San Mateo, CA (PRWEB) May 06, 2015
Argyle Data, the leading native Hadoop application for real-time fraud analytics in mobile communications, today announced it has been named one of the “Top 20 Big Data Companies” by The Silicon Review. The list compiles The Silicon Review's top big data companies that best address the needs of current enterprises, and have the potential to be market leaders.
Argyle Data has the privilege of working with global leaders and visionaries in mobile communications on their strategies for future fraud, big data, and machine learning. Best-in-class carriers know the fraud types and fraud methods that they have been attacked with in the past. What keeps them awake at night is what’s new: how they will detect new types of fraud, how they will exploit new big data platforms and how they will manage new sources of data and fraud in the increasingly connected world of Internet of Things and mobile payments.
Argyle Data's technology is part of a new generation of native Hadoop applications built on the latest big data, machine learning and anomaly detection technologies, that helps mobile communications providers manage those new problems. To effectively detect modern fraud attacks requires a shift from batch to real-time, from rules to machine learning, and from silos to a data lake delivered on commodity hardware. Argyle Data’s technology is built to help companies fight sophisticated, modern fraudsters.
“Argyle Data is honored to be recognized by Silicon Review’s panel of experts and thought leaders,” said Tom Ryan, President and CEO of Argyle Data. “In the current economic climate carriers have increased focus on the bottom line. Communication service providers lose over 2 percent of their revenue directly to fraud, which equates to $46 billion as an industry. Big data coupled with machine learning is the breakthrough technology to return the innovation lead from modern cyber criminals back to carriers."
For more information: http://www.argyledata.com/files/Argyle-BigDataTop20.pdf
About Argyle Data
Argyle Data is the leader in real-time fraud and security analytics at network speed and Hadoop scale offering solutions for the largest data-driven companies in mobile communications. Argyle Data offers a real-time fraud and security analytics application built from the ground up on Hadoop using the latest big data, machine learning and anomaly detection technology proven at Facebook and Google. It is able to detect fraud not detected by existing systems, discover fraud in minutes vs. days, discover both new and old fraud attack techniques and dramatically reduce false positives. To learn more, please visit http://www.argyledata.com.