Research and analysis firm, IDC predicts that the total global volume of created and replicated data in 2020 may be about 35 zettabyte (1.8 trillion gigabytes) — about 18 times more than what was produced (established) in 2006. Even as data is rising to these gargantuan levels, it is shocking to know that just one to five percent gains are made from data-driven decision making. Here is an example that shows how small figures translate to gain in an industry. According to a recent article in the New York Times, a difference of one percentage in fuel efficiency would mean a savings of around three billion dollars in the airline industry.
With the recent arrival of various search servers and analytics engines, the process to store, search and analyze huge volumes of data in real time has become easier. Elasticsearch is one such search and analytics engine. It is a highly scalable, open-source full-text search and analytics engine suitable for applications that require complex search features. (more…)
When Apple Pay was unveiled last Tuesday, I was one of the first to laugh off the rather uncanny timing of marketing a secure payment service while the #Fappening2014 was still running hot on search engines. I certainly felt it would be a nail in the coffin, even before release. (more…)