Large companies realize that the big data bell tolls for them, not just for startups. 2015 will be a big year for big data in the enterprise.
Here Are Oracle’s Top 7 Predictions:
Corporate Boardrooms Will Talk About Data Capital, Not Big Data. Data is now a kind of capital.
It’s as necessary for creating new products, services and ways of working as financial capital. For CEOs, this means securing access to, and increasing use of, data capital by digitizing and datafying key activities with customers, suppliers and partners before rivals do.
For CIOs, this means providing data liquidity – the ability to get data the firm wants into the shape it needs with minimal time, cost and risk.
Big Data Management Will Grow – Up. Hadoop and NoSQL will graduate from experimental pilots to standard components of enterprise data management, taking their place alongside relational databases.
Over the course of the year, early majority firms will settle on the best roles for each of these foundational components.
The demand for data liquidity will compel architects to find new ways to make the full big data environment – Hadoop, NoSQL, and relational technologies – act as a mature enterprise-grade system.
Companies Will Demand A Sql For All Seasons. SQL is not just a technology standard.
It’s a language based on 100 years of hard thinking about how to think straight about data.
Applications, analysts, and algorithms rely on it daily to run everything from fraud analyses to freight forwarding. Companies will demand that SQL works with all big data, not just data in a Hadoop, NoSQL (Oh, the irony!), or relational silo.
They’ll also demand that this big data SQL works just like full-fledged modern SQL that their applications and developers already use.
This will put pressure on nascent Hadoop-only SQL to mature overnight.
Just-In-Time Transformation Will Transform ETL. New in-memory streaming technologies change the rate at which we can act on data, causing a re-examination of extract, transform, and load (ETL) activities.
Data scientists will increasingly opt for real-time data replication tools instead of batch-oriented ones to get data into Hadoop, which has been the norm.
They’ll also take advantage of distributed in-memory processing to make data transformation fast enough to support interactive exploration, creating new data combinations on the fly.
Self-Service Discovery And Visualization Tools Will Come To Big Data. New data discovery and visualization tools will help people with expertise in the business but not in technology use big data in daily decisions.
Much of this data will come from outside the firm and, therefore, beyond the careful curation of enterprise data policies. To simplify this complexity, these new technologies will combine consumer-grade user experience with sophisticated algorithmic classification, analysis and enrichment under the hood.
The result for business users will be easy exploration on big data, like knowing where the oil is before digging the well.
Security And Governance Will Increase Big Data Innovation. Many large firms have found their big data pilots shut down by compliance officers concerned about legal or regulatory violations.
This is particularly an issue when creating new data combinations that include customer data. In a twist, firms will find big data experimentation easier to pen up when the data involved is more locked-down.
This means extending modern security practices like data masking and redaction to the full big data environment, in addition to the must-haves of access, authorization and auditing.
Production Workloads Blend Cloud And On-Premise Capabilities. Once companies see enterprise security and governance extended to high-performance cloud environments, they’ll start to shift workloads around as needed.
For example, an auto manufacturer that wants to combine dealer data born in the cloud with vehicle manufacturing data in an on-premise warehouse may ship the warehouse data to the cloud for transformation and analysis, only to send the results back to the warehouse for real-time querying.
Adebayo Sanni, country managing director, Oracle Nigeria
Twitter Investigating Global Platform Outage
Twitter, microblogging and social networking service, said it is working to resolve a global outage of the platform used by hundreds of millions worldwide.
The outage which started on Thursday evening marked a new setback for the network, which is fending off accusations of bias over the decision to block a news report critical of Democratic White House candidate Joe Biden.
“We know people are having trouble tweeting and using Twitter. We’re working to fix this issue as quickly as possible,” a company spokesperson told AFP.
Repeated attempts to post a tweet were greeted with the message: “Something went wrong, but don’t fret — let’s give it another shot.”
According to downdetector.com, users on every continent had reported being unable to use the platform, but the outages were concentrated on the east and west coasts of the United States, as well as Japan.
The outage appeared to have started around 21:30 GMT.
“We are continuing to monitor as our teams investigate. More updates to come,” Twitter’s application programming interface site said.
