2011: A Big Year for Big Data

Entrance of IBM Headquaters, Armonk, Town of N...

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Posted by Ramy Ghaly February 03, 2011

During the 2011 NFL playoff TV broadcasts, amid commercials featuring Anheuser-Busch Clydesdales and auto-racing driver Danica Patrick, one ad features an IBM researcher talking about data analytics.

With data volumes moving past terabytes to tens of petabytes and more, business and IT leaders across the board face significant opportunities and challenges from big data. For a large company, big data may be in the petabytes or more; for a small or mid-size enterprise, data volumes that grow into tens of terabytes become “big data”.

In the financial services industry, Fidelity National Information Services (FIS), which sells risk management and fraud detection services to credit card issuers, uses big data analytics to better detect credit card fraud.

Nonetheless, 2011 is shaping up to be a big year for big data.

This summary was made possible by ctrl-news Via The New York Times

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About Ramy Ghaly
Ramy Ghaly is a Marketing Technologist at Pragmatech. He's in charge of Pragmatech's online marketing strategy and implementation. Ramy has launched several successful online and social media marketing campaigns including a 6-month community and awareness building campaign that led to a listing in the reputable multi-client study of the Gilbane Group. Pragmatech's flagship product 'ctrl', a semantic search engine, was the only technology coming out of the Middle East that was recognized in the report, entitled "Semantic Technologies: Landscape of High Value Applications for the Enterprise", cited in additon to Pragmatech's semantic engine some of the largest software companies and leading research labs in the world.

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