Advanced analytics ‘vital’ for retailers

Businesses in the retail sector need to ensure they have access to high-quality analytics solutions or risk being unable to compete with more tech-capable competitors. This is according to Gartner, which stated that the impact of technologies such as the Internet of Things (IoT) will prove to be highly disruptive to the sector over the…

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MIT demonstrates more efficient big data solution

Researchers at the Massachusetts Institute of Technology (MIT) have unveiled a new network design that they claim could make big data analytics operations cheaper and less power intensive, without compromising on performance. The technique involves integrating flash memory into big data applications in such a way as to overcome the speed deficit that the technology…

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BI pros ‘spend majority of time cleaning data’

Many business intelligence (BI) professionals spend more time on basic data cleansing operations to ensure information is fit for analysis than any other activity, a new survey has revealed. Research by Xplenty found one-third of these individuals spend between 50 and 90 per cent of their time tidying up raw data. The company observed that…

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Hadoop technology ‘needs standardisation’

More work needs to be done by Hadoop providers to help define a clear set of standards for the technology if it is to reach its full potential. This is according to Stefan Groschupf, co-founder and chief executive of Datameer, who wrote in a recent article for Tech Crunch that a more structured process for…

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Big data ‘set for sixfold growth’ by 2019

Jul 07, 2015 | By

Business interest in big data analytics solutions is set to continue growing at a rapid pace over the next few years, with the market for this technology expected to increase sixfold by the end of the decade. This is according to a new report from Ovum, which forecast that demand for big data services is…

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