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Subscribe to this list via RSS Blog posts tagged in big data analytics
With the growing importance of data analytics, businesses are discovering that they must walk a fine line  in how they handle and manage customer data. Data privacy both  from both regulatory and reputational standpoints is requiring companies to move cautiously. The latest round of regulations, including the EU’s GDPR, comes with stiff financial penalties for those that fail to comply. Companies that fail to adequately prepare for the GDPR risk incurring fines of up to 4 percent of their annual revenue. As a result, organizations around the world are scrambling to address the new rules before the GDPR goes into effect...
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  Over the past several weeks I have had some conversations with a new division of Tata Consultancy Services (TCS) that is offering digital software and solutions with a strong focus on data integration. While TCS itself provides solutions to customers through its consulting services, this new business unit is creating a self-sustaining organization based on analytics of customer and urban data. Where does Digital Software and Solutions fit? But first a little context. Tata Consultancy Services is a major business unit within the larger Tata Corporation. Like many multi-national companies, Tata offers a wide variety of products and services...
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  Hewlett Packard Enterprise’s Internet of Things (IoT) solution gained attention at the HPE Discover 2016 conference in June by leveraging HPE’s converged technology in systems designed for IoT data collection and analytics. Details about the announcement can be seen here. HPE sees IoT – and the new IoT edge servers – as an important avenue for expanding its server business.  Use-case examples for this category of edge servers include analyzing the sensor data generated in retail, manufacturing, oil/gas, health care, transportation and engineering. Scenarios include failure prediction, machine learning, preventative maintenance, and real-time monitoring of industrial processes and manufacturing devices....
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Predicting 2016: What's Old is New Again

Posted by on in Vendor Strategy
Hurwitz & Associates expects 2016 to be an interesting year with a combination of innovative new offerings and a resurgence of existing technologies in the forefront. 2016 will be the year when the old is new again; customers will continue to absorb and deploy technologies such as cloud, microservices, IoT, and advanced analytics. Businesses will select technologies based on the offering’s ability to provide both efficiency and the ability to improve customer relationships. We also expect to see continued consolidation in the market. Large enterprise vendors will continue to purchase innovative companies as both “tuck-in” acquisitions and a fast way to...
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Can IoT Meet its Great Expectations?

Posted by on in IoT
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We can all agree that IoT has become a hot topic with IT and business leaders. Why is there so much interest and excitement around IoT? Is IoT just another technology buzz term or will it have a lasting impact? While there are many reasons for the high level of enthusiasm over the IoT, results of a recent study conducted by Hurwitz & Associates revealed several interesting insights. First, in this study, sponsored by Jabil, we discovered that companies are moving quickly with their IoT implementations and expect to see results from their IoT initiatives quickly. While just 52% of the...
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  Earlier this year I co-authored a book on Cognitive Computing. It is a complex topic because it requires that practitioners change the way they go about building applications and creating value for their companies.  Cognitive computing is not a single technology or a single market. Rather it is an approach to solving problems by leading with data. This means that rather than creating all the logic first and flowing data into a solution, you begin by analyzing the data to determine the patterns in that data. As more data is added, the cognitive system gets smarter and adapts to this...
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         I had a very interesting discussion the other day with an executive for a technology company. He had just come from a presentation about the Internet of Things (IoT) market. The presenter projected that the market would be valued at around $7 Trillion market within the next decade. What did I think about this projection? Is it correct? Is this the true size of the market? Now, as a disclaimer, I don’t do market sizing. I assume that those smart people who figure out how big or small a market will be use sound judgment. However, I don’t think that...
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Is Data Quality Relevant for Big Data?

Posted by on in Big data
One of the biggest benefits from a big data analysis is the ability to find answers to new types of questions and then quickly take action to improve business results. For example, a retailer can leverage social media data to analyze customer reaction to a marketing campaign and make immediate changes rather than waiting several weeks to review results from traditional marketing data sources. Various big data sources such as Twitter feeds, audio files, or emails are analyzed and the resulting patterns that emerge can provide important business value for companies. Increasingly, leaders understand there is enormous value in integrating...
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