|By PR Newswire||
|March 11, 2014 07:44 AM EDT||
NEW YORK, March 11, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:
Big Data Opportunities, Challenges and Solutions for Industry Verticals
Big data is more than just one of the biggest buzz words in years. It represents a huge business opportunity to leverage arguably the most valuable enterprise asset: data about customers, operations, markets, competitors, and more.
Organizations across nearly every industry find that they not only require to manage growing large data volumes in their real-time systems, but also to analyze that information so they can quickly make more optimal decisions to help them compete more effectively in the marketplace.
Companies across a wide range of industry verticals and market segments are beginning to leverage Big Data and analytics to produce insights from hidden information floating in a sea of raw data that is otherwise too costly to process and discover.
Learn about Big Data solutions and strategies for enterprise
Understand the challenges and benefits for enterprise Big Data
Identify the market opportunities for Big Data in industry verticals
Learn about Big Data and analytics vendor solutions and strategies
Big Data companies
Analytics and data reporting companies
Data storage and processing companies
Research and development organizations
Cloud infrastructure and service providers
All industry verticals and market segments
Companies in Report:
Amazon Web Services
Computer Science Corp
Data Mining Research
Tata Consultancy Services
1 Executive Summary 6
2 What is Big Data 6
2.1 Breaking down Big Data 7
2.1.1 Internal Data 8
2.1.2 Structured External Data 8
2.1.3 Unstructured External Data 8
2.2 The important 'V's of Big Data 9
2.3 The Big Deal about Big Data 11
2.3.1 Exponential growth of Big Data 11
2.3.2 What the Numbers Mean 12
2.3.3 The Chance for Companies to Thrive 12
2.4 How Big Is Big Data? 12
2.5 What Data Is Meaningful? 14
2.5.1 Operations Management data 14
2.5.2 Sales and Marketing data 15
2.5.3 Accounting and Finance data 15
2.6 Improved Technologies to Manage Data 15
2.6.1 Analytic relational systems 15
2.6.2 Non-relational systems 15
3 Big Problems to Solve 16
3.1 Better Investment Decision and Operational Changes 16
3.2 Real Time customization 17
3.3 Improved Performance and Risk Management 17
3.4 New Business Model 18
4 Uses for Big Data 18
5 Challenges in Big Data Analysis 20
5.1 Heterogeneity and Incompleteness 21
5.2 Scale 22
5.3 Timeliness 22
5.4 Privacy 23
5.5 Human Collaboration 23
6 Big Data vs. API Strategies 24
6.1 Structured and Unstructured Solutions: APIs 24
7 Big Data Ecosystem 26
7.1 Big Data Landscape 28
8 Big Data Architecture 28
8.1 Traditional Information Architecture Capabilities 29
8.2 Adding Big Data Capabilities 29
9 Big Data Sources: What and How Much? 31
9.1 Where the data is getting generated? 33
10 Big Data Generation and Analytics 36
10.1 Predictive Analytics 37
10.2 Data Scientists 38
10.3 Big Data Technologies and Techniques 39
10.3.1 Hadoop 39
10.3.1.1 Problems solved by Hadoop 40
10.3.1.2 Hadoop Architecture 40
10.3.1.3 Cost Benefits of Hadoop 40
10.3.2 Hadoop and Spark 41
10.3.3 Hadoop and Data Security 41
10.3.3.1 Hadoop's Architecture Presents Unique Security Issues 41
10.3.3.2 Deploy a Purpose-Built Security Solution for Hadoop and Big Data 42
10.3.3 MapReduce 42
10.3.3.1 Features 43
10.3.3.2 When to Use MapReduce 43
10.3.3.3 When Not to Use MapReduce 43
10.3.3.4 How it Works 44
10.4 Data Mining 44
10.5 CRM Systems 44
10.6 Social Media 45
10.6.1 Ways to Tap Social Media 46
10.6.1.1 Google Trends 46
10.6.1.2 APIs and Mashups 46
10.6.1.3 Communicate Intelligence with Data Visualization Tools 46
11 Data Management 46
11.1 Acquire Big Data 46
11.2 Organize Big Data 47
11.3 Analyze Big Data 47
11.4 Interpretation 48
12 Big Data Standardization 48
12.1 Alliance for Telecommunication Industry Solutions 50
12.1.1 Business Challenges for CSPs 50
12.1.2 Promise of Big Data for Telecom 51
12.1.3 Catch problem spots before they affect service. 51
12.1.4 Put Big Data to use immediately 51
12.1.5 Give internal and external teams the tools they need 51
13 Major Service Providers 51
