Learn about the latest big data analytics and BI trends in Apache Hadoop, the cloud, data lakes, IoT analytics, data visualization, and more as you browse through these insightful posts.

July 3, 2018 - Paul Lashmet

Hypothetical to Actionable: From CCAR to CRE Market Factors

Introduction DFAST and CCAR require bank holding companies to report, in detail, how they would respond to hypothetical market scenarios that represent macroeconomic shocks like a housing meltdown or a stock market crash. The data used by each company to predict losses and create a response plan must be actual data, not approximated.  Using the…

June 19, 2018 - John Thuma

Five Classes of Use Cases for the Data Lake

A data lake was initially described as a storage system that held a very large amount of data in its original format until required. Originally the term data lake was synonymous with Apache Hadoop. Apache Hadoop enabled organizations to both store and compute data on commodity hardware. Apache Hadoop was a place where you had…

June 14, 2018 - John Thuma

Superheroes? Or Just the Best Women in Tech!

Superheroes are supernatural characters, many of whom have superhuman powers like flight, x-ray vision, or indestructibility. Some are mortals with loads of resources that enable them to create armored suits, amazing vehicles, and powered gadgets that give them superhuman capabilities. They are usually the protagonist in the story, and their goal is to protect the…

June 12, 2018 - Paul Lashmet

Alternative Data Strategy: How and Why

An alternative data strategy is a collaborative, iterative, and exploratory process that is driven by domain subject matter expertise. That is our take from the research survey that we commissioned from Greenwich Associates to understand how buy-side portfolio managers, chief investment officers, and fund managers “Put Alternative Data to Use.” Our primary focus was to…

June 5, 2018 - Dale Kim

Democratizing Big Data: The Power of a Unified View of Data as a Competitive Tool

Industry experts and data-driven corporations around the world know there are far too few data scientists to meet the current demand, and those that are available are expensive. As a result, we’re seeing the emergence of power users referred to as “citizen data scientists” who are able to leverage powerful big data analytics tools. This…

May 31, 2018 - Paul Lashmet

Cross-Functional Trade Surveillance: The Keystone to a Holistic Trade Surveillance Strategy

This article was originally posted on the Cloudera VISION site. Criminals don’t refer to a playbook of best practices to execute a crime. They are creative in their thinking and collaborative in their efforts (including with parties who may not know they are complicit) to obtain their objectives and avoid getting caught. Trade surveillance in the financial…

May 29, 2018 - Dale Kim

Simplifying Big Data Analytics Acceleration

In the blog post titled, Beyond the Cube: Embrace Analytical Views, we discussed how analytical views represent a new way to accelerate queries in a production environment. The next blog in the series, A Closer Look at Query Acceleration with Analytical Views, discussed analytical views in more detail in how to set them up. In…

May 24, 2018 - Dan Woods - Evolved Media

The Best Ways to Get Value from Data Lakes

This post was guest-written by Dan Woods, CEO of Evolved Media & Chief Analyst of Early Adopter Research. Dan creates ideas about technology products, based on a broad technical understanding. By writing as an analyst in Forbes and working with Evolved Media’s clients, he sees the magic in technology and why it matters to IT buyers. We…

May 22, 2018 - Dale Kim

The New World of the Citizen Data Scientist

You might be familiar with the concept of citizen journalism, which refers to “common citizens who play an active role in the process of collecting, reporting, analyzing, and disseminating news and information.” The term became commonplace in the late 1980s, due to open publishing, collaborative editing, and online content. This use of the term “citizen”…

May 15, 2018 - Richard Tomlinson

Complex Data Types: The World Is Not Flat

Unless you’re a fully signed up member of the Flat Earth Society you probably don’t think the world is flat. Just take a walk, a boat, a few planes and whatever other modes of transportation you prefer, and as long as you stay in a straight line, eventually you’ll end up where you started. In…