New Technologies

Re: Internet

Postby winston » Fri Jun 05, 2015 7:08 am

Hadoop

If you think Hadoop sounds like it might be a kid's toy, you're on the right track.

In 2005, independent coder Doug Cutting and computer scientist Mike Cafarella laid the groundwork for this open-source software platform. Cutting named it after his son's stuffed elephant.

Hadoop is one of those technologies that can be very difficult to explain to mainstream tech industry investors. Luckily, we don't have to understand how Hadoop works – only what it does.

Essentially, Hadoop allows its users – mostly corporations and other large enterprises – to store much, much larger and many, many more data files on a server or network than was previously possible. Hadoop basically erases previous data-storage restraints.

And that makes this open-source technology a Big Data "enabler."

Of course, that requires me to define another term. Big Data refers to the vast amounts of raw, unstructured data too complex to be organized or analyzed by traditional computer applications.

Big Data's uses are nearly endless. Companies who've managed to wrangle it have used it to create super-effective recommendation engines… calculate charging thresholds… track and find treatments for disease outbreaks…

Because of its ability to crunch and store huge amounts of data, since its official launch in 2011, Hadoop has become the platform with which businesses manage and store their data.

As such, it underpins the massive operations of such web leaders as Facebook Inc. (Nasdaq: FB), Twitter Inc. (NYSE: TWTR), and eBay Inc. (Nasdaq: EBAY).

Hadoop may be open source, meaning it's free for anyone to use, but there is still lots of money to be made from it. It's not simple to use "out of the box," so Big Data users need someone to package, manage, and monitor their Hadoop functions.

No wonder it's such a fast-growing sector. MarketsandMarkets estimates Hadoop-related sales came in at just $1.5 billion back in 2012. But by 2017, that figure is expected to rise to $13.9 billion, for a compound annual growth rate of 54.9%.

That puts it at the leading edge of the much larger Big Data market. Big Data is itself being driven by the dizzying speeds at which the digital universe is growing. Ninety percent of the information now on the Internet was created in just the last two years.

CSC projects that by 2020 the world will have 44 times as much data as existed in 2009. And according to IDC, the overall Big Data market is growing at 27% a year and will hit $32 billion by the end of 2017.

Source: Money Morning
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Re: Internet

Postby winston » Fri Jun 05, 2015 7:09 am

Software as a Service

To understand software as a service (SaaS), let's compare it to the way software used to be distributed.

At the dawn of the personal computer in the 1970s, software – word processors, spreadsheets, games, etc. – was sold and distributed through physical media. Cassette tapes arrived in the mid-'70s, and since then we've seen floppy disks, CDs, and flash drives.

But in a seismic shift that started at the end of the 2000s, we began purchasing and receiving software via the web. Instead of going to ComputerLand or CompUSA to drop hundreds of dollars on a shrink-wrapped box of discs, businesses and increasingly consumers now "rent" their software and access it via the web (the so-called "Cloud").

That's SaaS.

And it's rapidly becoming mainstream. Just the other day, my chiropractor updated her healthcare management software. And instead of spending more than $10,000 up front, she's paying a relatively low monthly subscription fee for the same package as a SaaS.

SaaS is a leading category in a broader market known as "cloud computing." Forrester Research estimates business spending on cloud services at $72 billion last year, a figure that will triple to $229 billion by 2020.

Source: Money Morning
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Re: Internet

Postby winston » Fri Jun 05, 2015 7:16 am

MEMS

While there are plenty of clunky tech-related acronyms out there, MEMS, to me at least, is downright melodious to my ears and wallet.

We'll see 1 trillion MEMS used throughout the world in just a few years. And in the longer term, these highly advanced and critically important sensors are fueling a potential $7 trillion industry.

MEMS stands for microelectromechanical systems.

MEMS combine mechanical systems (levers, springs, membranes) with electrical systems (semiconductors) in very, very tiny packages. And you'll find them wherever technology needs to keep operating during movement or needs to measure something like noise or temperature.

MEMS are helping to drive the still-growing mobile computing sector and the rapidly expanding Internet of Everything (IoE).

In the mobile sector, Apple Inc. (Nasdaq: AAPL) put MEMS on the map back in 2007 with the launch of the runaway hit iPhone. Thanks to accelerometer and gyroscope MEMS, the screens on your smartphone and tablet rotate when you move the device – and you don't lose everything if you accidentally drop your phone.

The microphone in your smartphone is also a MEMS.

In the IoE, MEMS will sense and measure the surroundings of all manner of "things." I'm talking about oilfields, connected cars, thermostats, factory robots, forklifts… all "talking" to each other. And then those "things" will use that data to help the businesses that own them slash costs and make productivity soar.

The IoE has massive long-term potential. Networking giant Cisco Systems Inc. (Nasdaq: CSCO), for one, believes the IoE will be worth $14 trillion in short order.

