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New programming language ‘boosts big data speeds fourfold’

22

Sep
2016
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A new programming language developed by researchers at the Massachusetts Institute of Technology (MIT) is claiming to be able to increase the speed of big data processing by up to four times.

Called Milk, the language allows application developers to manage memory more efficiently in programs that deal with scattered data points in large data sets. In tests conducted using several common algorithms, programs written in the new language were shown to be four times as fast as those written in existing languages, but the researchers behind the language believe that further work will result in even larger gains.

Milk is intended to solve one of the biggest barriers to successful implementation of big data analytics processes – how efficiently … Read more

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Hadoop and NoSQL drive big data boom

20

Sep
2016
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Investments in technologies such as Hadoop and NoSQL will underpin much of the growth in the big data analytics market in the coming years, with non-relational solutions set to increase at around twice the rate of the sector as a whole.

This is according to a new report from Forrester Research, which found that over the next five years, big data will grow at a rate of around 13 per cent a year. However, NoSQL is set for a compound annual growth rate of 25 per cent over the period between 2016 and 2021, while the projected figure for Hadoop is 32.9 per cent.

It also noted that this year, some 30 per cent of organisations have implemented Hadoop, up … Read more

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How big data helps keep trains running on time

15

Sep
2016
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Siemens – the largest engineering company in Europe – is trying to improve punctuality on Germany’s rail network by utilising big data analysis and predictive maintenance.

The most recent data from the European Commission reveals that just over three-quarters (78.3 per cent) of the country’s long distance trains arrived on time. The report, published in 2014, found that just two other countries racked up worse averages, with Portugal and Lithuania coming in behind.

But it is hoped that the introduction of big data analytics will change this, the Financial Times reports. A group of Siemens employees have fitted hundreds of sensors to the trains, which relay data back to the engineers about the condition of the locomotive’s parts.

By combining … Read more

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Shop Direct highlights big data’s impact as profits rise

13

Sep
2016
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Online retailer Shop Direct has highlighted its investments in big data and machine learning as among the reasons for its recent success, as it unveiled revenue of £1.86 billion for the first full year since the implementation of these technologies.

Computing magazine reports that the company, which runs brands including Littlewoods.com and Very.co.uk, reported profits of £150.4 million for the period, an increase of 43 per cent year-on-year.

Chief executive of the group Alex Baldock said this success has been down to a greater focus on new technology, and this is something that the firm will continue with in the coming years.

“This was the year our investments in technology really started to pay off," he said. "We've made big … Read more

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Software to dominate as big data market grows to $72 billion

12

Sep
2016
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This year is set to see the big data analytics market grow into a sector that it is worth $46 billion (£34.6 billion) in revenues, as the technology continues to become commonplace throughout all businesses.

According to predictions from SNS Research, the rise is set to continue for the coming years, with business spending forecast to reach $72 billion by the end of 2020, as firms invest in big data hardware, professional services and software.

The company has predicted that the compound annual growth rate (CAGR) will be around 12 per cent over the next four years. More than $7 billion is expected to move from hardware dominated to software dominated goods by the end of this decade.

This suggests … Read more

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Stanford offers guidance on big data ethics for education sector

07

Sep
2016
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Stanford University has launched a new resource that aims to offer guidance and set out best practices for the responsible use of big data in the higher education sector.

The project saw researchers from the university and Ithaka S+R, a nonprofit education consulting firm, bring together 70 experts from academia, government, nonprofits and the commercial education technology industry to debate some of the biggest issues surrounding the use of data in education, and how these could be tackled.

The result is a new website, Responsible Use of Student Data in Higher Education, which launched on September 6th and aims to clarify the often unclear rules surrounding what can and cannot be done with this technology.

Martin Kurzweil, director of the … Read more

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US organizations ‘insufficiently prepared for IoT security risks’

01

Sep
2016
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US organizations are ramping up their investment in Internet of Things (IoT)-enabled devices at the moment – but do not always seem to be taking the security precautions necessary to defend against the advanced range of threats the technology can bring about.

This is according to a new report from security solutions provider Tripwire, which surveyed more than 220 information security professionals attending the 2016 Black Hat USA conference, finding that many companies may not have adequately prepared themselves for the new technology paradigm that the IoT represents.

When asked whether their organizations had prepared for the security risks associated with IoT devices, only 30 per cent responded in the affirmative, with 37 per cent saying they had not but … Read more

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CSA unveils big data security best practice guidelines

31

Aug
2016
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The Cloud Security Alliance (CSA) has unveiled 100 best practices for cloud users to take note of when gathering and handling big data in a bid to improve cyber security on a global scale.

It has split its recommendations into ten categories, with ten key points to follow in each one. The first of these centres around the importance of securing computation in distributed programming frameworks to prevent information leaks and to improve compliance, while the second focuses on improving the general security of non-relational data stores.

Thirdly, the CSA wants to see organisations improving the way that they store and log big data, as without adequate encryption methods, data is placed at significant risk of a breach.

Improving endpoint … Read more

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US govt turns to big data to fight security breaches

30

Aug
2016
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A significant majority of federal US government agencies have adopted big data analytics tools in order to improve their cyber security capabilities, a new report has found.

The 'Navigating the Cybersecurity Equation' study, conducted by MeriTalk on behalf of Cloudera, revealed more than four-fifths of organisations (81 per cent) are using this technology in some form. Some 53 per cent of agencies reported big data has a role to play in their overall cyber security strategy, while 28 per cent stated they were using it in a more limited capacity.

However, many federal agencies are still struggling to keep up with the threats posed by hackers and other cyber criminals. Nearly six out of ten respondents (59 per cent) reported … Read more

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Lack of skills holding back adoption of big data

25

Aug
2016
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Key technology projects such as big data analytics, Internet of Things (IoT) deployments and artificial intelligence (AI) are being held back because businesses lack the skills to properly implement them.

This is the finding of a new report by Capita and Cisco, which revealed that while there is widespread awareness of the importance of these solutions, there is a strong disconnect between this and the actual implementation of solutions.

For example, nine out of ten respondents (90 per cent) agreed that big data analytics is relevant to their business. However, just 39 per cent stated they were currently utilising this technology.

One reason for this is that nearly two-thirds of businesses (64 per cent) did not have the skills to … Read more

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