Tag Archives: amazon

Big Data Horizons- Investment, Retail Experience

Here are 7 big data, artificial intelligence investment ideas from Bank of America

“BoA cites growing market as a reason to get in now”

Analyzing the large amounts of data created by internet-connected devices will be a huge and rapidly expanding market in the coming decades, according to a top Wall Street firm. Bank of America Merrill Lynch says the artificial intelligence, and so-called big data analysis trends, will also have dramatic ramifications for business and markets.

Equity strategist Beijia Ma wrote a note to clients on the subject: “We are living in an exponential age where ubiquitous connectivity and decreasing cost are leading to the digitization and datafication of most activities,” and “AI will be the single largest driver of tech spend over the next decade.” Ma goes on to estimate that the big data market is set to reach $210 billion by 2020

Some 90 percent of the world’s data was created in the last two years, Ma said. This will only accelerate, and she predicts internet-connected devices will double in number every two to three years, rising to 1 trillion by 2035 making an incredible investment strategy.

With these statistics in mind, it’s hard to believe that the potential for incredible growth isn’t there for big data companies. With 90% of the of the worlds data being created in the last two years, one 0.5-1% of  of generated data has been analyzed. Showing great room for growth. Now is the time to buy-rated A.I. stock ideas from Bank of America, which include investment in: Alibaba, Alphabet, Amazon, Salesforce, Splunk, SAP, IBM.

How Walmart is Using Machine Learning AI, IoT and Big Data to Boost Retail Performance

“Cutting edge of customer experience”

Walmart, founded in 1962, has been innovative in transforming retail operations and customer experience by using machine learning, the Internet of Things and Big Data applications. In recent years, its position as the second largest online retailer and investment in retail tech and innovation are just a few reasons they are among the retail leaders evolving to take advantage of tech to build their business and provide better service to their customers.

Walmart recently launched Pick-up Towers, 16 x 8-foot self-service kiosks conveniently located at the entrance to the store that retrieves online orders for customers. Just scan a barcode on your receipt, and within 45 seconds the products their products appear on a conveyor belt and are dispensed to you. So far, customers almost always give these Pick-up Towers positive reviews as an improvement over the store’s traditional pickup process.

With the Walmart’s new patent application in mind. It is easy to see this company, much like others, is setting its sights to further their big data programs. With it, Walmart’s future continues to look bright, with new insights possibly being brought in to improve sales, marketing, and a variety of other sectors. This follows a clear trend we continue to see from large companies, which is the continued innovation and implementation of big data practices. With the increasing advancement of data analytics technology, the insights from it can only get better, thus pushing the business practices to new limits.

Toyota, Intel Leading New Big Data Automotive Consortium

“Streams of generated data increasing rapidly”

As connected cars become more commonly used by consumers and businesses, the associated data streams are exponentially growing. To cope with this challenge, Toyota Motor Corp., Intel Corp. and many others have founded the Automotive Edge Computing Consortium to find ways to increase network capacities.

The consortium, which was announced earlier this month, intend to find ways to develop an ecosystem for connected cars and the emerging services they require. This includes intelligent driving, the creation of maps with real-time data and driving assistance based on cloud computing. Because each of those tasks and others will require large volumes of data, existing data networks won’t be up to the job of processing it all as more connected cars get on the road in the future.

“It is estimated that the data volume between vehicles and the cloud will reach 10 exabytes per month around 2025, approximately 10,000 times larger than the present volume,” the group said in a statement. “This expected increase will trigger the need for new architectures of network and computing infrastructure to support distributed resources and topology-aware storage capacity. The architectures will be compliant with applicable standards, which requires collaboration on a local and global scale.”

One of the biggest challenges found in the big data industry is finding the most effective data from the large ocean of what’s collected. The amount of data is growing rapidly every day, but technology isn’t at a point yet where the majority of data can be analyzed. This is the biggest driving force of why partnerships like the Automotive Edge Computing Consortium exist. These types of partnerships are incredibly significant for the advancement of technologies, and hopefully we see big changes come from this

Chefs+Tech: How Big Data Enhances Good Hospitality

“Streamlines processes and ups efficiency”

Erik Oberholtzer, founder and chief executive at the expanding Tender Greens, sums up the big data challenge as it applies to restaurants: “The goal is to leverage the technology to do what we would do if we had one little restaurant and we were there all the time and knew every customer by name.”

Thanks to the systems restaurants use, collecting data on everything from popular menu items to customer loyalty is reasonably easy. What’s more challenging, though, is applying that data in fast, easy-to-understand, actionable ways that help time- and resource-crunched restaurateurs do better business.

