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Predictive Analytics Helping Insurers Spot Fraudulent Claims

Financial Services

As the digital age presents new security risks for the financial services industry, spotting fraudulent activity continues to be an increasingly complex and expensive issue for insurance companies.

According to the Insurance Information Institute, property/casualty fraud costs the U.S. insurance industry up to $32 billion each year. Read more…

Leveraging the Power of Simulation to Revolutionize Patient Care

Health & Life Sciences

There is no denying the disruptive impact of simulation on industries like automotive, aerospace, oil and gas, and industrial manufacturing. Given it’s proven effects on product development, operations, and the customer experience, it’s no surprise that simulation is now in widespread use in one of the most complex and critical industries of all – healthcare. Read more…

Empowering Geoscientists and Engineers with Real-Time Insight

Energy/Oil & Gas

The extraction of natural resources is one of the most critical, costly, and time-consuming endeavors in the oil and gas industry. But thanks to advancements in remote visualization and Big Data analytics, exploration success rates have improved significantly. Today, geoscientists and engineers are leveraging 3D modeling to effectively harness geodata in order to optimize the placement of wells, reduce production costs, and speed time to market. Read more…

Leveraging Multichannel Data to Improve the Shopping Experience

Media & Entertainment

In today’s retail marketplace, customers want it all – the convenience of shopping online from any location and the hands-on experience of browsing through a brick and mortar store. We recognize these preferences because retailers of all shapes and sizes are harnessing the power of Big Data to better understand customer behaviors in order to drive sales and increase satisfaction. Read more…

Machine Learning: No Longer the ‘Fine China’ of Analytics, HPE Says

Financial Services

Machine learning has become a core component of companies’ analytic initiatives and is no longer the “fine china” only brought out for special occasions, according to a manager with Hewlett-Packard Enterprise, which today announced that its Vertica analytics database now runs popular classes of machine learning algorithms. Read more…

Overclocking for Higher Trade Frequency

Financial Services

In the fast-paced world of high-frequency trading (HFT), shaving milliseconds off response times can yield millions of dollars in revenue. Today, computers are executing thousands of calculations per second, easily surpassing human capabilities. Financial institutions have a need for speed, deploying the fastest available hardware to mitigate latency between trader workstations and exchanges and to reach the highest possible clock speeds. Read more…

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Recent HPE Stories

Big Data Benchmark Gauges Hadoop Platforms

Jun 1, 2016

In another indication of a maturing technology and growing demand, an industry group has released a big data analytics benchmark designed to gauge the performance of Hadoop-based systems.

The Transaction Processing Performance Council said this week its TPCx-BB benchmark for big data analytics systems covers systems such as MapReduce, Apache Hive, Apache Spark and Machine Learning Library, or MLib. Read more…

How Intuit Personalizes TurboTax Experiences with Big Data

Apr 15, 2016

If you’re like millions of Americans who use TurboTax, you know how the program makes preparing your individual tax return easy—at least compared to actually reading and understanding the 70,000-page tax code. Read more…

HPE Doubles Down on Analytics, Machine Learning

Mar 10, 2016

Hewlett Packard Enterprise (NYSE: HPE) rolled out a new version of its enterprise search and analytics platform with an increased focus on unstructured data. In parallel, it unveiled a new cloud-based new machine learning service aimed at speeding development of enterprise and mobile data applications. Read more…

Hortonworks Splits ‘Core’ Hadoop from Extended Services

Mar 1, 2016

Hortonworks today announced a major change to the way it distributes its Hadoop software. Going forward, Hortonworks plans to update “core Hadoop” components like HDFS, MapReduce, and YARN just once a year in accordance with guidance from the Open Data Platform initiative (ODPi), while “extended services” Read more…

Hortonworks Overhauls Partner Program

Jan 14, 2016

Hortonworks today unveiled an overhauled business partner program that it says will make it easier for software vendors, consultants, and resellers to engage with the Hadoop distributor in the burgeoning market for big data solutions. Read more…

HP Updates Big Data Strategy

Aug 11, 2015

Hewlett-Packard fleshed out its big data strategy this week with the roll out of a new version of its analytics platform at a company event along with an “accelerator” program that would give developers access to APIs on its Haven big data platform at a discounted rate. Read more…

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