Solix Empower Bangalore 2017

Big Data, Business, CIO, Common Data Platform, Solix EMPOWER Comments Off on Solix Empower Bangalore 2017

I am excited to announce Solix EMPOWER Bangalore 2017 on April 28 — the largest Big Data conference, the Asia Pacific region has ever seen. At Bangalore, Solix will further our mission of empowering enterprises to monetize data effectively, efficiently and safely to become truly data driven.

Working in partnership with ETCIO.com — an initiative of The Economic Times — the Bangalore conference features an impressive array of demonstrations, trainings and speakers. At Solix EMPOWER we will delve into ABC (Analytics, Big Data and Cloud technologies) and offer access to the leading experts and vendors. Attendees will have access to three tracks: business, technology and training. We will also have a pavilion where partners and vendors will offer demonstrations on the latest Big Data technologies.

As we prepare for the event, our speaker list and panels continue to grow. We have more than 20 panels on the business and technical tracks. Panels will include discussions on the data lake, data archiving, data security, machine learning, and cognitive computing. We will take deep dives into the worlds of banking and financial services and health care — industries where data has huge potential for both opportunities and disruption. Joining Solix will be some of the brightest minds from leading U.S. universities, including the UC Berkeley, UC Davis, and Northeastern University.

Thanks to our partnership with ETCIO.com, the conference will be attended by more than 150 CXOs, offering unparalleled networking opportunities. We will also feature demonstrations and presentations on the Solix Big Data Suite and Solix Common Data Platform, which we believe is the foundation to enable a data driven Enterprise.

Cloudera, Hortonworks, MapR and several other organizations will be participating in the training track, offering training on the latest Apache projects, analytics and more. Solix EMPOWER Bangalore is, simply, the best opportunity to train on the latest Apache projects.

Solix EMPOWER San Jose 2016 was a wonderful success. With Solix EMPOWER Bangalore 2017, we are building on that success to deliver even more opportunities to transform enterprises into truly data driven organizations. This one-day conference is a cannot-miss event for organizations working with or interested in using Big Data technologies, located in APAC or ME region.

To learn more and to register visit http://www.solixempower.com. Register early, as space will go quickly. Use code SOLIX50 to get a 50 percent discount on early registration. Group and student pricing is also available, as are a limited amount of FREE registrations, which give access to the pavilion and business track.

Solix Empower Conference Invite

Big Data, Common Data Platform, Data Management, Enterprise Applications, Solix EMPOWER No Comments »

You're invited to Solix EMPOWER

When I look back at when we started Solix, I can’t help but marvel at how much has changed. When we began this journey, ERP databases hovered around few TB, now they are in hundreds. Data security, at that time, meant protecting copies of production data for testing, training and quality control, all that was targeted was to keep the copies of production data safe, while keeping capital costs down. Now, we must not only mask test copies of data, we must also be able to predict who is trying to steal the data.

Today, we’re in a time of great change. In the last decade the amount of data in the world has increased exponentially and is now well into the zettabytes. Data is coming at industries in greater volume, velocity and variety. Enterprises are relying on these massive amounts of data for BI and looking to mine with advanced analytics. The ERP and the Enterprise Data Warehouse are no longer sufficient to deal with this onslaught of data. Hadoop has emerged as the solution to deal with this petabyte scale level data. But, even it cannot address all of the challenges, it presents to the enterprises of today and who want to ensure they are also the enterprises of the future. Data has become the most important asset an organization can have in our increasingly digital world. The world is data driven and enterprises must be as well, or risk failure.

The Solix Common Data Platform brings the strengths of the Data Lake combined with Enterprise Archive with Information Governance. This can not only help in deep analytics, it can also span across the entire archive with this architecture. Fears of data swamps can be erased, and the stress of figuring out how to pay for Tier 1 storage evaporates because the CDP is built on commodity storage and commodity compute. Solix CDP makes the Data Lake truly enterprise ready for the first time and opens up vast possibilities for creating an advanced analytics platform.

At Solix, we are uniquely positioned to empower our customers to become data driven organizations. That is why we’ve announced our inaugural Solix EMPOWER conference, Sept. 18 at Northeastern University in San jose, California. Solix EMPOWER is an education and networking conference where we will bring together our own customers, analysts, industry experts and partners to discuss Analytics, Big Data and Cloud technologies. We’re thrilled with the lineup of speakers we’ve put together, which includes:

Herb Cunitz, President of Hortonworks.
Eli Collins, Chief Technologist at Cloudera.
Solomon Darwin, executive director of the UC Berkley Haas School of Business.
Jnan Dash, former Senior Executive at Oracle.
Rafiq Dossani, Economist and Educationist at RAND Corporation.

And many more, to see the full list of speakers and the developing agenda visit http://www.solixempower.com. The proceeds of every registration will also go to the Touch-A-Life Foundation, which benefits homeless high school students.

