Tag: streaming data
David Loshin provides an alternate take on streaming data in the context of legacy systems.
The quote above is from Jason Handley, Director of Smart Grid Technology and Operations at Duke Energy. It says it all. Changing demands from customers and regulators requires utilities to think differently about every aspect of business – from what they offer to how they price and deliver it. Utilities
In the field of machine learning, online learning refers to the collection of machine learning methods that learn from a sequence of data provided over time. In online learning, models update continuously as each data point arrives. You often hear online learning described as analyzing “data in motion,” because it
Remember when performance reporting took place monthly, or even annually? When executives solemnly received a static report in a board meeting, which told them what had happened a month or so ago, often longer, and they had to make decisions about what to do next? This period actually isn’t all
Jim Harris discusses how the lines between data management and analytics are fading.
Who cares about sports and data? Not just athletes, coaches and fans. It turns out that many companies outside of sporting organisations are also associated with the sports industry. For example, financial services organisations are actively involved in sports sponsorships. Retailers sell fan merchandise. Telcos build social engagement strategies around
As I've previously written, data analytics historically analyzed data after it stopped moving and was stored, often in a data warehouse. But in the era of big data, data needs to be continuously analyzed while it’s still in motion – that is, while it’s streaming. This allows for capturing the real-time value of data
It’s nearly impossible to avoid the debate. From politicians and pundit commentary, to dinner table discussions across the United States, the hot topic for the last several years has been the rising cost of health care. Consider that health care expenditures in the US were $3 trillion in 2014 and are
The numbers are daunting. More than 40 million Americans have their identities stolen each year. Credit card companies lose more than $200 billion annually due to fraud. Cybercrime-related losses exceed $3 million per claim for large companies. If you’re like me, those stats are enough to give pause. To fuel the concern,
It is said that everything is big in Texas, and that includes big data. During my recent trip to Austin I had the privilege of being a judge in the final round of the Texata Big Data World Championship, a fantastic example of big data competitions. It felt fitting that
We are aware that the Internet of Things (IoT) is growing rapidly, and that growth over the next few years is expected to be exponential. IoT is, in fact, starting to deliver. It is now becoming clear that what began as clever ideas, with limited application, has potential to revolutionise
Gartner has stated that there are nearly five billion connected devices throughout the world today and predicts that there will be more than 25 billion by 2020, making the potential of this technology unlimited. The connected devices in industrial settings, in personal devices, and in our homes are creating a
I have been working on streaming analytics in conjunction with a project at Duke Energy, so a few months ago I was contacted by a colleague who wanted to look at the feasibility of applying what I’ve learned to our Internet of Things (IoT) initiative. In particular, we wanted to see if
You’ve heard about the smart grid, but what is it that makes the grid smart? I’ve been working on a project with Duke Energy and NC State University doing time-series analysis on data from Phasor Measurement Units (PMUs) that illustrates the intelligence in the grid as well as an interesting
Imagine you are the race director for a Formula One car. Decisions must be made within seconds, sometimes in the blink of an eye. When speed is of utmost importance, it is necessary for race engineers to have all relevant race data at their fingertips. Instead of having a couple of