Information Management Report The market size for complex event processing (CEP) systems in the financial industry has grown to roughly $115 million this year, and is expected to grow by around 30 percent every year for the next two years, according to a report released by the research and consulting firm Celent. In the report, [...]
MIT Technology Review A new analysis of research about the predictive power of social media challenges claims that Twitter can predict the outcomes of elections. The University of Oviedo’s Daniel Gayo-Avello contends the research on Twitter and elections is riddled with flaws. Gayo-Avello says researchers have assumed that all tweets are trustworthy when political statements [...]
Market Watch, WSJ Fujitsu today announced the development of new software offerings that help customers utilize big data. The new products consist of two product families: a line of parallel distributed processing and complex event processing products -which are standard technologies in big data applications – and a line of products to employ big data [...]
by Linda Vu, ESnet The U.S. Department of Energy’s Energy Sciences Network (ESnet) is laying the foundation for a high-speed network that can transport an increasing amount of scientific data. “Over the last decade, the amount of scientific data transferred over our network has increased at a rate of about 72 percent per year, and [...]
The real-time benefits of complex event processing: David Luckham explains by Peter Schooff. Listen to the podcast with David Luckham, emeritus professor of electrical engineering at Stanford University, and author of Event Processing for Business: Organizing the Real-Time Enterprise, published by Wiley. In this podcast we drill down on one of the keys to today’s [...]
by Paul Francuch, University of Illinois at Chicago University of Illinois at Chicago (UIC) professor Jakob Eriksson is developing a traffic model that gathers and assembles data from smartphones, online maps, radio, and TV. “The long-range ambition is to build something like a roadmap, but annotated with everything that’s going on at the moment,” Eriksson [...]
by James Bamford, Wired News The Utah desert is the site of a massive surveillance facility being built for the U.S. National Security Agency (NSA), with the purpose of secretly intercepting, deciphering, analyzing, and storing vast volumes of communications. The size of the center, combined with the data storage capacity of modern technologies, makes the [...]
by RANDALL STROSS, NYT Business Day The U.S. Defense Advanced Research Projects Agency (DARPA) wants to confirm a user’s identity by the way they type on a keyboard instead of using passwords. That’s a vision that the Defense Advanced Research Projects Agency, part of the Defense Department, wants to turn into a reality. It will [...]
from PC Mag.com Artificial intelligence has recently seen some great developments: better search engines, improved speech recognition programs, IBM’s Watson project, and more. Underlying all of these advances are models of machine learning. Often, these models are in turn based on mathematical frameworks created by Judea Pearl, professor emeritus at UCLA, that enable algorithms that [...]
by Andrew Brust, ZDNet.com In a recent post, I discussed MPP (Massively Parallel Processing) data warehouse technology and how it too is a Big Data technology. I also explained some things MPP has in common, architecturally, with Hadoop’s MapReduce parallel computation approach to handling large data sets. There’s another three-letter acronym that is at once [...]