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News (484)

AWS Unveils HealthLake

Amazon has a new big data service, HealthLake, specifically for life science and healthcare, reports ZD Net. 

Tuesday, during a keynote on machine learning for week two of Amazon's re:Invent conference for Amazon Web Services, AWS's vice president for AI, Matt Wood, took the stage to discuss several new aspects of industrial applications of machine learning.

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Big Data is Important

Big data, when used correctly, is an important asset for companies, reports Analytics Insight. 

The term ‘Big Data’ is the talk of both business and tech world today. Companies across sectors are slowly realising the value of data they have stored so far. The new phrase ‘Data is an asset’ is sealing the commercial market.

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Real Time Analysis of Big Data

Companies are seeing benefit from doing real time analysis of big data streams, reports Tech Target.

More and more companies have adopted big data streaming platforms to get real-time analysis of their data

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Microsoft Releases Big Data Tool

According to MS PowerUser, Microsoft now has a big data analytic tool, Azure Synapse Analytics. 

Microsoft’s Big Data analytics tool, Azure Synapse Analytics, is now generally available. Azure Synapse Analytics is an analytics service for large data lakes that brings together data integration, enterprise data warehousing and big data analytics. It gives you the freedom to query data on your terms, using either serverless or dedicated resources at scale.

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Unstructured Data Could Mean New Insights

According to Forbes, unstructured data is on the rise and it could play an important part in new business intelligence insights. 

The quantity of digital text data has grown exponentially in recent years and will continue to grow.

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Big Data Could Lead to Bias

The UN warns that big data collected for the police, by artificial intelligence, could reinforce racial bias, report Aljazeera.

Police and border guards must combat racial profiling and ensure that their use of “big data” collected via artificial intelligence does not reinforce biases against minorities, United Nations experts said on Thursday.

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Big Data Equals Better Government

According to Fed Tech Magazine, federal governments can leverage big data to accomplish their missions more effectively.

Big Data has the power to transform how government agencies accomplish their missions by making them more effective and efficient.

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Big Data Enters Financial Services Market

Financial services companies are finally seeing the value in big data, reports TechRepublic.

Financial services companies are and continue to be focused on maintaining a majority of their mission-critical systems on premises, where they have direct control. They also want direct control to quickly recover systems if a failure occurs. It's also financial institutions that have the reputation of being transaction-driven and not customer-centric.

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Harbr Ready to Launch Exchange Platform

According to TechCrunch, start-up Harbr is set to launch a secure big data exchange platform. 

Organizations today are sitting on mountains of data that they amass and use in their own businesses, but many are also looking to share those troves with other parties to expand their prospects — a model that comes with challenges (privacy and data protection being two key ones); and, these days (due to COVID-19 and the push to more digital transformation), with urgency; but also big rewards if you can pull it off well.

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Big Data Called Election

Big data predicted the election outcome before election day, reports the Hill

At every moment of our lives, we are contributing to a never-ending trail of data, our digital footprint.

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