9. October 2012
Computers are leaner, meaner and cheaper than ever before. With computing power no longer at a premium, we’re swimming in numbers that describe everything from how a small town in Minnesota behaves during rush hour to the probability of a successful drone strike in Yemen.
The advent of so-called “big data” means that companies, governments and organizations can collect, interpret and wield huge stores of data to an amazing breadth of ends. From shoe shopping to privacy concerns, here’s a look at five ways big data is changing the world:
1. Data as a deadly weapon: The traditional battlefield has dissolved into thin air. In the big data era, information is the deadliest weapon and leveraging massive amounts of it is this era’s arms race. But current military tech is buckling under the sheer weight of data collected from satellites, unmanned aircraft, and more traditional means. Read the rest of this entry »
18. June 2012
At 71, Dave Duffield ought to be retired. He’s spent a half-century starting technology companies and is worth billions. He has a $35 million Dassault Falcon 900EX jet, homes in the Bay Area and Palm Springs, and a seven-building vacation compound on Lake Tahoe with plenty of space for his wife of 28 years and their 10 children, the youngest of whom is an adopted daughter, age 2. On a sizzling June afternoon, Duffield stands in his hangar at an airfield east of San Francisco before a flight to Reno-Tahoe International Airport. “I just bought this Chevy Camaro,” Duffield says, gesturing to the black car parked next to his jet. “It’s probably the only one around with a baby seat in the back.”
Duffield did take a break from the tech game, briefly. After his most successful company, PeopleSoft, was acquired in 2004 for $10.3 billion, he unofficially retired. With his thin frame and rich head of silver hair, he’d sit in a rocking chair on his porch in Tahoe overlooking the lake. The relaxing, family-filled glide into his golden years lasted about three months. “I was rocking away and getting bored,” Duffield says. When he told his wife, Cheryl, that he was starting another business software company, later named Workday, she cried, but didn’t try to stop him. “She understood the higher calling,” Duffield says. Read the rest of this entry »
13. February 2012
Source: Jim Baum Former CEO
I had the honor this week of speaking with Om Malik of GigaOm on stage at the Structure: Big Data event in New York City. This was a first of its kind event, bringing together an incredibly interesting group of entrepreneurs, enterprises, industry luminaries, investors and press to discuss the state of the “Big Data” revolution that manifests itself throughout the industry. I must say, I feel “vindicated” by all this activity. I have been talking for years about “category convergence”, suggesting the convergence of business analytics, data management, search, data warehousing, ETL, text analytics, data protection, and a few other “categories” as necessary to create the business value we all expect from these technologies.
Let’s go back in time. Historically, we have always talked about “structured data” and “unstructured data” as two, independent, separate things. That segregation is incredibly important as all this “data” is at the root of everything we are doing to make sense of it, improve business and societal decision-making, and create some type of sustainable value from this ever-increasing asset. Yet as a result of this thinking (or perhaps at the root of this dichotomy), the technologies to extract knowledge and insight from these data assets have evolved along largely separate paths. Think databases vs. search. Read the rest of this entry »
24. October 2011
Tom Friedman, NYT. 23-10.
The latest phase in the I.T. revolution is being driven by the convergence of social media — Facebook, Twitter, LinkedIn, Groupon, Zynga — with the proliferation of cheap wireless connectivity and Web-enabled smartphones and “the cloud” — those enormous server farms that hold and constantly update thousands of software applications, which are then downloaded (as if from a cloud) by users on their smartphones, making them into incredibly powerful devices that can perform myriad tasks.
Marc Benioff, the founder of Salesforce.com, a cloud-based software provider, describes this phase of the I.T. revolution with the acronym SOCIAL. S, he says, is for speed — everything is now happening faster. O, he says, stands for open. If you don’t have an open environment inside your company or country, these new tools will blow you wide open. C is for collaboration because this revolution enables people to organize themselves within companies and societies into loosely coupled teams to take on any kind of challenges — from designing a new product to taking down a government. I is for individuals, who are able to reach around the globe to start something or collaborate on something farther, faster, deeper, cheaper than ever before — as individuals. A is for alignment. “There has never been a more important time to have all your ships sailing in the same direction,” said Benioff. “The power of social media is that it is easier than ever to both articulate, and reinforce, the vision and values that create and inspire alignment.” And L is for the leadership that does that. Leadership in a SOCIAL world has to be a mix of bottom-up and top-down. Leaders need to inspire, enable and empower everything coming up from below in a company or a social movement and then edit and sculpt it with a vision from above into a final product.
Read the whole article: http://fbkfinanzwirtschaft.wordpress.com/2011/10/24/one-country-two-revolutions/
2. September 2011
As employees turn to new services, managers fret about the vulnerability of their data
Eran Feigenbaum knows a thing or two about risk. He moonlights as the TV and stage magician “Eran Raven,” known for stunts involving snakes, scorpions, and razor blades. He once played Russian roulette with nail guns on the NBC show Phenomenon, and in August he did a five-day run at Planet Hollywood in Las Vegas. That pedigree serves him well in his day job as director of security for Google’s business applications, where he’s responsible for convincing corporate risk managers of the safety of cloud computing. Working in computer security requires “a hyperawareness” of risk, he says, “the same as when you’re on stage performing with nail guns.”
Cloud computing has become one of tech’s biggest buzzwords. These services, offered by Google, Microsoft, Amazon.com, and dozens of others, offer computing power over the Internet as an alternative for companies that have traditionally bought their own fleets of giant server computers. The approach has won fans among corporate software developers and rank-and-file employees who like having access to documents and programs from any device at any time.
Corporate policymakers, though, have yet to fully embrace the cloud, fearing that the services may compromise proprietary data. A survey by researcher IDC found that fewer than a third of IT executives feel the benefits of cloud computing outweigh its risks. Nearly a quarter of the 500 executives surveyed said they don’t fully understand the regulatory and compliance issues in cloud computing, and 47 percent say cloud services present a security threat. Companies that don’t understand the risks “just shouldn’t use cloud computing,” says IDC analyst Phil Hochmuth. “The potential for a security breach or a compliance violation can be high.” Read the rest of this entry »
19. February 2011
Source: The Economist – The Difference Engine
IT WAS not quite a foregone conclusion, but all the smart money was on the machine.
Since the first rehearsal over a year ago, it had become apparent that Watson—a supercomputer built by IBM to decode tricky questions posed in English and answer them correctly within seconds—would trounce the smartest of human challengers. And so it did earlier this week, following a three-day contest against the two most successful human champions of all time on “Jeopardy!”, a popular quiz game aired on American television. By the end of the contest, Watson had accumulated over $77,000 in winnings, compared with $24,000 and $21,600 for the two human champions. IBM donated the $1m in special prize money to charity, while the two human contestants gave half their runner-up awards away. Read the rest of this entry »
13. July 2009
Cloud computing remains one of the big topics in software this year despite considerable and ongoing concerns over lock-in, lack of control, and security. The siren song of ease-of-development, reduced costs, highly elastic scalability, and next-generation architectures has many in IT and in the Web community carefully weighing the benefits and risks.
aus Dion Hinchcliffe’s Blog. Hinchcliffe Cloud Computing