“As a cloud operator and managed hosting provider, we’re seeing demand from a wide range of companies that are interested in leveraging the scalability and efficiency benefits of the cloud to better manage, analyze, and extract value from Big Data.”
“Deep storage, and tape library-based storage in general, benefit organizations that are looking to incorporate low-cost, high-density, scalable storage into their fast-growth data environments. Industries that recognize the value and regularly rely on tape storage include education, federal and state government, finance, life sciences, media and entertainment, oil and gas exploration, and Web 2.0, among others.”
Data grid software leader ScaleOut Software is using in-memory computing to achieve operational analytics for real-time decision making. There are real benefits in support of in-memory technology when it comes to fraud alerts, transportation management, and taking advantage of short-lived financial opportunities.
One of the unwritten axioms of data scientists specializing in machine learning methodologies is that they all try their hand at predicting the stock market. Some of the best attempts have turned a tidy profit, still others have seen their way into the top hedge fund companies.
The corporate finance community is specifically tailored to gain benefit from the growth of big data technology. For finance it’s the name of the game to utilize analytics to gain a strategic advantage. A recent Forbes interview, Emerging Big Data Opportunities for CFOs, with Carlos Passi, assistant controller of IBM, discussed emerging types of data […]
By Nikita Ivanov, CEO of GridGain in Memory Computing. In the last 12 months we observed a growing trend that use cases for distributed caching are rapidly going away as customers are moving up stack… in droves. Let me elaborate by highlighting three points that when combined provide a clear reason behind this observation.
Finance experts instinctively understand that data have value. It’s the lifeblood of their industry after all. But some in the financial domain may not grasp all that data have to offer. Data science and big data have led to an expansion of the number of types of data sets, often referred to as Variety (one of […]