Business

Trust can be a fickle thing. As the saying goes, trust takes a lifetime to build but only a moment to ruin. In the business world, trust can certainly be hard to come by, especially when information and data valuable to the success of a company can easily be stolen or misplaced. This is the thought on the minds of many business leaders as they contemplate adopting the cloud for storage, computing power, and big data analysis.

After conducting indoor tests for several months, Walmart recently asked U.S. regulators if it could test drones (a.k.a. “unmanned aircraft systems” or UAS) for home delivery, curbside pickup and checking warehouse inventories. The news came as no surprise to anyone. Walmart’s been investing heavily in its e-commerce capabilities — too heavily for some investors’ tastes, in fact — in an effort to make up ground on Amazon and Google, both of which are already deep into the drone development process.

With the 2015 holiday shopping season now upon us, it’s “go time” for retailers across the country — an opportunity to put their carefully crafted holiday plans into action and deliver on their bottom-line expectations. That includes e-commerce retailers, which continue to claim a growing slice of overall retail sales. Last year alone, online holiday sales rose 15% over 2013 figures, including increases of 32% on Thanksgiving, 26% on Black Friday, and 17% on Cyber Monday.

Insurance companies need to adjust their methods for charging for claims in a way that is in line with the current markets. When a company gets hundreds of thousands of records, a system to manage, filter and process those records becomes essential. This is where Big Data comes in. By creating a platform that can quickly analyze large amounts of data, insurance companies can make more effective claims and ensure greater profits.

Cedars-Sinai today announced its partnership with Techstars to launch their first-ever Techstars Healthcare Accelerator, in partnership with Cedars-Sinai, a three-month program that will enable entrepreneurs to propel the global healthtech industry.

The construction industry is worth almost four billion dollars. This value is expected to increase as technology is rapidly changing the construction industry. Below explains five ways that technology is revolutionizing the construction industry.

Perhaps it should come as no surprise that the cloud price wars have flared up once again. After taking a brief hiatus amidst nervous tensions, competition between cloud computing vendors has reached a fever pitch in the past month. The cloud price wars (sometimes known as the “Race to Zero”) aren’t exactly a new phenomenon. For years, cloud competitors have sought to outdo the others by continually slashing prices on their cloud services. Much of the fight has centered around cloud storage, with lower and lower prices seen with surprising regularity.

It’s the law of economics – as cities scale, they cost more to operate. More employees, more assets, and more vendors can all mean that running a city costs more than ever before. Add in the concepts of risk management, disaster planning, and continuity that used to be classed under the “general fund” and are now audible expenses, and there has been an exponential cost increase to operating a city in the past two decades.

The cloud has proven itself invaluable for businesses to be agile, yet finding a secure way to access applications while protecting the corporate firewall remained a major barrier to entry for many enterprise companies, until now. IBM has announced today a solution to this problem called Bluemix Local.

According to the Bureau of National Affairs (BNA), competitive markets and talent acquisition is driving big data analytics. These technology solutions allow large companies to utilize software products to source, screen and select hiring candidates. Companies can now customize complex algorithms to find the exact candidate through the power of cutting edge software. Here are four ways that big data is affecting the hiring process.