Fetch Gets the Tails Wagging

July 26, 2012

Fetch just learned how to chase and retrieve that data even faster and no treat was necessary. How To Win The Lotto’s article “Fetch Technologies Unveils Breakthrough Web Data Extraction Capabilities and Reports Record Results” tells us how Fetch’s latest upgrade has got tails wagging.

The new version of Fetch, Live Access 4.1 both enhances and expands the web data extraction and:

“Enables clients to easily collect augment and transform data through all available APIs. In addition, Fetch clients can now extract data from Websites that use AJAX and other dynamic content technologies. The release also offers access to completely new sources of data, including PDFs, Microsoft Office documents and images.”

“Every business today needs data from the Web to survive, and by offering the most comprehensive platform available for Web data extraction, Fetch is generating unprecedented results.”

Ironically, Fetch is now part of Connotate. They were acquired in March of this year with the prospect of combining Fetch’s information extraction, integration, and data analytics solution with Connotate’s monitoring, collection and analysis solution technology.

A data Titan was created when combining Connotate’s web data monitoring and data collection with Fetch’s ability to access and transform Web data into actionable information. Both ends of the data spectrum are pretty much covered between the two companies. It looks like Connotate played a good game with Fetch and tails may be wagging for the next decade.

Jennifer Shockley, July 26, 2012

Sponsored by Polyspot

Business Intelligence Seen as Lucrative and Attractive Despite Challenges

July 26, 2012

With economic woes still plaguing much of the world—and for the sake of this particular discussion business driven European nations—it is no wonder that extracting business insights and opportunities have more than a little appeal. Unfortunately, this does not seem to be an easy fix according to what research firm Gartner has found. More on this subject is reported in, “Gartner Says CIO’s Rank Business Intelligence, Analytics No. 1 Issue in 2012.”

The report accumulates the views of almost 2500 CIO’s in 45 different countries and 37 different industries and shows that companies see business intelligence as a challenge.

The article states:

“Analytics and Business Intelligence tops mobile technologies and Cloud computing after a gap of 2 years as the biggest concern. Another clear cut challenge is the enormous lack of resources and skilled staff available to meet the Business intelligence and analytics challenge as well. 80% of CIO’s said that they need further improved resources to meet the challenge. The lowest area requiring significant improvement is Finance at 50%.”

Will companies fuel their funds and resources into this area now that an azure chip consultant says that they should? Probably, because all they seem to be looking for is the “next big thing” that will lead to a solution.

Megan Feil, July 26, 2012

Sponsored by IKANOW

New Big Data Duo Predicts Big Data Action

July 26, 2012

There is a new big data duo in town and they will bring more predictive big data action. Collaborations throughout history have brought some amazing results, and Expert Support NJ’s article, “Actuate and KXEN Collaborate to Offer Big Data Predictive Analysis” talks about this new duo’s analytical itinerary.

These two are predicting a productive future, as:

“Actuate and KXEN announced that they have entered into a partnership to make it easy for companies to optimize processes by installing predictive analytics on petabytes of big data. The partnership intends to combine the features and capabilities of Actuate’s ActuateOne and KXEN’s InfiniteInsight in order to facilitate rapid development of information applications that can be used for deep-dive analysis and realizing effective and collaborative decision making.”

KXEN proudly brings service with a smile. Their success lays in helping their customers get real business value from their investments in predictive analytics. They use all available tools to go deep within an industry and extract information. The end result, KXEN delivers analytic solutions custom designed to fit the needs of your company.

Actuate brings ActuateOne, their all in one program that rapidly develops and deploys custom BI Applications and Information Applications. Any application built with ActuateOne will add interactivity, dashboards, analytics, and deployment options for web and mobile applications.

The future looks promising for this well thought out collaboration. One thing is for sure, this duo will provide more predictive big data action.

Jennifer Shockley, July 26, 2012

Sponsored by IKANOW

Quote to Note: Manage the Decline

July 23, 2012

I snipped a quotation from the Wall Street Journal, dead tree edition, this morning (July 23, 2012). On page B-6 the “Idol Auditions New Judges” write up included this gem:

American Idol is a juggernaut franchise that still has many season left but once a program starts to fall from its pear, you are working to minimize the decline, said Kris Magel, director of national broadcast at Initiative, a media buying firm…

I highlighted the phrase which I think is a keeper. I want to use this idea to characterize a number of search and content processing vendors’ actions in the closing months of 2012. With the shift to open source technologies beginning to gain momentum, many information retrieval companies, regardless of the spin in their marketing collateral, are likely to be working to maintain revenues. Growth may be tough. With funds in short supply for some firms, the white knight notion of an acquisition to get talented people (an acq-hire) may be galloping into the sunset. Trigger words for me now include predictive anything (analytics, tagging, coding, what have you), customer support or customer relationship management, and big data. Words do not equate with revenue in the tough months ahead.

