How big data is set to boost the effectiveness of analytics in banking

Jaroslaw Knapik, Senior Analyst, Financial Services Technology

Big Data will dramatically enhance key areas in banking such as fraud analytics, customer analytics, and web analytics. It does not replace banks’ current analytical infrastructure, but extends its scope: it has become conceivable to conduct analyses based on all data, not just a sample.

Big Data also extends the range of data types that can be covered, the problems that can be addressed, and the user groups able to use it within a single...

By Ovum StraightTalk, 16 June 2014, 2 comments. Categories: Data & Analytics, Industry.

Hiring for cloud? Here's how to find the right people

Demand for cloud-skilled IT workers continues to outstrip the supply, and demand keeps growing.  You can’t pick up a technology journal without seeing quotes from hiring managers who complain about the lack of cloud skills in the job market these days.  Training and OJT are well underway, but growth is just too steep to fill all of the jobs.

The search for cloud talent is made harder due to several realities in the tech industry:

  • Cloud providers do a poor job of providing generalized cloud computing skills. They typically focus only on their...

By Logicworks, 05 June 2014, 0 comments. Categories: Economy, Industry.

How the insurance industry is set to fully embrace cloud

The consumer insurance industry may be one of the more reluctant industries to jump head-first into the cloud. Think about the current process of getting a home, renters, auto or life insurance policy through a traditional vendor. You might shop for quotes online, visit an agent in person, or have companies compete over your business.

Think about all the back-end computing that goes into running an insurance operation. Agents are always in the field assessing damages, administrative personnel is fielding...

By CloudWedge, 28 May 2014, 0 comments. Categories: Best Practice, Industry.

Salesforce.com aims to bring Dreamforce atmosphere to London

Sketch It was a throwaway comment made by Dr Steve Garnett, Salesforce EMEA president at the Salesforce1 World Tour London press briefing on Thursday, but it was a resonant one. Last week’s event felt like Dreamforce five or six years ago, he explained.

It was meant to signify both the atmosphere of the event as well as the growth of Salesforce.com in the UK – and the keynote went crash, bang, wallop into this.

“We’re seeing record crowds, everywhere we go, around the world, because people are hungry to...

By James Bourne, 27 May 2014, 0 comments. Categories: Editorial, Industry, Salesforce.

Is Rackspace considering exit options?

RackSpace has recently confirmed that they have retained Morgan Stanley in order to begin entertaining acquisition or partnership requests. As Cloud’s Big Three began their race to the bottom in regards to pricing, it left many industry analysts wondering what would happen to RackSpace once the dust settled.

RackSpace has become an important player in the cloud market. Although the company is a publically traded stock, it seems as if RackSpace...

By CloudWedge, 22 May 2014, 0 comments. Categories: Industry, M&A.

The cloud skills gap is getting wider, argues Interoute exec

“Anyone starting a company right now would have to be completely bonkers to build their own infrastructure,” roars Interoute chief technical officer Matthew Finnie.

Finnie is a man never short of an opinion or two, and with the number of born in the cloud companies increasing, this seems like a pretty safe bet. But here’s another view: the skills gap in the industry continues to get bigger.

“You’ve almost got two- or three-speed adoption to the cloud,” he tells CloudTech....

By James Bourne, 19 May 2014, 0 comments. Categories: IaaS, Industry, Interview, Storage.

Cloud computing on a CV: The benefits explained

If you work within IT and your resume is missing the word “cloud”, you are mostly likely lagging behind your competition in the job market. When openings for seasoned IT professionals come about, you should expect the other applicants to be aggressive, educated and ready to talk about cloud. It is the one specific word could set your resume apart from others applying for the position you desire.

Since IT services seemingly are becoming more cloud oriented, it is becoming imperative to become a...

By CloudWedge, 14 May 2014, 1 comment. Categories: Industry, Infrastructure.

These numbers show that Box CEO Aaron Levie is a genius

When Box filed its long-awaited paperwork to become a public company, it set off discussions about the financial health of the company, and the long-term viability of its business model.

At issue was how much money Box spends- particularly on sales and marketing - compared to its revenue. People began to wonder whether the founder and CEO, Aaron Levie, was a quack or a modern-day genius.

Let me be clear: he’s a genius, and he’s not the only...

By Tien Tzuo, 08 May 2014, 0 comments. Categories: Industry, Storage.

Analysing Canada's cloud to help cure cancer

Is there anything cloud can’t do? Canada is investing in a cloud biotech infrastructure that could potentially help solve one of the worst problems of humankind: cancer.
 
Sources say that the Canadian government has invested over $6.7m USD into infrastructure that is designed to analyse genetic data that could bring us closer to a cure. The Natural Sciences and Engineering Research Council first began working on this project and other organisations such as Genome Canada, the Canada Foundation for...

By CloudWedge, 06 May 2014, 0 comments. Categories: Enterprise, Industry.

Understanding IoT: The Internet of Things explained

The Internet of Things (IoT) is not some future concept, nor is it just around the corner; it has been here for some time, and it’s growing. Fueled by the expansion of wireless and cloud computing technology, more things are now connected to the internet than people. That’s all people, not just people on the internet.

What are these “things” which make up the Internet of Things? The IoT is not limited to smartphones and tablets, laptops and...

By NEI, 25 April 2014, 0 comments. Categories: Industry, Trends.