13.1 IBM 52
13.2 Datameer 54
13.3 Amazon Web Services 56
13.4 HP- Big Data 58
13.5 SpotFire 60
13.6 Intel 62
13.7 EMC 64
14 Big Data in Industry Verticals 67
14.1 Finance and Accounting 67
14.2 Retail and CRM 69
14.3 Government and Defense 71
14.5 Healthcare 72
14.6 Supply chain Management 73
14.7 Telecommunication 74
15 Summary and Conclusion 75
16. Appendix 92
16.1 Deeper Dive into Big Data in Retail 92
16.1.1 Retail Merchant Challenges 92
16.1.2 Big Data in Retail 94
16.1.3 Big Data in Retail Business Case 99
16.1.4 Retailers Business Models, Companies, and Solutions 105
16.1.5 Supply Chain Solutions 111
16.2 Deeper Dive into Big Data in Healthcare 113
16.2.1 Big Issues with Healthcare 113
16.2.2 Healthcare Stakeholders 114
16.2.3 Opportunities and Challenges 116
16.3 Big Data Industry Verticals vs. Functional Areas 119
16.3.1 Industry Verticals 119
16.3.2 Functional Areas 119
16.3.3 Big Data Functional Area Forecast 2013 - 2019 120
Read the full report:
Big Data Opportunities, Challenges and Solutions for Industry Verticals
Disruptive macro trends in technology are impacting and dramatically changing the "art of the possible" relative to supply chain management practices through the innovative use of IoT, cloud, machine learning and Big Data to enable connected ecosystems of engagement. Enterprise informatics can now move beyond point solutions that merely monitor the past and implement integrated enterprise fabrics that enable end-to-end supply chain visibility to improve customer service delivery and optimize supplier management. Learn about enterprise architecture strategies for designing connected systems tha...
Oct. 2, 2014 06:15 AM EDT Reads: 1,077
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce the value of the network in helping organizations to maximize their company’s cloud experience.
Oct. 2, 2014 06:00 AM EDT Reads: 1,231
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water, are pursuing SmartGrid initiatives that represent one of the more mature examples of SAE. We have s...
Oct. 2, 2014 06:00 AM EDT Reads: 1,030
IoT is still a vague buzzword for many people. In his session at Internet of @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, will discuss the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. The presentation will also discuss how IoT is perceived by investors and how venture capitalist access this space. Other topics to discuss are barriers to success, what is new, what is old, and what the future may hold.
Oct. 1, 2014 10:00 PM EDT Reads: 1,829
Whether you're a startup or a 100 year old enterprise, the Internet of Things offers a variety of new capabilities for your business. IoT style solutions can help you get closer your customers, launch new product lines and take over an industry. Some companies are dipping their toes in, but many have already taken the plunge, all while dramatic new capabilities continue to emerge. In his session at Internet of @ThingsExpo, Reid Carlberg, Senior Director, Developer Evangelism at salesforce.com, to discuss real-world use cases, patterns and opportunities you can harness today.
Oct. 1, 2014 08:30 PM EDT Reads: 2,202
All major researchers estimate there will be tens of billions devices – computers, smartphones, tablets, and sensors – connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be!
Oct. 1, 2014 05:00 PM EDT Reads: 2,395
Noted IoT expert and researcher Joseph di Paolantonio (pictured below) has joined the @ThingsExpo faculty. Joseph, who describes himself as an “Independent Thinker” from DataArchon, will speak on the topic of “Smart Grids & Managing Big Utilities.” Over his career, Joseph di Paolantonio has worked in the energy, renewables, aerospace, telecommunications, and information technology industries. His expertise is in data analysis, system engineering, Bayesian statistics, data warehouses, business intelligence, data mining, predictive methods, and very large databases (VLDB). Prior to DataArcho...
Oct. 1, 2014 03:30 PM EDT Reads: 1,095
Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation and integration; and visibility through intelligent business operations and big data.
