After spending several painful months negotiating contracts with your vendor partners and haggling over every cent for IT resource rates, you finally managed to get the best rate card across multiple roles and geographies. So with a little help from some run-of-the-mill, rate-compliance monitoring system, the hundreds or thousands of projects with these contracted vendors will run on cruise control, right? Wrong. A few months down the line, you’ll notice you are paying more for every hour of work than you were prior to the rate negotiations, even though the rates were negotiated down by 5–10% across the board.

Here at Opera Solutions, we eat, drink, and breathe the concept of Man + Machine. But its implications hold power in any organization that’s trying to leverage its data to improve its bottom line. In medicine, trading, and many other domains, humans can achieve extraordinary (possibly even super-human) results when partnered with a machine. This is because people and machines each play an important role in extracting meaning from Big Data flows.

Why we should stop talking about Big Data and start talking about Big Signal.

“Big Data” seems to be the phrase on everyone’s lips these days — the new Big Bandwagon for enterprise, government, investors, and entrepreneurs. But I would respectfully submit that the term may be missing the point… and those who continue to define the phenomenon in that way may miss the first wave of the real opportunity.

Opera Solutions is proud to be ranked the #2 Pure-Play Big Data vendor by Wikibon, as cited by Forbes.

Among vendors that derive 100% of their revenue from Big Data products and services (as estimated by Wikibon), Forbes.com singles out the top 10, and Opera Solutions ranks #2, just behind Splunk. The complete “Big Data Vendor Revenue and Market Forecast 2012–2017” report is publicly available and lists over 60 Big Data vendors with total 2012 revenues of over $11 billion. 

NEW YORK, N.Y. & RADNOR, P.A., Nov. 5, 2012 — Opera Solutions, LLC, a leading global Big Data Science company, and QlikTech (NASDAQ: QLIK), a leader in Business Discovery — user-driven Business Intelligence (BI), today announced the two companies have reached an OEM agreement. Under the agreement, QlikTech's industry-leading in-memory associative search technology will be incorporated into select applications developed by Opera Solutions as part of its Signal Hub™ Suite and related Signal Apps.

AUSTIN, T.X., Oct. 2, 2012 — Pervasive Software® Inc. (Nasdaq: PVSW), a global leader in cloud-based and on-premises data innovation, today announced Opera Solutions, LLC, a world innovator in using advanced analytics to extract and use predictive information from Big Data, is leveraging Pervasive DataRush™ in its technology stack.

NEW YORK, N.Y., Sept. 10, 2012 — Opera Solutions, LLC, a leading global Big Data and advanced predictive analytics company, today announced its results in the KDD Cup 2012, a leading worldwide competition that attracts the best and brightest minds in machine learning and advanced analytics. Competing against 170 teams, Team Opera Solutions won second place in the Track 2 contest, edged out by 6.9 thousandths of a point by a team from academia.

NEW YORK, N.Y., June 20, 2012 — Opera Solutions, LLC, a leading global Big Data predictive analytics company, today announced the general availability of its Revenue Cycle Management solution.

Already in use in more than 60 hospitals, the solution helps hospitals significantly increase profitability and operating efficiencies by identifying missing charges and reducing audit expenses. Based on industry profitability averages, hospitals using the solution can increase their operating income by 10 percent or more.

Opera Solutions, LLC, a leading global Big Data analytics company, today announced the availability of its Signal Hub™ technologies and related applications, integrated with the SAP HANA® platform. SAP HANA enables organizations to analyze business operations based on a large volume and variety of detailed data in real time, as it happens. SAP HANA will be used in Signal Hub technologies to support predictive analytics delivered in real or near-real time.