When it comes to web searching, humans will make a query, and computers will help them refine it so that only the relevant data, rather than 14 pages of potential websites, match. Automated language translation and natural language processing also...
During the past 18 months, a Meta Group survey has indicated that a key tool for making this transition is IT portfolio management, which enables CIOs to present IT expenditures and projects in business terms that resonate with senior executives...
The vendor offers capital markets firms a predictive risk service at $1 per CPU per hour. And vendors have been quick to offer an on-demand version of grid, effectively offering to rent out processing power on a per CPU basis.
This enables easy and efficient processing for query and analysis at any time. Achieving real-time business intelligence presents many challenges but one of the main hurdles to overcome is slow query performance due to limitations of the current BI...
His team is replacing some of the bank's existing systems with what are known in the industry as 'straight through processing' (STP) systems that enable the entire process for capital markets and payment transactions to be automated electronically.
Kelly Kavanagh, principal analyst at Gartner, said in a statement: "The ability to provide massively scalable processing, storage and bandwidth inherent in cloud computing will require security controls and functions to be delivered to customers...