A lot has been said about technology as the driving force behind nearly every kind of business. In today's market, whether you think you're selling widgets, coordinating a fleet of cars or harvesting food, what you're really doing is leveraging technology to alter traditional models.
Big data projects can lead to big upsides for businesses that employ them, but they also come with risks. For instance, Gartner today said it expects that by 2018, half of business ethics violations will happen because of improper use of big data analytics.
The founder and former CEO of big data firm Autonomy, Mike Lynch, has filed a $150 million lawsuit against HP for what he alleges is a public smear campaign against him and the Autonomy management team after HP's acquisition of his software firm in 2011.
Big data analytics will play a major role in business use of the Internet of Things, enabling businesses to increase revenue and cut costs over the next 12 to 18 months, according to market research firm Strategy Analytics.
With $75 million from its latest funding round burning a hole in its pocket, identity and mobility management firm Okta unveiled Thursday its Okta Adaptive Multi-Factor Authentication product, which combines big data with two-factor authentication to improve enterprise security.
More than two-thirds of companies using Salesforce will invest in analytics offerings in the coming year, according to Bluewolf's fourth annual "The State of Salesforce" report. That's a sign that many companies see valuable intelligence to plumb from in-house and outsourced data, Bluewolf said. But it also shows that companies face challenges in making sense of data that they collect from services like Salesforce.
IoT will change the way manufacturing works. But this won't happen willy-nilly. Manufacturers will need to have a plan to ensure IoT investments enhance processes, instead of becoming a wrench in the works.
The top news stories for July 8, 2015.
The role of data scientist has been called the sexiest job of the century. But it turns out that many skilled data analysts are more likely to be donning janitor garb than pageant contest laurels.
For the benefit of CIOs that want to know what the exploding tech trend means to them, the New Jersey Institute of Technology has prepared an infographic on the Internet of Things and "How to Prepare for the Future."