5 Big Data News You Should Know Today - 24 October 2012
1) Using Big Data to Save Lives
Computer scientists and a doctor are working to mine data from pediatric intensive care units to help doctors treat children and cut health care costs
“This data has the potential to be a gold mine of useful – literally life saving – information,” said Keogh, who specializes in data mining, which involves searching for patterns and irregularities in large data sets.
He is working with: Dr. Randall Wetzel, of Children’s Hospital Los Angeles; Walid Najjar and Vasilis Tsotras, both computer science professors at UC Riverside; and David Kale, one of Keogh’s graduate students.
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2) A Khosla-backed big data energy startup you should know about
Are big data, analytics, and machine learning the answers to reducing the energy consumption of our homes? Yep, according to newly-emerged startup Bidgely that’s backed by Khosla Ventures. In an exclusive interview, Bidgely’s CEO gives GigaOM the details about what it’s been up to.
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3) SAP's Creepy New Retail Software Uses Big Data To Make You Buy More Stuff
Not so long ago, the most advanced piece of technology present at the intersection of consumer and retailer was the cash register. Today, buyers are bringing their own technology on their shopping trips - and trailing a very revealing online data footprint. One big enterprise software company is promising retailers new technology that will let retailers leverage that information to market to those consumers in real-time.
For retailers and tech companies that serve them, billions of dollars are up for grabs. If there were any doubts that there was real money to be made leveraging big data to create custom marketing pitches in real time, those doubts should be shattered by Tuesday's entrance of mega-software corporation SAP into the retail tech frenzy. The move is the equivalent of an elephant walking into a room of working mice and telling everyone, "I've got this."
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4) Gartner: Big Data to Be Big Job Creator
At a conference today in Florida, Gartner Inc. (NYSE: IT) forecast that information technology (IT) spending in 2012 would rise 3.8% in 2013, from $3.6 trillion to $3.7 trillion. But the really big news is in big data. According to the company’s head of global research:
By 2015, 4.4 million IT jobs globally will be created to support big data, generating 1.9 million IT jobs in the United States. In addition, every big data-related role in the U.S. will create employment for three people outside of IT, so over the next four years a total of 6 million jobs in the U.S. will be generated by the information economy.
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5) Big Data: Moving from strategy to tactics
Big Data, which comes into the enterprise unstructured and unorganized, first needs to be “prepped” so that it can be processed by a business analytics program. Here’s what you need to do.
Now that business analytics are here and enterprises are grappling with their own “big data,” it’s time to set some technical strategies in motion to harness these assets. Fortunately, solutions for the data center that can deliver both high performance computing (HPC) and big data analytics are becoming increasingly scalable and affordable–even for medium-sized businesses.
The main challenge initially is getting your big data ready for analytics computing. Big Data, which comes into the enterprise unstructured and unorganized, first needs to be “prepped” so that it is able to be processed by a business analytics program. This is no small task, as “cleaning up” big data goes through several phases.
Read More
Category: Big Data News
Computer scientists and a doctor are working to mine data from pediatric intensive care units to help doctors treat children and cut health care costs
“This data has the potential to be a gold mine of useful – literally life saving – information,” said Keogh, who specializes in data mining, which involves searching for patterns and irregularities in large data sets.
He is working with: Dr. Randall Wetzel, of Children’s Hospital Los Angeles; Walid Najjar and Vasilis Tsotras, both computer science professors at UC Riverside; and David Kale, one of Keogh’s graduate students.
Read More
2) A Khosla-backed big data energy startup you should know about
Are big data, analytics, and machine learning the answers to reducing the energy consumption of our homes? Yep, according to newly-emerged startup Bidgely that’s backed by Khosla Ventures. In an exclusive interview, Bidgely’s CEO gives GigaOM the details about what it’s been up to.
Read More
3) SAP's Creepy New Retail Software Uses Big Data To Make You Buy More Stuff
Not so long ago, the most advanced piece of technology present at the intersection of consumer and retailer was the cash register. Today, buyers are bringing their own technology on their shopping trips - and trailing a very revealing online data footprint. One big enterprise software company is promising retailers new technology that will let retailers leverage that information to market to those consumers in real-time.
For retailers and tech companies that serve them, billions of dollars are up for grabs. If there were any doubts that there was real money to be made leveraging big data to create custom marketing pitches in real time, those doubts should be shattered by Tuesday's entrance of mega-software corporation SAP into the retail tech frenzy. The move is the equivalent of an elephant walking into a room of working mice and telling everyone, "I've got this."
Read More
4) Gartner: Big Data to Be Big Job Creator
At a conference today in Florida, Gartner Inc. (NYSE: IT) forecast that information technology (IT) spending in 2012 would rise 3.8% in 2013, from $3.6 trillion to $3.7 trillion. But the really big news is in big data. According to the company’s head of global research:
By 2015, 4.4 million IT jobs globally will be created to support big data, generating 1.9 million IT jobs in the United States. In addition, every big data-related role in the U.S. will create employment for three people outside of IT, so over the next four years a total of 6 million jobs in the U.S. will be generated by the information economy.
Read More
5) Big Data: Moving from strategy to tactics
Big Data, which comes into the enterprise unstructured and unorganized, first needs to be “prepped” so that it can be processed by a business analytics program. Here’s what you need to do.
Now that business analytics are here and enterprises are grappling with their own “big data,” it’s time to set some technical strategies in motion to harness these assets. Fortunately, solutions for the data center that can deliver both high performance computing (HPC) and big data analytics are becoming increasingly scalable and affordable–even for medium-sized businesses.
The main challenge initially is getting your big data ready for analytics computing. Big Data, which comes into the enterprise unstructured and unorganized, first needs to be “prepped” so that it is able to be processed by a business analytics program. This is no small task, as “cleaning up” big data goes through several phases.
Read More
Category: Big Data News
Tags: Big Data, Gartner, United States, Information technology, Khosla Ventures, Florida, NYSE, $3.7 trillion
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