Autonomy Big Data Solutions Highlighted
August 14, 2012
HP has put forth a new write up about HP Autonomy and Big Data, “Autonomy IDOL Big Data Solutions.” In our opinion, the pre-buy-out Autonomy had more marketing flair. Oh, well.
The article lists a couple of solutions based on HP’s Converged Cloud and Autonomy IDOL 10. The description elaborates:
“*IDOL Powered Hadoop: New capabilities for leveraging IDOL technology within Hadoop deployments.
*Autonomy Optimost Clickstream Analytics: Groundbreaking solution that provides marketers with a single, consistent view of visits, conversions, and customer engagement across all channels.
“Together, these solutions enable businesses to discover new trends, opportunities, and risks, and accelerate revenue growth by understanding and acting on web clickstream, sentiment, and transactional data.”
Next, the write up lists the primary customer benefits of each solution. For IDOL-powered Hadoop, for example, it notes that the IDOL engine can be embedded in each Hadoop node, and that IDOL’s 400 connectors enable the combination of Hadoop data with other enterprise and external data.
Autonomy Optimost lets marketers perform complex queries on complete datasets and in real time. Users can also blend clickstream data with human information and application data. The application is integrated with the Autonomy Promote suite.
Autonomy, originally founded in 1996, was snatched up by HP in 2011. They take pride in building tools that efficiently extract meaning from unwieldy tangles of unstructured data. The technology grew from research originally performed at Cambridge University.
Cynthia Murrell, August 14, 2012
Sponsored by ArnoldIT.com, developer of Augmentext
IntelTrax Top Stories: August 3 to August 9
August 13, 2012
This week, the IntelTrax blog delivered some informative posts that discuss the issues surrounding big data analytics technology in today’s workforce.
While many articles discuss the prevalence of analytics technology in various industries, “Troubling News for the Analytics Needy” looks at those that are not using it.
A recent survey found:
“Fifty-six percent of respondents indicated they will not be deploying big data analytics applications even beyond 2013, the survey of 255 IT professionals found. Half of those surveyed were data storage professionals at the analyst level; the other half comprised IT managers, vice presidents and CIOs…Survey respondents with no plans to roll out Hadoop or other big data analytics software said doing so requires a specific business case, and in most instances they didn’t see a need for it, according to Marco Coulter, managing director of TheInfoPro’s Cloud Computing Practice.”
Another interesting piece is “Big Data Law Might Be Changing.” It discusses the fear that many have of data analytics technology falling into the wrong hands. One suggestion has been to grant the legal right to accessing personal information of third parties as a way to incentivize transparency.
Writer Patrick Roland concludes:
“This is promising news for a population concerned with the potentially invasive nature of data mining and analytics. After last year’s surprising Supreme Court ruling that basically let Vermont sales reps mine doctors’ patient lists, we are pleased to see reasonable thought return to the table. We can only hope they further find ways that help us utilize this strong technology, while still keeping wrongdoers away.”
One industry that is already seeing lucrative returns on its investment in data analytics technology is Wall Street Investors. “Big Data Promises Big Returns for Stock Investors”
references an article that discusses why savvy stock traders should pay attention to the latest analytics technology.
The article states:
“At the heart of the feed from ORATS is the use of “implied dividends” – the dividend levels implied by prices within the options markets. In the case of equities that have both dividends and exchange-traded options on their stock, the dividend price is a major component in the calculation that traders use to compute a fair price for those options. ORATS runs that calculation backwards to compute “implied dividends”, a measure that reveals the broad consensus of all players in the options market about how much a company will pay as a dividend along the entire option expiration calendar”.
All three of these stories provide different avenues to get to the same conclusion. Investing in data analytics technology is an integral way for companies to make the most out of the unstructured data that is being put out on a daily basis. It is important that you find a reputable company with affordable solutions like Digital Reasoning.
Jasmine Ashton, August 13, 2012
Sponsored by ArnoldIT.com, developer of Augmentext.
Pentaho Semaphonic and Infobright Partner to Tackle Big Data
August 13, 2012
A partnership between three Web analytics organizations is another to keep your eye on. The press release, “Pentaho, Semaphonic and Infobright Deliver Big Data Web Analytics,” uncovers the meaningful union intended to help organizations maximize the value of their Websites as lead generation and revenue engines.
Pentaho, specializing in business analytics, is teaming up with Web analytics consultancy Semphonic and high-performance database Infobright to tackle big data concerns. The partnership is intended to bring together everything organizations need to understand their online channels better and what to do wit that knowledge.
