Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    big data analytics in transporation
    Turning Data Into Decisions: How Analytics Improves Transportation Strategy
    3 Min Read
    sales and data analytics
    How Data Analytics Improves Lead Management and Sales Results
    9 Min Read
    data analytics and truck accident claims
    How Data Analytics Reduces Truck Accidents and Speeds Up Claims
    7 Min Read
    predictive analytics for interior designers
    Interior Designers Boost Profits with Predictive Analytics
    8 Min Read
    image fx (67)
    Improving LinkedIn Ad Strategies with Data Analytics
    9 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Prototyping Cloud Analytic Applications
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Business Intelligence > Prototyping Cloud Analytic Applications
Business Intelligence

Prototyping Cloud Analytic Applications

Editor SDC
Editor SDC
4 Min Read
SHARE

Cloud computing is changing the way that companies build and deploy their analytic solutions. With cloud computing, computing is available on demand, scales elastically, and can be self-provisioned. This flexibility sometimes requires developing new analytic infrastructure and new analytic algorithms, which, in turn, requires some experimenting. This process can usually benefit from an external perspective.

Cloud computing is changing the way that companies build and deploy their analytic solutions. With cloud computing, computing is available on demand, scales elastically, and can be self-provisioned. This flexibility sometimes requires developing new analytic infrastructure and new analytic algorithms, which, in turn, requires some experimenting. This process can usually benefit from an external perspective.

The fastest way forward is to use a public cloud, external experts, and to do some quick experiments and prototyping. At this point, for many companies, there is a problem. It is quite common these days for companies to have policies that prohibit placing proprietary data, or data that contains information that can identify customers, on public clouds. Providing access to this data to third parties is also usually quite difficult.

More Read

Musk vs Zuckerberg
Musk vs. Zuckerberg: Who’s Right About AI?
In a Petabyte Age, Is Understanding Passé?
You Say Tomato, I Say Protocol
Highlights from Teradata Partners 2010
Using Social Monitoring to uncover the Analytics of Geolocation –

One practical approach is to replace actual data with simulated data, and, instead of using public clouds, to use instead private clouds operated by third parties. This requires using data simulators that produce realistic data. For example, large data is rarely normally distributed, but more often follows power laws or similar types of distributions.

As a reminder, a private cloud is a cloud that is used exclusively by a single organization. It may be managed by the organization or by a third party; and, it may exist on premise (an in-house private cloud) or off premise (a third-party private cloud). In contrast, in a public cloud, the cloud infrastructure is made available to the general public, or a large group, and is owned by an organization selling cloud services (a cloud service provider). In this post, we assume that private third party clouds are also single tenant clouds; that is, only one client’s data is on the cloud at a time and the cloud is sanitized between use by different clients.

In more detail, one approach for moving your analytics to clouds is:

  • use simulated data following realistic simulations, instead of actual data;
  • supplement in-house expertise with third party experts who specialize in analytics and cloud computing;
  • use third party private clouds instead of public clouds to decrease risk or perceived risk;
  • experiment with different analytic approaches and different analytic infrastructures;
  • agree on APIs up front and transfer technology by transferring code that uses these APIs.

We have found this approach works well. We would be interested in hearing your experiences.

Full disclosure: Open data operates private clouds, has developed software that provides simulated data for a variety of industries, including financial services, and provides consulting services using simulated data on private clouds so that companies can rapidly explore the use of cloud computing to develop innovative cloud computing applications, especially analytic applications.

TAGGED:cloud computing
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

AI role in medical industry
The Role Of AI In Transforming Medical Manufacturing
Artificial Intelligence Exclusive
b2b sales
Unseen Barriers: Identifying Bottlenecks In B2B Sales
Business Rules Exclusive Infographic
data intelligence in healthcare
How Data Is Powering Real-Time Intelligence in Health Systems
Big Data Exclusive
intersection of data
The Intersection of Data and Empathy in Modern Support Careers
Big Data Exclusive

Stay Connected

1.2kFollowersLike
33.7kFollowersFollow
222FollowersPin

You Might also Like

Want Magic? Spill the Secrets of Your Black Box

4 Min Read
hybrid cloud usage
Cloud Computing

Proven Strategies for Utilizing A Hybrid Cloud To Revolutionize Your Business

6 Min Read

Google Apps Even More Powerful Now

5 Min Read
transitioning to cloud computing
Cloud ComputingExclusiveIT

Reasons For Transitioning To Cloud Computing In 2020

5 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?