Inteltrax: Top Stories, October 3 to October 7
October 10, 2011
Inteltrax, the data fusion and business intelligence information service, captured three key stories germane to search this week, specifically, how analytic technology is helping the average worker beyond the IT department.
Those in the auto sales industry were boosted by the news found in “Kelly Blue Book Learns the Real Value of Analytics” http://inteltrax.com/?p=2514 which showed how the venerable bible of automotive value is getting more accurate with its big data software.
The up and down world of high fashion looks a little more balanced after reading “Microstrategy and Tukatech Forge Fashion Business Intelligence” http://inteltrax.com/?p=2496which showcases how runway walkers and designers are embracing this technology.
Newspapers, too, are getting into the act, trimming already tight budgets, according to “Reporters Digging Deeper with Big Data” http://inteltrax.com/?p=2507 with research analytics, but also possibly ruining the institution of journalism by using data analytics to compose stories.
Big data analytics is trickling down to the everyday workforce. Whether selling a car or picking next season’s fashion trend, these tools are becoming indispensible. However, it’ll never replace a trained reporter’s eye. Expect us to watch the workplace dynamics shift with these new tools.
Follow the Inteltrax news stream by visiting http://www.inteltrax.com/
Patrick Roland, Editor, Inteltrax October 10, 2011
Supercomputer Predicts Political Revolutions and Maybe More
October 4, 2011
It sounds like science fiction but it appears that technology has evolved to the point where we can now use a supercomputer to predict revolutions. Shocking I know. The way it works is software retrospectively scans over 100 million news articles from the past 30 years and uses sentiment analysis, text geocoding and predictive analytics to determine what direction political upheaval will go.
According to the Read Write Web article, Can the World’s Next Political Revolution be Predicted by Computers? this technology has greater implications than just predicting revolutions. The author states:
This is Culturnomics at work. One of the more well-known applications of it would be the Google Books Ngram Viewer, a Google Labs project that scans 15 million digitized books to reveal the frequency of certain words and phrases over time. By applying a similar methodology to news articles, researchers can gain insight into human society on an even bigger scale and in a more real-time fashion. A growing body of work has shown that measuring the ‘tone’ of this real-time consciousness can accurately forecast many broad social behaviors, ranging from box office sales to the stock market itself.
While this is still a relatively new area of study, this could have major implications for the flow of unfettered information and it is very exciting to see what can happen when brilliant minds from different fields work together. However, this sounds like the PR usually output by IBM and its Watson business unit.
Jasmine Ashton, October 4, 2011
Sponsored by Pandia.com
Inteltrax: Top Stories, September 19 to September 23
September 26, 2011
Inteltrax, the data fusion and business intelligence information service, captured three key stories germane to search this week, specifically, the idea of data analytics and business intelligence coming to the rescue in one way or another.
Our first story came from the article, “BI Rescues Legal World” http://inteltrax.com/?p=2392 we took a look inside how the legal billing world was saving firms money by using business intelligence.
Another rescue tale was found in the aptly titled, “Cloud Computing to Rescue Struggling Ledgers,” http://inteltrax.com/?p=2407 used Amazon as an example of how melding cloud computing and BI is putting many companies into the black.
Also, we in “Wine Gets the Big Data Treatment,” http://inteltrax.com/?p=2412 we explored how the wine industry, taking quite a hit during tough economic times, is staying afloat with big data analytic techniques.
No matter if an organization is dishing up legal briefs or chardonnay, there seems to be a need for book balancing by way of big data. We’ll keep an eye on this development as economic belt tightening continues around the world.
Follow the Inteltrax news stream by visiting www.inteltrax.com
Patrick Roland, Editor, Inteltrax. September 25, 2011
Ric Upton Leads Digital Reasoning
September 20, 2011
Digital Reasoning empowers decision makers with timely, actionable intelligence to creating software to automatically make sense of complex data.
Our flagship product, Synthesys®, solves the problem of achieving actionable intelligence out of massive amounts of unstructured and structured text . . . A typical customer might be trying to completely understand how to locate an individual within massive amounts of reports . . . Sifting through all this data to accurately develop this profile even among misspellings, aliases, code names, etc. is typically something that can only be done by reading. Our ability to automate understanding is critical to customers with concerns about time, accuracy, completeness, or even the ability to leverage the massive amount of data they have generated.
Inteltrax: Top Stories, September 12 to September 16
September 19, 2011
Inteltrax, the data fusion and business intelligence information service, captured three key stories germane to search this week, specifically, in the world of big data and business intelligence.
Our flagship story this week was the feature, “Solving Big Data’s Problems Stirs Controversy ,” http://inteltrax.com/?p=2522 that gave a deeper look at how quickly our online data is piling up and whether all the talk of harnessing it’s real power is just that: talk.
Another big data tale, “Big Data Skeptics Still Lingering” http://inteltrax.com/?p=2350 illuminated how infant the analytics industry really is and had a little fun at the expense of ourselves and other industry insiders.
Finally, we took another look at the growing world of online data with, “Data Analytics Needs More Specialization, not Less,” http://inteltrax.com/?p=2357 and discovered niches might just be the solution to all the analytic nightmares out there.
The theme for this week seems to have been the mounting concern over data buildup. We can’t stop, we know that. And, thankfully, it looks like we’ll be able to do some fascinating stuff with it—though not everyone agrees. You can bet, as innovations and setbacks happen along this road, we’ll be watching it closely.