Love that phrase, “minimize the decline.”

Stephen E Arnold, July 23, 2012

Sponsored by Ikanow

New Oracle Solution Could Be Online Retail Game Changer

July 23, 2012

CMS Wire recently reported on a new solution called Oracle Commerce in the article, “Oracle Combines ATG, Endeca Products Into Oracle Commerce.”

According to the article, this new solution is a combination of two of Oracle’s products, Oracle ATG Commerce and Oracle Endeca. This single solution, known as Commerce, uses a data integration model to centrally manage customer engagement strategies by providing a personalized user experience.

The article states:

“Oracle Commerce provides pre-built components for quick launches of websites via a site creation wizard, which allows for integration of channels. A cross-channel strategy can be centrally managed, and granular control is offered over guided navigation, search, merchandising, content-targeting and personalization. The company said that Commerce can utilize existing customer experience technology that a business might have, integrating such tools as analytics, CRM or a recommendations engine.”

Commerce brings the best of ATG and Endeca, including Oracle’s Web Commerce Customer Service, Live Help On Demand, and Recommendation on Demand. With all of these added features Commerce could very well be a game changer for online retail. Endeca has tried a number of business segments over the last decade. Perhaps this one will allow the firm to boost its revenues in a significant manner?

Jasmine Ashton, July 23, 2012

Sponsored by IKANOW

One Vision of the Future of Enterprise Architecture

July 22, 2012

SYS-Con Media recently published an article detailing the impact of Cloud, big data analytics and mobility on enterprise architecture in the article “The New Enterprise Reference Architecture.”

For those who do not already know, the term Enterprise Architecture refers to the process of moving business vision and strategy into effective enterprise change by creating, communicating and improving the key requirements, principles and models that describe the enterprise’s future state and enable its evolution.

This article is based on the assumption that a lot has changed over the past couple of years regarding the ways that enterprises chart their enterprise architecture. It provides readers with a diagram of “the new enterprise reference architecture” along with accompanying text providing a detailed explanation of the role of each layer.

When discussing the enterprise search layer, the article states:

“While the data virtualization layer provides a common layer to access all the disparate data sources, we still needed robust searching capabilities on top of it and hence this layer is important. Some of the attributes of this layer are :

  • Keyword based search
  • Auto Correction
  • Thesaurus expansion
  • Relevance Ranking

This layer works closely with the context aware content layer. Products like Microsoft FAST Search Engine, Google Search Engine will fall under this category.”

While the new enterprise architecture is more complex than the old one, it also is filled with more possibilities. Our only question is what happened to enterprise search as a platform?

Jasmine Ashton, July 22, 2012

Sponsored by IKANOW

Accenture and FinTech Showcase Tech for Wall Street

July 20, 2012

Big Data spread about the New York stage, but the spotlight was on companies that provide data solutions at the FinTech’s Innovation Demo Day. Those in attendance got a first class viewing of the Wall Street supported entrepreneurs who are at the top of the technology class in the financial industry’s innovation and investment solutions.

The FinTech lab is like the annual innovation talent show where the chosen few strut their technology. However, according to Equities article “Banks and Venture Capital Firms Focus on the Digital Frontier at New York’s 2012 FinTech Innovation Lab Demo Day” the companies participate in mentorship programs for 12 weeks with the world’s leading executives beforehand.

We learned:

The six entrepreneurs demonstrated their solutions to dozens of financial industry, venture capital and technology executives, following a 12-week mentorship program with executives from the world’s leading banks and venture firms. The Lab was created by the New York City Investment Fund, the economic development arm of the Partnership for New York City, and Accenture (NYSE: ACN) to help sustain and grow New York City’s role as the global leader in financial services and to support job creation in its technology sector. This year’s Demo Day was held at the Credit Suisse headquarters in Manhattan.

The news story highlighted Digital Reasoning:

Digital Reasoning develops and markets solutions that provide ‘automated understanding’ for big data. Their vision is that software should be able to ‘read’ and understand text as humans do, in context. This vision is realized in the flagship solution Synthesys, an application-ready platform for making sense of unstructured data at scale. Digital Reasoning currently serves a number of US Government agencies and is applying its technology in the Financial Services sector to protect banks and their customers.