Susan Davis, Vice President of Marketing at Infobright, comments on the partnership in the news release:
“This partnership makes it easy for organizations to use their detailed Web analytics data to drive business improvement. With their expertise in Web analytics and measurement, Semphonic helps organizations understand what data is important and how to use it to their advantage. Using Infobright technology simplifies the process of storing and analyzing the growing volumes of Web data at a fraction of the cost of traditional approaches, while letting companies gain a deep level of data analysis delivered in interactive user-driven visualization and dashboards from Pentaho.”
An interactive demo is available at http://webanalytics.infobright.com/ and will show users how to gain insight from detailed Web data. The trio is sure to help organizations find a way to meaningfully and easily understand digital behavior at the customer level.
Andrea Hayden, August 13, 2012
Sponsored by ArnoldIT.com, developer of Augmentext
Inteltrax: Top Stories, July 23 to July 27
July 30, 2012
The growing availability of cloud based and open source analytics and the resulting beefed-up security demands surrounding such easily accessible software are the topics pervasive in this week’s posts on Inteltrax. As usual the nature and existence of ‘big data’ was discussed and the post, “Big Data is Analytics for Dummies”, accurately gets to the heart of the matter using text from the Tech Week Europe article as evidence.
“The author is probably spot-on with his analysis of the ‘big data’ hype invading industries around the world. Being right doesn’t change the fact that thanks to open source and cloud technologies more companies than ever before now have access to analytics. If the sage analysts need to dumb down their definitions then so be it. Thankfully, there are analytics providers committed to the industries and companies previously not invited into the analytics club.”
All that talk of openness among comrades came to a point with the announcement that Datameer was offering their analytics free of charge to academics mired in the muck of unstructured data. As the post, “Datameer Offers Free License to Academic Researchers”, quotes Market Watch,
“Academic researchers are particularly challenged by the massive amounts of data needed for their research. Collecting and analyzing data requires enormous computational effort and has typically been slow and tedious, often requiring a computer science background. Datameer offers an end-user focused tool that enables researchers themselves to integrate large quantities of data, do complex analysis in a familiar spreadsheet-like interface, and then visualize their results to easily understand, communicate and share their findings.”
Open and free are great especially in the world of costly analytics but both come with a price – heightened security risks. Inteltrax author Catherine Lamsfuss tackled security concerns with the post, “Security Top Concern for Cloud Based Software”. Live Mint compared cloud breaches to a door lock – it’s not a question of if the door will be broken down, but when. The article summarizes the state of security surrounding today’s cloud.
“These security issues should be at the forefront of companies’ decision making process when it comes to choosing a cloud based analytics provider. All cloud based software is protected to some degree but if protecting sensitive information is important than a thorough investigation into a provider’s security background is due.”
Whether one’s company is struggling with finding affordable cloud based analytics, applying open-source to existing systems or trying to strengthen security Digital Reasoning is a solid analytics provider more than capable of helping. With an extensive relationship with the intelligence community they understand the need for security but also are realistic about budgets, especially those of small and midsized businesses.
Follow the Inteltrax news stream by visiting www.inteltrax.com
Patrick Roland, Editor, Inteltrax.
July 30, 2012
Inteltrax: Top Stories, July 16 to July 20
July 16, 2012
Inteltrax, the data fusion and business intelligence information service, captured three key stories germane to search this week, specifically, some breaking news in the industry.
Our story: “Data Mining and Other Issues on Slate at 2012 Joint Statistical Meetings” showed that analytics is rightly on statistic experts’ radar.
“Mike Miller Joins Digital Reasoning as VP of Sales” provided a glimpse into the wisest hiring minds in the business.
“Florida Community Benefits Medically and Financially from Analytics” gives a glimpse at the immediate impact analytics is making on the community level.
News crops up in all areas of analytics, so it’s helpful to have stories wrangled up that might slip through the cracks. We’re here everyday, monitoring just such stories so you don’t have to.
Follow the Inteltrax news stream by visiting www.inteltrax.com
Patrick Roland, Editor, Inteltrax.
July 16, 2012
Companies Still Trying to Slay the Big Data Dragon
July 16, 2012
Rapid explosions of large volumes of data in near real-time have been posing challenges for companies worldwide. These same datasets have been creating fodder for global news outlets. A recent article from CIO UK discusses everyone’s favorite topic: big data. The article is entitled, “Business Intelligence and Analytics: Conquering Big Data.”
A research report from Aberdeen Group called Business Analytics in the UK: Transforming Data into Business Insight is discussed in the referenced article. One interesting tidbit we learned is that 93 percent of organizations surveyed reported that structured data is integral to their big data initiative. It is curious that the amount of structured data pales in comparison to unstructured, yet structured is what companies are utilizing.
The article states:
“The strategies and tools being used paint a picture of the current data management requirements and emerging solutions in the market. Interestingly, the most popular data source used in the Big Data initiatives has the smallest data footprint. Structured data in relational database, such as transactional information, while growing at over 36 percent year-over-year, shows nowhere near the growth of other, internet-based data sources.”
