Small Businesses Find Scalable Big Data Solutions with PolySpot
January 9, 2013
From local municipal government to the education sector to big business, every industry is paving way for big data and the technological solutions inherent to its worth to come in as a jumpstart to success. However, in a recent article from Venture Beat called “Why I Don’t Buy the Hype About Big Data,” technology executive Bruno Aziza advocates for the buzz around big data to slow down to a halt.
He cites Gartner supporting the trend by releasing big numbers: a recent report shows that $28 billion was spent on big data technologies this year, and over $230 billion will be spent through 2016. The problem? Aziza states that technologies and the necessary staff are consequently very expensive.
He continues the discussion by recommending that companies seek out solutions for business intelligence on an appropriate scale:
The amount of data that Facebook and NASA are crunching remains the exception, not the norm. Truth is, you don’t have to be a large company to leverage your data. If you looked at range of companies in the U.S., you’ll find that there are over 50,000 that only have between 20 and 500 employees – most of which, I’d argue, are trying to solve data problems at scale.The biggest market for big data is not just with the Fortune 50, it is with the Fortune 500,000.
We cannot deny that it is vital for small businesses to find the size-appropriate solutions, but that does not mean that the big data hype has no place. The ‘big’ in ‘big data’ is relative to the size of the business as well. PolySpot technologies deliver scalable big data solutions for small businesses, for example.
Megan Feil, January 9, 2013
Sponsored by ArnoldIT.com, developer of Beyond Search.
Cloudera to Sponsor Big Data Forum
January 9, 2013
As Big Data continues to be big news, so does security. The two hot topics collide in a future forum hosted by Cloudera entitled Federal Big Data Apache Hadoop Forum. The Sys-Con Media blog provides a nice write-up in their piece, “Hold The Date: 30 Jan Cloudera is Sponsoring a Federal Big Data Forum Focused on National Security Missions.”
The article begins:
“Friends at Cloudera are lead sponsors and coordinators of a new Big Data Forum focused on Apache Hadoop. The first, which will be held 30 January 2013 in Columbia Maryland, will be focused on lessons learned of use to the national security community. This is primarily for practitioners and leaders fielding real working Big Data solutions on Apache Hadoop and related technologies.”
Big Data is not just a trend, it is a real technology hurdle and it is here to stay. Therefore, the government is taking notice and looking for secure solutions. There are established leaders in the industry who are tackling this new challenge. LucidWorks is a leader in open source enterprise search and now addresses Big Data with LucidWorks Big Data. Most Big Data leaders are founded on open source technology, an advantage in cost-effectiveness and agility. LucidWorks sets themselves apart in name recognition and reliability.
Emily Rae Aldridge, January 09, 2013
Sponsored by ArnoldIT.com, developer of Augmentext
Study Reveals Data and Solutions that Allow for Analysis to be as Valuable as Land, Labor and Capital
January 8, 2013
We lucked into finding a copy of Capgemini EIU Big Data Study available for perusing on Slide Share. The Economist Intelligence Unit from this consultancy agency surveyed over 600 business leaders worldwide and across different industry sectors about the use of Big Data in their organizations.
The survey pointed to certain challenges for decision making arising from Big Data. Volume is not the toughest problem for analysts to deal with. 85% of respondendts felt that the challenge lies in the access to big data and the ability to analyze it in real-time.
The article states:
Familiar challenges relating to data quality, governance and consistency also remain relevant, with 56% of respondents citing organisational silos as their biggest problem in making better use of BigData. For our respondents, data is now the fourth factor of production, as essential as land, labour and capital. It follows that tomorrow’s winners will be the organisations that succeed in exploiting Big Data, for example by applying advanced predictive analytic techniques in real time.
It is clear from this article and the findings reported in the study that a greater emphasis must be placed on connectors, such as those found in solutions from PolySpot. Their infrastructure technologies allow analysts to easily access and analyze data in real time.
Megan Feil, January 8, 2013
Sponsored by ArnoldIT.com, developer of Beyond Search.
Big Data Architecture
January 8, 2013
Log files and their analysis are the next frontier in Big Data. Developers are now beginning to mine the data contained in log files for deeper analysis. SmartData Collective offers a post exploring this very topic. Read “Analyzing Logs and More – a Big Data Architecture” for all of the details.
