
In Pictures: How 7 companies bring power to Hadoop Big Data applications
Intel and Cloudera joined forces just a year ago to accelerate enterprise Hadoop adoption. Here’s how seven companies have taken advantage of new technology to drive Big Data.
From embracing robo-advisers, to drones helping assess insurance claims and Australia’s major banks scrapping ATM fees, the banking and financial services industry is currently in the process of immense change.
Big data analytics have transformed the way businesses identify trends, challenges and opportunities. As businesses transform digitally using these digital technologies, government departments face the pressure of following suit.
Imagine this: you’re trying to access your preferred news outlet online, but it isn’t available. So you try another one, and another one, then your Facebook account, then Twitter, but nothing is working.
Big data analytics will bring about significant change in value generation for the financial services industry. Winning companies will be the ones that utilise big data to help make the crucial shift from product to a customer-centric focus.
Physical actions in the real world and data processing in the digital world are fusing as the Internet of Things takes hold.
Studies show that around 40% of products fail. But what if product designers could understand what features are most and least popular, which components tend to fail sooner than others, and how customers actually use products versus how designers think they use them? And, what if product developers could then utilize these insights to develop products that perform better, potentially cost less and, most importantly, are aligned with actual customer needs?
The recent Demo Traction event showcased a host of young companies that are gaining market momentum. Each gave their pitch and then answered to a panel of judges. If it is important for you to stay on the up and up with emerging technologies, this is must watch stuff.
Most financial service firms, which includes banking and insurance companies, are engaged in a big data project to increase the pace of innovation and uncover game-changing business outcomes. The pressing challenge now is how to drive more continuous value and unearth opportunities more rapidly.
A lot of security processes failed during the <a href="http://www.computerworld.com/article/2486959/cybercrime-hacking/target-says-hackers-likely-accessed-40-million-cards.html">breach of Target's systems</a> during last year's holiday season, but one surprising revelation was that the <a href="http://www.computerworld.com/article/2488641/malware-vulnerabilities/major-companies--like-target--often-fail-to-act-on-malware-alerts.html">retailer actually did receive</a> security alerts about the malware in its system. Yet because the security team was bombarded with alerts -- estimated at hundreds per day -- it couldn't adequately prioritize them.
Ever since President Obama signed the Open Data Executive Order, government agencies have been making their vast data stores available to the public. These once-secret data sets are proving a valuable business resource, too.
This business-oriented white paper explains three options for starting your Hadoop journey. This paper also outlines the benefits of Hadoop and highlights some of the many use cases for this new approach to managing, storing and processing big data.