From Wikipedia: an algorithm is an effective method expressed as a finite list of well-defined instructions for calculating a function. Algorithms are used for calculation, data processing, and automated reasoning. In simple words an algorithm is a step-by-step procedure for calculations. Now let’s analyze OkCupid.com it is a famous web site. On 2-Feb-2011 Match.com had acquired OkCupid for $50 million in cash. Many users expressed distress, worrying that they would now have to pay for…
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Real Customer cases for Enterprise software solution implementation
Complex Event Processing and Carrier Hotel New York City – What do they have in common?
This is the place of Carrier Hotel in Manhattan. This is the place where the internet fiber channel cables come out. And then the web is distributed to the other buildings. As you might imagine seconds count when it comes to high frequency trading. The question is “what if I was a few milliseconds infront of my competitor?” Could speed of data matter in such cases. Could a distance of few blocks create a significant…
Read MoreShould Pragmatic Chaos or Epagogix determine future of our human entertainment?
Cinematch, Dinasour Planet, and finally Pragmatic Chaos –predicting what movie you might want to watch- is determining 60% of the movies being rented. Pragmatic Chaos got the 1 million dollar prize. Prize for reading what is in your brain. The above photo is from the ceremony in New York City. (20 Sept 2009) for more photos visit. On the other side of the equation we have companies like Epagogix. In their web site they define…
Read MoreHow can a $35 book go upto $23,698,655.93 (plus $3.99 shipping) at AMAZON? Real Story !
After a few days From http://www.michaeleisen.org/blog/?p=358 Michael Eisen’ Blog: “….But two questions remained. Why were they doing this, and how long would it go on before they noticed? As I amusedly watched the price rise every day, I learned that Amazon retailers are increasingly using algorithmic pricing (something Amazon itself does on a large scale), with a number of companies offering pricing algorithms/services to retailers. Both profnath and bordeebook were clearly using automatic pricing –…
Read MoreHow Computing Power changes the way stock markets run? Impact of Algo Trading and High Frequency Trading (HFT)
6 May 2010: Stock prices can go down as well as up. Never in financial history has this adage been more apt than on 6 May 2010. Then, the so-called “Flash Crash” sent shocks waves through global equity markets. The Dow Jones experienced its largest ever intraday point fall, losing $1 trillion of market value in the space of half an hour. History is full of such fat-tailed falls in stocks. Was this just another…
Read MoreCreating a mash up between SAP HANA and SAP ERP using Visual Composer
This Video shows how you can model a UI application which reads and updates to both HANA and R/3 using Visual Composer By Yavir Zur http://vimeo.com/user2924863
Read MoreTransforming BI for Extreme DATA–Why is it relevant for Today? Why Today? IDC Business Intelligence Roadshow 2011
IDC Business Intelligence Roadshow 2011 View more presentations from ugur candan. In this presentation I tried to explain why big data or extreme data problems are so trendy. There is a specific reason for this. For those who attended the event I hope it is clear. For those who have not attended you need to walk over the presentation to have an idea.
Read MoreGamification of eEducation System: Where should we start?
Gamification of eEducation View more presentations from ugur candan. Our current education system is engineered during the industrial revolution and have not seen radical changes ever since. With the emerging mobile technologies I do believe that the learning experience could dramatically change. The main problem is having a batch of students receiving the same educational curriculum. 1- Unfortunately the speed and the interest level of all students vary dramatically and without technological help it is…
Read Morein-memory Database: Why is it relevant for Today? Why Today?
in-memoryDB has been around for the last 30 years. Why is it getting importance today? What makes the difference? or is there a difference at all? Should somebody care about it?
Real SAP HANA Customer Performance Test Case I (from Turkey)
55 minutes to 2 seconds 1650x Sales Reporting in a retailer in Turkey. With SAP HANA a report which lasted 55 minutes were reported over the in-memory technology of SAP in 2 Seconds. That means a 1650x improvement. See it for yourself
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