News on Hadoop - May 2018
Data-Driven HR: How Big Data And Analytics Are Transforming Recruitment.Forbes.com, May 4, 2018.
With platforms like LinkedIn and Glassdoor giving every employer access to valuable big data, the world of recruitment transforming to intelligent recruitment.HR teams that make use of big data in future are likely to be successful in recruiting the right talent in the coming years. What follows are some of the ways in which big data analytics can improve the recruitment process - Sentiment analysis of survey responses, interview responses and social media posts can help understand and boost the employer brand. Using big data analytics, recruiters can measure the success rate of various recruitment channels accurately. Big data analytics helps employers identify and assess the right talent instead of just making a guesswork out of it.
(Source- https://www.forbes.com/sites/bernardmarr/2018/05/04/data-driven-hr-how-big-data-and-analytics-are-transforming-recruitment/#4da2820f2d1f )
Demand for big data contractors sees 128% year-on-year increase. ComputerWeekly.com, May 9, 2018.
Big Data has been in news for quite some time now for all good reasons, be it related to its blazing fast processing speed, different big data tools, implementation or anything else for that matter of fact. According to a research conducted by the recruitment firm, Experis, the demand for professionals and contractors possessing big data skills has been sky rocketing. Their research suggests that demands from firms in UK has seen a rise of 78% from last year. UK and Ireland market specialists of Experis believe that this spike in demand could be due to European Union’s General Data Protection Regulation (GDPR). The list of most in-demand tech skills ahead in this race are AWS, Python, Spark, Hadoop, Cloudera, MongoDB, Hive, Tableau and Java. Although there is a high demand for big data job roles, the salaries offered for big data jobs float on the same level as the previous year.
(Source - https://www.computerweekly.
Global Hadoop Market: Players Resort to Mergers and Acquisitions to Up Share, Cmfenews.com, May 9, 2018
Mergers, partnerships and acquisitions are considered as the key parameters in strategy and decision making for the company growth. And this trend is in existence for a very long period now, but due to booming of recent startups, this trend is on the rise now. Big companies are eyeing on the small market players to have an edge over the competitors. This also help big companies to penetrate into regional market which was earlier very difficult. Big companies like Cloudera, MapR and IBM are now developing their own version of Hadoop to cater to different business requirements and increase their market share. TMR research report found that the global market share of Hadoop has shown a phenomenal CAGR of 29% between 2017 and 2018. The hadoop market was valued at US $8.166 million in 2017 and is likely to reach $37.759 million by 2023.North America is the most dominant market for Hadoop and will likely to be on top for some time.
‘DOTA analytics’: Big data meets e-sports in software giant deal with Team Liquid.News. abs-cbn.com, May 10, 2018
The charm of Big Data is irresistible and this is clearly evident from the way it has transformed the whole world. Big Data analytics is applied across diverse and most complex of the industries. Another feather to its cap is the deal between SAP and one of the top e-sports team– Team Liquid. SAP Hana, has in the past also collaborated with Germany Football team for providing data analytics services to them, which helped them winning the 2014 World Cup. Team Liquid and SAP, will partner on software based on machine learning which will help them in providing on demand analytics and even predict the team success rate in each match. The machine learning software will also aim to improve team’s Gold collection.
(Source - http://news.abs-cbn.com/
Vodafone India leverages Artificial Intelligence and Big Data. EconomicTimes.com, May 16
21st century is the dawn of digitization era and the current trends in technology rightfully justify this. The trends reveal that the business focus is inclining towards customer specific experience. This can be seen from war of the telcos going on in India for quite some time now from providing customized user experience to tariff plans. India’s 2ndlargest telecom company Vodafone has also moved their IT infrastructure to leverage Big Data and AI. Recently, Vodafone has launched a chatbot TOBi, which will be integrated with their mobile apps, for customer servicing and even for remote troubleshooting. Vodafone is hoping that these digital initiatives will help them service their 22.5 crore subscribers. The same trend can been seen for all the carriers worldwide, by gaining insights into the customer’s profile of voice and data consumption, they can improve their service offerings catering to specific needs of the user and also reduce dependency on the physical customer care units.
(Source - https://economictimes.
GlaxoSmithKline R&D creates data platform using Hadoop for the internal sharing of scientific data. ComputerWeekly.com, May 17, 2018
Real world problems are very complex and sometimes make people perplexed. The world of medical science is one those problems which challenges the human mind most. Scientists all over the world are doing research on various compounds which generates enormous amount of data with different types of format. GSK’s R&D department has around 10,000 scientists which carry out experiments based on individual programmes that can provide valuable insights and information if put together. For this GSK has made the decision to use the big data savior a.k.a. Hadoop to harness the power of data generated by all these researches. Recently they have created a data platform which is in its early stage still but, it has already started showing its worthiness. GSK is also looking leverage AI and machine learning for the development of novel medicines using super computing technology.
(Source -https://www.computerweekly.com/news/252441297/GlaxoSmithKline-RD-creates-data-platform-using-Hadoop-the-internal-sharing-of-scientific-data )
Big Data Analytics in Banking: Global Market to Reach $14.83 Billion by 2023. BusinessWire.com, May 17, 2018.
Big data analytics market in the Banking sector is estimated at a value of $7.19 billion in 2017 and is anticipated to each $14.83 million by 2023 growing at a compound annual growth rate of 12.97% from 2018-2023. The key highlights of this big data report are as follows – • In the banking domain, customer analytics is likely to be the prime software application. • Emphasis on analytics is the major driver for the increased growth of big data analytics in the banking domain.