STAC (Securities Technology Analysis Center) recently released an "exploratory" benchmark for machine learning which it hopes will evolve into a firm benchmark or suite of benchmarking tools to compare the performance of machine learning and deep learning workflows for financial applications across systems. The new report, Toward Business-driven ML Benchmarks: An NLP example, examined performance on different Google cloud ... Full article Despite growing economic uncertainties, growth in investments and adoption of digital technologies such as AI, machine learning and cloid computing are expected to reach double digits in the coming year, according to an Economist Intelligence Unit survey commissioned by an IT services vendor. Fully 83 percent of companies surveyed by the Economist unit said they expect to increase digital investments ... Full article Quantum computing has lived so long in the future it’s taken on a futuristic life of its own, with a Gartner-style hype cycle that includes triggers of innovation, inflated expectations and – though a useful quantum system is still years away – anticipatory troughs of disillusionment. To wit, there’s Mikhail Dyakonov in the November IEEE Spectrum, who, even as ... Full article Tech company valuations and private equity funding rounds continue to soar as data become the keys to the realm and greater volumes are managed in the cloud. The latest example comes from cloud data manager Rubrik, which this week reported an eye-popping $261 million funding round led by new investor Bain Capital Ventures. Rubrik now claims a company valuation ... Full article Platform vendors are increasingly focused on computing at the network edge as those devices sweep up more unstructured data. The goal is to move computing resources closer to data sources to reduce latency and bandwidth usage. The latest example comes from Chinese AI leader Baidu, which this week rolled out an open-source computing platform aimed at developers seeking to ... Full article Weather prediction is a mercurial endeavor: the constant modeling and re-modeling of incredibly complex systems to a high degree of accuracy at a local level within short timespans. Now, IBM and The Weather Company (an IBM subsidiary) have announced a new weather model that promises “the most accurate local weather forecasts ever seen worldwide.” The IBM Global High-Resolution Atmospheric ... Full article The more companies spend on cloud resources, the greater the likelihood those investments will be wasted on excess and therefore idle capacity along with the overprovisioning of infrastructure services, according to cloud optimization study. The analysis by cloud resource management specialist ParkMyCloud estimates that enterprises will waste as much as $14.1 billion in cloud resources during 2019. Among the ... Full article If 2019 is anything like the previous year, there will be a renewed push for modernization in the data center to alleviate the management complexity, handle the scalability requirements and achieve an improved ROI. We will see storage systems improve to handle the rise in containerized environments, an uptick in software-defined storage solutions and a return to a tried-and-true ... Full article How do you know if an HPC system, particularly a larger-scale system, is well-suited for deep learning workloads? Today, that’s not an easy question to answer because there's no widely agreed-upon benchmark or reference architecture for comparing DL performance across systems. A group of researchers led by Tal Ben-Nun and Torsten Hoefler of ETH Zurich has set out to develop ... Full article Intel is showcasing a raft of new AI- and 5G-related products at the Consumer Electronics Show in Las Vegas this week, staging a launch event on the eve of the conference that covered a new version of its Nervana AI processor and a demonstration of the next-generation Xeon 10nm chip, scheduled for shipment later next year. The Nervana Neural ... Full article The broad category of data processing continued to generate the lion’s share of intellectual property claims in 2018, despite and overall decline in the number of U.S. patents last year, according to an annual survey. Patent tracker IFI CLAIMS Patent Services said the U.S. Patent and Trademark Office issued 308,853 utility patents in 2018, down 3.5 percent from the ... Full article Momentum around ARM’s breakout into mainstream computing continued today as Huawei unveiled what the Chinese tech giant touted is the industry’s highest performing ARM-based CPU, targeting big data, distributed storage and ARM-native application scenarios. Called Kunpeng 920, the Huawei-designed 7nm-process chip is based on the ARMv8 architecture license. At typical frequency, it scores more than 930 in the SPECint ... Full article Amid pre-holiday media speculation that Mellanox could be a Microsoft acquisition target, the networking powerhouse has announced that Doug Ahrens, formerly of GlobalLogic, has been named chief financial officer and SVP. Mellanox said Ahrens will manage worldwide financial operations and strategy, including planning and analysis, accounting, compliance, financial reporting and investor relations. Ahrens had been CFO at GlobalLogic, a ... Full article Among the featured speakers at the largest consumer electronics show next week in Las Vegas is the CEO of a a major enterprise IT vendor not generally associated with the whizzy world of gadgetry: Ginni Rometty, who also serves as IBM’s chairwoman and president. Rometty’s keynote at the Consumer Electronics Show (CES) on Tuesday (Jan. 8) illustrates how far ... Full article In our attention-deficit economy, organizations able to grab our attention end up winning. Companies that stand out are those that embrace an insight-driven ethos and build data-competent organizations. They do this by adopting a "deliberate data strategy" that follows these key principles: Love the problem, not the solution Inject intelligence into operations What Is the Attention Economy? In the ... Full article Networking equipment powerhouse Mellanox could be an acquisition target by Microsoft, according to a published report in the Israeli financial publication TheMarker. Microsoft has reportedly gone so far as to engage Goldman Sachs to handle negotiations with Mellanox. The maker of InfiniBand and Ethernet interconnect and other equipment for servers and storage reported record revenues of $279.2 million for ... Full article Years ago, the future was much more opaque. Now, it’s tangible, visible, it’s rising up all around us. A favorite quote from 2018: “I don’t predict the future, I observe it” (futurist Gerd Leonhard). That’s the thing: you can see it taking shape, seemingly in real time. The future, of course, is AI in all its aspects. AI is ... Full article Graphcore, the U.K. AI chip developer, has attracted more investors as it rolls out its intelligent processing unit to enterprise datacenters and cloud services providers. The GPU rival reported this week it has closed a $200 million funding round led by the London-based venture firm Atomico and other existing investors. New investors included automaker BMW and Microsoft, who join ... Full article The unclogging of datacenter networks is taking a decidedly open approach that is permeating down to the level of network operating systems and high-capacity optical switches. The latest example of this trend is a deal between networking software specialist Cumulus Networks and FS.COM Inc., a datacenter communications integrator. The partners said this week that FS would integrate a Linux-based ... Full article Managing the modern customer experience today means most businesses are implementing, or at least investigating, an automated, digital, workforce. Since coming to market almost a decade ago, RPA (robotic process automation) has become more than just the automation of repetitive tasks and legacy applications. An enterprise-level RPA platform supercharges digital transformation by acting as the processing constant between the ... Full article Just in time for the holidays, cloud rivals are fighting like cats and dogs over one of the biggest ever federal IT contracts. The ... STAC (Securities Technology Analysis Center) recently released an "exploratory" benchmark for machine learning which it hopes will evolve into a firm benchmark or suite ... SUNNYVALE, Calif., Oct. 19, 2018 -- Checkbook announces how digitizing checks and streamlining bill pay is helping its CPA, accountant and bookkeeping customers save time and ... SAN MATEO, Calif., Oct. 19, 2018 — Incorta, a hyperconverged analytics software company, has announced $15 million in funding by M12, Microsoft’s venture fund (formerly ... Oct. 19, 2018 -- BT has announced the launch of a new service to provide organisations with simple, direct and fast access to Google Cloud ...
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