Follow the Inteltrax news stream by visiting
www.inteltrax.com
Patrick Roland, Editor, Inteltrax September 19, 2011
Kroll in the UK and Its Content Technology
September 14, 2011
The recent disturbances in London have lead UK Prime Minister David Cameron to reach across the pond to consult Kroll Chairman and former American police chief, William Bratton on preventing gang related violence and building safer communities. There’s nothing like an outside US expert to come to the aid of our British cousins.
Altergrity, a specialized law enforcement training company and owner of Kroll, quoted Mr. Bratton in an Aug 12, Media Release:
I would certainly be in a position to discuss the contemporary American experience and my work in these areas – in particular the successes that created real reductions in gang-related crime in Boston, New York and most recently in Los Angeles, where we also saw significant improvements in the relations between the police and the city’s diverse communities. There are many lessons from these experiences that I believe are relevant to the current situation in England.
Based on this release, Mr. Bratton appears confident in his abilities to solve the world’s security concerns. We hope that UK police and civilians are equally secure in the role that his company takes in dispelling the violence affecting their country. If you want some basic information about the types of search and content processing tools that Mr. Bratton brings to his engagements, navigate to the interview with former Kroll wizard David Chaplin here. This is quite impressive technology.
Jasmine Ashton, September 14, 2011
Sponsored by Pandia.com
Inteltrax: Top Stories, September 5 to September 9
September 12, 2011
Inteltrax, the data fusion and business intelligence information service, captured three key stories germane to search this week, specifically, we saw a trend of money saving pop up in three stories this week.
The first financially focused story was “Navy, HP and Others Cut Costs with Analytics” http://inteltrax.com/?p=2304 which briefly explored how the aforementioned institutions trimmed already tight budgets by investing in BI.
Return on Investment (ROI) was another money-centric topic discussed in “Terradata and Company Improve ROIs” http://inteltrax.com/?p=2310 in which we showcased how well those investments pay off.
Finally, on a slightly different note, we took a look at how different users are defining the value from BI in the story, “Value Creation Defined in Different Ways by BI Experts” http://inteltrax.com/?p=2332 .
During these tough economic time, companies around the globe are clearly looking to get the best value for their money, and save as much as possible. Thankfully, business intelligence software is helping solve those two trying problems. We’ll keep a close watch as this world undoubtedly expands.
Follow the Inteltrax news stream by visiting
www.inteltrax.com
Patrick Roland, Editor, Inteltrax.
Jaspersoft Reaches Out to the Open Source Community
September 9, 2011
Dr. Dobb’s examines “Jaspersoft’s Open Source BI Knowledge Center.” Called Self-Service Express, the new subscription service grants access to product documentation, the Jaspersoft Customer Knowledge Base, and the enterprise-search-powered repository of Jaspersoft technical information. The service itself will run from $99 to $399/ month, but the content is all freeware. Writer Adrian Bridgwater explains,
Self-Service includes tips and tricks, code samples, and best practices. Developers focused on BI tool construction will be able to use Jaspersoft’s enterprise search service to explore technical information including product documentation and knowledge base materials, as well as other resources found at Jaspersoft.com and JasperForge.org.
Jaspersoft supplies clients with business intelligence (BI) software, with an emphasis on keeping up-to-date. The company focuses on such current concerns as cost sensitivity, refined user interface experiences, Cloud computing, and getting the most out of Big Data.
This service is one-of-a-kind, claims the enterprise. Jaspersoft Senior Analyst Jay Lyman says the company hopes the project will help them draw new customers from the open source community. Sounds like a good strategy to me.
Cynthia Murrell, September 9, 2011
Sponsored by Pandia.com
Inteltrax: Top Stories, Aug 29 to Sept 2, 2011
September 5, 2011
Inteltrax, the data fusion and business intelligence information service, captured three key stories germane to search this week, pulling these stories from across a wide spectrum of analytic topics.
Our feature this week, “Definition of Big Data Evolving” took an inside look at how customers, not designers, are sculpting what we will come to call “big data” in the future.
Another story, “JP Morgan Shows No Sign of Analytic Slowdown” explains how JP Morgan cut its costs by investing in faster analytic tools.
Another interesting story, “Digital Reasoning Beefs up its Front Office,” showed how one of the business intelligence/data analytics world’s fastest risers is strengthening its leadership with an expert in healthcare. (Beyond Search will be running an interview with Dr. Ric Upton in a future issue of Beyond Search.)
These stories and more made up our week as we follow the ever-evolving landscape of big data. Whether it’s executives changing titles or the changing terminology of the field, we’ve got our eyes on it all and will bring the latest scoop to readers.
Follow the Inteltrax news stream by visiting www.inteltrax.com
Patrick Roland, Editor, Inteltrax, September 5, 2011
Sponsored by Pandia.com
IxReveal Closes Deal with CFIX
September 4, 2011
CFIX is the Central Florida Information Exchange, a regional fusion center for certain government entities and professionals. IxReveal describes itself as “an innovative analytic software company focused on giving end uses the ability to fuse and extract knowledge and insight from large amounts of electronic data.”
What makes the company interesting is that the firm’s technology can harmonize electronic data in almost any form. With data transformation and normalization costs skyrocketing, solutions which can help minimize the expense of converting data from one format to another are of increasing importance.
IxReveal positions its software as a “search and analysis” product. The firm’s system identifies concepts automatically. Furthermore, the system provides automatic analytics which allow a user to sidestep the “you don’t know what you don’t know” issue. IxReveal discerns trends, patterns, anomalies, and relationships in the electronic information processed. In addition, the system provides tools for fusing, managing, and analyzing processed information.
For more information about the company, point your browser toward www.ixreveal.com.
Stephen E Arnold, September 4, 2011
Sponsored by Pandia.com
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