Technology: Prepare for big data explosion, NetApp urges businesses

As explosive increase in big data is putting enormous pressure on existing infrastructure, especially in developing countries, hence the need for canvassing proper data management among organisations.

Corporate organisations are to ensure effective management of data generated through their Information Technology systems. Proper management of data would give a company insight to manage the business as data had continued to expand rapidly and as time went on, companies’ data would continue to increase.

‘’Although human-generated datasets, including Facebook pictures and Tweets, are getting the most attention in the media, the biggest source of data growth is machine-generated datasets. ‘’Digital technologies are moving to denser media, photos have all gone digital, video and medical imaging systems are using higher resolutions, and advanced analytics require significantly more storage.”

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Finance: Net Present Value in the real sense.

Net Present Value (NPV)...... The difference between the present value of the future cash flows from an investment and the amount of investment. Present value of the expected cash flows is computed by discounting them at the required rate of return. For example, an investment of $1,000 today at 10 percent will yield $1,100 at the end of the year; therefore, the present value of $1,100 at the desired rate of return (10 percent) is $1,000. The amount of investment ($1,000 in this example) is deducted from this figure to arrive at net present value which here is zero ($1,000-$1,000). A zero net present value means the project repays original investment plus the required rate of return. A positive net present value means a better return, and a negative net present value indicates unfavourable returns. Net present value takes into account the value of the dollar today compared to the value of the dollar in the future, which is why it is a very important value to look at...

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Football: Lazio respond to false age claims of teenager.

Lazio have threatened legal action against those who have questioned the legitimacy of the age of their 17-year-old Cameroonian player Joseph Minala. The Italian side stated that his birth certificate is "absolutely legitimate". Lazio added: "We reserve the right to take action against those responsible for the protection of the good name of the company and the footballer." The midfielder also issued a statement via the club's website denying he told an African website he was 41. He said: "I have read the alleged statements posted on the website senego.net in which it says I confessed my real age which was different to what was stated in my [official] documents. "They are false statements that have been attributed to me by people who do not know." Minala joined the Rome club last summer and recently played for them in the Viareggio Cup youth tournament. Source: BBC Sport.

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