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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.
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?
Unleashing the Power of Hadoop for Big Data Analytics - Data analytics, long the obscure pursuit of analysts and quants toiling in the depths of enterprises,has emerged as the must-have strategy of organizations across the globe.
Enterprises of all types are betting on big data analytics to help them better understand customers, compete in the market, more rapidly discover insights to help improve products and services, and increase profits. In a recent ESG survey, two-thirds of IT and business professionals responsible for their organization’s data analytics strategies, technologies, and processes considered enhancing analytics a top-five business priority, and more than one-quarter cited enhancing analytics as their most important business priority.1 Given the high degree of interest in analytics and the vast quantity of unmined data, the first step most organizations need to take on the path towards realizing the benefits from big data analytics is to implement an appropriate infrastructure to process big data.
I am pleased that NewVantage Partners conducted this survey and made the results available to me for review prior to publication. There is a lot of interest in the topic of Big Data as evidenced by the high response rate to the survey. The survey yielded some interesting findings, many of which are relevant to research I have conducted.
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.
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.
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.