Click here to close now.


Containers Expo Blog Authors: Janakiram MSV, Jason Bloomberg, Liz McMillan, VictorOps Blog, Carmen Gonzalez

Related Topics: @CloudExpo, Microservices Expo, PowerBuilder, Containers Expo Blog, SAP HANA Cloud, Apache

@CloudExpo: Article

Predictive Real-Time Analytics Is the Big Data Lifeline

SAP is not the only firm driving this space, but its work to publicize its competencies in this arena is very prevalent

Big Data is everywhere. Predictive analytics and real time in-memory computing isn't everywhere.

This truth (if we can accept it to be so) represents something of an imbalance.

As a subset of data mining, predictive analytics driven by in-memory computing efficiencies now has an opportunity to bring real-time analysis and insight to fast-moving live transactional data flows. Or to put it another (rather shorter) way, we can now start to manage and understand Big Data better than ever.

Application use cases here might typically include:

  • Meteorology
  • Genetics
  • Economics
  • Climate simulation
  • Oil exploration
  • Financial analysis and scientific research
  • Telecommunications, to name but seven good examples

If we combine contemporary approaches to predictive analytics with the newly arrived Intel Xeon Phi coprocessor that produces what is claimed to be over one teraflop per second in terms of workload computational power for highly-parallel workloads, then CIOs can start to think about what "50-processor core computing" will mean for us in the very near future.

Pushing forward in this space is SAP with its HANA in-memory computing appliance and platform. The firm is openly partnering with HP, Oracle, Cognizant and variety of other big (and smaller specialist) players to form strategic alliances that will help further the uptake of this kind of technology.

Why Is Analytics Working Better?
Part of the reason that in-memory predictive analytics intelligence is now becoming so important and much easier to bring to bear is hardware related and part of it is a software-related development.

On the hardware end, Intel has worked to sharpen data throughput between memory and processor cores. This means that work that goes on right in the heart of the machine that might have traveled at around five Gigabytes per second (Gbps) five years ago, now has a chance to move at 100 Gbps. On the software end, firms like HP and SAP have been working to produce what are typically referred to as "business process solutions" that can produce "context-aware experiences" to enable one sense-and-respond scenarios and, therefore, faster and more personalized interactions with customers.

As a matter of interest, HP also works to provide datacenter services to SAP that support its enterprise-wide hosting solutions for e-business applications - but that's another story.

In terms of actual application solutions running on SAP HANA, new products include the SAP Liquidity Risk Management application, the SAP Accelerated Trade Promotion Planning application and SAP Operational Process Intelligence software.

"These innovations show how SAP is rapidly delivering real-time, data-centric and industry-specific applications on the SAP HANA platform," said Dr Vishal Sikka, member of the SAP executive board for technology and innovation.

To take one example, SAP Liquidity Risk Management aims to provide banks with the ability to perform real-time, high-speed liquidity risk management and reporting on very large volumes of cash flows. In future then, banks will be able to instantly measure key liquidity risk ratios (such as the Basel III liquidity coverage ratio) and cash flow gaps to resolve potential liquidity bottlenecks. The application aims to allow banks to apply different stress scenarios, such as adjusted run-off rates and bond haircuts, to gain a deeper understanding of how market volatility can impact liquidity positions.

Lessons for CIOs
Now you don't have to be a bank CIO or financial analyst to understand the wider importance of this technology, i.e., this is the "harnessing of Big Data" catchline that you've already heard bandied about by countless IT firm's press departments, except now it's really happening.

The lesson for CIOs and the software application developers serving them is that we now have a route to predictive real-time analysis and the power to view billions of stored records and live transactional data at the same time. CIOs should look to their solution architects and business process experts to compose the analytical data models that will drive the next phase of their technology growth.

SAP is not the only firm driving this space, but its work to publicize its competencies in this arena is very prevalent. The fact that SAP pushes many of the interfaces for managing the result of its data analysis to both Apple iPad (and now Windows 8 format) mobile devices may have confounded Steve Jobs at the time, but this is the firm's proof point for showing off its Big Data number crunching applications. One day, quite soon, none of this will be a surprise.

This post first appeared on Enterprise CIO Forum.

More Stories By Adrian Bridgwater

Adrian Bridgwater is a freelance journalist and corporate content creation specialist focusing on cross platform software application development as well as all related aspects software engineering, project management and technology as a whole.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.

