In the past year, my Big Data journey has evolved into a successful, revenue-generating, innovation-enabling solution. How did I get here and what recommendations can I offer?First, properly set expectations for Big Data. One executive asserted, “If you get enough data together in one place, it automatically generates answers to questions you didn’t know to ask.” He believed that a primordial soup of data would simply spring to life. As you invest, emphasize that the goal is to answer questions that had previously been too complex or expensive to answer.Second, avoid Data Scientists initially. They will be useful later, but not at the outset. There are two types of Data Scientists. The first know how to set up a huge Hadoop or Elasticsearch cluster or a big NoSQL database. The latter know statistics, the ‘R’ programming language, and graph theory. In both cases, they’re a solution in search of a problem.Third, listen to parts of the company that lack a voice. Big Data reduces the cost or complexity of solving problems. Look for areas where the business has been unwilling or unable to invest. Our journey to success began when a support engineer observed that we could use Big Data to predict within 90 days that a Data Domain would run out of capacity. He was tired of taking support calls about “failed backups” because the backup teams were not trained to monitor storage capacities. He knew EMC could do better, and Big Data allowed us to do it without a huge investment.Once you have properly set expectations, avoided the pitfalls of gratuitous investment, and have found a critical but underappreciated problem to solve, there are three success factors:1. Be Open – Too often organizations will create a Big Data Lake, but prevent people from accessing the data. Innovation comes from bringing creative people and data together. Governance is important, but don’t let IT lock everyone out.2. Revenue vs. Optimization – Many people want to optimize a process (e.g. fewer support calls or faster bug triage), but optimization is difficult to quantify and even harder to justify investment. Instead, focus on ways that Big Data can augment your revenue. At first, we futilely tried to get funding by demonstrating “reduced support case load.” Interest and funding expanded when we tracked the revenue generated by selling additional Data Domain storage and systems to customers who were about to run out of capacity.3. Generalist vs. Specialist – At the beginning, you don’t need a hyper-optimized Big Data infrastructure. You need somebody who understands the business problem, what data they need, how to access the data, and how to deploy basic Big Data tools. In short, you need a problem-solving generalist who can learn quickly. As the solution expands, hire specialists to optimize each part of the process. At the beginning, though, generalists win.As with most business/technology transformation, the challenge with Big Data is not one of technology. To succeed with Big Data, manage business expectations, avoid technology hype, and embrace revenue-generating ideas from underfunded areas. If you keep your Big Data Lake open and accessible, you’ll unlock the innovative passion of parts of the company that have been desperate to do more.Often, starting small – especially when it comes to Big Data – can have the greatest payoff.For more insight into my big data journey and lessons learned, check out The Business Impact of Big Data podcast series.
Before Notre Dame fans packed the football stadium last Saturday to cheer for the Irish, the Notre Dame ROTC units – Army, Navy, Air Force and Marine Corps – spent 12 hours shoveling snow out of the stadium to prepare for game day.Master Sergeant Marshall Yuen said the shoveling, which lasted from 8 a.m. to 8 p.m. Friday, was part of an agreement made between Notre Dame ROTC and stadium staff in 2008.“Back in 2008, before a Stanford game, the campus got hit by a really big snowstorm,” he said. “It was on a Thursday and Friday, and [Facilities Manager] Dan Brazo had a hard time getting all the snow cleared for the game. So after that, he called over here to coordinate a community response with us for the next time something like that happened.”Yuen said last Friday was the first time since 2008 that the ROTC was called to help clear the stadium, and in all, about 75 percent of students involved in the Notre Dame ROTC program helped shovel snow.“Quite a few of our cadets were [shoveling] in between class periods,” he said. “[Some of them] went to class at eight o’clock in the morning. They had an hour break, so they walked over to the stadium and did some shoveling and then went to their next class. Some did it over their lunch breaks.“Every one of the ROTC commanders was out there shoveling snow, and some of them were out there for six or seven hours.”Sophomore Naval midshipman Ian Tembe said involvement in ROTC service like this is personally important to him.“I like to participate in everything the battalion does,” he said. “For me, Navy ROTC (NROTC) is the main part of my life as far as my future and my career. … Another thing that I really like is the relationship between NROTC and Notre Dame, and I wanted to help further that [by participating].”Shoveling snow in the stadium also helped strengthen the bond between the four different ROTC units, Tembe said.“It’s important for the cadets to do [service for the University] so that [ROTC] can instill that ‘God, Country, Notre Dame’ kind of ideal and that service to community,” he said. “It’s important to strengthen the relationship between the Navy, the Army, the Marine Corps, the Air Force and Notre Dame.”Senior Elizabeth Terino said the relationship between the four ROTC branches extends beyond shoveling snow together on Friday. The units have multiple events with each other throughout the year, she said. Tembe said this relationship between the branches is an important one.“The camaraderie between the units, we have kind of a sibling rivalry,” Tembe said. “But we’re really more tightly involved than you might think. And that’s important because once we graduate and become officers, joint relationships between the branches are very important to the military objectives of the United States. Each service would like to say they’re the one that does all the work, but really the work can’t be done without all the armed services.”Shoveling snow on Friday was a way to show ROTC’s appreciation for Notre Dame, Terino said.“Notre Dame is so supportive of the ROTC program,” she said. “Shoveling the stadium is just a small act of service that we can perform to give back to a University that gives us so much.”Ultimately, though, Yuen said the service Notre Dame ROTC provides to the University also benefits the cadets.“What it really teaches our cadets is that if somebody asks for help, you go out there and help them without expecting necessarily a monetary reward or a pat on the back,” he said. “When your community calls you to help, if you have time to do it, you go out there and do it.”Tags: Football Friday Feature, ROTC
