January 2015 - UPDATE
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Trends and Applications
In 2014, we continued to watch big data enable all things "big" about data and its business analytics capabilities. We also saw the emergence (and early acceptance) of Hadoop Version 2 as a data operating platform, with cornerstones of YARN (Yet Another Resource Negotiator) and HDFS (Hadoop Distributed File System). In 2015, the mainstream adoption with enterprise data strategies and acceptance of the data lake will continue as data management and governance practices provide further clarity. The cautionary tale of 2014 to ensure business outcomes drive big data adoption, rather than the hype of previous years, will likewise continue.
It is no secret that we are in the data age. Data comes at us from all directions, in all shapes and sizes.Incumbent vendors and startups constantly add new features, build on top of emerging open source projects, and claim to solve the next wave of challenges. Within the Hadoop ecosystem alone, there are (at least) 11 Hadoop-related open source projects. Making sense of it can be a time-consuming headache. To bring clarity and peace of mind, here are the top 5 big data predictions for 2015 and beyond.
Registration is now open for Data Summit 2015, providing the opportunity to connect with the best minds in the industry, learn what works, and chart your course forward in an increasingly data-driven world. The event is designed to offer a comprehensive educational experience designed to guide attendees through the key issues in data management and analysis today.
As data volumes continue to grow rapidly, ways to store and analyze data more efficiently and cost effectively are being explored. More than 50% of organizations surveyed by Unisphere Research in August 2014 reported that they currently use cloud-based services. Another study found that the number of big data projects being planned or in production will triple over the next 18 months. As the worlds of big data and cloud computing converge, many businesses have begun to look for ways to utilize both together to create competitive advantages for themselves.
Cloud is being embraced strongly at Oracle. That is the message loud and clear from the company, which brought its CloudWorld to New York City on January 13. During the event, which drew customers, analysts, and thought leaders, Oracle offered an overview of its cloud strategy and the progress the company has made thus far in addressing consumers and enterprise constituents in the cloud. Oracle's cloud strategy is very simple, said Thomas Kurian, president, Oracle Product Development. The idea is to bring Oracle's business applications, technology, software, database, middleware, analytic tools and infrastructure "to any customer anywhere in the world through the internet browser."
There's good news and bad news on the cybersecurity front, an IBM study finds. Over the past 2 years, there has been a 50% decline in the number of cyberattacks against U.S. retailers. However, the number of records stolen from them remains at near record highs. IBM security researchers report that in 2014, cyber attackers still managed to steal more than 61 million records from retailers despite the decline in attacks, demonstrating cyber criminals' increasing sophistication and efficiency. Ironically, while Black Friday and Cyber Monday were identified as the two biggest shopping days of the year by IBM's Digital Analytics Benchmark, cyber attackers reduced their activity across all industries on Black Friday and Cyber Monday, rather than taking action.