Companies are now employing business intelligence solutions to slay the big data dragon. In our perspective, it seems as if this should have been conquered already. Perhaps this is just another case of the media chasing a hobby horse.
Megan Feil, July 16, 2012
Sponsored by PolySpot
Useful Resource Courtesy of Autonomy
July 4, 2012
Autonomy stars in its own slide show explaining big data, we learn in eWeek’s “Enterprise Applications: How Autonomy’s Private Cloud Tackles Big Data, Analytics.” The slide show is reproduced in the article, and it does a good job of breaking down the increasingly influential phenomenon, starting with the basics. For example, the introductory slide explains:
“Big data is comprised of structured data, which is data that fits cleanly into spreadsheets and databases, and unstructured data, which is human-generated information . . . . Unstructured ‘diverse data’ now makes up more than 90 percent of the world’s data, and it is the fastest-growing form of information. Just as importantly, this ‘human information’ is where the interesting things happen. This is where customers share their experiences with a brand and indicate their buying preferences. This is where teams of corporate lawyers look to find evidence of fraud and compliance violations.”
Clear and succinct—gotta love it. The slides contains some helpful graphics, too, and include comparisons to help wrap one’s head around the colossal numbers involved. It also talks up Autonomy’s big-data expertise, but that is to be expected. I would recommend it as a resource for explaining the matter to the uninitiated or confused.
Autonomy, founded in 1996 and now owned by HP, offers a full range of cloud-based solutions that use Autonomy’s IDOL to tame mind-boggling amounts of unstructured data. The technology grew from research originally performed at Cambridge University, and now serves prominent public and private organizations around the globe.
Cynthia Murrell, July 4, 2012
Sponsored by PolySpot
Inteltrax: Top Stories, June 25 to June 29
July 2, 2012
Inteltrax, the data fusion and business intelligence information service, captured three key stories germane to search this week, specifically, what’s new with some of the biggest names in the business.
One rising company is bringing bright minds together, as we found in the story, “Lexalytics Conference Tackles Future of Analytics.”
“Latest Angoss Software Targets Unstructured Data” shows how a company not used to making waves in big data is doing just that in a major way.
Finally, “Digital Reasoning Leads in Partnerships,” shows one of the brightest minds in the business teaming with other smart companies to form a big data hydra head.
Big data is moving fast and the companies within the industry look like an atom smasher at times, they are going so quick. Look here to find the breakdown of every move and news bit for analytics.
Follow the Inteltrax news stream by visiting www.inteltrax.com
Patrick Roland, Editor, Inteltrax.
July 2, 2012
Sinequa Questions Big Data
June 27, 2012
Sinequa’s Business Search Blog recently reported on big data in the article “Big Data: Marketing Nirvana or the Next Big Bubble to Burst.”
According to the article, Big Data is a phrase that many organizations misuse in order to pump up their services. This is unfortunate for those companies that really do have something to offer to this burgeoning market.
The market the Sinequa is referring to is one where enterprises and administrators have to deal with vast amounts of unstructured data that come in a variety of formats and sources. Therefore, the market is created by companies that create products and services that extract the useful information from this large mess of data.
Sinequa then goes on to plug its solution by stating:
“At Sinequa, we have been dealing with Big Data (in the above sense) for quite some time: Our Unified Information Access solution has been used by large enterprises and administrations to plough through billions of data base records, business transactions, and unstructured data of all sorts, like documents, emails, and social network data. Our semantic analyses and Natural Language Processing have served to make sense of this magma of data, and to create structure where there was none. All this in order to find sense in chaos. The challenge for us was to combine deep analysis with high performance in dealing with big volumes.”
While Sinequa’s customers benefit from the fact that they have been creating Big Data solutions for quite some time, that doesn’t mean that that their solution is the only solution to structuring the unstructured data. The point is, however, a valid one.
Jasmine Ashton, June 27, 2012
Sponsored by PolySpot
Inteltrax: Top Stories, June 18 to June 22
June 25, 2012
Inteltrax, the data fusion and business intelligence information service, captured three key stories germane to search this week, specifically, some fast-moving news in the big data business.
Our story, “Small Businesses Need Analytics Too” showcases the rising tide of small companies improving business through big data.
With the rise in big data business, “Analytic Customer Support Reaches New Heights” shows how helping the customer is helping vendors differentiate themselves.
Perhaps no news is bigger than the money IBM is spending on big data, as we covered in “IBM Sees the Future and Invests.”
The news landscape is always changing in big data. We’ll keep an eye on the small businesses and the IBMs and everyone in between to keep readers up to date, everyday.
Follow the Inteltrax news stream by visiting www.inteltrax.com
Patrick Roland, Editor, Inteltrax.
June 25, 2012
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