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Royal Mail embraces big data to boost performance

20

Apr
2016
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Royal Mail embraces big data boost performance

As the UK's largest mail carrier, dealing with billions of items every year, Royal Mail is a company well-used to managing huge volumes of information. But when it comes to improving how it handles its own digital data, the business is still in the rollout stage.

Speaking at a recent Hadoop Summit in Dublin, director of the firm's Technology Data Group Thomas Lee-Warren, explained the company has turned to Hadoop as the basis of a drive to gain more value from its internal data.

He told ComputerworldUK that as every item Royal Mail delivers is tracked, it has a huge amount of data at its disposal. 

"We are about to go up to running in the region of a hundred … Read more

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Address your big data challenges, the Kognitio Analytical Platform explained

15

Apr
2016
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Watch how the Kognitio Analytical Platform provides highly scalable, in-memory analytical software that delivers ultra fast, high-concurrency SQL access to large and varied data using low-cost commodity hardware or Hadoop. When your growing user community wants ever faster query responses for complex workloads – they want unequivocal raw compute power by harenssing lots of CPUs efficiently doing lots of concurrent work, never waiting on slow disk. Enjoy the video, we had fun putting it together, leave us comments telling us what you think of it…

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Retail banks turn to big data to regain customer trust

13

Apr
2016
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Retail banks turn to big data to regain customer trust

For many retail banks, the task of regaining consumer trust in the wake of the financial crisis of 2008-09 will be a difficult and ongoing challenge. With the sector still viewed with suspicion by many people, presenting a more personal face and improving customer service levels will be a high priority.

It was noted by FusionExperience chief executive Steve Edkins in an article for ITProPortal that this has become even more important in today's connected era, where the internet and social media mean dissatisfied customers are able to quickly voice any complaints to a wide audience.

In order to improve their customer service and avoid such issues, many retail banks are therefore turning to big data to offer services tailored … Read more

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Banks ‘not making the most’ of big data

08

Apr
2016
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Banks 'not making the most' of big data

Many banks should be doing more to turn the wealth of information they have available on their customers into actionable insights, it has been stated.

Speaking to Network World, head of banking and financial services at IT consultancy Xavient Information systems Deanne Yamato-Tucker noted that these institutions now have access to a wide variety of data from consumer-facing products such as apps. However, few of these are effectively analysing this information.

As a result, they are failing to take advantage of new opportunities to re-invent their offerings, deliver higher levels of customer service and develop innovative new products.

By careful use of their customers' data, banks should be able to offer more specific, tailored services to consumers, with rates that … Read more

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‘Cognitive storage’ aims to cut the cost of big data

06

Apr
2016
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cognitive storage cut big data costs

One of the key challenges for any organisation embarking on a big data project will be ensuring that costs are kept under control – something that is not always easy to do when firms are collecting and storing huge amounts of information.

Therefore, in order to tackle this issue, IBM has revealed it is working on a new method for automatically classifying information in order to ensure the most relevant data is always on hand.

Known as 'cognitive storage', the solution involves putting value to incoming data, determining what data should reside on which type of media, what levels of data protection should apply and what policies should be set for the retention and lifecycle of different classes of data, … Read more

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How big data is helping transform the logistics industry

30

Mar
2016
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Image credit: iStockphoto/Maxiphoto

By some estimates, e-commerce now makes up more than half of all retail sales, indicating that it's clearly something no business can afford to be without if it wants to be successful.

But despite the huge range of innovations that have helped improve the sector over recent years, the final part of the process – the process of physically getting goods from a business into the hands of the consumer – has remained largely unchanged. Although offerings like click-and-collect give consumers more choice, for many people, it's still a matter of sitting around waiting for a courier to show up.

And for the logistics industry itself, it's this part of the process – the so-called 'last mile' between local distribution … Read more

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Streaming analytics to be key big data priority for 2016

25

Mar
2016
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Hadoop and Spark 'key big data platforms' in the UK

Improved streaming analytics capabilities, self-service solutions and advanced in-memory tools will be among the key big data analytics technologies businesses will be investigating throughout 2016, a new report has found.

A study by Forrester Research, which notes the development of big data technology is reaching a new stage this year, as organisations aim to embed the solutions into the applications that power their operations.

InformationWeek reports that the main priorities for 2016 indicate a change in businesses' attitudes and approach to big data. In previous years, companies were still struggling to get to grips with the technology and how they could extend their existing solutions to incorporate big data.

Now, however, there is a much higher level of confidence in … Read more

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Converged approaches to data ‘among key big data trends’ for 2016

22

Mar
2016
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Image credit: iStockphoto/cifotart

A move away from centralised data storage approaches, converged analytics platforms and a greater focus on value and quality will be among the key trends facing the big data industry in 2016.

This is according to co-founder and chief executive of MapR John Schroeder, who wrote in an article for IT Pro Portal that as big data analytics has moved beyond a buzzword to become an essential part of many organisations' strategy, it is transforming the enterprise computing environment.

However, this is an area that's constantly evolving. "With many new innovative technologies on the horizon, not to mention a particularly noisy marketplace, differentiating between what is hype and what is just around the corner can be challenging," Mr Schroeder noted.… Read more

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4 in 10 businesses to adopt IoT solutions this year

17

Mar
2016
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Image credit: iStockphoto/emyerson

The number of companies adopting Internet of Things (IoT) technology is set to see significant growth in the coming years, which is likely to place additional pressure on businesses to develop solutions to make the best use of the data they gather.

IoT is a technology that often goes hand in hand with big data analytics, due to the large volume and variety of real-time information they are capable of collecting. And for a growing number of organisations, the tools are set to have a pivotal role in how they operate.

Research from Gartner revealed that less than a third of companies (29 per cent) are currently using IoT. However, it also found that an additional 14 per cent … Read more

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Hadoop and Spark ‘key big data platforms’ in the UK

14

Mar
2016
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Hadoop and Spark 'key big data platforms' in the UK

Hadoop continues to lead the way as the preferred big data analytics platform for organisations in the UK, but Spark in starting to make inroads into its dominance.

This is according to recent research by Computing magazine, which found almost six out of ten respondents (59 per cent) believed their company will be using Hadoop as its primary analytical tool in 18 months' time.

This compares to 17 per cent who named Spark as the way forward for their business, while Kinesis (seven per cent), Storm (four per cent) and Flink (two per cent) received lower levels of interest. One in four IT professionals stated their business would be using another solution for big data processing.

However, the research found … Read more

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