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Yearly Archives: 2016
Blockchain: Banks Begin to Experiment with Blockchain Distributed Ledgers
Bitcoin has popularized the underlying technology that enables the currency called the blockchain. Blockchain is a kind of “distributed ledger”. There’s not a single entity or overseer that manages and maintains a master copy of the information, like a bank.…
Data as a Service: Selling Data Services as a Commodity
A new type of cloud vendor is appearing that provide service APIs to analyze and explore the data. And it’s not just the tools, vendors are also collecting and providing curated data sets that can be tapped into and wired into applications and data analysis tools.…
Internet of Things (IoT): IoT to Shift to Distributed Architectures and Processing of Real-Time Data Streams
Adoption of Internet of Things (IoT) is expected to grow by 50 percent in 2016, according to Gartner. 43 percent of organizations will be using some amount of IoT technology by the end of this year. Ultimately, two-thirds of organizations…
Internet of Things: Driving the Convergence of IT and OT
Increasingly the two areas of information technology (IT) and operational technology (OT) are converging. IT refers to the physical devices like computers, storage and networking for managing data. OT refers to the monitoring of events, processes and devices in manufacturing…
Cognitive Computing: Big Investment in Computers That Can Think
Cognitive computing was identified by IDC as one of six “innovative accelerators”. Spending on cognitive systems is expected to reach $31.3 billion in 2019 and is growing at a rate of 55 percent. Cognitive computing attempts to simulate human thought with…