Get the findings from a recent Oracle and Intel–sponsored study by the Economist Intelligence Unit.