After a discussion of the technical steps needed to mine this data out of log files, the author provides his conclusion and how he sees it affecting the Big Data developer community:
“Parsing and processing log files tactically is still a grep/awk/sed or some scripting exercise done by a lone super ranger in an IT department or elsewhere. But with the growing strategic value of the data in log files, major product and software vendors are looking to put together a robust technology stack to leverage this information across the enterprise. If done right, this would become a very powerful and unique ‘Big Data’ app providing meaningful insights across the enterprise from product support to engineering and marketing providing both operational and business intelligence from machine logs.”
There are a few noteworthy Big Data vendors who offer smart solutions out-of-the-box. LucidWorks is an industry-standard known for their enterprise search solutions. However, LucidWorks is also in the vanguard of Big Data solution development. LucidWorks Big Data is worth a second look.
Emily Rae Aldridge, January 08, 2013
Sponsored by ArnoldIT.com, developer of Augmentext
3D Company Wants In On Financial Industry
January 8, 2013
Dassault Systèmes is one of the premiere leaders in 3D solutions from design, digital mock-up, and product lifecycle management. Press Zoom brings us the exciting headline: “Dassault Systèmes Launches the First Industry Solution Experiences for Financial Services: ‘Product Innovation Factory.’”
According to the article the new endeavor is described as:
“Based on Dassault Systèmes’ 3DEXPERIENCE platform, “Product Innovation Factory” allows product managers from investment, wealth management, insurance and banking organizations to capitalize on market opportunities, as well as to respond quickly to market and regulatory challenges in order to accelerate the lifecycle of financial products from ideas to sales. “Product Innovation Factory” leverages the same technologies used by the world’s leading aerospace, consumer products, retail and life sciences companies to drive innovation, mitigate operational risk and maintain transparency regardless of product complexity.”
Of course, with any new technology deployment in this day and age it includes analytics, data management, social intelligence, and collaboration. The Production Innovation Factory has its own collaborative content management platform along with Big Data analytics it seems. The new product comes at a time when financial services are trying to predict their clients’ needs and take advantage of the rich fields of data open to them. The Product Innovation Factory allows its users to control their data with seamless real-time control.
What is apparent in this new tool is that product management and technology and search meet for the purpose of innovation. Search is going to be the real powerhouse behind the factory, for without it how are the users going to manage and find their content?
Whitney Grace, January 08, 2013
Sponsored by ArnoldIT.com, developer of Augmentext
PolySpot Steers Organizations Towards the Data Driven Ideal
January 7, 2013
While companies have been striving for operating in a data-driven manner for over a century, there are still factors that prevent this supposed ideal from reaching the full potential. Forbes discusses recent studies on this topic in their article, “Big Data in the Enterprise: A Lesson or Two from Big Brother.”
A recent survey by Capgemini and the Economist Intelligence Unit delves into the depths on just how data-driven companies are today. Results have shown that many organizations are struggling to keep up with huge volumes of data. Unfortunately, almost 55 percent of respondents from around the world said that big data solutions were not recognized as necessary by senior level management in their companies.
The article discusses the processes involved in crunching big data down to size:
Once the data has been ingested, the next most critical aspect will be data storage. To gain maximum value, data needs to be potentially pre-processed in memory, and then stashed away for further analysis including trending and comparing over time. For this, fast disks and often petabytes of it with the right software that makes it possible to find data down the road, is needed.
While insights from big data will likely remain a mystery to some, there are other organizations ahead of the curve that are already employing solutions from the likes of enterprise data extraordinaires such as PolySpot. Their solutions focus on the most critical aspect of churning knowledge out of big data: connectivity and delivery.
Megan Feil, January 7, 2013
Sponsored by ArnoldIT.com, developer of Beyond Search.
