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How Companies Lose Money on Big Data

Throwing Money Away

by Angela Guess Marco Visibelli of Wired recently shared the ways that companies make money on Big Data, and the ways that they lose money. On the losing end, Visibelli wrote, “Companies lose money on Big Data projects as often as they gain it. Early symptoms of Big Data failure in the making vary, but…

Big Data and Wearable Tech Could Help Cure Parkinson’s Disease

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by Angela Guess Rachel King of ZDnet reports, “Wearable technology is routinely being batted around these days as the cure-all for everyday health tracking gaps, but Intel’s latest venture is taking that potential to a whole new level. The Michael J. Fox Foundation has tapped the tech giant for a collaboration with the goal of…

The Case for NoSQL in the Financial Sector

Forex Money for Exchange in Currency Bank

by Angela Guess Adrian Carr, Vice President EMEA at MarkLogic recently wrote, “According to a Gartner report published in 2013, 64% of financial services firms have already either deployed or launched a big data initiative. Ovum also predicts a rapid increase in big data technology adoption with worldwide spending on management information systems in the…

Druva Raises $25M for Cloud Storage and Data Governance Platform

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by Angela Guess Maria Deutscher of Silicon Angle reports, “Druva, Inc., a startup that promises to provide large organizations with the benefits of public cloud storage without the compromises of consumer-oriented file lockers,  has received another $25 million in financing from its big-name investors to hammer home the message of painless, off-premise data management. The…

Is HBase the Dark Horse of the NoSQL World?

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by Angela Guess Andrew J. Brust of GigaOM reports, “In the world of NoSQL databases, the products that have dominated the conversation are MongoDB and DataStax Enterprise, a leading distribution of Apache Cassandra. But a couple of headlines this week bring into focus a perhaps less-splashy, though rather tenacious player: Apache HBase, which is included…

Florida Polytechnic University, Flagship Solutions Group and IBM Announce Supercomputing Center

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by Angela Guess According to a new article out of IBM, “Florida Polytechnic University, Flagship Solutions Group, and IBM today announced a new supercomputing center at the University composed of IBM high performance systems, software and cloud-based storage, to help educate students in emerging technology fields. Florida Polytechnic University is the newest addition to the…

The Endless Search for Data Scientist Unicorns

Unicorn

by Angela Guess Elizabeth Dwoskin of The Wall Street Journal recently wrote, “For his Ph.D. in astrophysics, Chris Farrell spent five years mining data from a giant particle accelerator. Now, he spends his days analyzing ratings for Yelp Inc.’s online business-review site. Mr. Farrell, 28 years old, is a data scientist, a job title that…

Redis Loves NoSQL Now! (And the Feeling is Mutual)

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by Angela Guess Itamar Haber of Redis Labs recently shared his excitement about the upcoming NoSQL Now! Conference, complete with a list of the sessions he’s looking forward to most. Haber writes, “Here’s a shocking confession for you: I’m a data-phile. I am fascinated by data and everything that has to do with it… I’m…

GE Announces First Data Lake Approach for Industrial Internet

Lake Louise Alberta Canada

by Angela Guess In more big news out of GE this week, the company announced “that it has created, in collaboration with Pivotal, the first-ever industrial data lake approach to help global industrial customers like airlines, railroads, hospitals and utilities better access, analyze and store terabytes or even petabytes of industrial-strength Big Data, which is…