How Big Data is Improving Demand Forecasting Among SMBs

| October 17, 2018

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Finding Out What Customers Want Before They Even Know. Patents on machine learning algorithms held by online retailers have made it difficult for SMBs to take advantage of this kind of technology. Larger firms, however, have traditionally licensed technology tools that crunch numbers collected from consumer buying patterns to theoretically predict what individuals want before they place an order. In one of the most extreme examples, an online retailer tracked long-term users of their service and announced that they were capable of shipping products that had not yet been ordered.

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CloudPhysics inc

CloudPhysics is the first to combine the Big Data analytics with unique patent-pending datacenter simulation and resource management techniques. This technology innovation enables data-driven decisions for IT teams in ways never before possible by uncovering hidden complexities in the infrastructure, discovering inefficiencies and risks that drain and endanger resources, and enabling "what if" analyses that inform every datacenter decision. Using the Collective Intelligence from its global dataset, CloudPhysics understands how specific technologies and configurations will behave, based on learnings from across numerous datacenters of all shapes and sizes. The company, based in Mountain View, California, is founded and staffed by engineering and product leaders from VMware, Google and Cadence, and backed by Kleiner Perkins Caufield & Byers and the Mayfield Fund.

OTHER ARTICLES

How data analytics and IoT are driving insurtech growth

Article | March 17, 2020

Technology is driving change in every industry and region around the world and insurance is no different. The financial services sector is a good example of how digitally disruptive technologies such as artificial intelligence, Big Data and mobile-first banking experiences have paved the way for innovative fintechs.The insurance industry is no different. According to a report by Accenture titled The Rise of Insurtech: How Young Startups and a Mature Industry Can Bring Out the Best in One Another, for example, there is a growing recognition that the insurance industry will ultimately see the greatest benefit and the highest levels of disruption - from this global upsurge in innovation”.

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Why data analytics is helping telcos keep the lights on during unprecedented times

Article | March 17, 2020

Our ‘new normal’, as we adapt to living and working in a COVID-19 era highlights the mission critical role that technology leadership continues to play in all our lives. One where having almost instantaneous access to data and the ability to communicate from anywhere has never been more business critical.Last week, Australia’s major telecommunication service providers were granted authorisation by the ACCC to collaborate to keep critical services operating effectively during the current COVID-19 pandemic.

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CYBERSECURITY STRATEGIES TO MAKE IT NETWORKS MORE RESILIENT TO CYBERATTACKS

Article | March 17, 2020

The increasing use of advanced technologies and the internet have created an attack surface for malicious attackers. With these progressions, businesses’ IT systems are now more vulnerable which has led them to leverage innovative cybersecurity strategies that can thwart and make their networks more resilient to cyberattacks. Cybercriminals can use a variety of attacks against individuals or businesses like accessing, changing or deleting sensitive data; extracting payment; interfering with business processes and more.These kinds of attacks present an evolving danger to organizations, employees and consumers, and can cost them reputation, finances and personal lives to some extent. So, in order to protect IT networks from cyberattacks, it is significant to be aware of the various aspects of cybersecurity.

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Choosing External Data Sources: 4 Characteristics to Look For

Article | March 17, 2020

Decision-makers at consumer brands are finally realizing the full transformative potential of external data - but they’re also realizing how difficult it is to source. Forrester reports that 87% of decision-makers in data and analytics have implemented or are planning initiatives to source more external data. And those initiatives are growing outside of the IT team; 29% of those surveyed say that IT has primary ownership of data sourcing, down from 37% in 2016. To support these projects, organizations are increasingly turning to a new specialist: the data hunter, who identifies and vets external data sources. It’s a lot of work to build external data-focused teams, and many leaders are realizing that external data is difficult to scale as the source list grows. Perhaps that’s why 66% of those decision-makers surveyed by Forrester report that they’re using or planning to use external service providers for data, analytics, and insights.

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Spotlight

CloudPhysics inc

CloudPhysics is the first to combine the Big Data analytics with unique patent-pending datacenter simulation and resource management techniques. This technology innovation enables data-driven decisions for IT teams in ways never before possible by uncovering hidden complexities in the infrastructure, discovering inefficiencies and risks that drain and endanger resources, and enabling "what if" analyses that inform every datacenter decision. Using the Collective Intelligence from its global dataset, CloudPhysics understands how specific technologies and configurations will behave, based on learnings from across numerous datacenters of all shapes and sizes. The company, based in Mountain View, California, is founded and staffed by engineering and product leaders from VMware, Google and Cadence, and backed by Kleiner Perkins Caufield & Byers and the Mayfield Fund.

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