Yesterday three economists, (Tobias Preis of Warwick Business School in the U.K., Helen Susannah Moat of University College London, and H. Eugene Stanley of Boston University) published an eye-opening paper that said Google Trends data was useful in predicting daily price moves in the Dow Jones industrial average, which consists of 30 stocks. Their research result: An uptick in Google searches on finance te ...

I really like playing around with cutting edge technologies. One of them is GoodData CloudConnect, the tool for ETL and building GoodData projects. Since we released this new feature, I have dozens of ideas how the data from various sources can be easily transformed in the cloud. Recently, for example, I found myself wondering: “How about using the Google BigQuery API as a data source? What about visualizin ...

Guess who benefits when two industry giants compete with each other offering exactly the same set of services? It is RightScale! While the Cloud ecosystem is still recovering from the euphoria of witnessing Microsoft and Google launch IaaS, RightScale is busy porting their ServerTemplates to both the Public Clouds. They are in an enviable position where every new IaaS provider wants to be a part of their pl ...

When Morgan tried to do some portfolio analysis 18 months ago it found that traditional databases and grid computing just wouldn’t scale  to the very large volumes of data that its data scientists wanted to use. Gary Bhattacharjee, executive director of enterprise information management at the firm, had worked with Hadoop as early as 2008 and thought that it might provide a solution. So the IT department ho ...

Organizations as diverse as Northrop Grumman (NOC), Harvard University, Zynga, and the New York Stock Exchange (NYX) have filled job websites with requests for talented puppeteers and master chefs. A quick dig into the job listings reveals that these positions have nothing to do with office entertainment or gourmet meals. Instead, the companies want people who have mastered Puppet or Chef, competing softwar ...

BigDataCloud’s theme of “Hadoop Powered Predictions & Recommendations Engines” attracted over 100 people to the meetup last night, sponsored by LexisNexis & ThirdEyeCloud. The attendees thronged the LexisNexis’s booth about its newly debuted HPCC Systems & got an understanding of how its Hadoop alternative can actually solve “Big Data” challenges in enterprises. The attendees also had a chance to “meet & gr ...

Hadoop technologies have started to mature and many of us are now tasked at implementing Hadoop MapReduce based solutions at our respective organizations. From our own practical experiences, we can tell that the going is not going to be as smooth as you might have expected. That’s what peaked our interest in this webinar by Platform Computing: Top Issues IT faces with Hadoop MapReduce This webinar claims th ...

Third Eye is launching "Byte Sized Hadoop" classes – for as low as $125/class! These Hadoop classes will be offered byte-sized, 3 hours each, after work hours & conducted by industry veterans with a practical "from-the-trenches" approach. BigDataCloud meetup attendees have heard & met the instructors individually: Paul Baclace - presented "Optimizing bursty Hadoop analysis demands for big data using A ...

The cloud computing world has been anxious to hear former NASA CTO Chris Kemp’s plans since he left his post in the spring to pursue a startup venture, and on Wednesday morning, he introduced his new company, Nebula. It’s selling an OpenStack-based appliance for managing scale-out cloud deployments, and is backed by premier talent and investors. Nebula isn’t disclosing how much it has raised, but Co-Founder ...

Today Microsoft Research announced the availability of a free technology preview of Project Daytona MapReduce Runtime for Windows Azure. Using a set of tools for working with big data based on Google's MapReduce paper, it provides an alternative to Apache Hadoop. Daytona was created by the eXtreme Computing Group at Microsoft Research. It's designed to help scientists take advantage of Azure for working wit ...