Sep. 30, 2014 10:30 AM EDT Reads: 1,604
There will be 50 billion Internet connected devices by 2020. Today, every manufacturer has a propriety protocol and an app. How do we securely integrate these "things" into our lives and businesses in a way that we can easily control and manage? Even better, how do we integrate these "things" so that they control and manage each other so our lives become more convenient or our businesses become more profitable and/or safe? We have heard that the best interface is no interface. In his session at Internet of @ThingsExpo, Chris Matthieu, Co-Founder & CTO at Octoblu, Inc., will discuss how thes...
Sep. 29, 2014 06:45 AM EDT Reads: 1,927
Last week, while in San Francisco, I used the Uber app and service four times. All four experiences were great, although one of the drivers stopped for 30 seconds and then left as I was walking up to the car. He must have realized I was a blogger. None the less, the next car was just a minute away and I suffered no pain. In this article, my colleague, Ved Sen, Global Head, Advisory Services Social, Mobile and Sensors at Cognizant shares his experiences and insights.
Sep. 28, 2014 09:45 AM EDT Reads: 1,567
We are reaching the end of the beginning with WebRTC and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will want to use their existing identities, but these will have credentials already that are (hopefully) ir...
Sep. 27, 2014 11:30 PM EDT Reads: 1,945
Can call centers hang up the phones for good? Intuitive Solutions did. WebRTC enabled this contact center provider to eliminate antiquated telephony and desktop phone infrastructure with a pure web-based solution, allowing them to expand beyond brick-and-mortar confines to a home-based agent model. It also ensured scalability and better service for customers, including MUY! Companies, one of the country's largest franchise restaurant companies with 232 Pizza Hut locations. This is one example of WebRTC adoption today, but the potential is limitless when powered by IoT. Attendees will learn rea...
Sep. 27, 2014 10:30 PM EDT Reads: 1,857
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at Internet of @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, will share some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, deploy, and manage applications integrating voice, video and data. He is the co-founder ...
Sep. 27, 2014 10:30 PM EDT Reads: 2,320
The Internet of Things (IoT) promises to create new business models as significant as those that were inspired by the Internet and the smartphone 20 and 10 years ago. What business, social and practical implications will this phenomenon bring? That's the subject of "Monetizing the Internet of Things: Perspectives from the Front Lines," an e-book released today and available free of charge from Aria Systems, the leading innovator in recurring revenue management.
Sep. 27, 2014 09:45 PM EDT Reads: 2,544
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges.
Sep. 27, 2014 08:45 PM EDT Reads: 2,423
There’s Big Data, then there’s really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. In her session at 6th Big Data Expo®, Hannah Smalltree, Director at Treasure Data, to discuss how IoT, Big Data and deployments are processing massive data volumes from wearables, utilities and other mach...
Sep. 27, 2014 01:00 PM EDT Reads: 2,087
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at Internet of @ThingsExpo, Erik Lagerway, Co-founder of Hookflash, will walk through the shifting landscape of traditional telephone and voice s...
Sep. 26, 2014 11:45 PM EDT Reads: 1,611
While great strides have been made relative to the video aspects of remote collaboration, audio technology has basically stagnated. Typically all audio is mixed to a single monaural stream and emanates from a single point, such as a speakerphone or a speaker associated with a video monitor. This leads to confusion and lack of understanding among participants especially regarding who is actually speaking. Spatial teleconferencing introduces the concept of acoustic spatial separation between conference participants in three dimensional space. This has been shown to significantly improve comprehe...
Sep. 26, 2014 10:45 PM EDT Reads: 1,529
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, will discuss single-value, geo-spatial, and log time series data. By focusing on enterprise applications and the data center, he will use OpenTSDB as an example...
Sep. 26, 2014 07:45 PM EDT Reads: 2,345
SYS-CON Events announced today that Gridstore™, the leader in software-defined storage (SDS) purpose-built for Windows Servers and Hyper-V, will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Gridstore™ is the leader in software-defined storage purpose built for virtualization that is designed to accelerate applications in virtualized environments. Using its patented Server-Side Virtual Controller™ Technology (SVCT) to eliminate the I/O blender effect and accelerate applications Gridsto...
Sep. 26, 2014 06:15 PM EDT Reads: 1,725