The trend we can pull from this is that Big Data technology can still be difficult to implement in many industries. However, if adopted and utilized effectively, the insights pulled from it can be extremely beneficial for places like restaurants to gain a better understanding of their customer and product. Ultimately, this will create efficiency and more effective business practices.

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Big Data Horizons- Unravel Success, Disney and Consumers

AppDynamics co-founder thinks Unravel may repeat his success

“Unravel may get there even faster”

The chairman of the app management tech company Cisco bought for $3.7 billion earlier this year thinks a Menlo Park startup can have the same kind of success helping customers manage their Big Data projects. He comments:

“I’ve been in the business of monitoring and managing apps for a long time and grew one of the largest companies in that space with AppDynamics,” Bansal said in an interview. “Big Data has been around for a long time and I see the same kind of pain and complexity of managing these systems that we saw with apps.”

Unravel CEO Kunal Agarwal said his 28-employee company is brought in on Day 2 after a company installs a Big Data system in the cloud or on premises. “We make to sure those Big Data projects run on time, are fast and error free and that the company can keep scaling in an intelligent fashion,” he said.

While AppDynamics Chairman Bansal sees similarities between the progress his nine-year-old company made en route to its $3.7 billion sale, he thinks Unravel Data (a 10Fold client) may get there even faster.

“Unravel is doing better than we did at their stage in selling to very large enterprises,” he said. “It’s not easy for a small startup to win that kind of business. Large enterprises will only do that if they see tremendous value in the product and the pain is very high.”

430M Internet of Things Devices Means a Healthcare Big Data Tsunami

“The Internet of Things keeps growing, leaving healthcare providers staring down a flood of big data and an imperative to alter their workflows.”

A new report from Tractica predicts that by 2022 manufacturers will be shipping out 430 million Internet of Things devices each year, leaving healthcare providers little time to prepare for a massive influx of potentially valuable big data.

As wearable fitness trackers are joined by a new generation of smart clothing and body sensors that may be able to collect an unprecedented amount of personal health data, providers and health IT developers will need to quickly work through the interoperability, data governance, patient engagement, and EHR optimization problems that have thus far been holding back the Internet of Things.

Ensuring that both providers and patients can leverage the full potential of the Internet of Things will be an ongoing mission for healthcare organizations, their developer partners, and their patients.  As the number of devices grows and the sophistication of these tools increases, the industry will need to carefully work through its big data access and management issues before it can improve the delivery of chronic disease care and population health management.

Disney Uses Big Data, IoT And Machine Learning To Boost Customer Experience

“RFID wristband tech captures even more data”

In 2013, after years of development and testing, Disney World launched its MyMagicPlus program. Now, every guest to Disney World gets a MagicBand, a wristband that is equipped with RFID technology and a long-range radio. These bands communicate with thousands of sensors and stream real-time data to hundreds of systems that make the entertainment venue a giant computer. All this data is designed to help Disney cast members anticipate all your desires so they can give you an incredible experience. The bands act as hotel keys, credit cards, tickets, FastPasses and more. With a simple swipe of the band across sensors located throughout the park, the giant system knows where you are, what you’re doing and what you need.

The goal of the tech team who developed the MagicBands was to “root out all the friction within the Disney World experience.” Even before you leave town you can set reservations for certain attractions (where you won’t have to wait in line—hallelujah!) And added bonus for Disney: Your choices get added to its data vault. Once you arrive on site, one of the biggest challenges of any amusement park is how to minimize the wait times for rides and attractions.

How tech giants are putting big data to work

“$15 trillion in value expected in 15 years”

The greatest aspect of big data is perhaps it’s ubiquity throughout the market and availability to everyone, from Walmart to the local mom and pop store.

Big data’s massive impact on the economy is largely driven by the fact that it’s universally available to large corporations and consumers alike. Nonetheless, tech giants like Google and Amazon are often the innovative birthplaces of the latest big data innovations.

Companies like Google, which catalog data for literally millions of searches each day, can analyze the information over the long term to detect useful trends and learn about their users. Google’s algorithms make great use of big data, for instance, when trying to determine what you’re searching for after you’ve only inputted a few characters into your search bar.

Other companies, like Amazon, are more ambitious with how they use big data to get to know their customers. Amazon’s marketplace is teeming with suggested products for their consumers, largely because the firm has harnessed big data to determine which products people in a certain demographic are likely to purchase, and markets those products specifically to them.

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Dow Jones is the latest company to expose customer records on a cloud server

“2.2 million records left unsecured”

DowJones & Co. are the latest in a sequence of large firms to leave massive amounts of private customer data on unsecured cloud servers. Similar to the Verizon error recently, Dow Jones consumer data was found publicly in an Amazon Web Service S3 bucket discovered by Chris Guard of UpGuard Inc.

