Financial Industry Increases Private Cloud Spending in 2013

AmericanBanker.com reports that a recent survey conducted by PricewaterhouseCoopers indicates that 71 percent of financial service executives intend to invest more in cloud computing this year, an increase of 18 percent from 2012. Another 50 percent intend to invest in private cloud infrastructure, including virtualized storage and network equipment. The reason for the increase is greater security and reliability of the cloud environment...

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Informatica VIBE (virtual data machine) that makes you comfort with technological & infrastructural changes

An new era of data technoogies, informatica introduced VIBE that makes you comfort with technological & infrastructural changes. informatica introducing VIBE as follows : Change is inconvenient. It is also inevitable. We live in the Information Age, yet data threatens to overwhelm us. New types of data, new technologies for managing that data, and new ways to use that information to drive business innovation are being introduced on a daily basis. But the complexity of accessing and managing all that data is increasing...

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Facebook and MicroStrategy Partner for New Big Data Analytics

During MicroStrategy's annual European user conference in Barcelona, Guy Bayes, head of Enterprise BI at Facebook, spoke on the topic of Big Data at Facebook. He discussed the technical challenge caused by the massive scale of the data generated by its 1.1+ billion members. To interactively analyze this data from any dimension, Facebook engaged MicroStrategy to create and test a new massively-parallel in-memory analytic technology which MicroStrategy calls "EMMA" (for Extended MPP Memory Architecture). The project has been underway for one year...

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Talend Interview Questions

What is Talend ? What is difference between ETL and ELT components of Talend ? How to deploy talend projects ? What are types of available version of Talend ? How to implement versioning for talend jobs ? What is tMap component ? What is difference between tMap and tJoin components ? Which component is used to sort that data ? How to perform aggregate operations/functions on data in talend ? What types of joins are supported by tMap component ? How to schedule a talend job ? How to runs talend job as web service ?  How to Integrate SVN with...

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How Will the Future of Big Data Impact the Way We Work and Live?

The semantic web, or web 3.0, is often quoted as the next phase of the Internet. In a previous post I discussed the impact of big data on the semantic web and I mentioned that the semantic web will enable all humans as well as all internet connected devices to communicates with each other as well as share and re-use data in different forms across different applications and organizations in real-time. The future of big data takes full advantages of the semantic web and it will have a vast impact on organisations and society. Jason Hoffman,...

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Recorded Future

Predictive analytics are becoming more important as they are the most valuable analysis within big data as they help predict what someone is likely to buy, visit, do or how someone will behave in the (near) future. It uses a variety of different data sets such as historical, transactional, social or customer profile data to identify risks and opportunities. Recorded Future is a big data startup, which was founded in 2009, that focuses solely on the art of predictive analytics. They have developed linguistic and statistical algorithms that...

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Is Big Data Changing The Business You Are In Without You Realizing It?

Throughout my career, one of the primary ways to classify a company has been its industry. Knowing a company’s industry gave you a solid start on understanding the company. From an analytics perspective, you could make highly accurate assumptions about what data an organization would have, what problems it was trying to solve, and what types of analytic processes would be beneficial for the organization’s business. I have noticed a...

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