10Fold – Big Data Business Insights – 24

Your daily digest of “All Things Big Data” gathered, collected and researched by your very own 10Fold Big Data Practice team.

Big Data

10 FOLD ICON 15x15 Today at the LegalTech Conference in NYC, Hewlett Packard Enterprise announced a new software called HPE Investigative Analytics. This software helps businesses to identify risk and prevent fraud. It is geared towards financial service organizations, and combines many previous HPE products. By using big data as well as artificial intelligence, it can analyze a large amount of data and pinpoint risks of fraudulent behavior. HPE wanted to create a tool that will be used regularly but will not be an excessive cost for customers. Eventually, HPE Investigative Analytics will be geared towards other industries besides financial services, such as pharmaceuticals, energy, oil, and gas and manufacturing.

HPE launches Investigative Analytics, using AI and big data to identify risk – TechRepublic

Hadoop

10 FOLD ICON 15x15 Several publications have highlighted Hadoop’s 10th anniversary. InformationWeek reflected on Hadoop’s history with Hadoop co-creator, Doug Cutting, noting his partnership with  Mike Cafarella, and their journey to carve Hadoop code from Nutch (another project the two began in 2002) in 2006. Cutting who is now chief architect at Cloudera, predicts that Cloudera and its big data competitors will plan to expand Hadoop’s users by offering courses through a variety of channels that teach how to use Hadoop and handle big data, creating a “new normal” for computer science graduates to understand Hadoop. He also acknowledged that Hadoop adoption will be a long process, particularly because companies typically hang on to their legacy systems, but notes that these companies’ transition to Hadoop is already underway.

Hadoop At 10: Doug Cutting On Making Big Data Work – InformationWeek

IoT

10 FOLD ICON 15x15 Nokia is taking the approach of “united we stand” to the Internet of Things with its new platform, NetGuard Security Management Center, that can harness systems from multiple vendors for network-wide security. The company is now a mobile infrastructure maker and is in the process of taking over network equipment from their vendor Alcatel-Lucent. Security is a large concern when it comes to IoT developments, and NetGuard hopes to help change this. The NetGuard platform will monitor all IoT devices, analyze activity, and draw correlation between events in different parts of the networks. It will also be able to set security parameters to minimize the chance of successful attacks. Nokia will sell the platform to users of any brand network. It will be demonstrated at Mobile World Congress later this month, and is expected to ship later this year.

10 FOLD ICON 15x15 The Internet of Things has taught us that if a device is connected to the internet, it can be hacked. A recent report by security firm Raipid7 found vulnerable flaws that exposed children’s profiles, including their names, birthdate, gender, and language. Fisher-Price’s Smart Toy was vulnerable to a remote flaw in which an attacker could trick the web service to send requests that enabled attackers to easily find all customers — whose accounts were associated with a unique sequential integer — and associated children’s profiles, and have wide access to create, edit or delete children’s profiles on a customer’s account. A second flaw affected HereO, a smart GPS watch designed for children. The flaw allowed attackers to access every family member’s location and location history. Both companies have fixed the vulnerabilities.

Nokia’s IoT security tool takes in the whole network – CIO

Two newly- discovered flaws light fire under IoT security – ZD Net

Cognitive Computing

10 FOLD ICON 15x15 IBM’s president and CEO, Ginni Rometty, believes India has an edge on cognitive computing over other countries in the field. Two Indian firms, InspireOne Technologies and TEXTIENT, are the first Indian companies using IBM’s Watson platform to develop smart solutions for their customers. They are looking to leverage Watson’s human-like cognitive abilities to extract intelligence from analyzing natural language and gauging sentiment.

India can be a world leader in Cognitive Computing: IBM CEO – Business Standard

OpenStack

10 FOLD ICON 15x15 According to research from Linux distribution provider, SUSE, more senior IT professionals in the UK now use the open-source cloud platform, OpenStack. Of the 110 IT workers surveyed in the UK, 80% said they were already using OpenStack or intended to deploy it soon. OpenStack is gaining ground among enterprises that have already used virtualization to increase the efficiency of their IT infrastructure.

21% of UK IT professionals now use OpenStack, SUSE research suggests – ComputerWeekly