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Tonic is betting that synthetic data is the new big data to solve scalability and security

TechCrunch

Big data is a sham. There is just one problem with big data though: it’s honking huge. Processing petabytes of data to generate business insights is expensive and time consuming. Processing petabytes of data to generate business insights is expensive and time consuming. What should a company do?

Big Data 267
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It's time to establish big data standards

O'Reilly Media - Data

The deployment of big data tools is being held back by the lack of standards in a number of growth areas. Technologies for streaming, storing, and querying big data have matured to the point where the computer industry can usefully establish standards. The main standard with some applicability to big data is ANSI SQL.

Big Data 193
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Report: Klaviyo to IPO later this year

TechCrunch

The Wall Street Journal reports that Klaviyo , the Boston-based marketing automation startup that has raised more than $775 million, is going to pull the trigger later this year. Klaviyo joined the trend when it laid off 140 employees last month, as TechCrunch reported. That could be about to change.

Report 236
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10 most in-demand enterprise IT skills

CIO

Indeeds 2024 Insights report analyzed the technology platforms most frequently listed in job ads on its site to uncover which tools, software, and programming languages are the most in-demand for job openings today. Its a skill common with data analysts, business intelligence professionals, and business analysts.

UI/UX 203
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As extreme weather events worsen, 7Analytics meshes AI and big data to predict flooding

TechCrunch

Recent data from reinsurance company Swiss Re suggests that extreme global weather events cost insurers $101 billion last year , apparently only the third time since 1970 this figure has surpassed $100 billion. And Hurricane Ida alone reportedly caused at least $50 billion in damages , depending on what figures we’re to believe.

Big Data 233
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Reporting cybersecurity posture and systemic risk to the board

CIO

A 2024 PwC report found that 49% of directors see cybersecurity as a significant oversight challenge ( “Overseeing cyber risk: the board’s role,” PwC, January 2024). This should be no surprise since the global average cost of a data breach is $4.88 This is the essence of cybersecurity posture reporting.

Security 199
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IT leaders: What’s the gameplan as tech badly outpaces talent?

CIO

But 76% of respondents say theres a severe shortage of personnel skilled in AI at their organization, according to the August report. In a November report by HR consultancy Randstad, based on a survey of 12,000 people and 3 million job profiles, demand for AI skills has increased five-fold between 2023 and 2024.