Posts tagged ‘Foursquare’

Big Data Tools Need to Get Out of the Stone Age: Business Users and Data Scientists Need Applications, Not Technology Stacks

By Terence Craig

Things have been crazy at PatternBuilders recently. The excitement and positive reactions to FinancePBI, our Financial Services big data analytics solution, from media, analysts, venture folks, cloud infrastructure partners, and users has been amazing.  Our new cross industry graphical big data correlation mashups are generating a lot of excitement as well—we like to call this feature Google Correlate on steroids. Check out how our newest partner analytics consultancy, InsightVoices, has used it to find relationships between stock prices and traffic sensor data.

Mary’s recent post on Strata West 2012 provides a great overview of how hot the hype cycle around big data has become (while managing to work in a plug for her favorite gory TV series as well). In case you’re still not convinced, here are some additional nuggets:

  • The market for big data technology worldwide is expected to grow from $3.2 billion in 2010 to $16.9 billion in 2015, a compound annual growth rate (CAGR) of 40% (hat tip to IDC).
  • The amount of big data being generated continues to grow exponentially, now being expected to double in two years. This is largely driven by social networks, smartphones, and really cool IP-enabled devices like the Fitbit and this IPhone-based brain scanning device by our new Strata buddy Tan Le at Emotiv Lifesciences. Yes, she is much smarter than us but we like her anyway!
  • The White House is even doing its share, investing $200 million a year in access and funding to help propel big data sets, techniques, and technologies while giving a shout out to our friends at Data Without Borders.

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April 18, 2012 at 2:34 pm 5 comments

Data Security Reminder: Strong Passwords are Your Best Line of Defense

By Mary Ludloff

Yes, I am still working on my second post about the McKinsey Report which focuses on the U.S. health care system and what we can do to “analytically” fix it but I am also, as always, keeping an eye out for interesting news items to pass along. In particular, a WSJ blog post about data security (yours and mine) caught my eye because it reminded me of the importance of passwords.

As you may remember, a while back the WJS “broke” a story that smartphone apps are hijacking our personal information. Well, according to the WSJ, this is still the case:

“Computer security firm viaForensics has found the applications for top Internet companies LinkedIn Corp., Netflix, Inc., Foursquare and Square, Inc. stored various forms of users’ personal data in plain text on a mobile device, putting sensitive information at risk to computer criminals… The Android applications of LinkedIn, Netflix and Foursquare stored user names and passwords in unencrypted form on their Google-powered devices. Storing that data in plain text violates a commonly accepted best practice in computer security. Since many people tend to use the same usernames and passwords across any number of sites, the failing could help hackers penetrate other accounts… ViaForensics also found the iPhone version of Square’s mobile payments app exposed a user’s transaction amount history and the most recent digital signature of a person who signed an electronic receipt on the app.”

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June 10, 2011 at 3:26 pm 2 comments


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