The Saint Mary’s Center for Women’s Intercultural Leadership (CWIL) will sponsor a new summer study abroad program in Jamaica, starting in May 2016.Dionne Bremyer, assistant professor of English, said she started the program because her family heritage is Jamaican, and she believes the island is full of culture most Saint Mary’s students can appreciate but do not know as well.“It’s a good place to go in terms of getting a different cultural experience and still being English-speaking,” Bremyer said. “I think some students might be intimidated by going places where there’s a language barrier, but they still want to have a cultural experience that’s different. … You can get a really different experience in Jamaica, but it’s still an English-speaking country.”Bremyer said she will be teaching a course on travel writing while in Jamaica.“We’re going to look at the dichotomy between being a tourist and being a traveler,” Bremyer said. “We’re going to talk about what it means to travel as opposed to what it means to engage in tourism. Jamaica is the perfect place to do that because its economy is so driven by tourism. Some of those questions about the ecological, the cultural, the financial impact of what tourism does to a country are really at large in Jamaica.”Bremyer said she wants students to have a better understanding of the world through their experiences in Jamaica.“It’s an amazing opportunity to experience a country that is so close to the United States and one that is so influenced by the United States, but one that people don’t really know a lot about,” she said. “[People] haven’t thought much about what this country is, who the people of this country are, and so much of that is defined by this tourist perception.“I think it will be a really unique opportunity to experience a place that is so close in terms of geography but so very different in terms of culture.”She said students in the program will gain a sense of how the cultures of the United States and Jamaica interact.“[It is] a chance to think critically about what it means when we spend our dollars traveling somewhere — what it means to make choices about the environment, about the world that we live in, about how we value other countries in relation to our own,” Bremyer said. “ … To experience the world and to think about the ways in which we can understand ourselves and the world and each other better by having an understanding of all the people who live on our planet.”The program will teach the history of the island to students through trips to a marine village and Port Royal, a hike in the Blue Mountains and visits to Jamaica’s Great Houses — plantation-style homes that used to be cotton and sugar farms. Students will also attend the Calabash Literary Festival, a three-day long festival with readings by published authors that celebrates the long literary tradition of Jamaica.Tags: CWIL, Jamaica, Saint Mary’s Center of Women’s Intercultural Leadership, SMC study abroad
Tags: 2020 elections, presidential debate, Students React
April 1, 2006 Regular News U. S. 11th Circuit seeks rule change comments Pursuant to 28 U.S.C. §2071(b), notice and opportunity for comment is hereby given of proposed amendments to the Rules of the U.S. Court of Appeals for the 11th Circuit.A copy of the proposed amendments may be obtained on and after April 3 from the court’s Web site at www.ca11.uscourts.gov. A copy may also be obtained without charge from the Office of the Clerk, U.S. Court of Appeals for the 11th Circuit, 56 Forsyth St., N.W., Atlanta, GA 30303, phone (404) 335-6100. Comments on the proposed amendments may be submitted in writing to the clerk at the above street address by May 4, 2006. U.S. 11th Circuit seeks rule change comments
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Target store on Black Friday (Photo: Target)Retail giant Target will offer a 10 percent discount to all customers during the weekend in the wake of a massive data breach at its stores that compromised 40 million credit or debit card accounts and frustrated customers nationwide.The discount will apply to sales on Dec. 21 and Dec. 22 at all U.S. stores. The big box store will also offer free credit monitoring serices to customers who think they may have been affected by the hack, which occurred between Nov. 27 and Dec. 15.Target’s in-store payment systems were breached two days before Black Friday, one of the busiest shopping days of the year.“We recognize this has been confusing and disruptive during an already busy holiday season,” Target CEO Gregg Steinhafel said in a statement. “Our guests’ trust is our top priority at Target and we are committed to making this right.”He noted that the breach didn’t affect everyone who swiped their card during the more than two weeks its systems were compromised.“In fact, in other similar situations, there are typically low levels of actual fraud,” Steinhafel said.Target has not said how the breach occurred or how long it knew about the breach before eliminating the problem.The U.S. Secret Service is reportedly investigating the incident.Long Island is home to 14 Target stores, four in Nassau County—Hicksville, Levittwon, Valley Stream, Westbury—and 10 in Suffolk—Bay Shore, Central Islip, two in Commack, Copiague, Farmingdale, Huntington Station, Medford, Riverhead, South Setauket.
