Emerging tech
EDGE COMPUTING – KEY TRENDS
As per research by Grand View Research, the global edge computing market, comprising hardware, software, service and edge-managed platforms, is expected to grow @54% CAGR to cross $28 billion by 2025. North America has the largest market share; however, APAC region is the fastest growing. India too is emerging as a hub for edge services delivery: edge CDNs (content delivery networks) being set up; AWS recently added two edge locations in India. Reliance Jio has also entered the edge CDN space for enhancing video experience. Many of the integrated technology players have built/are in the process of building an edge business as part of their service/product offerings. Currently, edge computing does not feature as an independent revenue stream for most. It is a component of an integrated solu...
EDGE COMPUTING – WHAT IS IT?
Current conventional devices and sensors are designed to collect data from machines and other equipment and back-haul this to the central cloud or a datacenter where the data is analysed and the results sent back to the machines/equipment, based on which a decision is taken. The deal with such an arrangement is that it takes a bit of time to receive the results. The delay can be anywhere between a few seconds and a few minutes and also depends on where the central datacenter/cloud is physically located. This also means that every bit of data collected has to be sent back to the cloud – putting a strain on storage resources. And all the data gathered must be filtered, sorted and analysed, thus requiring a lot of processing power. There are many situations where such delays can’t be afforded...
Qubole and Google Join Forces to Deliver Unified User Experience for Apache Spark and Hadoop
I’m very excited to announce our expanded partnership with Google Cloud Platform (GCP). We have joined forces to offer an enterprise self-service data platform powered by optimized versions of Apache Spark and Hadoop, with unified tools for data science and data engineering running on GCP. Why Now? My cofounder Joydeep and I have always felt strongly that the future of big data is on the cloud. As a result, we created a platform with the flexibility to use the technologies and frameworks that best fit your environment today as well as how that environment will look tomorrow. In recent years we’ve seen not only the expansion of cloud usage but also a discernible shift toward a multi-cloud world where customers demand choice. We recognize that Google Cloud offers a compelling choice for cust...
Building successful Microservices architecture on the back of Agile SDLC
From huge, clunky supercomputers used for the most basic calculations to smartphones that compete with the fastest laptops, technology has truly transformed the way software development is looked at. Much of this change is attributed to evolving customer expectations, as convenience takes centre stage today. Modern software, thus, needs to be developed in a manner that it stands the test of time, while also ensuring customer experiences that are efficient, reliable and lightning-fast. As more and more enterprises embrace agility, new age infrastructure will have to be built keeping these consumer needs in mind. When we talk about modernized infrastructure, one terminology that has been making the rounds within software developers is microservices (MSA). It’s long surpassed the ‘buzzword’ s...
Industry 4.0 & Role of Additive Manufacturing/3D Printing
The transition to new manufacturing processes which had started in Europe and now termed as the First Industrial Revolution, has paved the way to fuse the physical, digital and biological worlds through a range of emerging technologies. This is under the paradigm of the Fourth Industrial Revolution which is fundamentally different, connecting masses to digital networks and significantly improving the efficiency of organisations across industries. The fourth industrial revolution or Industry 4.0 is the recent progress on intelligent automation technology and utilisation of modern manufacturing processes. Industry 4.0 aims to build smart factories through the convergence of cyber and physical systems. Additive manufacturing (AM) is one of the vital components of Industry 4.0, which helps to ...
Edge Computing: Towards A More Distributed Future
Edge computing is a rapidly emerging area of interest for companies in the ER&D, IoT, telecom, networking and cloud/datacenter sectors. Edge computing is an extension of IoT – devices that have smart capabilities (AI/ML, analytics, etc.) that can process data at the source of the data itself. This ability helps in reducing latency, optimizing cloud storage & processing, reducing data transmission costs and these devices are able to function independent of network & internet connectivity. The global market for edge computing is growing at a CAGR of 54% (2018-2025) and keeping in mind the potential of this segment for India’s tech sector, NASSCOM Research (@NasscomR) decided to work on a whitepaper with two objectives in mind: Primer on What is edge computing?: An attempt to give...
How Artificial Intelligence Will Shape Business Intelligence In 2020
Artificial Intelligence has emerged as one of the most disruptive technologies. From connecting us with the nearest drive and making our homes smarter to helping businesses automate and streamline their processes, Artificial Intelligence has penetrated deep into all aspects of life. In fact, just the other day, I was having a conversation with Gaurav about the Gartner IT Symposium and Xpo in Australia. He was reciting his experience and how a majority of the big shots of the industry are certain that Artificial Intelligence would have a major impact on Business Intelligence in the coming three-four years; substantial impact to be visible in 2020 itself. I couldn’t help but dig deeper into the impact of Artificial Intelligence on Business Intelligence solutions. Businesses have changed dras...
SupTech: Is AI Ready For Regulators?
Technology advancements in ML, AI and Big Data has led to further enhancement of supervisory processes, introducing SupTech. But is it the right time to embrace it and is it ready for adoption? Read more to understand the benefits of AI IN SupTech and how it can streamline regulations for the industry. While financial institutions are embracing new technology innovations in the FinTech / RegTech space, 2019 is seeing the emergence of Supervisory Technology (SupTech). SupTech is maturing to ensure more robust safeguards and frameworks for enabling advancements in technology like Artificial Intelligence (AI) and Machine Learning (ML) to be used for regulatory supervision. SupTech: Why Is It Necessary? Supervisory Technology or SupTech encompass technology innovation designed to tackle challe...
Intel vs. AMD: Comparing Instance Types for Big Data Workloads
Recently AWS announced support for instances running AMD Epyc processors. While the new instances are 10 percent cheaper, cost and performance are workload dependent. As the AWS announcement notes: “We recommend that you measure performance and cost on your own workloads when choosing your instance types.” This raises an obvious question: how do these instance types fare for the big data workloads that our customers run? To answer this question, we compared the performance of AMD and Intel instances using two sets of benchmarks common in the big data space: TeraGen and TeraSort for ETL workloads TPCDS for Data-Warehousing workloads The rest of the post goes into the details of the benchmark setup, results therefrom, and conclusions. Benchmark Setup All benchmarks were conducted using Apach...
Blockchain: A Technology Fad That’s Fading Away!
Despite the hype around Blockchain in the past few years, a 2018 Gartner survey indicates Blockchain adoption rates are still as low as 1%. Within that 1%, the doubt is how operationally effective and efficient it is. This blog also explores the inherent risks with Blockchain and therefore why Blockchain may not be the magic cure as it is made out to be! Blockchain is surely a fantastic technology as it has already been proven by cryptocurrency like Bitcoin. Cryptocurrency has been a trend since the Bitcoin prices soared suddenly in 2017, to reach an all-time high of $19,783 the same year.1 Ever since, Blockchain, which is the underlying technology of crypto has been the talk of the town. Various large global financial institutions were quick to analyze and explore various possibilities o...
