Thought Leaders in Big Data: Interview with Patrick Taylor, CEO of Oversight Systems (Part 3)

Sramana Mitra: You are tracking anomalous behavior at a business process level, and then you are correlating that back to individuals who repeatedly trigger such anomalous behavior?

Patrick Taylor: That is correct. We are basically looking at it both ways: “Is there something wrong with this transaction?” Then, as I look over time, I ask myself if there is something wrong with this actor, because he has been marginally involved with a number of other questionable transactions. >>>

1M/1M & SAP Startup Focus Offer Support To Entrepreneurs Developing On SAP HANA

It is with great pleasure that we welcome SAP Startup Focus entrepreneurs to the One Million by One Million (1M/1M) program. This new partnership will offer extensive incubation support to entrepreneurs developing products and services on the SAP HANA platform. We are launching this effort by inviting a first set of entrepreneurs working with HANA through the SAP Startup Focus program to apply for one of twelve scholarships to the 1M/1M program (valued at $1000 for the annual membership fee) that SAP is awarding.

1M/1M is a virtual incubation program that will work closely with scholarship winners for one year to help their ventures achieve their potential.

You can find the application form here.

You can learn more about the application process here.
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Thought Leaders in Big Data: Interview with Patrick Taylor, CEO of Oversight Systems (Part 2)

Sramana Mitra: Are you positioned today as a fraud detection company, or do you have a different, broader positioning?

Patrick Taylor: Much broader than that. We are a continuous analysis company. Our software can operate on an ongoing basis. I need to be looking for this every day, and the sooner I find the problem, the better. This comes out of our intrusion detection roots. Intrusion detection is also a continuous capability. >>>

Thought Leaders in Big Data: Interview with Patrick Taylor, CEO of Oversight Systems (Part 1)

Patrick Taylor is the chief executive officer of Oversight Systems, a Continuous Transaction Analysis platform for big data that helps businesses make smarter decisions. In this interview Patrick talks about how Oversight Systems’ platform is used to detect fraud and internal security flaws. Furthermore, he describes the platform’s capability of resolving problems and finding new opportunities for businesses.

Sramana Mitra: Patrick, let’s start with some background about Oversight Systems. What do you do? What kind of target customers are you working with?

Patrick Taylor: There was a group of us in another company called Internet Security Systems. At Internet Security Systems, we had pioneered a concept called intrusion detection software. That is software that looks at network traffic to identify hackers – this is sort of an intruder alarm for hackers. >>>

Thought Leaders in Big Data: Interview with Tim Minahan, Network Strategy VP for Ariba (Part 5)

Sramana Mitra: How does a new small company entering in this system break through? We are seeing a huge amount of usage of these services exchanges – Elance, oDesk, etc. – and one thing we always hear from small companies is when they start transacting and selling on those exchanges, it takes them a long time to establish themselves. What is your reaction to that? >>>

Thought Leaders in Big Data: Interview with Tim Minahan, Network Strategy VP for Ariba (Part 4)

Sramana Mitra: Talk about that a little bit. Our community is full of small companies. If they want to try out the Ariba network, what would you advise them to do?

Tim Minahan: I would invite them to go and get discovered with a service on the network we call Ariba Discovery. It is at discovery.ariba.com. It operates just as if you were registering on eBay or Amazon. >>>

Thought Leaders in Big Data: Interview with Sandy Steier, CEO of 1010data (Part 6)

Sramana Mitra: I think most of the big data solutions nowadays are being delivered in either public or private clouds.

Sandy Steier: But in that case, the purpose of the cloud is merely an outsourcing mechanism, so you don’t have to have your own computers and your own data center. It is not open to other people. If I put my database on Amazon EC2, that doesn’t mean you can get to it. >>>

Thought Leaders in Big Data: Interview with Tim Minahan, Network Strategy VP for Ariba (Part 3)

Sramana Mitra: That is interesting. That brings me to the question about startups. Of the one million companies transacting on your system, what is the distribution? How many are large companies, how many are mid-sized companies, and how many are small companies?

Tim Minahan: Demographics would certainly tell you that the large majority of them are small, by nature. Certainly the Ariba network has been a massive channel for many small startups. I will give you an example around working capital and financial management, but also being exposed to new sales with global 2000 buyers. >>>