The Top Five Most-Valued Companies Are Tech - Almost
On this first day of August 2016, I saw that the top most-valued companies
are tech. companies, and the fifth one is almost there. Here is the list.
Apple ($appl): $566 billion Alphabet ($goog): $562B Microsoft ($msft): $433B
Amazon ($amzn): $365B Exxon Mobile ($xom): $356B Facebook ($fb): $353B
The big move is Amazon’s beating Exxon Mobile (used to be number 1 for many
years) to the fourth spot. The switch came after Amazon posted its fifth
straight quarter of profits last week as the oil giant’s profits tumbled
59 percent during the same rough period. If Exxon continues its drop, then
Facebook will beat it in days.
This is quite remarkable! Other than Microsoft and Apple, the other 3
companies are much younger, Facebook being the youngest one. Their rapid rise
is due to the growth of the Internet with its associate... (more)
BI Intelligence recently published the Top 5 Digital Trends that is worth
looking at. It starts with a dramatic statement, “today, nearly 43% of the
world is connected to the Internet, enabling us to talk, share photos, and
conduct business halfway across the globe. As a result, we have seen more
technological advancements in the past 10 years than we’ve witnessed in the
past 10,000 years. And in the next five years, we’ll see even more”. Here
are the key trend areas:
Mobile – Messaging apps are the new OS. Facebook is winning this as it owns
both the Facebook Messenger and What... (more)
Data Lake and Data Refinery – Gartner Controversy!
Much discussion has been going on the new phrase called Data Lake. Gartner
wrote a report on the ‘Data Lake’ fallacy, saying to be careful about
‘data lake’ or ‘data swamp’. Then Andrew Oliver wrote in the
InfoWorld these beginning words, “For $200, Gartner tells you ‘data
lakes’ are bad and advises you to try real hard, plan far in advance, and
get governance correct”. Wow, what an insight!
During my days at IBM and Oracle, Gartner wanted to get time on my calendar
to talk about database futures. Then afterwards, I realized that... (more)
I remember back in 2003 when I had a meeting with the then CTO of Amazon for
a couple of hours. He was narrating his vision of SOA (Service Oriented
Architecture), where individual business or programming functions (called
services) can be stacked up in libraries and get invoked as and when
required. This notion of re-usable services was not new (remember subroutines
from the mainframe era or stored procedures from the client-server days?).
Subsequently we called them “web services” because they were loosely
coupled applications that can be exposed as services and easily consumed ... (more)
I attended a HIVE-sponsored Meetup yesterday evening titled, “Rocking the
database world with RocksDB”. Since I had never heard of RocksDB, I was
curious to learn how it is rocking the database world.
Facebook built this key value store storage layer originally to use for MySQL
(instead of InnoDB), as MySQL is used heavily at Facebook. They claim that
was not the only motivation. Then in 2013, they decided to open source
RocksDB. Last evening’s speaker in an earlier post on November, 2013 had
said, “Storing and accessing hundreds of petabytes of data is a huge
challenge, and we’... (more)