The big data is the new frontier of business. A global survey by Gartner estimates that by 2016, 30% of businesses driven by the financial costs of management and emerging opportunities, will monetize directly or indirectly their information assets through trade, barter or sale. Gartner says that many companies already assess the real market value…
Gartner put on a return to growth of IT spending in 2013. According to the research firm, the global IT spending on information technology costs, hardware, software and IT services is expected to grow 4.2% in 2013 to reach $3.73 trillion. Gartner put on a sustainable growth as the firm expects an additional 3.8% increase…
Accelerated enterprise adoption of Big Data, mobile, social media and cloud computing introduces significant gaps in security programs. RSA, The Security Division of EMC, released a report of the Security for Business Innovation Council (SBIC) that assesses how disruptive innovation, considered analysis of Big Data, cloud computing, enterprise mobility and social media will transform the…
Some large banks like ING are excited about Cloud technology due to a number of its advantages, such as zero up-front capital requirement, shared service delivery via the Internet, its pay-for-use environment, and its agility. There are also banks who are wary of the risks and are closely watching from the sidelines, waiting for clear…
According to a lot of experts and IT managers, while big data holds a lot of promise and potential, the main concern with the collection of massive volumes of data from various sources is how to use it for new business purposes. IT vendors and industry experts frequently talk about the massive business potential of…
EMC Corporation has announced the results of the latest study Digital Universe, developed by IDC and sponsored by EMC, “Big Data, Bigger and Biggest Growth Digital Shadows in the Far East”. The report reveals that, despite the unprecedented expansion experienced by the digital universe, due to the massive volumes of data generated daily by people…
It isn’t possible to automate data science and decisions because they are dependent on domain expertise and human judgment. According to Columbia historian Matthew Jones, data science isn’t algorithms although it is dependent on it. Data science can’t be reduced to articulated rules because experience and expertise belong to a particular domain and that data…
2012 was very big year for social media, with many of the industry leaders gaining a much more solid and larger foothold in the market, as well as being more ingrained in the mainstream culture. Facebook in particular, has proven itself to be one of the most influential players and a fairly adaptable service as…
Oracle announced an agreement to acquire DataRaker, an analysis platform in the cloud that allows service providers of electricity, gas and water utilities to realize huge amounts of data to optimize operational efficiency and improve the client experience. DataRaker develops solutions for analyzing energy consumption, electricity and gas, and water. These analyzes are used to…
At the annual HP Discover 2012 conference in Frankfurt, Germany, HP presented a number of innovations in its Converged Storage and big data portfolio. The new solutions are designed for virtualized environments, cloud and storage of big data and include new HP 3PAR StoreServ Storage, HP Storage StoreAll and HP StoreOnce Backup offers. In 2011, HP announced the…