Banks and large financial institutions are “where rubber meets the road in terms of Hadoop adoption,” says WANdisco Chairman and CEO David Richards. He explained that the technology investment is easily justifiable because, according to customer experiences, Hadoop allows them to cut down half of their traditional storage infrastructure and save a half billion ...

Traditional warehouse installations are struggling with data volumes and velocity. They are expensive and inflexible, said Jeff Kelly, Principal Research Analyst at Wikibon.org.  According to data management practitioners, warehouse technicians and data scientists surveyed by Wikibon, organizations are currently looking at new, emerging methods of analyzing, storing and processing data. These businesses are anxious to ...

DevOps requires organizations to have everyone “bought into the culture,” keeping them focused on the same goals, and being inclusive throughout the different departments, according to Dave Fiveash. The Global Market & Counterparty Risk Support Manager at Banque Nationale de Paris (BNP) Paribas said that the DevOps challenge is more pressing in today’s IT departments ...

  Currently undergoing a massive transformation into a data services company, CenturyLink turns to data management solutions from Splunk, Inc. The third largest telecom in the USA, CenturyLink uses Splunk to “break down data silos very easily,” explained Matt Olson, the company’s principal architect. Initially using Splunk for simple long parsing and operational tasks, CenturyLink quickly realized ...

  The crowdsourcing model is critical to every software business today, according to one Big Data executive. That is why Splunk Inc. focuses on increasing the quality of contributed content from customers and partners. Splunk’s Chief Strategy Officer Stephen Sorkin said that contributed applications were important for two main reasons – Splunkers have limited time dedicated to ...

  “The way we interact with data will be driven by search,” said Splunk Inc. Chief Technology Officer, Todd Papaioannou. Splunk relies on search to extract value from unstructured data, being what Papaioannou referred to as “the next-gen data fabric of unstructured data.” In a live interview from the annual Splunk conference with theCUBE co-hosts Jeff ...

  From spreadsheet hell and complicated data relationships to speedy and actionable data, New York Air Brake Corp. details how it uses Splunk, Inc. products to solve its data management problems.  For starters, Splunk enables New York Air Brake to to save its customers $1 billion each year, primarily from fuel savings. Greg Hrebek, Director of Engineering for New ...

  Splunk Inc.’s biggest chunk of licensing revenue comes from existing customers. Challenging traditional models where existing customers pay for maintenance, Splunk’s revenue is generated because customers typically start small and then sign on for significant upgrades. Within this business model, “it’s critical for customers to have a great experience,” explained Steve Sommer, the company’s senior ...

  Splunk turned the world of data upside down by adopting a store first and structure later model, a critical advantage, according to the company’s Senior Vice President of Products Guido Schroeder. “Every successful technology company had something in it that really defined a ten times advantage over what everyone else had,” he boasted during ...

Open source has already won the enterprise, and we’ll continue to see use cases expanding into new environments, according to Red Hat, Inc. CIO Lee Congdon. During a live interview at this week’s Splunk conference, Congdon explains the reasons behind open source’s enterprise victory. he feels open source is best suited for the enterprise, highlighting ...