With so many trillions of dollars up for grabs – in MEMS, in SaaS, in Hadoop, and in gigabit Internet – it will pay off to learn all you can about the sectors these four Moneymaking Tech Terms represent.

After all, the road to wealth is paved with tech.

And as anyone who's traveled overseas will tell you, the journey's a lot more enjoyable when you speak the language.


Source: Money Morning
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Re: Internet

Postby winston » Fri Jun 05, 2015 8:46 pm

This Massive Trend Is About to Change Your Everyday Life... By Paul Mampilly

Imagine walking into a restaurant and the waiter already knows what you're going to order…

Or walking into a Starbucks and your pumpkin-spice latte is waiting for you already… Or shopping for a new pair of pants online and the website shows you only the items in your size with the colors and styles you like.

The world I'm describing is custom-made for you. And it isn't science fiction. It's all part of an emerging trend called "Big Data," which allows for the storage of incredible amounts of data on computers… like what songs you're listening to, what stores you shop in, and more.

Over time, this huge amount of data can accurately predict behavior in things, like what consumers are interested in buying. And when you can predict these things, you can anticipate customers' needs before they even know them.

Here's how it works…

Information scientists create programs and algorithms to crawl through data around the clock with the intention of figuring out your preferences. Over time – and with more data – these programs and algorithms learn more about you and what you like. One day soon, you'll be able to automate your decisions… including what to eat and drink, what clothes to wear, and what you'll do on the weekend.

We can see early signs of Big Data already. When you browse the Internet, you see ads tailored to things you have searched for or purchased. Imagine that type of experience in the world around us… Soon, your decisions will be made for you. That's the future I envision. And if I'm right, it means certain companies will be making billions of dollars off it.

Companies investing heavily in Big Data include well-known blue-chip companies like IBM, which has a product called Watson. Watson is a computer that uses Big Data to answer questions. IBM has already signed a deal to integrate Watson with Apple's new smart watch.

One industry set to benefit greatly from the growth of Big Data (and Watson) is health care…

In 2013, the U.S. spent $2.9 trillion on health care… nearly $10,000 per person. Research suggests that as much as one-third of that spending is wasteful and, worse, potentially harmful to patients.

Sure enough, IBM is collaborating with health care giant Johnson & Johnson's knee- and hip-implant division. And IBM is working with Medtronic to connect heart devices, diabetes pumps, and other medical devices. I could go on…

But the big question is: "How do we profit?"

You could buy shares of IBM to gain exposure to this long-term megatrend. But I prefer the idea of speculating through smaller companies like Splunk, Tableau Software, Infoblox, and Neustar, which are working to create cutting-edge applications using Big Data.

Even among professional investors, these early stage businesses are typically viewed as risky bets. But if you know what you're doing, you can eliminate much of your risk (as I discussed in this essay)… and set yourself up for hundreds-of-percent returns.

Whichever strategy suits you, the Big Data trend is going to change your life… and soon. Don't miss out.

Source: Professional Speculator
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Re: New Technologies

Postby winston » Sat Jun 06, 2015 8:33 am

3 Stocks to Buy to Play the Internet of Things

These 3 stocks are perfectly positioned for massive IoT growth

By Greg Gambone

Source: InvestorPlace

http://investorplace.com/2015/06/intern ... XI8tdKqqko
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Re: New Technologies

Postby winston » Tue Sep 22, 2015 7:54 am

Now you see it, now you don't: invisibility cloak nears reality

BY WILL DUNHAM

http://www.reuters.com/article/2015/09/ ... EnoughNews
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Re: New Technologies

Postby winston » Wed Oct 21, 2015 9:12 pm

3 New Technologies That Could Change the Way We Live

By Arleen Richards

Source: Epoch Times

http://www.theepochtimes.com/n3/1881611 ... campaign=7
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Re: New Technologies

Postby winston » Sat Nov 28, 2015 6:29 pm

Li-Fi Is 100 Times Faster Than Wi-Fi In Field Tests

Source: RTT

http://www.rttnews.com/2585057/li-fi-is ... tests.aspx
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Re: New Technologies

Postby winston » Thu Dec 03, 2015 7:05 am

This new technology is going to replace Wi-Fi… with light

What if we could use existing technologies to provide Internet access to the more than 4 billion people living in places where the infrastructure can’t support it?

Using off-the-shelf LEDs and solar cells, Harald Haas and his team have pioneered a new technology that transmits data using light, and it may just be the key to bridging the digital divide.

Take a look at what the future of the Internet could look like…

Source: TED

http://thecrux.com/forget-wi-fi-meet-th ... -internet/
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Re: New Technologies

Postby winston » Wed Jan 06, 2016 8:41 pm

Plastics of the Future May Be Made From Sulfur, Not Oil, Putting Waste to Good Use

By Charles Dunnill and Joseph C. Bear

Source: Epoch Times

http://www.theepochtimes.com/n3/1933903 ... campaign=7
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