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September 7, 2016
data acquistion systems

The Exploding 2.6 Billion Dollar Data Acquisition Industry

The DAQ (Data Acquisition) market, growing at a cumulative average growth rate of 6% and currently valued at over $2.26 billion as at 2015, is expected to cross the $3 billion threshold by 2020.  In this week’s guest post by DAQifi, one of the leading manufacturers of wireless data acquisition systems. For more information please check them out at www.daqifi.com The market is primarily driven by the proliferation of open source software standards, interoperable abilities, the adoption of Ethernet, and the need to cut on distribution losses that continue to be incurred. However, the market still faces significant skilled labor constraints as an advanced technology such as this requires highly specialized skills in computer languages such as FORTRAN, PASCAL etc. Also, cost considerations are a major bone of contention as are security issues owing to the widespread popularity of wireless technology. Below, we take a look at 3 data acquisition […]
August 27, 2016
virtual-reality-1237523_1280

The Future of VR: Redefined Learning

In the present day, you can strap on a rectangular black headset and climb to the top of a snow capped mountain or traverse a sunken ship at the bottom of the ocean. This is the promise of virtual reality (VR) headsets such as the HTC Vive and Oculus Rift. As impressive as virtual reality already is, many pundits still believe that the technology is still in its infancy. This may be due to the fact that previous VR-style efforts have flopped in the past e.g. Nintendo’s Virtual Boy. However, the latest crop of gadgets in this field are deemed more promising, thanks to their vastly improved head-tracking abilities, much improved graphics and more. Below, therefore, we take a look at 3 important things that you need to know about the future of VR as follows: VR is likely to get more physical Anyone who has tried or seen the […]
August 21, 2016
janet

All Eyes on Yellen at Jackson Hole

Where events can change the market drastically some events are obviously so directly linked that all traders wait for the event, gripping their seats. Federal Reserve Chairwoman Janet Yellen has all eyes fixed on her as she prepares for her speech in Jackson Hole, Wyoming.   Stock Market closed stable on Friday but there has been much debate about whether or not she is going to give out any information on an increase in rates anytime in the future. It is quite imperative for the stock traders to score an increase in the rates yet the situation is going to keep the pressure built until 26th of August.   Yellen is in a unique position at the moment while the trading world desperately awaits her comments at the Kansas City Fed’s annual function. Where some are optimistic that Yellen will be signaling a raise in coming September however with a […]

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  • janet All Eyes on Yellen at Jackson Hole August 21, 2016 by Jessica Rogers Posted in: Economy, Stock Market

    Where events can change the market drastically some events are obviously so directly linked that all traders wait for the event, gripping their seats. Federal Reserve Chairwoman Janet Yellen has all eyes fixed on her as she prepares for her speech in Jackson Hole, Wyoming.

     

    Janet_YellenStock Market closed stable on Friday but there has been much debate about whether or not she is going to give out any information on an increase in rates anytime in the future. It is quite imperative for the stock traders to score an increase in the rates yet the situation is going to keep the pressure built until 26th of August.

     

    Yellen is in a unique position at the moment while the trading world desperately awaits her comments at the Kansas City Fed’s annual function. Where some are optimistic that Yellen will be signaling a raise in coming September however with a very low probability of 18% backs this believe.

     

    Traders have been under great pressure and in turn the pressure shift on to Yellen in the current situation where market data on inflation and economy doesn’t support a raise in the rates. On the other hand, traders have been desperate to get a raise to the point that lobbying for the cause has also been heard of in the trading circles.

     

    Market analysts, however, believe that given the poor performance of different sectors such utilities makes it imperative that the Federal reserve announces a raise. It is, however, going to be a very tough decision especially when other Central Banks are performing on negative rates. On the other hand, risk pushing the hike back until December means risking a lot more and cornering themselves right from the start.

     

    Traders in the US now trust less on the Federal Reserve as the chance to change two raises during the year 2016 to one raise are getting higher. The unrest in the industry puts Yellen and her team under immense pressure where on one hand the trading industry is counting on her while on the other hand the greater good persist them to make a just decision.

     

    The speech titled “Designing Resilient Monetary Policy Frameworks for the Future”, is aptly titled to help Yellen take some pressure off her back however the uncertainty that surrounds her decision can keep the market in a sway for next six days. Analysts are hoping that the Market PIMI reports for July and August, due next week, can help improve the situation.

