Rod Ebrahimi has a great piece in Forbes identifying three big Silicon Valley trends that will reshape the Financial Services industry. And while I think he’s right that increased transparency, more automation, and improved access to capital are, indeed, changing the way the Financial Services world operates, I can’t help but think he left out the biggest trend in Financial Services:
Open-source innovation in Big Data.
In his defense, Ebrahimi was focused more on front-office innovations in retail banking, like how much information banks share with Main Street customers like you and me. And perhaps he would consider open... Read More >
This is a guest post by Yash Badiani, Practice Head - Big Data, CIGNEX Datamatics.
Record keeping and document archiving are such common practices within enterprises that their importance often goes unrecognized. An efficient archivist was the person who preserved records with such a systematic finesse and structured pattern that archives filed decades ago could be retrieved in matter of minutes. But when enterprise transactions took an innovative leap through computers playing an important role in operations, the volume of data to be managed by an archivist went beyond their scope. The digital data explosion has paved the way... Read More >
This is a guest post by Bas van Oudenaarde, Technical Manager, VX Company
One of the primary roles of government is to care for the safety of its citizens. Depending on the country, there are different public alert and warning systems to notify civilians of general or local dangers. Historically, such systems have tended to be 'top-down' or hierarchical, but today bottom-up approaches are preferred as news tends to travel much faster through social media like Twitter or Facebook than outmoded means. VX Company builds such public alert and warning systems for governments, and has been evaluating... Read More >
From the beginning, 10gen has focused MongoDB on four key areas: flexibility, power, speed, and ease of use. In terms of ease of use, we are very much interested not only in improving usability for developers, but also for IT operations. Early in MongoDB’s development, we released MMS (MongoDB Monitoring Service) to offer users visibility into the right metrics to manage and optimize applications during development and in production. To continue to improve our users’ ability to manage MongoDB in production, there is a powerful new type of alert type available in MMS - Metric Min/Max Value.
Fast on the heels of an earlier blog post highlighting the importance of open source in enterprise IT recruiting, this data from Dice.com’s annual salary survey was released. Money quote:
Out of the big three, mobile, cloud and data, there's one that is having a disproportionate impact on salaries - it's big data. Salaries reported by those who regularly use Hadoop, NoSQL, and Mongo DB are all north of $100,000. By comparison, average salaries for technologies closely associated with cloud and virtualization are just under $90,000 and mobile salaries are closer to $80,000.
Though CIOs like to talk about the “top talent” they have working for them, too often they’re unable to recruit or retain the best people, as Stefan Dietrich notes on CITO Research. Recruiting the best people isn’t a matter of paying the highest salaries, as Dietrich argues, but rather a matter of creating the right environment:
Today's IT departments have too often become unattractive to top talent because they offer a weak product in terms of work and people. To attract today's top talent, IT departments need to provide an environment where top talent meets other top talent for... Read More >
It’s not exactly news that Buffer runs MongoDB. In 2011, Buffer co-founder Leo Widrich blogged that Buffer was migrating from MySQL to MongoDB in order to better scale to accommodate user growth. A year and a half later, Buffer has grown to 450,000 users and nearly $1 million in revenue, all with just $400,000 in angel funding (from some pretty impressive angels).
But it’s news to me. I love Buffer and use it daily to schedule tweets. (@mjasay) When I found out that one of my favorite services was using MongoDB as its data infrastructure,... Read More >
One of the best things about industry innovation right now is that virtually none of the best technology is emerging from the bowels of some corporate R&D department. It’s coming from real companies solving real problems of scale, among other things, and often from web companies like Google and Twitter. Even better, this “web” technology is now finding its way into the enterprise, something that 10gen CEO Dwight Merriman captures in a recent interview with InfoWorld:
Our first customers were from the Web 2.0 and startup world. That was…back in 2009, so you have folks like Shutterfly