Big Data Spotlight: Guavus enables efficient, profitable networks

Operational intelligence platform fuses, correlates and analyzes operational and business data in real time

Featured Company Profile

Proven at the world’s largest communications companies, Guavus provides an operational intelligence platform integrated with a suite of next-generation analytics applications for planning, operations and marketing. These applications have deep domain expertise and data science built-in to provide real-time analytics that enable businesses to become more efficient, profitable and competitive. The company claims to analyze more than 50% of the mobile data traffic in US and processing more than 2.5 petabytes of data daily.

U.S. sees new EU data-sharing pact within reach

Commerce Secretary Pritzker says 'Safe Harbour 2.0' will meet EU concerns about data transfer security

Reuters

FRANKFURT (Reuters) - A new transatlantic data-sharing agreement is within reach after the "Safe Harbour" deal used by thousands of companies to comply with EU privacy law was struck down by the highest EU court this month, U.S. Secretary of Commerce Penny Pritzker said.

The so-called "Safe Harbour 2.0" agreement currently being negotiated would meet European concerns about the transfer of data to the United States, Pritzker told journalists in Frankfurt on Thursday during a visit to Germany.

EU privacy regulators give EU, U.S. three months to find new data pact

The EU Commission and the United States have been in talks for two years to reform Safe Harbour

Reuters

LONDON (Reuters) - Companies could face action from European privacy regulators if the European Commission and United States do not come up with a new system enabling them to shuffle data across the Atlantic in three months, the regulators said on Friday.

The highest EU court last week struck down a system known as Safe Harbour used by over 4,000 firms to transfer personal data to the United States, leaving companies without alternatives scrambling to put new legal measures in place to ensure everyday business could continue.

Intel's data center business seen rebounding in 2016

As spending on data center systems slows, analysts see more users taking to cloud services

Reuters

(Reuters) - Intel Corp's move to cut growth forecast for its highly profitable business that makes chips used in data centers may have disappointed investors, but analysts see the unit rebounding next year as more users take to cloud services.

Expanding the business is critical to Intel's efforts to reducing its dependence on the PC market, which has been shrinking for almost four years. Buying Altera Corp earlier this year was a step in this direction.

Amazon rolls out new services for cloud, launches 'Internet of Things' apps platform

'AWS IoT' will connect factories, vehicles, health care systems, and household appliances via the cloud

Reuters

(Reuters) - Amazon.com Inc's cloud business, Amazon Web Services, has launched a service to help customers build applications to connect devices through the cloud, the so-called "Internet of Things".

The service, called "AWS IoT", will allow factory floors, vehicles, health care systems, household appliances among other "things" to connect through cloud services, the company said on Thursday.

The connection to the cloud will be fast and lightweight, making it a good fit for devices that have limited memory, processing power, or battery life, Amazon said.

Europe-U.S. data transfer deal used by many firms ruled invalid

Court said Safe Harbor did not sufficiently protect EU citizens' personal data

Reuters

BRUSSELS (Reuters) - The EU's highest court struck down a deal that allows thousands of companies to easily transfer personal data from Europe to the United States, in a landmark ruling on Tuesday that follows revelations of mass U.S. government snooping.

EU financial watchdogs zoom in on 'big data' use

Civil liberties groups have expressed concerns over personal privacy breaches

Reuters

LONDON (Reuters) - European banks and insurers could face new rules to control their use of "big data" to target customers with products after EU watchdogs said they would investigate the area.

Big data refers to companies or other institutions using digital information on consumer behavior from a wide variety of sources, such as their own databases, to make market predictions or spot patterns. The global financial services industry is expected to spend billions of dollars in coming years to improve their analysis capabilities.

Thousands of companies await EU ruling on U.S. data privacy pact

Current law forbids transfer of EU citizens' personal data to countries with low privacy standards

Reuters

BRUSSELS (Reuters) - A ruling due next week from the EU's top court on a long-running transatlantic pact on private data could affect all legal ways of moving such data from Europe to the United States, lawyers say, potentially disrupting the everyday online transactions of thousands of companies.

Under current European privacy laws companies are forbidden from transferring European citizens' personal data to countries deemed to have lower privacy standards - such as the United States.

Court adviser deals major blow to EU-U.S. data share deal

Amid calls for Safe Harbour suspension, US and EU have been in talks for two years

Reuters

BRUSSELS (Reuters) - A deal easing the transfer of data between the United States and the EU is invalid, an adviser to the European Union's top court said on Wednesday, dealing a blow to a system used by Facebook, Google and thousands of other companies.

The Safe Harbour agreement did not do enough to protect EU citizen's private information when it reached the United States and should have been suspended, Yves Bot, Advocate General at the European Court of Justice (ECJ), said.

Mobile Commerce, Payments, NFC/RFID and Big Data

The role of Near Field Communication (NFC) in mobile payments continues to divide the industry

There has been an explosion in mobile payment service launches, joint ventures, and partnerships in the past two to three years.  Merchants are starting to appreciate the benefits that mobile payments can bring, with major chains including Starbucks and McDonald’s launching services on a national basis.

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Featured Company Profile

Featured Company Profile: Big Data Leader - GuavasBig Data Leader - Guavas

Guavus enables efficient, profitable networks with its operational intelligence platform, which fuses, correlates and analyzes operational and business data in real time.

For a more in depth view into Guavas, its strategy, and its market positioning, download this Company Profile, available exclusively from Telecom Engine.

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Big Data in IoT Infographic - Click to Enlarge


"Big Data in IoT is different and thus will require more robust, agile, and scalable platforms, analytical tools, and data storage systems than conventional Big Data Infrastructure..."

"...The data generated through sensors embedded in various things/objects will generate massive amounts of unstructured (big) data on real-time basis that holds the promise for intelligence and insights for dramatically improved decision processes."

- Mind Commerce Research


 

 

Featured Big Data Reports

Market Opportunity: Big Data in the Internet of Things
Big Data and Analytics software and applications will play a crucial role in making IoT a success. The data generated through sensors embedded in various things/objects will generate massive amounts of unstructured (big) data on real-time basis that holds the promise for intelligence and insights for dramatically improved decision processes.

 

Structured and Unstructured (Big) Data in Telecom Analytics
This report provides the reader with a broad understanding of telecom data (structured and unstructured/big data) and related analytics. The report identifies market drivers and opportunities as well as forecasts for certain key growth areas such as deep packet inspection.

 

 

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