Big data as the name suggests is a large amount of data that is growing exponentially and it is difficult to be managed by traditional data management tools. These large data sets need cost-efficient, innovative, and efficient methods for analysis so that they can be helpful to devise insights. Currently, the world produces 2.5 quintillion bytes of data daily. The explosion of data continues in the roaring '20s, both in terms of generation and storage the amount of stored data is expected to continue to double at least every four years. When we look at Facebook that has hundreds of users across the globe. Facebook generates about 500 petabytes of data. And the company also uses big data to handle data needs. In the age of digital technology and social media, the amount of information generated is increasing exponentially. It has now become possible to analyse the data and get insights from it immediately. The concept of big data has been around for several years. Big data, in particular, offers marketers with unmatched data regarding their customers, which opens possibilities of easily recording, tracking and processing massive volumes of data within all actions. Big data solutions include storage, backup, analysis, visualization, as well as administrative controls for enormous volumes of data. Big data solutions make a complicated data infrastructure more efficient. Furthermore, big data technologies allow smart cities to leverage expanded capabilities. Internet of Things (IoT) technologies, smart sensors, smart transportation and other innovations are all part of this. Several companies have emerged over the years to provide solutions for wrangling huge datasets and understanding the relevant information within them. Some offer powerful data analysis tools, while others aggregate and organize datasets into usable formats. Big data has its uses and applications in almost every industry. Big data has a massive contribution to the advancement in technology, growth in business and organizations, profit in each sector, etc. Looking at the non-stop growth and progress of big data, companies started adopting it more frequently. A3logics is a global IT services, consulting, and business solutions company leveraging best-in-class technologies to drive business efficiency. A3logics creates a next-generation space dedicated to aligning IT with business goals. The company's dedicated team of tech-savvy developers and enthusiasts help organizations embrace top solutions, which will help them fulfil their business objectives. A3logics uses artificial intelligence, blockchain, IoT, big data, augmented and virtual reality, etc to come up with software solutions that reflect the future. With the aim to bridge the gap between technology and business needs, the company works as a global provider of innovative solutions.
In this week's real-time analytics news: HPE launched HPE Swarm Learning, a privacy-preserving, decentralized machine learning framework for the edge. Keeping pace with news and developments in the real-time analytics market can be a daunting task. We want to help by providing a summary of some of the important news items our staff came across this week. Hewlett Packard Enterprise (HPE) announced the launch of HPE Swarm Learning, an AI solution to accelerate insights at the edge, from diagnosing diseases to detecting credit card fraud, by sharing and unifying AI model learnings without compromising data privacy. HPE Swarm Learning is a privacy-preserving, decentralized machine learning framework for the edge or distributed sites.
After Amazon's three-week re:Invent conference, companies building AI applications may have the impression that AWS is the only game in town. Amazon announced improvements to SageMaker, its machine learning (ML) workflow service, and to Edge Manager -- improving AWS' ML capabilities on the edge at a time when serving the edge is considered increasingly critical for enterprises. Moreover, the company touted big customers like Lyft and Intuit. But Mohammed Farooq believes there is a better alternative to the Amazon hegemon: an open AI platform that doesn't have any hooks back to the Amazon cloud. Until earlier this year, Farooq led IBM's Hybrid multi-cloud strategy, but he recently left to join the enterprise AI company Hypergiant.
Companies are rapidly using the cloud to revolutionize their digital transformations. According to Gartner, the global market for cloud computing is estimated to grow $266.4 billion by 2020, rising from $227.4 billion in 2019. There are several benefits of cloud computing including potential lower cost (with more capabilities in the public cloud that could aid productivity versus more limited capabilities in private clouds) and faster time to market. However, with the array of benefits that the cloud offers, data security is amongst the key concerns holding back enterprises from adopting cloud solutions. To back this up, a survey found that 93% of companies are moderately to extremely concerned about cloud computing security risks.
The Software Report is pleased to announce The Top 100 Software Companies of 2021. This year's awardee list is comprised of a wide range of companies from the most well-known such as Microsoft, Adobe, and Salesforce to the relatively newer but rapidly growing - Qualtrics, Atlassian, and Asana. A good number of awardees may be new names to some but that should be no surprise given software has always been an industry of startups that seemingly came out of nowhere to create and dominate a new space. Software has become the backbone of our economy. From large enterprises to small businesses, most all rely on software whether for accounting, marketing, sales, supply chain, or a myriad of other functions. Software has become the dominant industry of our time and as such, we place a significance on highlighting the best companies leading the industry forward. The following awardees were nominated and selected based on a thorough evaluation process. Among the key criteria considered were ...