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Big Data News & Analysis

IBM's Billion Dollar Bet on Watson is a Big Deal - And it Could Work

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Yes, yes, we’ve read the Wall St. Journal and are well aware of the fact that IBM Watson’s leaked business results fall short of expectations. So what? 

If Watson is the cognitive computing success we think it could be that won’t matter ten years from now. By then Watson will have been instrumental in teaching Cleveland Clinic medical students to practice the art of medicine (Watson will be handling much of the research and science) and to save more lives. It will have helped pharmaceutical and medical researchers bring new, safe therapies to market faster.

It will have helped retailers and service providers make suggestions that are actually relevant, by learning from what you do and do not like and get it right much better than today’s machine learning solutions. And it will enable customer support services to actually be helpful.

Heck, I might not even need to read the microscopic-sized serial numbers off of my devices when they break down. Watson will already know the make, model  and other minutia I’m now asked for when I cry out for help.

The Internet of Things: It's Big and It's Here to Stay

The Internet of Things: It's Big and It's Here to StayThe Internet of Things isn't just a buzzword -- it’s a thing and it’s here to stay. So what exactly is the Internet of Things and why should you care?

Wanna Race? Cloudera Says Impala is Faster than Hive and Proprietary RDMS

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Cloudera made a big splash at O'Reilly Strata + Hadoop World 2013 in New York City last October when it announced its Enterprise Data Hub strategy. It wants it to be the place where companies park all of their data, regardless of its format, and from which they can use BI tools, whichever they happen to be.

At the time, some of Cloudera’s Hadoop competitors were a bit taken aback — not by  the idea of an Enterprise Data Hub (MapR suggested it more or less already offered one. Hortonworks sort of ridiculed the term, adding that it preferred the word “platform,” as in Hortonworks Data Platform), but by Cloudera’s insistence that it no longer saw them as competition.

Cloudera CEO Tom Reilly told GigaOm’s Derrick Harris that the company has set its sights on a larger market, the one in which IBM, Pivotal (and we’d guess HP, Teradata and so on) are the established players. So what's new today?

Collaboration in 2014: 10 Predictions

Social Business, Collaboration in 2014: 10 PredictionsNetworked organizations, personalization and customization, development of collaborative reputations: these trends and more that I predicted for 2013 will still hold true for 2014. But as the cloud and mobile mature, new trends are emerging for 2014. Kelly Services and oDesk just did a deal together -- I think this is the first time an old style temp agency has done a deal with a crowdsourcing / expertise company. Kind of like the lamb lying down with the lion, something you don’t expect to see. But we should expect more of this as markets consolidate, the IoT goes more mainstream and we see collaboration become an important part of big data.

Collaboration in 2013: What Predictions Came True?

Collaboration in 2013: What Predictions Came True?Before I look forward to what 2014 might hold for collaboration, I wanted to look at how I did with my 2013 predictions. It turns out my crystal ball was working well, but some of the trends have been slower to start.

Forget Jeopardy - IBM's Watson Has an Enterprise Play, $1 Billion and a Place in NYC

IBM Watson - Big DataKen Jennings, fear not -- IBM’s Watson no longer has eyes for you.

Later today, Big Blue will announce the launch of its Watson Group, a big data analytics unit that will provide products and services geared toward the enterprise, researchers, academics and who knows who else. 

E-Discovery Trends for 2014

E-Discovery Trends for 2014E-discovery matured in the past year, as concepts and themes like predictive coding and early case assessment (ECA) took on more actionable, serious tones.

Increasingly, e-discovery demands involve other electronic information disciplines, like records management, cyber security and corporate compliance. This has brought a larger, more diverse group of stakeholders to the e-discovery table and transformed e-discovery to part of a larger, interwoven information governance (IG) framework.

But the change is challenging, and many organizations are just beginning to apply learned e-discovery principals that can aid defining a comprehensive IG plan.

Who Says 'Big Data Needs to Shrink to Grow'?

Who Says 'Big Data Needs to Shrink to Grow'?While most people were busy nursing their New Year’s Eve hangovers or getting busy with their resolutions on January 1, the New York Times ran a rather interesting headline: "Big Data Shrinks to Grow." We looked at it and said, really? That’s not our experience, but continued to read, anyway.

Global Electronics Show Previews the Growing Internet of Things

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Whatever business you're involved in, an all-connected, always-on world of devices seems destined to affect your marketing or online strategy in some way. At the 2014 International CES in Las Vegas this week — that candy store for technology lovers formerly known as the Consumer Electronics Show — attendees are getting a chance to sample the impact of this Internet of Things (IoT).

We'll examine different areas of the technology throughout the week. Today, we're kicking off our coverage with an overview of what's changing the landscape, moving the IoT from a thing people wonder about to the one thing everyone needs to understand and maximize to their advantage.

2014: The Age of Data-Driven Storytelling, A Primer

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Storytelling makes data digestible. It gives data meaning. In 2014, more and more of the stories we see will be data driven or, at a minimum, data informed.

Mind you, at this point, I’m not talking about literature, television, movies, the oral tradition or even marketing pitches (the latter will come soon). I'm talking about stories that combine data and storytelling to do one of two things: to enrich a story that’s being told or to build narratives around data. In either case, data — big, medium or small — now plays a new, important role in engaging readers/receivers in stories and in making communication and decision-making easier.

Data-driven stories, it should be noted, are highly visual and intend to engage the reader/receiver in ways that Excel spreadsheets cannot.

The Internet of Things: Do Customers Have a Say in Who Owns Their Data?

The Internet of Things: Do Customers Have a Say in Who Owns Their Data?There’s a lot of money being made these days by people professing to be experts in big data and the interconnected concept of the Internet of Things. Business leaders who have been converted into disciples of data and analysis eagerly imagine the possibilities of a thoroughly interconnected world in which individual customers’ behaviors can be determined and even predicted by data delivered direct from their devices -- ranging from their computers to their home appliances.

CMSWire Top Contributors 2013 - Virginia Backaitis

vbackaitis.jpgVirginia Backaitis could write about a piece of toast and make it interesting. Our go-to for big data coverage, Virginia makes a complex topic approachable and makes writing about it look easy.

CMSWire's Top 10 Hits of 2013: Big Data

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Yes, Big Data was a Big Buzzword in 2013. The technology and business press — and even mainstream media — got a piece of the action, churning out article after article about what Big Data means to you. And that's part of the problem. Big Data means lots of things to lots of people.

It might be better to think of big data as big analysis, because that's really what's happening here. It's not about the data itself, but about analyzing the data to gain insights and business value, across industries and verticals. CMSWire has kept you up-to-date on the big data trend all year — and here are our Top 10 big data stories of the year.

The End of Data Scientists and Other Predictions

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We don't have a crystal ball at CMSWire — but we're curious about the future. So we’ve collected predictions from some our favorite analytics firms like Tableau, Splunk, Alteryx, Alpine Data Labs and SAP, as well as insights from the Music Industry Association and Ad Age.

We’re sharing a few of them with you. For the record, these prophesies do not belong to us, nor do we necessarily agree with them.

Big Data Goes Mainstream in 2014 - 6 Major Vendors Weigh In

There are some pretty safe bets to make around big data in 2014, so we’re going to make those and leave it to some of the leading big data innovators -- Cloudera, Hortonworks, MapR, Microsoft, Pivotal and SAP go out on the limb. 

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