Yottamine Serves Up Predictive Analytics On-Demand

February 15, 2013

Startup Yottamine Analytics is riding the twin waves of cloud and big data. Its cloud-based predictive modeling solution combines the benefits of EC2 spin-up automation and large-scale program parallelism to provide predictive power by the hour for pennies a minute. Read more…

A Crystal Ball for Enterprise May Exist in the Cloud

June 19, 2012

A growing trend in enterprise environments is the ability to deploy predictive analytics. Cloud services match up well with the requirements of these applications. Read more…

A Global Mood Ring for Financial Markets

May 11, 2011

Research out of Indiana University is seeking to make sense of global social network data in near real-time to arrive at a sense of universal mood. Johan Bollen and his team have a way to mine the tweets of the world to mesh data into an overall sense of emotion--a concept that is finding an eager audience among financial services players. Read more…

The Opportunity for Predictive Analytics in Finance

April 21, 2011

It is often said that managing enterprise risk and micro risk is about finding the needle in the haystack. Predictive analytics uses powerful computers with large memory and storage to eliminate 90 percent of the hay, those "easy" decisions that a computer can handle effortlessly. The modeling systems then score the remaining 10 percent, prioritizing the activities of the human analysts and investigators to do what they do best, which is to make the optimal decision. Read more…

Ford Motor Company Turns to Cloud-Based Prediction Market Software

February 22, 2011

Ford Motor Company and a number of other mega-enterprises are turning to cloud based solutions for prediction market software, which uses heavy-duty predictive analytics to determine outcomes on markets, stocks, and products. Read more…

Startup Aims to Transform Computing with Probability Processing

August 16, 2010

MIT spin-out Lyric Semiconductor Inc. has launched a new breed of integrated circuits that replaces the binary logic of traditional computing with probabilistic logic. The aim is to deliver a much more efficient architecture for applications based on probability computing. For these types of workloads, the company is promising orders-of-magnitude improvement in energy efficiency, performance and cost. Read more…

Revolution Analytics Lifts R Language into Terascale Computing

August 4, 2010

R language booster Revolution Analytics is going after the predictive analytics crowd with its latest Revolution R Enterprise software platform. The company announced this week it will be introducing a package called RevoScaleR to bring the R language into the world of "Big Data," enabling analytics applications to turbo-charge their performance and scale terabyte-sized mountains of data. Read more…

IBM Workload Optimized: Here Comes the Hype Wave

April 15, 2010

Big Blue pushes forward on predictive analytics offerings. Read more…

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