Unicorn cloud data analytics startup Dremio aims to supply analytic processes running directly on data lakes, and says its latest open source-based software release, adding speed and more powerful capabilities, is a step forward in obsoleting data warehouses and eliminating the data warehouse tax.
Its so-called Dart initiative makes Dremio's in-memory software, powered by Apache Arrow, run faster and do more to save customers time and money. The pitch is that having SQL-based analytics routines run directly on data stored in Amazon S3 and Azure Data Lake means there us no need to pass through an Extract, Transform and Load (ETL) process to load a data warehouse before running analytics processes.
Business systems and analytics professor appointed editor of two research journals - La Salle
Madjid Tavana, Ph.D., professor and department chair of business systems and analytics, has been appointed editor in chief of two new academic journals from Elsevier, the largest scholarly journal publisher in the world.
Tavana will serve as editor in chief of Decision Analytics Journal and Healthcare Analytics. He now serves as the editor of eight peer-reviewed academic journals, including the International Journal of Applied Decision Sciences and the International Journal of Management and Decision Making.
SAS 'packs the most analytics punch' and is a Leader in streaming analytics per independent
CARY, N.C., June 7, 2021 /PRNewswire/ -- SAS is among the top providers of streaming analytics according to The Forrester Wave™: Streaming Analytics, Q2 2021 report. The Forrester evaluation cites SAS® Event Stream Processing as a Leader.
SAS® Event Stream Processing analyzes millions of data events per second so users can make quick, accurate decisions to improve business performance.
Mark Albert Chosen to Head Up Data and Analytics at Ogilvy Australia | Branding in Asia Magazine
Mark Albert has been appointed Chief Data and Analytics Officer at Ogilvy Australia. He will be tasked with heading up the data practice across the ANZ Network, servicing the advertising, experience, PR and health sectors.
"I am very excited to be re-joining the Ogilvy Network, and feel privileged to collaborate with such an amazing team,” said Albert.
“There is a huge opportunity for us to continue accelerating the smart application of data and analytics, and I look forward to combining my extensive data analytics experience with Ogilvy Australia's talented creative minds to deliver exceptional work."
Health tech funding snapshot—Data analytics startup Axtria banks $150M; Binx Health nabs $104M
Axtria , a global cloud software and data analytics provider, has focused on helping companies replace archaic and ad hoc systems with digital data enablement, analytics at scale and omnichannel software.
Weight loss app: Noom is bulking up with $540 million in a series F funding round . The round was led by new investor Silver Lake with other new investors participating in the round including Oak HC/FT, Temasek and Novo Holdings. Existing investors Sequoia Capital, RRE and Samsung Ventures also participated.
QPharma Launches Neolytica, an AI focused Healthcare Analytics Firm | Business Wire
QPharma has been a pioneer in the compliance space for 25 years. It has achieved tremendous successes and traction in recent times, in healthcare analytics -- specifically Ti Expert (KOL mapping and HCP targeting) solution and NotifyMe product.
A significant part of QPharma's growth is an outcome of its ability to identify gaps in the industry and come up with innovative solutions to address them. QPharma's decision to focus on and invest in data analytics and AI synergizes well with its expertise in the pharmaceutical industry. The outcome: a healthcare analytics focused portfolio of innovative products and solutions. A comprehensive offering that will enable clients get intuitive insights using its state-of-the-art platforms.
Preventing Fraud With Behavioral Analytics | PYMNTS.com
Fraud prevention is a constant battle for banks, retailers and other businesses. Bad actors are ceaselessly unleashing new schemes that legacy prevention systems struggle to spot, let alone prevent, and this forces many companies to invest in frequent technology upgrades or risk being easy prey for fraudsters. A recent study found that every dollar of fraud now costs U.S.
Another large cost arises from the customer frictions that often accompany fraud-fighting programs. Many security measures revolve around proving that customers are who they say they are and not bad actors in disguise, and each additional security layer increases the burden on legitimate customers who are simply looking to do business as smoothly as possible.
Alumna Katherine Evans Becomes First Woman to Head a Research or Analytics Department of an NBA
"Dr. Evans is an exceptional talent with a true passion for the game of basketball and is widely-respected within the league and academic circles," said Monumental Basketball Chief Planning & Operations Officer Sashi Brown. "She brings innovative approaches and perspectives and will be a great leader of our research department, which is charged with identifying competitive advantages for all of our athletes and our athlete care and performance team."
Prior to joining the Wizards, Dr. Evans served as the director of strategic research for the Toronto Raptors. In that role, she advised various departments including the front office, coaching and medical departments. She oversaw the data sources to build a draft prospects database as well as build models for player projections of draft prospects. Dr. Evans was also instrumental in helping analyze methods and build models for player evaluation and on-court strategy.
Big Data Challenges in eDiscovery (and How AI-Based Analytics Can Help) | Lighthouse - JDSupra
This means that with every new litigation or investigation requiring discovery, counsel must collect massive amounts of potentially relevant digital evidence, host it, process it, identify the relevant information within it (as well as pinpoint any sensitive or protected information within that relevant data) and then produce that relevant data to the opposing side.
This endless cycle is not sustainable as data volumes continue to grow exponentially. Fortunately, just as advances in technology have led to increasing data volumes, advances in artificial intelligence (AI) technology can help tackle big data challenges . Newer analytics technology can now use multiple algorithms to analyze millions of data points across an organization’s entire legal portfolio (including metadata, text, past attorney work product , etc.
Raj Verma Amplifies on Impact of Real-Time Data Analytics | MarTech Cube
Over the past 15 years, business and society have experienced profound changes due to the explosive growth in mobile device adoption, the rise of social media , and the shift to an increasingly connected world powered by the Internet of Things (IoT). This fast-paced, always-on environment has created a multitude of opportunities both for fledgling and established enterprises, allowing them to derive valuable insights from the abundance of data generated across devices and platforms.
Turning a new venture into a successful enterprise requires a relentless focus on operational efficiency, cost containment, brand differentiation, and customer satisfaction. Data analytics is of tremendous help in making strategic decisions in these areas, but the real competitive advantage comes from obtaining insights as quickly as possible.
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