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With immense growth in technology, financial institutes, skyscrapers and malls, one can find that the number of consumers have increased exponentially in the Middle East over the past few years. Reports suggests that 91% of the population comprises of expats in UAE enjoying high salaries and tax free benefits.
Moreover, the options to spend your money have gotten bigger and better with UAE working towards the initiative to build Smart Cities setting strong infrastructure fundamentals…Continue
Added by Ipsita Roy on November 21, 2013 at 5:00am — No Comments
Added by Vincent Granville on November 20, 2013 at 4:30pm — No Comments
How do telecommunication companies increase their revenue while improving customer service and reducing customer churn rates? The answer is easy – through analyzing their own Big Data. The telecommunication industry might as well be labeled, “The next Big Data” industry. Think about it – telcos are flooded with Big Data each time someone simply makes a phone call, sends a text message or gets online. And now more than ever before, telecommunication CEOs, CTOs and CMOs are coming up with Big…Continue
Added by Rachel Wolfson on November 20, 2013 at 1:00am — No Comments
For McKinsey Global Institute, Big Data is the next frontier for innovation, competition, and productivity. IT experts say that Big Data challenges are more than data size and require new technologies like Map Reduce. Big Data conduct to new analysis requiring more than SQL, and need specific analytic platform in order to manage relational plus non-relational data sources. At the end Big Data analysis bring new insights that could facilitate business decisions.
Added by Michel Bruley on November 18, 2013 at 6:45am — No Comments
Forward-looking organizations should consider Hadoop as a data management hub. New features in Hadoop 2.0 provide greater flexibility and manageability, allowing firms to efficiently move more workloads to Hadoop and build analytics models using a much larger data pool.
In financial services for example, many organizations have been experimenting with Hadoop projects. These range from securities pricing, risk analysis and setting insurance premiums to monitoring transactions flows…Continue
Added by Gabriel Lowy on November 7, 2013 at 7:00am — No Comments
With two new members joining per second, LinkedIn continues to earn its title as “the world’s largest professional network on the Internet.” The Mountain View, Calif.-based company was formed in 2003 with the mission to “connect the world’s professionals, to make them more productive and successful.” True to its mission, the company now has more than 187 million members, including executives from all Fortune 500 companies.
The company employs almost 3,200 people…Continue
Added by Michel Bruley on October 17, 2013 at 3:02am — No Comments
Added by Vincent Granville on October 15, 2013 at 6:00pm — No Comments
In this series I reveal Natural Laws of Intelligence contained within grammar, that can be utilized to unleash intelligence through natural language in software. These laws are extremely simple, but still undiscovered by scientists.
Experts in knowledge technology should be familiar with the DIKW Hierarchy (Data, Information, Knowledge, Wisdom):…
Added by Menno Mafait on September 20, 2013 at 1:00am — No Comments
Gilt Groupe is a collection of web sites targeting shoppers with flash sales of merchandise, offering members exclusive discounts of high-end clothing, shoes and other apparel. Once members sign up, they receive e-mail alerts offering sharply discounted designer products targeted based on tastes they’ve indicated from previous purchases. Members have a window of between 36 and 48 hours in which to purchase the products. Product offerings are changed daily.
Added by Michel Bruley on September 19, 2013 at 3:14am — No Comments
Financial institutions, like many other industries, are grappling with how best to harness and extract value from big data. Enabling users to either “see the story” or “tell their story” is the key to deriving value with data visualization tools, especially as data sets continue to grow.
With terabytes and petabytes of data flooding organizations, legacy architectures and infrastructures are becoming overmatched to store, manage and analyze big data. IT teams are ill-equipped to…Continue
23 featured DataScienceCentral articles on big data:
Added by Vincent Granville on September 10, 2013 at 10:04am — No Comments
Banks, investment firms and insurance companies are struggling to meet demand for mobile applications by both consumers and employees, particularly in organizations that have implemented BYOD (bring your own device) programs. With the explosion in the number of data points firms are analyzing, coupled with the proliferation of smartphones and tablets, more enterprises need to implement a cross-platform development strategy for better mobile app performance with HTML5.
Most of the new…Continue
Added by Gabriel Lowy on September 5, 2013 at 3:07pm — No Comments
Every day brings news about near universal acceptance of Data Science as a mainstream inter-disciplinary professional field and about emerging partnerships between innovative universities and #BigData and #Cloud technology vendors. Reportedly, there will be 4.4 million new #BigData related jobs created worldwide by 2015. Just a week ago IBM announced new academic collaborations with universities across the globe, focusing on #BigData and #DataAnalytics…Continue
Added by Vincent Granville on August 20, 2013 at 11:00am — No Comments
I suggested in a previous post that assuring user experience should be big data job #1 http://tech-tonics.org/assuring-user-experience-is-big-data-job-one/. In conjunction with this thesis, security should be big data job #2. The point here is that if an organization cannot assure the user experience and secure the data then all of its big data ambitions are for naught.
The threat landscape is…Continue
Added by Gabriel Lowy on August 12, 2013 at 8:45pm — No Comments
Evaluating potential acquisition targets involves a combination of qualitative and quantitative factors, including fundamental market analysis and company-specific execution history. This post focuses strictly on eleven financial clues in acquisition targets that either a strategic or financial acquirer will look for.
Added by Gabriel Lowy on August 7, 2013 at 10:24am — No Comments
The mainframe’s strongest assets – scalability, reliability, availability, security and manageability – are the very characteristics that enterprises are most concerned about as they consider moving business-critical services to a cloud-based architecture. Can the mainframe be a cloud platform?
Recent surveys underscore customer confidence in the mainframe’s ability to perform in new service delivery models. Growing numbers are considering IBM’s zSeries Enterprise as a cloud…Continue
Added by Gabriel Lowy on August 1, 2013 at 10:21am — No Comments
Posted in Big Data Startups. I really like their NewSQL entry, althought in my opinion it should also include traditional SQL with an intermediate, transparent layer where SQL is translated into something much faster for Hadoop, a bit like the new…Continue
Added by Vincent Granville on July 30, 2013 at 4:00pm — No Comments
The link between strategy and data has never been stronger. And the economics between the two has never been clearer; the potential return on a properly implemented big data analytics investment can be nothing short of game-changing – if it is done strategically. It is therefore imperative to make data strategy part of corporate strategy.
The three main levers of return on investment (ROI) are cost efficiencies, productivity gains and incremental revenue generation. These levers…Continue
Added by Gabriel Lowy on July 26, 2013 at 8:27am — No Comments