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EDITOR'S CORNER

ODPi, an open big data ecosystem promoter, picks up new members

ODPi, a nonprofit focused on accelerating an open ecosystem of big data products around Apache Hadoop, picked up three new members: 4C Decision, ArenaData, and AsiaInfo. The initiative is to advance efforts to create a common reference specification called ODPi Core to streamline the development of analytics applications.

Accenture, Splunk partner on machine data analytics

Accenture and Splunk entered an alliance in which Splunk products and cloud services are integrated into Accenture's application services, security and other products. The two companies are also collaborating on a new line of products, the first of which integrates Splunk analytics into Accenture's Managed Security Services. 

Financial data carve-out in international trade agreements come under fire

A new report by technology policy think tank Information Technology and Innovation Foundation (ITIF) pushes back hard on policymakers for making financial data exemptions in the Trans-Pacific Partnership (TPP). The United States pushed for financial data to be carved out of the TPP's prohibition on laws that force data to be stored within a country's geographic borders. The practice is known as "data localization" and the ITIF thinks that carve out will drastically curtail the digital economy and won't provide consumers with any additional protections.

FICO flips the question, puts the decision before the data

FICO, yes the same company that produces the FICO score, the standard measure of consumer credit risk in the US, thinks most big data practitioners have been doing it wrong. FICO has put its money where its mouth is and launched a prescriptive analytics product that puts the decision before the data.

National-security-level traveler threat intelligence platform goes commercial

Prescient, a risk management firm co-founded by former naval intelligence officers and best known for federal counterintelligence and national security programs, launched its commercial spinoff.  Prescient Traveler, a sophisticated traveler risk management system, analyzes petabytes of data from over 38,000 sources in real-time. Further, prescriptive analytics advise travelers on how to mitigate those risks or "react smartly" to the dangers.

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