@ThingsExpo Stories
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, will explore the current state of IoT connectivity and review key trends and technology requirements that will drive the Internet of Things from hype to reality.
SYS-CON Events announced today that IBM Cloud Data Services has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IBM Cloud Data Services offers a portfolio of integrated, best-of-breed cloud data services for developers focused on mobile computing and analytics use cases.
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data shows "less than 10 percent of IoT developers are making enough to support a reasonably sized team....
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi's VP Business Development and Engineering, will explore the IoT cloud-based platform technologies driving this change including privacy controls, data transparency and integration of real time context w...
As a company adopts a DevOps approach to software development, what are key things that both the Dev and Ops side of the business must keep in mind to ensure effective continuous delivery? In his session at DevOps Summit, Mark Hydar, Head of DevOps, Ericsson TV Platforms, will share best practices and provide helpful tips for Ops teams to adopt an open line of communication with the development side of the house to ensure success between the two sides.
There will be 20 billion IoT devices connected to the Internet soon. What if we could control these devices with our voice, mind, or gestures? What if we could teach these devices how to talk to each other? What if these devices could learn how to interact with us (and each other) to make our lives better? What if Jarvis was real? How can I gain these super powers? In his session at 17th Cloud Expo, Chris Matthieu, co-founder and CTO of Octoblu, will show you!
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of at least three separate application components: the software embedded in the device, the backend big-data service, and the mobile application for the end user's controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/target - this makes the integration of these separate pipelines and the coordination of software upd...
Mobile messaging has been a popular communication channel for more than 20 years. Finnish engineer Matti Makkonen invented the idea for SMS (Short Message Service) in 1984, making his vision a reality on December 3, 1992 by sending the first message ("Happy Christmas") from a PC to a cell phone. Since then, the technology has evolved immensely, from both a technology standpoint, and in our everyday uses for it. Originally used for person-to-person (P2P) communication, i.e., Sally sends a text message to Betty – mobile messaging now offers tremendous value to businesses for customer and empl...
SYS-CON Events announced today that Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, will keynote at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
The IoT market is on track to hit $7.1 trillion in 2020. The reality is that only a handful of companies are ready for this massive demand. There are a lot of barriers, paint points, traps, and hidden roadblocks. How can we deal with these issues and challenges? The paradigm has changed. Old-style ad-hoc trial-and-error ways will certainly lead you to the dead end. What is mandatory is an overarching and adaptive approach to effectively handle the rapid changes and exponential growth.
The IoT is upon us, but today’s databases, built on 30-year-old math, require multiple platforms to create a single solution. Data demands of the IoT require Big Data systems that can handle ingest, transactions and analytics concurrently adapting to varied situations as they occur, with speed at scale. In his session at @ThingsExpo, Chad Jones, chief strategy officer at Deep Information Sciences, will look differently at IoT data so enterprises can fully leverage their IoT potential. He’ll share tips on how to speed up business initiatives, harness Big Data and remain one step ahead by apply...
WebRTC converts the entire network into a ubiquitous communications cloud thereby connecting anytime, anywhere through any point. In his session at WebRTC Summit,, Mark Castleman, EIR at Bell Labs and Head of Future X Labs, will discuss how the transformational nature of communications is achieved through the democratizing force of WebRTC. WebRTC is doing for voice what HTML did for web content.
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
The broad selection of hardware, the rapid evolution of operating systems and the time-to-market for mobile apps has been so rapid that new challenges for developers and engineers arise every day. Security, testing, hosting, and other metrics have to be considered through the process. In his session at Big Data Expo, Walter Maguire, Chief Field Technologist, HP Big Data Group, at Hewlett-Packard, will discuss the challenges faced by developers and a composite Big Data applications builder, focusing on how to help solve the problems that developers are continuously battling.
Nowadays, a large number of sensors and devices are connected to the network. Leading-edge IoT technologies integrate various types of sensor data to create a new value for several business decision scenarios. The transparent cloud is a model of a new IoT emergence service platform. Many service providers store and access various types of sensor data in order to create and find out new business values by integrating such data.
There are so many tools and techniques for data analytics that even for a data scientist the choices, possible systems, and even the types of data can be daunting. In his session at @ThingsExpo, Chris Harrold, Global CTO for Big Data Solutions for EMC Corporation, will show how to perform a simple, but meaningful analysis of social sentiment data using freely available tools that take only minutes to download and install. Participants will get the download information, scripts, and complete end-to-end walkthrough of the analysis from start to finish. Participants will also be given the pract...
WebRTC: together these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at WebRTC Summit, Cary Bran, VP of Innovation and New Ventures at Plantronics and PLT Labs, will provide an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it may enable, complement or entirely transform.
SYS-CON Events announced today that Dyn, the worldwide leader in Internet Performance, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Dyn is a cloud-based Internet Performance company. Dyn helps companies monitor, control, and optimize online infrastructure for an exceptional end-user experience. Through a world-class network and unrivaled, objective intelligence into Internet conditions, Dyn ensures traffic gets delivered faster, safer, and more reliably than ever.
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, will introduce the technologies required for implementing these ideas and some early experiments performed in the Kurento open source software community in areas ...