CcHUB Acquires eLimu, another Kenyan Startup
Nigerian-based Co-Creation Hub (CcHUB) has again moved on to acquire eLimu, another tech company in Kenya.
This is coming b Barely one year after it took control of iHub, Kenya’s foremost incubator and accelerator.
The acquisition of eLimu, a digital educational content provider in the East Africa region, interestingly, was perfected by iHub on behalf of CcHUB.
A statement by CcHUB said the goal is to transform eLimu into the digital education platform arm of the company.
The move may also be part of a growing trend by Nigerian tech founders to grow their frontiers beyond Africa’s largest economy notoriously plagued by insecurity, high foreign exchange volatility, and a business policy environment that is seen as stifling small businesses.
Kenya, with its 51 million population is seen as one of the few relatively stable economies on the continent that is actively encouraging tech businesses.
eLimu, according to the statement, will continue to focus on leveraging cutting edge technology to create interactive and engaging learning content customised to the African context which will be initiated using the existing apps. The acquisition will enable eLimu to scale the apps beyond Kenya.
CcHUB has actively supported EdTech businesses and has also floated a digital education company known as Re:learn, a platform that helps students and schools use technology in smart ways to enhance learning.
“Education is the bedrock of healthy societies,” ‘Bosun Tijani, co-founder, and chief executive officer, CcHUB, said.
“As we continue to contribute to shaping the innovation ecosystem in Africa, accelerating the application of innovation and technology in improving education outcomes will be crucial to driving our overall agenda.”
eLimu has an existing audience of approximately 500,000 teachers and learners. With COVID pushing up interest in eLearning, eLimu said it has seen unprecedented growth rates in recent times.
Some of the services include revision and literacy platforms that make learning fun and engaging for curious children both at school and at home.
The combination of engaging content with proven methods and practice of teaching has ensured that learning outcomes on eLimu improve dramatically for over 500,000 learners.
eLimu also has literacy apps for 6 and 7 year-olds that includes dozens of stories written by Kenyan teachers, illustrated by artists across East Africa, and read by voice actors and celebrities, such as Caroline Mutoko famously known for hosting a morning breakfast show on Kiss 100 FM.
The stories cover different aspects of learning including letter tracing, spelling, and sentence making exercises.
The eLimu platform also has different translations such as English, Swahili, Somali, and Lugbarati.
The company noted an independent study in Dadaab refugee camp which indicated progress in reading fluency 3 times faster than the control group.
“I’m thrilled to see eLimu spread its wings across Africa to make learning fun and engaging for even more children,” Nivi Sharma, founder of eLimu said.
“eLimu will continue to leverage its deep knowledge of the education system to tap into the opportunity to transform learning everywhere.”
As part of the acquisition deal, Abiola Olaniran, founder and CEO of Gamesole, will form part of the management team as eLimu’s Chief Technology Officer.
The statement from CcHUB said it expects Olaniran who has a track record in building high-performing and lucrative technology products to play a key role in transforming eLimu into the leading digital educational content provider on the continent.
Toka, Israeli Cyber Firm Raises $25m in Private Funding
Toka, Israeli cybersecurity firm, said it raised $25 million in an early stage funding round led by Eclipse Ventures.
Recall that Toka had announced early in the year that it was selected by the World Bank for the project to enhance Nigeria’s cyber development.
The company claimed that it was serving as an advisor to Nigeria‘s government under a project to design and bolster the African country’s national cyber resilience.
Toka said the funds will be used to further its efforts to develop intelligence-gathering platforms and products and advise governments on building a cyber defence.
“This funding will help us build out our product pipeline and commercialize it as well as work with more governments to help them build integrated cyber defence and resilience,” said Yaron Rosen, Toka president.
Previous investors, including Andreessen Horowitz, Dell Technologies Capital and Entrée Capital, participated in the financing round.
Toka recently won a World Bank-sponsored contract to assist the government of Moldova to identify the country’s cybersecurity gaps and recommend a strategy to modernize government mobile device and data security.
That followed similar World Bank contracts in Nigeria and Ghana.
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