GhostCtrl malware silently haunts Android users, hijacking functionality

“Versatile remote access Trojan growing in infection”

Researchers have found GhostCtrl, a highly adaptable trojan malware that steals sensitive information and is capable of performing ransomware attacks. The backdoor is part of a massive campaign that involves RETADUP.A, according to Trend Micro.

A Single Extreme Cyberattack Could Cost the U.S. More than Hurricane Katrina

“U.S. Economy incredibly vulnerable”

An increase in global ransomware attacks has prompted Lloyds of London to publish a report on the state of danger that the U.S. faces in regards to cybersecurity. Published with Cyence, the report speculates that the U.S. stands to lose as much as $121.4 billion.

The best of Black Hat: The consequential, the controversial, the canceled

“Review of the acclaimed conference”

Black Hat has gained a reputation over two decades as a conference that demonstrates much of the cutting-edge research in information security and industry trends that began in Las Vegas and has extended to annual events globally. This year, the event also had its share of controversy stemming from last minute cancellations.

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GhostHook Attack Can Bypass Windows 10’s PatchGuard

“Newly discovered malware can hook kernel code”

CyberArk Security Labs has shown that an attack on Windows 10 PatchGuard systems can be compromised. The protective program was designed to prevent rootkits and other malicious software at kernel level on 64-bit versions of Windows. The attacking software, now dubbed GhostHook, can completely bypass PatchGuard as long as the cybercriminal already has a foothold in the system.

Nuclear Plants, Hospitals at Risk of Hacked Radiation Monitoring Devices

“Major flaws that are currently unfixable”

Design flaws that are used to track radiation levels in major public systems have been found to be able to be exploited. A shrewd cybercriminal could be capable of injecting fake radation level readings, causing concerns for many security researchers.

Cloud Security and the RNC Leak

“Researchers take lessons from breach”

A mal-configured Amazon S3 packet has led to a huge leak for the RNC networks. This could easily happen to other organizations that do not adopt adequate security measures.

Check Point says Fireball malware hit 250 million; Microsoft says no

“Microsoft conflicts Check Point statement”

Squabbles over the infection rate of Fireball have put Check Point and Microsoft in contrary positions. Check Point claimed that the China-based malware had affected over 250 million systems, which Microsoft denies. The firm countered the Check Point report with another statement, claiming it has been tracking Fireball since 2015 and that the total count of infected systems was only about 40 million.

10Fold – Security Never Sleeps – 32

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

Big items to consider:  Amazon will officially launch is “replenishment” service that will launch on Tuesday. A new linux malware has been discovered that takes a screenshot every 30 seconds. Lastly, two informative articles about the state of bitcoin and Network security vs. app security.

Printer, Washer Automatically Order From Amazon – Publication: USA Today – Reporter name: Elizabeth Weise

The day your house automatically orders whatever you’re running low on came a step closer Tuesday, with Amazon’ launch of what it calls a “replenishment” service. A printer, a washing machine and a blood glucose monitor are the first three products that will automatically order more supplies when they’re close to running out. Beginning Tuesday, selected Brother printer models will track their toner usage and consumption patterns and then – if the user has selected the service – automatically order more from Amazon when levels dip.

Linux Trojan Takes Screenshots Every 30 Seconds – Publication: Security Week – Reporter name: Eduard Kovacs

Detected by Dr. Web products as Linux.Ekoms.1, the malware takes screenshots every 30 seconds and saves them to a temporary folder in the JPEG format using the extension .sst. If the screenshot cannot be saved as a JPEG, Ekoms attempts to save it in the BMP image format. An analysis of the Trojan revealed that its developers are also working on a feature designed to record audio and save the recording in WAV format in a file with the .aat extension in the same temporary folder. While the sound recording feature exists, it’s not active in the Ekoms variant analyzed by Dr. Web.

Network Security VS. App Security: What’s The Diference, And Why Does It Matter? – Publication: CSO – Reporter name: Kacy Zurkus

The risk for that enterprise is in backups, disaster recovery, incident response and any other outsourced unedited, unencrypted, and unaudited connections. Paula Musich, research director, NSS Labs said, “Historically, network security has been focused on ports and protocols, and it has relied on the ability to scan network traffic—typically at the perimeter of the enterprise network.”

R.I.P. Bitcoin. It’s Time To Move On – Publication: Washington Post – Reporter name: Vivek Wadhwa

Not long ago, venture capitalists were talking about how Bitcoin was going to transform the global currency system and render governments powerless to police monetary transactions.  Now the cryptocurrency is fighting for survival.  The reality came to light on Jan. 14, when its influential developer, Mike Hearn, declared Bitcoin a failure and disclosed that he had sold all of his Bitcoins.  The price of Bitcoin fell 10 percent in a single day on the news, a sad result for those who are losing money on it.