Analytics and Visualization
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 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.
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.
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.
The Internet of Things is proceeding full steam ahead but big data worries are piling up in their wake. So finds Argus Insights which recently analyzed over 2.3M tweets to get a read on the market's take on IoT. Two fears stood prominent in the analysis: what will happen to the pool of data from IoT and will it be secured.
According to a new report by Logi Analytics, for the first year in this company's survey history, executive teams and product management teams tied as the top drivers of embedded analytics, suggesting that such analytics are both lucrative and essential. The report also found that two-thirds of software applications across all industries surveyed embed business intelligence and analytics. However, embedded analytics have a higher adoption rate (43 percent) than traditional BI tools (30 percent).
GE Power announced the opening of its advanced manufacturing facility in South Carolina, a $400 million digital industrial investment, on the heels of opening its first additive manufacturing (3D printing) center in Pittsburgh. GE previously declared itself a digital industrial company, essentially indicating its move from traditional industrial equipment supplier to an industrial analytics company. These two new facilities represent a clear advance in that initiative.
SAS made several significant announcements at its Global Forum last week. Among the most interesting are the Viya platform, a unified open structure designed to work with data anywhere and – most exciting of all – no matter the size.
According to the findings of an international survey conducted by the certification body DNV GL – Business Assurance and the research institute GFK Eurisko, only one in four companies using big data are able to leverage it to actually boost productivity. But technology isn't the problem. The lack of a clear strategy is.
World Programming, a producer of analytics and data science software, has released a free edition of its WPS analytics software for individual home use to hone data science skills or simply do a big data project on your own. Sure, students can use this to get started in data science and programming in the SAS language, but full-fledged data scientists can use it to hone their skills too.