Archive | August, 2012

Financial Analytic Funding on the Rise

August 31, 2012–Financial analytics is becoming a major talk topic around the water cooler. The main topic is usually, “what took so long?” Thankfully, the wait is over for money-minded professionals to embrace big data. We saw a perfect example in the recent CNBC article, “OpenGamma Secures $15 Million in Series C Funding Led by  Read more »

CMOs Need More Support with Analytics

August 31, 2012–As more departments within enterprises realize the enormous power contained within data the need for communication between the IT teams and other departments grows. A recent Wall Street Journal article, “CIOs Can Own, Cleanse Customer Data”, explains how interdepartmental cooperation, with a particular emphasis on marketing, is mandatory in today’s Big Data age.  Read more »

Health Insurance Providers Moving Forward with Analytics

August 31, 2012–With changes occurring almost weekly to the nation’s health insurance industry it is no surprise that health insurance providers are looking for ways to streamline processes, cut costs and eliminate waste. Many such providers are turning to analytics to accomplish all these goals and more. The recent Fierce Health Payer article, “Fierce Q&A:  Read more »

Health Insurance Provider Turns to IBM for New Analytics

August 30, 2012–One of the industries most impacted by data, both traditional and Big, is the healthcare industry. Health insurance providers are increasingly finding themselves drowning in data and with the many new federal mandates working with antiquated software is the last hassle these companies need. The ZDNet article, “HCF Keeps Members Healthy with Big  Read more »

Business Intelligence on the Rise

August 30, 2012–Business Intelligence (BI) is one of the fastest growing industries and recent predictions show no decrease in that growth. Recently, Express Computer interviewed Sandeep Sharma, Managing Director, South Asia, Nice Systems, to gage how the changes in BI are affecting individual enterprises. The resulting article, “The Big Data Opportunity Is One of the  Read more »

Big Data Takes to the Offensive

August 30, 2012–Data Analytics has garnered a terrific amount of attention of late, much of it focused on improvements to IT security. Until recently, the governing principle of data based security has been protection or maintaining a defensive posture, but many in the field are suggesting taking the fight directly to the hackers.  A recent  Read more »

Big Data Should Eliminate Consumer Stereotypes

August 29, 2012–Increasing their share in the U.S. Latino market offers enormous growth potential for consumer based companies, and data analytics is helping those companies to market to these customers in new and interesting ways. An article published by the PR newswire, “Luminar Launches as the First “Big Data” Analytics Solutions Provider for Marketers to  Read more »

Big Data Finds a Home in Higher Education

August 29, 2012–Over the years, Higher Education has evolved into a complex industry, and like any other industry, it needs data in order to improve its product. In 2010, Queensland University of Technology was looking to access more of the data generated by the school’s student management system, and it chose the data monitoring and  Read more »

Americans Continue to Resist Political Data Mining

August 29, 2012–Most Americans have always maintained a great deal of political privacy.  Inquiring into your neighbor’s vote is akin to comparing salaries, socially taboo, and according to new poll data, Americans are equally uneasy about having their political preferences shared via data analytics.  A recent article published by Forbes,  “Big Data Pushback? 86 Percent  Read more »

Improvements in Big Data Security Solutions

August 28, 2012–Everyday big data is expanding its reach into IT security. Trend Micro Inc. recently announced an overhaul of the Smart Protection Network.  This cloud-based security system was introduced in 2008 and powers most of the company’s services. The latest version improves upon big data analytic capabilities and enables the identification of threats across a broader range  Read more »