HP Salvation May Lie in Big Data
January 7, 2013
After all the bad blood between Hewlett-Packard and the folks from Autonomy, could it be that Autonomy’s technology will be HP’s salvation? CRN’s Kevin McLaughlin says it just might, at least in part, in “Can Big Data Actually Be the Thing that Saves HP?” McLaughlin begins by summing up HP’s recent problems:
“Things couldn’t get much worse for Hewlett-Packard (NYSE:HPQ). HP’s stunning announcement last month that it was taking an $8.8 billion write-down and launching an investigation into accounting improprieties related to its $11.1 billion Autonomy acquisition came amid a host of financial struggles for the IT giant. Some are due to industry headwinds, such as slowdowns in PC and printer sales and weakening enterprise IT spending. Other problems are of HP’s own doing, such as its $8 billion charge from its 2008 acquisition of EDS and an enterprise services business hampered by an outdated infrastructure and sales model.”
So what is the struggling tech giant to do? The article notes that, with big data’s growing importance, HP had better leverage it’s big-data tech immediately. Apparently, Meg Whitman, HP’s CEO, agrees; she says her company is extending both the technology from Autonomy and the analysis software from Vertica across their hardware lines.
Yes, big data in printers may just save the day. Who could have predicted that?
Cynthia Murrell, January 07, 2013
Sponsored by ArnoldIT.com, developer of Augmentext
PolySpot Delivers Insights from Big Data to the Enterprise
January 4, 2013
The Telegraph forecasts the big data boom will only grow steadier and louder. Big Data Was Big in 2012, It Will be Bigger in 2013 refers to big data as digital DNA. Big data is not going anywhere now that it has taken shape in such a major way. Big data provides an evolving infrastructure for everything digital.
The article discusses the proclivity many industry spectators and professionals have for looking towards the future while ignoring the present opportunities and innovations.
While it is easy to see big data as being similar to a new Gold Rush, an Oil Stampede and an almost infinite capacity for change, it is sometimes better to look for present-day companies that are engendering change now, and not sometime in the ill-defined future. One such company is London-based telephony analytics provider IOVOX that has built a voice platform that gives real-time visibility into all aspects of telephone traffic.
We could not have said those wise words any better. Taking advantage of current solutions from companies fostering exciting moves in the big data sphere; for example, how PolySpot has changed enterprise information delivery, will be key to making an impact.
Megan Feil, January 4, 2013
Sponsored by ArnoldIT.com, developer of Beyond Search.
PolySpot Information At Work Deepens Information Analysis and Access for Data Scientists
January 3, 2013
Much of the news and media published over the past year in relation to big data has revolved around the folks working with big data. These coveted professionals are called data scientists and they are making the headlines in Forbes again with the recent article, “Big Data News Roundup: The Where, Who, and Why of Data Scientists.”
We learned much about which industries are employing data scientists in this article. In every field from healthcare to politics, big data has landed as a necessary component of research, ROI and everyday processes.
The article hones in on one industry in particular:
Another area where data scientists will have a big impact is the utility industry which, according to a new report from GTM Research, will see analytics ROI reaching $121.8 billion compounded between this year and 2020. Predictive analytics, performance management, and customer personalization will prompt a ‘complete reinvention” of utility companies’ modes of business, says the report.’
Another big realm for employing data scientists are enterprise organizations. Companies looking to streamline business processes and connect users to the data and insights they need to access in real-time are employing solutions like Information At Work from PolySpot in addition to data scientists to get the job done.
Megan Feil, January 3, 2013
Sponsored by ArnoldIT.com, developer of Beyond Search.
PolySpot Keeps Stronghold in Delivering Agile Enterprise Information
January 2, 2013
Data analytics technologies (or the demand for them) are not simply relegated to the United States and Europe, though many important technologies that are utilized to address big data challenges have been developed in these areas up to this point. ZDNet shares a broader perspective in the recent article, “The India Aims for World’s Big Data.”
Indian IT services industry group Nasscom expects the country’s industry to grow from US$200 million in 2012 to $1 billion by 2015.
The article informs us on related industries popping up in India:
Numerous global big data players have sprouted in India over the past two years. Sears, for instance, established wholly-owned subsidiary MetaScale to service healthcare and entertainment customers with revenues between US$1 million and US$10 million. A @WalmartLabs facility also opened in Bangalore in April to develop social media and analytics and big data infrastructure.
There is no doubt that India will create and develop big data solutions as the need continues to grow in the area. However, solutions from companies like PolySpot have already reached the current pinnacle of agilely delivering enterprise information and will continue to have a stronghold.
Megan Feil, January 2, 2013
Sponsored by ArnoldIT.com, developer of Beyond Search.
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