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Five Minute Briefing - Information Management
May 21, 2018

Five Minute Briefing - Information Management: May 21, 2018. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.

News Flashes

Hadoop has forever changed the economics and dynamics of large-scale computing, and its use among enterprises looking to augment their traditional data warehouses continues to grow. During the first day of Data Summit, May, 21, 2018, Marco Vasquez, senior technical director, MapR, held a pre-conference workshop exploring the basics of Hadoop.

From recommendation systems to disease diagnosis, machine learning is revolutionizing the process of complex decision making by enabling the analysis of bigger, more complex datasets and the delivery of faster, more accurate results.During the first day of Data Summit, May, 21, 2018, Marina Johnson, assistant professor of analytics, information management/business analytics, Montclair State University and Drexel University, held a pre-conference workshop examining how to develop scalable, real-world machine learning pipelines and applications.

Bedrock Data has announced the release of a new wave of connectors for its Fusion software, expanding its library from CRM, marketing automation, and support categories into project management, finance, subscriptions and billing.

Data science, the ability to sift through massive amounts of data to discover hidden patterns and predict future trends, requires an understanding of many different elements of data analysis. In a 3-hour pre-conference workshop at Data Summit 2018 in Boston, Joe Caserta, founder and president of Caserta, a data analytics consulting and implementation firm, provided a deep dive into the fundamentals of data exploration, mining, and preparation, and the application of the principles of statistical modeling and data visualization in real-world applications.

Microsoft has acquired Semantic Machines Inc., a Berkeley, California-based company with an approach for building conversational AI.  It uses the power of machine learning to enable users to discover, access, and interact with information and services.

Blockchain, the distributed ledger technology, was explored in a 3-hour Data Summit 2018 presentation led by Paul Tatro, who covered the wide range of blockchain topics including what it is, the differences between public and private blockchains, use cases, and the meaning of terms such as "smart contracts," "blocks," "nonces," "hashes," "oracles," and digital signatures.