Monday, April 15, 2013

Prescriptive Analytics And Big Data: Next Big Thing?

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  Monday, April 15, 2013
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Doug Henschen <dhenschen@techweb.com>
Doug Henschen
 
 

Being tipped off to the future is always helpful, but what's the best course of action once you get a prediction? That's where prescriptive analytics comes into play.

As Jeff Bertolucci reports this week, prescriptive analytics is an emerging technology that goes beyond descriptive and predictive analytics to recommend specific courses of action and show the likely outcome of each decision.

To its proponents, prescriptive analytics is the next evolution in business analytics, an automated system that combines big data, business rules, mathematical models, and machine learning to deliver sage advice in a timely fashion. Despite its potential, prescriptive analytics is barely a blip on the business analytics radar screen, Bertolucci reports, with Gartner saying it's used by only 3 percent of organizations today.

Read More.

ALSO IN THIS EDITION
Teradata Joins SQL-On-Hadoop Bandwagon
Big Data: Start Small, Think Big
IBM: Flash Storage Hits Tipping Point
Military Plans Multi-Exabyte Storage Cloud
Don't Confuse Big Data With Storage
Oracle Cuts Big Data Appliance Down To Size
Inside IBM's Big Data, Hadoop Moves
Research: Big Data, Smart Data
Making Big Data Fast And Easy: Creating Context Across Multiple Data Sources
Choosing A Data Integration And Governance Approach In A Big Data World

  Digital Issue  
INSIDE THIS WEEK'S ISSUE OF DARK READING
People are your most vulnerable endpoint. Make sure your security strategy addresses that fact.

Also in the new, all-digital issue of Dark Reading: Effective security doesn't mean stopping all attackers.

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NEWS & ANALYSIS
Teradata Joins SQL-On-Hadoop Bandwagon
Teradata announces standard SQL access to Hadoop data, following in the footsteps of IBM, EMC and Cloudera. Hadoop is the winner.

Big Data: Start Small, Think Big
A toe-in-the-water approach to big data makes more sense than jumping in with both feet, says Raj Sabhlok, the CEO of IT management software firm ManageEngine.

IBM: Flash Storage Hits Tipping Point
Flash is now cheaper than most spinning disks--and it dramatically speeds up application and database performance, IBM says. What about Hana and Exadata?

Military Plans Multi-Exabyte Storage Cloud
The Defense Information Systems Agency will spend $45 million on a private storage cloud for intelligence and surveillance imagery.

Don't Confuse Big Data With Storage
A large part of big data management is knowing what data to analyze, what to back up, and what to dump, says one disaster recovery expert.

JOIN THE CONVERSATION
Posted By Andrew Hornbach:
"It makes sense to add flash as a storage tier as opposed to replacing all of the spinning media in one fell swoop. For bulk storage, archives, and disk to disk (and disk to disk to tape) backup, rotating media makes a lot of sense. When you have an application that can actually utilize the performance increase available with flash, it's more than worth the investment.

"However, I think Goyal may be dreaming a bit in thinking that using flash to run a database from may end up reducing the number of operating cores in an environment. If there's something I've learned over my career, quantities don't tend to roll back, especially when they're directly linked to processing power." /font>
In reply to: IBM: Flash Storage Hits Tipping Point
View Entire Response | Post Your Own Reply

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COMMENTARY
Oracle Cuts Big Data Appliance Down To Size
Doug Henschen
Few big data deployments start really big, so Oracle's new six-node 'Starter Rack' Big Data Appliance stores 216 terabytes and costs $160,000.

Inside IBM's Big Data, Hadoop Moves
Doug Henschen
IBM DB2 adds in-memory analysis and compression tricks, while PureData System for Hadoop arrives as an appliance.

 
REPORTS & WHITEPAPERS
FEATURED REPORTS
Research: Big Data, Smart Data
Don't get us wrong. The ability to collect and analyze data is a core IT value proposition. Companies like Wal-Mart, FedEx, and Southwest Airlines gained strategic advantage by digging into their core business data long before it was labeled "big." And there's no question there's more data available than ever, especially information from the Web and the new wave of smart mobile devices.

Our beef, though, is that most businesses aren't good at using the data they have now. What are the odds we'll get better with more being piled on? More data doesn't fix bad analysis.

Download Now (Registration Required)

Featured Report

MORE REPORTS

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FEATURED WHITEPAPERS
Making Big Data Fast And Easy: Creating Context Across Multiple Data Sources
Although big data promises huge insight, the truth is, many companies are struggling to realize the benefits due to the difficulty in integrating data from multiple silos. This research paper examines how to create contextual big data and how to simplify the analytics process for business users without needing to go to IT every time a new study begins. Pros and cons of multiple methods for big data analytics are analyzed, and recommendations for getting started are provided.
Download Now (Registration Required)



MORE WHITEPAPERS
 
RESOURCES AND EVENTS
Choosing A Data Integration And Governance Approach In A Big Data World
In this session you will hear Gartner Analyst Eric Thoo describe four different approaches to data integration. Thoo will map the different approaches to five key use cases to help you identify the capabilities you need and to provide insights into evolving data integration challenges and the capabilities that are emerging to address them.

David Corrigan from IBM will describe the IBM InfoSphere data integration solutions and relate them to the different critical data integration use cases.

Attend this webcast to develop a framework for approaching data integration in the new era of Big Data. It happens April 23, 2013.

For more information and to register.

More Information & Registration

Click here


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