June 2018 Summaries

Geoanalytics is the correlation between data and its physical location, allowing for more insights on dynamic pricing and operational efficiency. handytec, an Ecuadorian company, has created a cloud-based geoanalytics platform called helio.geo, which works with cutting-edge technologies to help companies analyze their data and make strategic decisions. The platform uses SingleStore to securely store large datasets with geospatial information and query them efficiently. It is used in various sectors such as retail, insurance, and banking, where it helps predict demand, identify potential risk, and estimate credit risk. With helio.geo, companies can gain a better understanding of their data and make informed decisions to achieve their strategic objectives.

Large companies are increasingly bringing smaller technology vendors into their stack to stay ahead of new technologies, recruit top talent, balance with megavendors, and drive company-specific needs. By diversifying their technology portfolio, large companies can inject new innovation, attract top technical talent, and leverage the benefits of newer tools and approaches that may not be available from established vendors. This approach allows large companies to balance their spending with megavendors while fostering a competitive marketplace and ensuring they receive products and solutions at market rates. Additionally, smaller suppliers provide opportunities for large companies to influence product roadmaps and meet specific needs, ultimately driving efficiency and competitiveness in technology solutions.

The Spark+AI Conference in San Francisco is a premier event covering all aspects of Apache Spark, with a focus on unifying data and AI. This year's conference features sessions on stateful stream processing, operationalizing machine learning pipelines for production, and leveraging real-time data for model training. Additionally, there will be talks on optimizing Apache Spark throughput using Intel Optane and Intel Memory Drive Technology, as well as a discussion on the SingleStore database for real-time insights with Apache Spark.