April 09, 2015

Redefine BI to Unleash Big Data's Power
Legacy Enterprise Data Warehouse (EDW) systems will not disappear in the near future, if ever. Many business users are dependent on the rigorous performance reporting implemented from an ROI perspective and a replacement is not currently feasible. Additionally, some of the newer tools need to reach a level of maturity for production systems. On the other side, no enterprise can ignore the availability of a newer parallel processing platform that can run complex computational algorithms based on massive volumes of structured and unstructured data. Legacy EDW systems are simply not designed to provide insights from new formats and higher volumes of data on an industrialized scale, which has led to significant opportunities for newer technologies to overcome the challenges enterprises are faced with.

The one thing Microsoft's Project Spartan browser needs to succeed
IE once enjoyed a virtual monopoly of the browser market. Firefox and Chrome--and to a lesser extent Apple's Safari--have eaten away at that dominance. IE still has more market share than all of those rivals combined, but its 90+% market share dwindled to just over 50%. Even that figure is debatable, because it depends on how you measure the browser market. There are metrics that suggest Chrome is more popular than IE. Part of that is driven simply by the browser itself. Firefox and Chrome both have vibrant, dynamic ecosystems of extensions and plug-ins that enable the browser experience to be customized and more powerful than the off-the-shelf browser itself. IE also has add-ons available, but they've never had the loyal following of Firefox and Chrome.

A Better Way for Leaders to Envision the Future of Their Industries
Most business strategy papers suffer from the same problem. In order to prepare their readers for a future defined by different rules, authors virtually always decide to kick things off by listing a series of changes they foresee in the landscape of the organization. They inform us that "intensified pressure from newcomers will transform the business landscape," "today’s business models will increasingly become outdated," and "success in the future will depend on ever more flexibility and agility in our decision-making." Shocked? Startled awake? I didn’t think so. This trend-line language doesn’t really engage our minds. It makes us envision, subconsciously, a line that depicts a gradual change in our daily reality.

Former Goldman Exec Wants to Upend the Way the World Moves Money
“It’s ironic that we can send a physical package from one part of the world to another faster, cheaper, and with more transparency than money,” Uberoi says over a curry lunch at an Indian eatery next door to Earthport’s offices in the City of London. “We saw a need to create a FedEx for money,” he continues, “but it was going to be difficult. Banks are highly regulated, they are risk averse, and moving money is a mission-critical function for them. We came to market offering a solution in 2011, and banks looked at it and said, ‘You’re crazy! Here you are, this money-losing company, telling me I can do payments differently? Forget it!’” ... “It’s plumbing, but the payments market has opened up, and its size could not be larger,” Hammer says. Wim Raymaekers, SWIFT’s head of banking, says that the time has come for fundamental change.

Advanced threats are the new baseline, says Websense
“It is only when organisations have a clear picture of everything that is going on with the tools and capabilities that make cyber crime so easy for attackers that they are in a position to secure their enterprise.” Despite the growing awareness of the kill chain model that analyses cyber attacks in seven key stages to find ways to detect and disrupt each stage, Leonard said organisations still tend to focus on point systems. “But while these systems can be very good at identifying one particular aspect of a threat, there is a need for broader technologies to operate across the kill chain and raise the bar by putting obstacles at every stage of an attack,” he said.

The Internet of Things
Creating a climate for trust and responsible innovation is essential, as the development of IoT touches upon questions of security, privacy and trust. Furthermore, as the IoT will become widespread in citizens' lives at home, in the office, in public or on the move, discussion needs to identify any policy or regulatory requirements, where an impact could be foreseen, as well as in terms of education. In order to fully deploy IoT, pervasive and easy access to wireless and mobile communication and identification/numbering resources to connect billions of objects is necessary. Iin particular, mobile access should be provided in a competitive, low-cost and cross-border manner to allow Machine-to-Machine and IoT applications to flourish.

JPMorgan Big Data Algorithm Identifies Rogue Employees
“What they’re trying to do is forecast human behavior,” said Mark Williams, a former Federal Reserve bank examiner who’s now a lecturer at Boston University’s Questrom School of Business. “Policing intentions can be a slippery slope. Do people get a scarlet letter for something they have yet to do?” Care will be taken to strike the right balance in monitoring employees at JPMorgan, said Dewar, a former U.K. regulator. She’s responsible for helping executives at the investment bank implement the new controls, while Chief Control Officer Shannon Warren has oversight of the firm-wide effort. The bank wouldn’t describe all of the inputs being used for its predictive program, which specific business it’s being tested on, or what steps will be taken if concerns are raised about an employee.

Is Augmented Reality The Next Tech Revolution?
A number of companies are in various stages of developing augmented reality tech. But are the claims and demo videos that have already been released too good to be true? Will the visions of startups like MagicLeap become a reality, or do they simply offer an illusion of something better than modest reality underneath? If the future of virtual and augmented reality technologies plays out the way the companies behind them hope it will, then one day your laptop, your smartphone, and your television could be replaced by devices that overlay virtual apps and experiences on your surroundings or create immersive experiences that let you experience an entirely different world in your living room.

​MariaDB Corp picks off speed bottlenecks and tightens anti-SQL injection measures
MariaDB is the community-developed branch of Oracle's open-source MySQL database, acquired for $1bn by Sun Microsystems, which in turn was bought by Oracle for $7.4bn in 2010. By then, some of the database's original creators had already left to create MariaDB. Last October, commercial MariaDB company SkySQL announced it was changing its name to MariaDB Corporation. The new MariaDB Enterprise release features protection against SQL-injection attacks using a database firewall filter. In a few months community MariaDB will also include the database encryption developed and used internally by Google, which has been using MariaDB for a year.

Keeping Up with the Growth of Scientific Data
Physicists have been using metadata to manage really big data for decades, developing their own bespoke metadata and data management tools with each new project. Cern actually developed three separate metadata systems to manage the two storage systems used in their ground-breaking LHC work that famously captured 1PB of detector data per second in search of the elusive Higgs boson. So when NASA needed to keep track of all the data coming from the Hubble Space Telescope, it consulted the physicists at the Stanford Linear Accelerator (SLAC) BaBar experiment, and applied their metadata-based techniques to astronomy. Data collected from Hubble over the decades is meticulously annotated with rich metadata so future generations of scientists, armed with more powerful tools, can discover things we can’t today.

Quote for the day:

"I can find technical expertise more easily than I can find situational leaders, and project managers are situational leaders." -- Raj Kapur, president of the Center for Project Management

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