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A 28-year-old Queens man was killed when he crashed his vehicle into a truck on the Long Island Expressway in Brentwood over the weekend.Suffolk County police said Sergio Vargas was driving a Cadillac eastbound on Route 495 when he rear-ended a tractor trailer, causing it to overturn at 5:10 a.m. Saturday.The victim was pronounced dead at the scene. His passenger, 28-year-old Sasha Adams of Bellport, was airlifted to Stony Brook University Hospital for treatment of her injuries. The other driver was treated for minor injuries.Third Squad detectives impounded Cadillac, are continuing the investigation and ask anyone with information on this crash to call them at 631-854-8352.
Jul 21, 2006 (CIDRAP News) – The Food and Drug Administration (FDA) has created a new position that involves directing the evaluation of products for emerging and pandemic disease threats and has named veteran staff member Mark Goldberger, MD, MPH, to fill it.Goldberger has been appointed “medical director for emerging and pandemic disease threats” in the FDA’s Center for Biologics Evaluation and Research (CBER), the agency announced yesterday.”Dr. Goldberger will serve as a Senior Advisor for CBER’s pandemic flu program to plan, coordinate and implement activities related to the development and evaluation of products for emerging and pandemic threats,” the FDA said in a news release.On the FDA staff since 1989, Goldberger currently directs the Office of Antimicrobial Products in the Center for Drug Evaluation and Research, officials said. He “has been at the forefront of combating other emerging infectious diseases, and we are grateful he has agreed once more to help tackle another monumental challenge, preparing for pandemic influenza and other future threats,” said Acting FDA Commissioner Andrew von Eschenbach, MD.Goldberger earned his medical degree and did his residency and an infectious diseases fellowship at Columbia University, where he also taught for 10 years. At the Centers for Disease Control and Prevention he served as an Epidemic Intelligence Service officer, investigating outbreaks and studying Guillian-Barre syndrome associated with swine flu vaccine.He will begin meeting with CBER staff members over the next few weeks and will join the center full time at the end of August.See also:Jul 20 FDA news releasehttp://www.fda.gov/bbs/topics/NEWS/2006/NEW01413.html
“We’ll consider it. I think it’s unlikely at the end of the day that, if we start late, we would stop for the Olympics,” Silver told NBA TV.”It’s not just a function of stopping for the period in which they are competing over in Tokyo, they require a training camp and then they require rest afterwards.”Since professional players were allowed to compete at the Olympics, beginning with the 1992 Games in Barcelona, the United States has won six out of seven gold medals with star-studded squads made up primarily of NBA players.With more than 100 international players in the NBA, Silver added that he also had concerns for other countries – some of which have yet to qualify for the Olympics and will be competing in qualifiers next year.”There are so many incredible players, beginning with the USA team, we’ll be able to field a very competitive team,” Silver said.”I’m a bit worried about some of the international teams, because some of their stars play in our league and their absence would make a huge difference for those national teams.”I’d only say these are such extraordinary circumstances that, even if we set out to plan for the Olympics, how can they even know what the world is going to be like next summer and whether they can go forward?”Topics : The NBA is not likely to have a break next season when the postponed Olympics are held, league commissioner Adam Silver said, casting doubt on the availability of NBA players at the Tokyo Games.The Olympics were postponed by a year, to July 23-Aug. 8 next year, because of the novel coronavirus, which also led to the NBA season being suspended, leading to a delay in the start of the new season and the conflict in schedules.The NBA season usually runs from October to June but with the 2019-20 Finals series now finishing this month, the new season is expected to begin in January with plans for the usual 82-game campaign and playoffs to follow.
The European private debt industry has expanded again this year in terms of total assets, despite lower fundraising levels than last year, according to new data.Alternatives firm Preqin released new figures for the sector showing that Europe-focused private debt assets had reached $200bn (€178bn) so far this year. The industry was set to expand further as it benefited from being less crowded than its North American counterpart, the data firm said.The number of active private debt investors targeting Europe has risen to 1,755 so far this year, up from 1,515 in the whole of 2017, according to Preqin’s new data.Last year was a record-breaking year for private debt fundraising, Preqin said, with 56 funds closing having raised $45bn. Total Europe-focused private debt assets under management were higher in the year so far than for the whole of the previous year, rising to $200bn, up from $188bn in 2017.Tom Carr, head of private debt at Preqin, said: “Europe is of abiding interest to private debt investors and fund managers alike – although it is a developed credit market with lots of opportunities for investment, it is not as saturated with industry participants as the North American market.”He said this had created the ideal circumstances for growth in the sector that did not seem likely to recede anytime soon.“With the majority of investors citing Europe as a continued area of interest, we can expect to see capital keep flowing to the region in the coming months,” he said.Of the $200bn of total private debt assets, Preqin said $126bn was unrealised value and $74bn was dry powder.Direct lending assets accounted for almost half of all Europe-focused private debt assets under management as at November 2018, the data showed, totalling $97bn.This was followed by distressed debt with $48bn under management, mezzanine at $32bn and special situations at $23bn.Venture debt, meanwhile, accounted for $1bn of assets under management. So far in 2018, 35 Europe-focused private debt vehicles have closed, raising $27bn.