There is more than oil and gas or oceans of saltwater that energy exploration companies bring to the surface when they drill deep into the earth. They are also drilling for terabytes of data that reveal how well their drilling rigs are performing, the types of rock encountered below the … [Read More...]
The market for big data in the public cloud will grow from last year’s $1.1 billion (5 percent of all big data revenue) to $21.8 billion (24 percent of all big data revenue) by 2026 according to the latest Wikibon analysis. Big data contributed 1.4 percent of total public cloud revenue in 2015. That will grow to 4.4 percent by 2016.
The comparative simplicity and flexible scaling of running big data analysis in the cloud will attract corporate users, and Wikibon Analyst Ralph Finos, Ph.D., recommends that they should explore options. However, Dr. Finos wrote in his recent analysis of the “Wikibon Big Data in the Public Cloud Forecast 2016,” moving large volumes of data over distance “remains an intractable cost.” This will limit the market mainly to data that is already in the cloud.
In interviews, big data software vendors said their public-cloud software revenues doubled in 2015 and
To read more see the full post at: Public cloud to capture one-quarter of big data market, says Wikibon - SiliconANGLE (blog)
NEW YORK — Macy’s is testing a mobile tool using artificial intelligence that lets shoppers get answers customized to the store they’re in — like where a particular brand is located or what’s in stock — that they would normally ask a sales associate face-to-face.The tool, which the nation’s largest department store chain calls a “mobile companion,” can be accessed for now through a browser and will accept questions in 10 U.S. locations about products, services and facilities. It uses natural language and offers feedback in seconds.It’s developed by IBM Watson — the Jeopardy-winning “cognitive computing” service and is designed to keep learning more about the store’s customers. That’s a key element as Macy’s seeks to spur sluggish sales, make being at the store more enjoyable and distinguish itself from online portals and specialty retailers.“We want to improve the shopping experience. We want the customers to shop at Macy’s and
To read more see the full post at: Macy's tests artificial intelligence tool
LAS VEGAS–(BUSINESS WIRE)–Eastwind Networks, provider of a hybrid network breach detection system designed to protect enterprise organizations and government agencies from cyber threats, today announced it will attend and sponsor Black Hat USA 2016.
Held in Las Vegas, Nevada from July 30 to August 4, Black Hat provides an annual platform for international security researchers, leaders in the public and private sector and business developers to come together and showcase groundbreaking research, risks and trends to further the information security community at a five day conference.
“Eastwind Networks is excited to be an active part of this community and is eager to showcase our contribution to defending tomorrow’s information security landscape,” said Paul Kraus, CEO of Eastwind Networks. “Eastwind’s active breach detection system offers unprecedented visibility and gathers over 4,000 attributes into a single dashboard to leverage a wealth of data and machine learning to build a complete
To read more see the full post at: Cybersecurity Innovator Eastwind Networks to Sponsor Black Hat 2016 - Business Wire (press release)
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The White House’s $400 million Advanced Wireless Research Initiative, led by the National Science Foundation, will lay the groundwork for fifth-generation (5G) wireless broadband that will be 100 times faster than today’s 4G.
“This new program will enable the deployment and use of four city-scale testing platforms for advanced wireless research over the next decade,” according to a July 15 White House news release.
The announcement followed the Federal Communications Commission’s July 14 vote to make wireless spectrum bands above 24 GHz available for commercial use — which will allow a whole new world of commercial and government wireless applications and products to emerge. The speed of the network
To read more see the full post at: White House's $400 million 5G plan preps for Internet of Things - Bloomberg Government (blog)
Mazor Robotics Ltd. (MZOR – Snapshot Report) , an Israel-based developer of robotic technology and products, recently presented data from two clinical studies at a leading Spine Conference. The data demonstrated major clinical benefits of its surgical guidance technological platform.