Will New York become the next hot spot for technology in the US? Accenture embraces this concept.

Jennifer Shockley, July 20, 2012

Sponsored by Polyspot

KB Craw land Serda Lab Tie Up

July 20, 2012

There is an interesting new project in the works according to the article “KB Crawl: Conférence SerdaLAB” on Aboiron & Associates. If this collaborative project with KB Crawl and SerdaLAB works out, it could open a can of snails for those who make a living in intelligence solutions.

KB Crawl SAS is a French Publisher of competitive intelligence solutions. They proposed a data collection tool that monitors and collects information on the internet. This new tool utilizes a strategic intelligence platform that allows analyzing, sharing and disseminating information.

SerdaLAB was developed with the collaborative platform solution of KB Crawl. This is the first freemium site that offers a monitoring service that specializes in information management, electronic archiving, public data, information law, electronic business information, collaborative knowledge management, libraries and Eve.

SerdaLab offers many premium services to users, and:

“This site allows you to continuously monitor the innovations, trends, product news, feedback and key figures enabling professional market players or managers of information to benefit from a professional, or save time by collecting information sorted, filtered and decrypted.”

“SerdaLAB offers a free daily news brief of (market, product, key figures, and surveys) from 800 international sources. The information professionals and IT managers can access articles analyzing charge, and in the knowledge base of market participants by subscribing to the son of eve themed newsletter or the entire platform (grants free access to school).”

Free education and freemium services? With marketing like that it is no wonder KB Crawl is the most utilized competitive intelligence solution in France. KB Crawls project with SerdaLab just got very interesting.

Jennifer Shockley, July 20, 2012

Sponsored by IKANOW

Predictive Analytics and Big Data with Higher Costs to Boot

July 19, 2012

Predictive analytics and big data are two of the biggest buzzwords in the legal and It professions at the moment. Both deal with the beneficial power of analytics, but soon the two concepts will meet and combine. Knoll Ontrack wrote “Predictive Coding Helps Tackle Big Data” explaining what will happen when the two shall meet. The article explains that as big data becomes more widespread it will make the e-disclosure process more expensive.

Predictive coding could make big data more cost-effective just as it makes attorney fees lower:

“However, having a mushrooming quantity of data means that when an e-disclosure request is issued, it takes even longer to trawl through information, identify relevant documents and compare duplicates. With the increasing time it takes, legal costs can skyrocket, a worrying trend for businesses in the current climate where margins are already stretched thin. For this reason the introduction of predictive coding in likely to be popular as it leaves the legwork to a sophisticated algorithm, finding relevant documents which can then be reviewed more closely.”

Can you take some of the marketing assertions about predictive methods and win at the race track or the stock market? I know that I would not invest my retirement savings in systems which purport to tell the future. Software can provide some guidance, but the decision making requires human effort. Cost cutting and dreams of sugar plums may be behind some of the bold assertions about the magic of predictive methods. Run a query for “predictive analytics” on Google You will have an opportunity to work through the assertions directly. Doing one’s homework reduces some of the risks associated with embracing methods which are often a blend of math and marketing. Expensive? We agree. Possibly higher costs. We would suggest greater risk in some situations.

Stephen E Arnold, July 19, 2012

Sponsored by Polyspot

Text Analysis and Text Mining Are Powerful Tools

July 19, 2012

Text analysis and mining is one service that many data analytics firms offer their clients. AME Info has the latest news on how “SAS to Add High Performance Text Mining to Its Powerful In-Memory Analytics Software in Q3 2012.” SAS is one of the leading big data analytics companies and soon they will add Hugh-Performance Analytics to their Teradata and EMC Greenplum platforms to perform even more complex big data analytics. The new technology with new text-mining technology will give new insights into unstructured data from emails to social media quicker and more efficiently.

SAS is proud of the advancement:

” ‘High-performance analytics is the most significant SAS technology advance over the last 10 years,’ said Jim Goodnight, CEO, SAS. ‘We realized that organizations were accumulating massive amounts of data that could provide answers to questions they could never ask before. The analysis took so long to process, answers were irrelevant by the time the computer spit them out. High-performance analytics provides answers when the information is still useful and leaves time to explore multiple possibilities.’ “

Text analysis is a basic service and many companies are trying to find ways to make their services stand out in the crowd. We suggest that you look at the next generation text analysis vendors; for example, Ikanow.

Whitney Grace, July 19, 2012

Sponsored byIkanow

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