Big Data in Banking and Financial Services

Service quality is one of the most prominent reasons why customers switch banks. With credit card transactions and loyalty programs, banks possess far more data about customers than any other industry. But in spite of all the data, banks are unable to effectively deliver personalized service. The reason?

Making Hadoop Realtime

ScaleOut_logo

Last evening I had the pleasure of attending the latest installment of our local Los Angeles Big Data User Group where I am co-organizer. The featured speaker was Dr. William Bain, Founder & CEO of ScaleOut Software, a company providing distributed data grids for the enterprise. Bill’s talk was “Making Hadoop Realtime” where he discussed how in-memory data grids bring tremendous value to the Hadoop software stack.

The Analytics Big Bang

For an illuminating look at the history and future of predictive analytics and big data, here is The Analytics Big Bang – predictive analytics reaches critical mass as big data and new technologies collide.

Data Science, Big Data and Statistics – can we all live together?

Here is a topic that receives much debate these days – as diverse fields like statistics, computer science and applied mathematics converge with newly named fields such as data science and big data. Can’t we all get along?

Hurwitz & Associates Reveals Its Victory Index Report for Advanced Analytics

Hurwitz & Associates recently announced the findings of The Hurwitz Victory Index Report for Advanced Analytics. Designed as a market research assessment tool, it highlights both the diverse uses for advanced analytics technology.

Use Case First Approach is an Inferior Way to Build Software

In this special guest feature, Dr. Michael Blaha from Modelsoft Consulting Group writes about how it is better to address functionality and data together when developing software. Michael Blaha is a consultant and trainer who specializes in conceiving, architecting, modeling, designing and tuning databases.

Walking Then Running

In this special guest feature, Jesse Anderson from Cloudera writes about how many new companies, like the ones we see popping up in the Hadoop ecosystem, too quickly move from crawling to running, a process that sometimes leads to failure.

Predictive Analytics for Business Advantage

A recent TDWI report sponsored by Alteryx shows that predictive analytics is having a huge impact on the data and analytics landscape within organizations. The infographic below highlights the data types and new use cases that benefit from the increased use of predictive analytics, and why business analysts are best positioned to make the greatest contribution.

Where There’s Spark There’s Fire: The State of Apache Spark in 2014

Matei Zaharia, CTO of Databricks and Creator of Apache Spark

In this special guest feature, Matei Zaharia, CTO of Databricks and Creator of Apache Spark, explores open-source Apache Spark ‘s status in the Hadoop community.

Industry Perspectives from the 2013 O’Reilly Strata + Hadoop World Conference

The O’Reilly Strata + Hadoop World Conference is one of a few conferences that seriously can deliver on the mission of providing a state-of-the-art perspective on the big data industry. Here is a selection of video presentations made by industry luminaries that can guide enterprise thought leaders.