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.
There's an interesting piece in Government Health IT on the National Institutes of Health's four big data initiatives currently in development.
According to Steven Koonin, 4% of Manhattanites go to bed before 7:30 PM and only 6% turn their home lights off after midnight. New Yorkers nod off early, but I doubt they want to be studied in their sleep, or while they're awake either.
Underscoring yet again that business users are essential to driving both the data-driven business and the big bucks to big data vendors, Platfora's Ben Werther said in his keynote that big data's "center of gravity is shifting to the business analyst and that's a really healthy thing because the person who's analyzing the data should be much more in control of the data. But that's leading to multi-structured questions and new stack requirements are emerging."
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.
There is a fascinating piece in The New Yorker on Project Cybersyn as the foreshadower of big data use by governments. This was a Chilean government project and, as envisioned, remarkably foretold...
"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.
Big data is at the core of the movie and gaming animation business. Animators have to create, analyze, work with and store terabytes of data as a matter of routine. And that creates more than a few problems. But leave it to imaginative creators to create solutions, too.
Word is out that Adobe Digital Editions (DE) is tracking excessive user data, not just within its own app, but on other ebooks users have on their hard disk too. And it's transmitting that data in an unsecure manner, putting readers' privacy and security at risk.
We are on the cusp of the greatest number of medical breakthroughs mankind has ever seen. And for that we can all be thankful, for not a single life will go untouched by this.