Today at Big Data Innovation Summit 2014, GridGain Systems (www.GridGain.com), a leading innovator of open source in-memory computing solutions, announced the launch of the GridGain In-Memory Data Fabric, a comprehensive software solution that accelerates business operations and time to insights by enabling high-performance transactions, real-time streaming and ultra-fast analytics in a single, highly scalable data access and processing layer.
There is a vast array of predictive analytics tools, but not all are created equal. Software differs widely in terms of capability and usability — not all solutions can address all types of advanced analytics needs. There are different classes of analytics users — some need to build statistical models, others just need to use them.
For a long time, the industry’s biggest technical challenge was squeezing as many compute cycles as possible out of silicon chips so they could get on with solving the really important, and often gigantic problems in science and engineering faster than was ever thought possible. Now, by clustering computers to work together on problems, scientists are free to consider even larger and more complex real-world problems to compute, and data to analyze.
In this new Guide to Big Data for Finance the goal is to provide direction for enterprise thought leaders on ways of leveraging big data technologies in support of analytics proficiencies designed to work more independently and effectively in today’s climate of working to increase the value of corporate data assets.
Following the momentum of the Intelligent Transport Systems (ITS) World Congress in Detroit and Transportation Secretary Anthony Foxx’s visit promoting the TIGER M-1 rail grant, Transit Labs CEO and Founder Dag Gogue has announced a partnership with the Detroit Department of Transportation (DDOT) to make the city’s public transportation more efficient.