We’re excited about Solix EMPOWER, and the chance to explore together the possibilities for enterprises in our increasingly digital world. Please, register for the event at http://www.solixempower.com/registration/order/. We look forward to seeing you.

Introducing Solix Common Data Platform

Big Data, Common Data Platform, Data Management, Enterprise Applications Comments Off on Introducing Solix Common Data Platform

For companies to be data driven, they have to be able to process the new types of Enterprise data, be it social, IoT, machine data etc., and make real-time decisions. If companies do not evolve into data-driven organizations, they risk serious business disruption from competitors and startups.

Current Data warehouses are just not ready to be able to handle the volume, velocity and variety of this new data. New Data Lakes based on Apache Hadoop provide a low-cost answer to the problem of capturing this high volume structured/unstructured data using low-cost infrastructure and open source software. The Data Lake is a storage repository that holds a vast amount of raw data in its native format until it is needed, without imposing a data schema or requirements. When a business question arises, the data lake can be queried for relevant data, and a schema tailored to the question applied to that smaller set of data.

But, there has been significant opposition to this concept. According to Gartner, a Data Lake accepts any data, without oversight or governance. Without descriptive metadata and a mechanism to maintain it, the data lake risks turning into a data swamp. And without metadata, every subsequent use of data means analysts start from scratch. Without appropriate governance measures, Data Lakes can create a ‘data free-for-all’ that exacerbates issues of data quality and data lineage.

It is essential that semi-structured and unstructured data adhere to metadata conventions that have been formally defined by governance principles to ascertain meaning from data. Ensuring that data has uniform metadata standards enables users to understand how data relates to other data—such as how proprietary data from CRM relates to sentiment data, for example. The danger with Data Lakes is that individual end-users are liable to ascribe those attributes that they need within the specific context of their particular business problem or use, which may not follow governance conventions, to the entire data set.

Another risk is security and access control. The security capabilities of central data lake technologies are still immature. Metadata and semantics are essential for ensuring compliance with regulations governing the security, use, and location of specific kinds of data, such as personally identifiable medical information. In theory, independent data marts are no longer necessary as Data Lakes enable the enterprise to distance itself from a silo-based culture while emphasizing sharing and integration. In practice, without Metadata, data marts remain the best way to ensure regulatory compliance and adequate data security.

We believe that with a well-defined business process for data ingestion and with Information Governance, we can address the issues and make Data Lakes Enterprise-ready. Further, if you add the Enterprise Archive to the Data Lake, we can vastly expand the reach of analytics and create an Advanced Analytics Platform. We don’t believe this is a replacement strategy for the data warehouse; in fact it is more a complement to the existing investment. With that as a goal, we have been working on our new offering – Solix Common Data Platform.

Solix Common Data Platform = Enterprise Archive + Enterprise Data Lake + Information Governance

Here is the comparison on how it differs from a traditional data warehouse and a Data Lake:

Comparison on how it differs from a traditional data warehouse and a Data Lake

How to avoid tax audit disasters with print-and-archive

Big Data, Data Archiving, Data Management, Print and Archive Comments Off on How to avoid tax audit disasters with print-and-archive

Data Today and Data Then

The other day I was talking to a major distributor who had just gone through a tax audit nightmare. The taxes in question vary based on the location to which the goods were shipped. What should have been a straightforward audit turned into a complex, expensive process because in many cases the customer shipping addresses had changed over time, and the distributor’s ERP system, like most such systems, kept no historical records of those old addresses, so they could not guarantee that the invoices they generated for past shipments showed the actual shipping location.

Like most distributors and retailers, their shipping process is highly streamlined. They receive an order, generate the invoice and shipping label, and ship the product through their ERP system. When customers call in address changes, the new address is entered, from that point, every time you print any old invoice, prints with the new address. The old address is literally wiped from the distributor’s records.

This all works fine and ensures that the right invoices and products are shipped to the right location. But when the auditors arrived they quickly discovered that they could not be sure of where anything had been shipped to in past years. The problem is that many taxes, including U.S. sales tax and European VATs, vary by geographic region. But generating a duplicate invoice for a transaction from a year ago would show the customer’s present address, not necessarily the address last year. Eventually they had to restore data from old backup tapes to discover the old shipping addresses of customers. What should have been a fairly straightforward audit turned into an expensive mess.

The problem is that everything – customer name, address, VAT or U.S. sales tax registration number, all can change at any time. Few ERP systems capture changes to their master records. An invoice is a legal document that is important not just in tax audits but in lawsuits and other legal actions. It should be immutable, but in fact companies that depend on their ERP will often be unable to guarantee that a copy of a historic invoice is correct.

How can you solve this problem. The answer is print and archive, when you generate an invoice, you print and archive a digital copy with the Solix virtual printer – Solix Big Data Suite. This creates an immutable copy of the original invoice that is accessible and acceptable in an audit or other legal action. This can make your life much easier when the tax man calls.

To learn about the print stream archive and our Solix Big Data solution, please contact us.


© Solix Technologies, Inc.
Entries RSS