Welcome!

@CloudExpo Authors: Yeshim Deniz, Pat Romanski, Liz McMillan, Elizabeth White, Carmen Gonzalez

Related Topics: @CloudExpo, Microservices Expo, PowerBuilder, Containers Expo Blog, Artificial Intelligence, Apache

@CloudExpo: Article

Predictive Real-Time Analytics Is the Big Data Lifeline

SAP is not the only firm driving this space, but its work to publicize its competencies in this arena is very prevalent

Big Data is everywhere. Predictive analytics and real time in-memory computing isn't everywhere.

This truth (if we can accept it to be so) represents something of an imbalance.

As a subset of data mining, predictive analytics driven by in-memory computing efficiencies now has an opportunity to bring real-time analysis and insight to fast-moving live transactional data flows. Or to put it another (rather shorter) way, we can now start to manage and understand Big Data better than ever.

Application use cases here might typically include:

  • Meteorology
  • Genetics
  • Economics
  • Climate simulation
  • Oil exploration
  • Financial analysis and scientific research
  • Telecommunications, to name but seven good examples

If we combine contemporary approaches to predictive analytics with the newly arrived Intel Xeon Phi coprocessor that produces what is claimed to be over one teraflop per second in terms of workload computational power for highly-parallel workloads, then CIOs can start to think about what "50-processor core computing" will mean for us in the very near future.

Pushing forward in this space is SAP with its HANA in-memory computing appliance and platform. The firm is openly partnering with HP, Oracle, Cognizant and variety of other big (and smaller specialist) players to form strategic alliances that will help further the uptake of this kind of technology.

Why Is Analytics Working Better?
Part of the reason that in-memory predictive analytics intelligence is now becoming so important and much easier to bring to bear is hardware related and part of it is a software-related development.

On the hardware end, Intel has worked to sharpen data throughput between memory and processor cores. This means that work that goes on right in the heart of the machine that might have traveled at around five Gigabytes per second (Gbps) five years ago, now has a chance to move at 100 Gbps. On the software end, firms like HP and SAP have been working to produce what are typically referred to as "business process solutions" that can produce "context-aware experiences" to enable one sense-and-respond scenarios and, therefore, faster and more personalized interactions with customers.

As a matter of interest, HP also works to provide datacenter services to SAP that support its enterprise-wide hosting solutions for e-business applications - but that's another story.

In terms of actual application solutions running on SAP HANA, new products include the SAP Liquidity Risk Management application, the SAP Accelerated Trade Promotion Planning application and SAP Operational Process Intelligence software.

"These innovations show how SAP is rapidly delivering real-time, data-centric and industry-specific applications on the SAP HANA platform," said Dr Vishal Sikka, member of the SAP executive board for technology and innovation.

To take one example, SAP Liquidity Risk Management aims to provide banks with the ability to perform real-time, high-speed liquidity risk management and reporting on very large volumes of cash flows. In future then, banks will be able to instantly measure key liquidity risk ratios (such as the Basel III liquidity coverage ratio) and cash flow gaps to resolve potential liquidity bottlenecks. The application aims to allow banks to apply different stress scenarios, such as adjusted run-off rates and bond haircuts, to gain a deeper understanding of how market volatility can impact liquidity positions.

Lessons for CIOs
Now you don't have to be a bank CIO or financial analyst to understand the wider importance of this technology, i.e., this is the "harnessing of Big Data" catchline that you've already heard bandied about by countless IT firm's press departments, except now it's really happening.

The lesson for CIOs and the software application developers serving them is that we now have a route to predictive real-time analysis and the power to view billions of stored records and live transactional data at the same time. CIOs should look to their solution architects and business process experts to compose the analytical data models that will drive the next phase of their technology growth.

SAP is not the only firm driving this space, but its work to publicize its competencies in this arena is very prevalent. The fact that SAP pushes many of the interfaces for managing the result of its data analysis to both Apple iPad (and now Windows 8 format) mobile devices may have confounded Steve Jobs at the time, but this is the firm's proof point for showing off its Big Data number crunching applications. One day, quite soon, none of this will be a surprise.

This post first appeared on Enterprise CIO Forum.

More Stories By Adrian Bridgwater

Adrian Bridgwater is a freelance journalist and corporate content creation specialist focusing on cross platform software application development as well as all related aspects software engineering, project management and technology as a whole.

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


@CloudExpo Stories
SYS-CON Events announced today that Systena America will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Systena Group has been in business for various software development and verification in Japan, US, ASEAN, and China by utilizing the knowledge we gained from all types of device development for various industries including smartphones (Android/iOS), wireless communication, security technology and IoT serv...
DevOps at Cloud Expo – being held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real r...
Cloud applications are seeing a deluge of requests to support the exploding advanced analytics market. “Open analytics” is the emerging strategy to deliver that data through an open data access layer, in the cloud, to be directly consumed by external analytics tools and popular programming languages. An increasing number of data engineers and data scientists use a variety of platforms and advanced analytics languages such as SAS, R, Python and Java, as well as frameworks such as Hadoop and Spark...
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
Interested in leveling up on your Cloud Foundry skills? Join IBM for Cloud Foundry Days on June 7 at Cloud Expo New York at the Javits Center in New York City. Cloud Foundry Days is a free half day educational conference and networking event. Come find out why Cloud Foundry is the industry's fastest-growing and most adopted cloud application platform.
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
SYS-CON Events announced today that CollabNet, a global leader in enterprise software development, release automation and DevOps solutions, will be a Bronze Sponsor of SYS-CON's 20th International Cloud Expo®, taking place from June 6-8, 2017, at the Javits Center in New York City, NY. CollabNet offers a broad range of solutions with the mission of helping modern organizations deliver quality software at speed. The company’s latest innovation, the DevOps Lifecycle Manager (DLM), supports Value S...
SYS-CON Events announced today that Outscale, a global pure play Infrastructure as a Service provider and strategic partner of Dassault Systèmes, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2010, Outscale simplifies infrastructure complexities and boosts the business agility of its customers. Outscale delivers a secure, reliable and industrial strength solution for its customers, which in...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus intern...
Everywhere we turn in our industry we can find strong opinions about the direction, type and nature of cloud’s impact on computing and business. Another word that is used in every context in our industry is “hybrid.” In his session at 20th Cloud Expo, Alvaro Gonzalez, Director of Technical, Partner and Field Marketing at Peak 10, will use a combination of a few conceptual props and some research recently commissioned by Peak 10 to offer a real-world consideration of how the various categories of...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in compute, storage and networking technologies, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/...
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 20th Cloud Expo, Tom Eck, Industry Platforms CTO at IBM Cloud, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing developers ...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Regardless of what business you’re in, it’s increasingly a software-driven business. Consumers’ rising expectations for connected digital and physical experiences are driving what some are calling the "Customer Experience Challenge.” In his session at @DevOpsSummit at 20th Cloud Expo, Marco Morales, Director of Global Solutions at CollabNet, will discuss how organizations are increasingly adopting a discipline of Value Stream Mapping to ensure that the software they are producing is poised to o...
This talk centers around how to automate best practices in a multi-/hybrid-cloud world based on our work with customers like GE, Discovery Communications and Fannie Mae. Today’s enterprises are reaping the benefits of cloud computing, but also discovering many risks and challenges. In the age of DevOps and the decentralization of IT, it’s easy to over-provision resources, forget that instances are running, or unintentionally expose vulnerabilities.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...