  • data acquistion systems The Exploding 2.6 Billion Dollar Data Acquisition Industry September 7, 2016 by Jessica Rogers Posted in: Stock Market

    The DAQ (Data Acquisition) market, growing at a cumulative average growth rate of 6% and currently valued at over $2.26 billion as at 2015, is expected to cross the $3 billion threshold by 2020.  In this week’s guest post by DAQifi, one of the leading manufacturers of wireless data acquisition systems. For more information please check them out at www.daqifi.com

    The market is primarily driven by the proliferation of open source software standards, interoperable abilities, the adoption of Ethernet, and the need to cut on distribution losses that continue to be incurred. However, the market still faces significant skilled labor constraints as an advanced technology such as this requires highly specialized skills in computer languages such as FORTRAN, PASCAL etc. Also, cost considerations are a major bone of contention as are security issues owing to the widespread popularity of wireless technology. Below, we take a look at 3 data acquisition trends to watch out for in 2017 as follows:

     

    • Open Machine Learning and Deep Learning

    Late last year, Google open-sourced its machine learning platform- TensorFlow. A few weeks later, IBM followed suit by releasing SystemML-its machine learning technology- into the open source community. These initiatives join a growing plethora of already existing open source machine learning platforms e.g. DL4J that is used to implement deep learning in Java. Data technologists and scientists now have the world’s leading algorithms at their fingertips if they wish to carry out advanced predictive analytics. This is expected to propel the innovative ways by which we create value from data to levels previously unimagined.

     

    • Big Data Strategies Beyond Hadoop

    After several years of technology-focused on the adoption of Hadoop and other related alternatives to traditional databases, expect a shift toward more business-oriented data strategies in 2017. Such carefully crafted strategies are likely to involve Chief Data Officers (CDOs) as well as other business leaders, and should be guided by the creation of business value from data and innovation opportunities. The latest trend of exciting advances in data engineering and data science techniques should spark a myriad of creative business opportunities, with the data infrastructure playing a supporting role. Real benefits to companies such as DAQifi will be best achieved through strategic alignment of the right technologies with high value opportunities in order to support innovative solutions.

     

    • An AI-Enabled World

    Having gone out of favor in the 1970s, AI (Artificial Intelligence) is proving hot once again. Examples such as medical diagnosis, stock trading, facial recognition, and autonomous vehicles are exciting the imaginations of present-day technologists. In addition, the power of parallel, distributed computing is now more accessible than ever before, making it much easier to experiment with numerous novel ideas. Also, the rich data that is needed to feed machine learning algorithms continues to be more diverse, prolific, and readily available than ever before. While it may take a little bit longer to perfect your self-driving car, you can definitely expect your life to get better in 2017 as a result of the innovative uses of AI.

    Conclusion

    As with every passing year, 2016 has proved that with innovation comes acquisition. While it may be difficult to predict where the next great IT revolution will emerge from, the future looks great for data loggers in these three spheres heading into 2017.

  • virtual-reality-1237523_1280 The Future of VR: Redefined Learning August 27, 2016 by Jessica Rogers Posted in: Main

    In the present day, you can strap on a rectangular black headset and climb to the top of a snow capped mountain or traverse a sunken ship at the bottom of the ocean. This is the promise of virtual reality (VR) headsets such as the HTC Vive and Oculus Rift.

    As impressive as virtual reality already is, many pundits still believe that the technology is still in its infancy. This may be due to the fact that previous VR-style efforts have flopped in the past e.g. Nintendo’s Virtual Boy. However, the latest crop of gadgets in this field are deemed more promising, thanks to their vastly improved head-tracking abilities, much improved graphics and more. Below, therefore, we take a look at 3 important things that you need to know about the future of VR as follows:

    • virtual reality courtesy of Cornerstone Media.com.auVR is likely to get more physical

    Anyone who has tried or seen the HTC Vive will know that some physical activity is involved. The Vive, together with its two controllers come equipped with sensors that allow players to wield an imaginary paintbrush or swing a virtual golf club. But what systems like the PlayStation VR or Hive currently lack is a sense of touch i.e. you may look like you are wielding a paintbrush but the device in your hand essentially feels like a video game controller. This will be one of the first areas where virtual reality will improve. (The Oculus Rift still does not support motion controllers, although the company plans to launch such devices later this year).

    • Participation

    The next evolutionary phase of VR will be where people get to participate physically in the VR world and not just sitting back. For instance, if you are playing quarterback, you not only get to throw a football, but you can also interface with the team as well.

    • Catering to other senses

    Phil Carey of Cornerstone Media believes that incorporating more sophisticated touch controls will only be the start and that future VR devices could refine concepts that were first introduced in the early 1960s with the much vaunted Sensorama which incorporated elements like smells and winds. Granted, today’s headsets perform an excellent job of catering to the visual senses and a little bit of audio as well. But those are only two senses. Once you start catering to the rest of the senses- like what we feel temperature-wise, smell-wise, and body-wise, the reality factor of VR technology becomes much stronger as the virtual pieces begin to fade.

    It is not exactly clear how-and if- the technologies described above will ever take shape. But it will definitely not be for the want of trying as there are numerous companies that are committed to taking VR technology to the next level. For instance, the startup Thalmic Labs makes armbands that are capable of controlling electronic devices through the use of gestures that also work with the Rift; while Leap Motion- a startup that launched motion-sensing cameras for computers in 2013- is now developing technology that can be used to interact with VR environments without using a controller.

 

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