Cloud and Emerging Data Solutions
Just one week after Apple Pay--a NFC pay system for Apple devices--went into full swing, CVS, Rite Aid and Walmart batted it out of play. But it's not only Apple Pay that's getting slammed; Google Wallet and other contactless pay systems are hit too. What's the fuss about? Data.
Splunk announced this week the general availability of Splunk Enterprise 6.2 and version 6.2 of Hunk: Splunk Analytics for Hadoop and NoSQL Data Stores. Hunk is also available through the Amazon Elastic MapReduce, or Amazon EMR, console, which is priced by the hour.
Indiana University (IU) has invested $7 million on its new Network Science Institute, or IUNI. The initiative will "bring together many of the university's top minds to explore and embrace the challenge of understanding complex networks that underlie large-scale systems, including the environment, economics, technology and human health," say university officials.
According to a study by Accenture, 77 percent of the C-level executives in chemical companies surveyed think cloud computing and big data analytics are necessary to remain competitive. 87 percent said that failing to use them may lead to a company's extinction.
Along comes a group of researchers who are proposing a new and interesting way to recognize emotion in written communications. Here's what they came up with...
How to identify fake big data products
Here are a few of the product announcements made at Strata to give you an overview of the direction products and partnerships are now trending, or at least leaning.
Microsoft's idea of creating a data science marketplace takes best of show. It is the best idea in a sea of great ideas at Strata NY this year.
IPSoft's Amelia, a "learning cognitive agent," is already gaining high-level work skills that its creators say will put it, or others like it, at the top C-level position one day. And a Hong Kong-based venture capital company has already appointed an algorithm to its board of directors. Will we all work for machines soon--if we can find work at all?
"Commercial banks, credit card companies and credit bureaus have dived into big data, too, mainly for marketing and fraud protection," writes John Lippert in the Washington Post. "They've mostly left advances in the field of credit scoring to upstarts." That, it turns out, is a huge mistake for banks and the consumer credit industries.