Gil Press of Forbes reports, “Gartner released last week its latest Hype Cycle for Emerging Technologies. Last year, big data reigned supreme, at what Gartner calls the ‘peak of inflated expectations.’ But now big data has moved down the ‘trough of disillusionment’ replaced by the Internet of Things at the top of the hype cycle. In 2012 and in 2013 Gartner’s analysts thought that the Internet of Things had more than 10 years to reach the ‘plateau of productivity’ but this year they give it five to ten years to reach this final stage of maturity. The Internet of Things, says Gartner, ‘is becoming a vibrant part of our, our customers’ and our partners’ business and IT landscape’.” Read more
Posts Tagged ‘Big Data’
Jonathan Vanian of GigaOM reports, “EverString, a big data startup that helps companies identify prospective sales leads and new clients though predictive analytics, has raised $12 million in a series A funding round. Lightspeed Venture Partners led the round, which also included existing investors Sequoia Capital and IDG Ventures. While there are a host of marketing analytics services in the market like Silverpop and Eloqua that businesses use to aggregate numerous sales leads and find potential customers, EverString’s technology goes beyond whatever data is hosted internally within a company and branches out to the open web, explained EverString’s co-founder and CEO, Vincent Yang.” Read more
Deborah Gage of The Wall Street Journal reports, “Making big data stores as easy to search as Internet data has been a holy grail for the software industry, and it’s become a more pressing problem since the growth of the big data software Hadoop, which holds enormous amounts of data. Adatao Inc., a startup based in Sunnyvale, Calif., has raised nearly $13 million in Series A funding led by Andreessen Horowitz to take on the challenge. Founded in 2012 by veterans of Google Inc., Yahoo Inc. and the Army Research Lab, the company combines machine learning, natural language processing and in-memory (i.e. fast) computing to create a system in which users can write queries in ordinary English or one of several computer languages-—Smart Query, SQL, Scala, Java, Python or R–and get results in less time than it takes to speak their questions.” Read more
Chloe Green of Information Age recently wrote, “Handling immense data sets requires a combination of scientific and technological skills to determine how data is stored, searched and accessed. In science, the importance of data scientists in ensuring that data is handled correctly from the outset is not underestimated; other industries can learn from the scientific approach. Text-mining tools and the use of relevant taxonomies are essential. If we think about big data as a huge number of data points in some multi-dimensional space, the problem is one of analysis, i.e. frequently finding very similar or very dissimilar points which cannot be compared. In life sciences, taxonomies assign data points a class, thus comparison of two points is as easy as looking up other data points in the same class.” Read more
Dana Gardner of CRM Buyer recently wrote, “The power of Big Data technology is being successfully applied to understanding such complex unknowns as consumer sentiment and even intent. That understanding then vastly improves how retailers and myriad service providers manage their users’ experiences — increasingly in real time. Fortunately, today’s consumers are quite willing to share their intents and sentiments via social media, if you can gather and process the information. Hence the rapidly developing field of social customer relationship management, or Social CRM.” Read more
Sarah Austin, founder of Peak Energies recently wrote for Forbes, “The Valley bubble seems obsessed with the Internet of Things. Things are getting smarter. Devices talk to each other and people are now starting to talk to them. Things are evolving to make decisions, gather information and just take care of stuff for us. For a lot of people, it sounds too crazy. But we already benefit from the start of this shift. Take a Thai restaurant for example. You ask your phone to find you nearby Thai food, and it gives you a list of options. But why doesn’t it filter out obviously bad ones? Or determine that it only need show the closest location of the restaurant chain, and that if two places have a nearly identical menu, but one is 20 percent more expensive and a mile further away, it shouldn’t come up in your immediate results? This is the future of tech. As humans, we want choices, but we don’t want 100 choices. Read more
Is SPARQL the SQL for NoSQL? The question will be discussed at this month’s Semantic Technology & Business Conference in San Jose by Arthur Keen, vp of solution architecture of startup SPARQL City.
It’s not the first time that the industry has considered common database query languages for NoSQL (see this story at our sister site Dataversity.net for some perspective on that). But as Keen sees it, SPARQL has the legs for the job. “What I know about SPARQL is that for every database [SQL and NoSQL alike] out there, someone has tried to put SPARQL on it,” he says, whereas other common query language efforts may be limited in database support. A factor in SPARQL’s favor is query portability across NoSQL systems. Additionally, “you can achieve much higher performance using declarative query languages like SPARQL because they specify the ‘What’ and not the ‘How’ of the query, allowing optimizers to choose the best way to implement the query,” he explains.
In mid-July Dataversity.net, the sister site of The Semantic Web Blog, hosted a webinar on Understanding The World of Cognitive Computing. Semantic technology naturally came up during the session, which was moderated by Steve Ardire, an advisor to cognitive computing, artificial intelligence, and machine learning startups. You can find a recording of the event here.
Here, you can find a more detailed discussion of the session at large, but below are some excerpts related to how the worlds of cognitive computing and semantic technology interact.
One of the panelists, IBM Big Data Evangelist James Kobielus, discussed his thinking around what’s missing from general discussions of cognitive computing to make it a reality. “How do we normally perceive branches of AI, and clearly the semantic web and semantic analysis related to natural language processing and so much more has been part of the discussion for a long time,” he said. When it comes to finding the sense in multi-structured – including unstructured – content that might be text, audio, images or video, “what’s absolutely essential is that as you extract the patterns you are able to tag the patterns, the data, the streams, really deepen the metadata that gets associated with that content and share that metadata downstream to all consuming applications so that they can fully interpret all that content, those objects…[in] whatever the relevant context is.”
Perficient is looking for a Big Data Solution Architect to work anywhere in the United States — this person will travel about 75% of the time. According to the post, “Perficient is looking for Solution Architecture Consultants who are passionate about data and can lead the building of next generation Big Data and predictive analytic applications. You will be working with Perficient business units and technology partners to understand client business objectives and drive solutions that efficiently meet the needs of the business. You will be responsible for guiding the full lifecycle of delivery of information management systems, identifying, quantifying, and winning Perficient consulting opportunities, and providing industry thought-leadership; all while building one of the industry’s leading-edge consulting practices. ” Read more
SAN DIEGO — Teradata (NYSE: TDC), the analytic data platforms, marketing applications, and services company, today announced two acquisitions that accelerate the growth of its big data capabilities.
On July 16th, Teradata acquired assets of Revelytix, a leader in information management products for big data with unique metadata management technology and deep expertise in integrating information across the enterprise. On July 17th, Teradata acquired assets of Hadapt, including experienced big data technologists and intellectual property. Read more
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