Tag Archives: Cloud

Insurance industry drags feet on big data

next-years-mainframe-model-comes-in-nearly-half-the-spaceThe insurance industry is in danger of falling behind other companies because it is not interested in the latest digital technology.

Reuters reported that while some insurers are using developments such as telematics, or social media sources, to increase the amount of information they have about customers to reduce claims and make insurance cheaper for all most are luddite laggers. more»

Personal storage market was flat last year

storage75.7 million personal and entry level storage products shipped in 2014 and that means the market was essentially flat.

IDC estimated that annual shipment values fell 1.5 percent compared to 2013, with a value of $6.6 billion.

Personal stort age suffered from competition from public cloud providers and people started using online streaming more, said IDC. more»

Big Data analytics are not up to snuff

3921968993_9bccb97118_zCompanies relying on Big Data analytics might be disappointed to discover that they are not so good at finding a needle in a haystack after all.

Currently the best way to sort large databases of unstructured text is to use a technique called Latent Dirichlet allocation (LDA) which is a modelling technique that identifies text within documents as belonging to a limited number of still-unknown topics. more»

SAP wants its software on the cloud

cloud1SAP, the maker of expensive esoteric business software which no one really understand wants to deliver its product onto the cloud.

This means you can be completely baffled by the product, without having to store it on your local servers.

Luka Mucic told the Euro am Sonntag business weekly that contract cloud work becomes profitable over time and in the long term; they can definitely become more profitable than classic licence sales. more»