The studies confirmed an improvement in patient outcomes when surgeons utilized Mazor Robotic’s Renaissance-guidance system. The system guides the surgeon’s instruments to ensure highest levels of accuracy during minimally-invasive surgery (MIS).
The study confirms that usage of robotic guidance in MIS approach can significantly reduce the surgical complications and revision rates compared to both freehand MIS as well as open cases. Notably, these studies corroborate the clinical and economic value proposition of Renaissance system by delivering positive results which meet the surgeon’s expectation.
As per a report by StarTribune, more than 16,000 successful spinal surgeries have been performed worldwide with the Renaissance system, which is a major positive for Mazor Robotics. We believe
To read more see the full post at: Mazor Robotics Renaissance System Study Data Positive - Zacks.com
News: The use of some data is restricted but that is up for review.
The use of big data by insurers could lead to some consumers effectively becoming uninsurable.
While big data can help insurers to make much more accurate estimates on types of cover, a report from the Chartered Institute of Insurance found that some types of cover may be completely unavailable if the consumer is deemed too risky.
Although this has always be a possibility the use of data may threaten the concept of pooling risk, moving the industry into individual pricing.
The concept of pooling risk has underpinned the effectiveness of insurance cover and helped to make it generally accessible.
The CII said: “Some people may be identified as such high risk to insurers that they are priced out of insurance altogether. Big data could, in effect, create groups of ‘uninsurable’ people. While in some cases this
To read more see the full post at: Could big data make people uninsurable? - Computer Business Review
The early 2000s was a unique time in the history of computer security. From 2000-2003, there was a proliferation of malicious code unlike any other period in the history of computers. With names like Slammer, Blaster, Code Red, and Nimda, nearly every month saw an outbreak of malicious code on computers in every enterprise. Estimates at the time placed malware infection rates at about 100 in 1,000 of devices every month.
The entire industry learned its lesson. That period spawned the creation of a large portion of the current cybersecurity industry, and caused a change in strategy for many large firms, most notably Microsoft. We swore we wouldn’t let it happen again, and we didn’t. Enterprise malware infection rates are in the fractions of a percentage point per year.
On PCs, anyway.
In the mobile world, we have created the same type of ecosystem, where malicious code
To read more see the full post at: Warning: Cybersecurity history set to repeat itself - ITProPortal
As IT spend steadily shifts from traditional IT offerings through to the cloud, a process which the Gartner team has coined the ‘cloud shift’, the rate in which enterprise organizations transition through to cloud is expected to gradually increase year-on-year. The aggregate amount of cloud shift in 2016 is estimated to reach $111 billion, though this will increase to $216 billion in 2020. The Gartner team believe cloud computing will be one of the most disruptive forces of IT spending since the early days of the digital age.
“Cloud-first strategies are the foundation for staying relevant in a fast-paced world,” said Ed Anderson, Research VP at Gartner. “The market for cloud services has grown to such an extent that it is now a notable
To read more see the full post at: Cloud computing will impact $1 trillion of IT spending decisions – Gartner - Business Cloud News
According to Gartner, there will be nearly 21 billion devices in the Internet of Things (IoT) by 2020. Regardless of whether or not this figure is accurate – some think it’s too high (in fact, Gartner has revised its prediction down in recent years) – mobile network operators (MNOs) are going to experience a rapid increase in the amount of devices communicating over their networks. This will require a fundamental rethink of the infrastructure enabling these services to run smoothly. Get this wrong and MNOs will quickly lose out in the battle to attract IoT spend, as well as our loyalty when it comes to voice and broadband services.
IoT infrastructure demands
As well as an increase in volume, MNOs need to factor in that IoT devices may communicate very differently compared to smartphones and computers. Some IoT devices tend to exchange relatively small amounts of data and connect
To read more see the full post at: What does the Internet of Things mean for mobile network operators? - Telecoms Tech
To read more see the full post at: Cisco: How Cybersecurity is Enabling – not Defeating – Business Innovation - DABCC.com