According to a report in The Wall Street Journal, Apple acquired Topsy Labs for $200M. The acquisition represents a serious jump into big data analytics in social media for Apple.
Up until recently, cloud services were accepted at face value. Basically one rented the services "as is" and continued on his or her way. But that is changing as more cloud customers demand to see more data on cloud providers and their services.
Although this Insights article in Outsell requires a subscription for access, it's worth the read for those interested in using big data for investment discovery.
Service Objects recently announced its In-Kind Grants program, which delivers free data validation services to qualifying non-profits. The company says its program will "focus on, but is not limited to, providing assistance to non-profits that work in the fields of environmental conservation and natural disaster relief."
Everyone on the planet is interested in how to turn data into dollars.
"We're in the midst of a Big Data Gold Rush, with VCs throwing cash at anyone and everyone with a Big Data idea."
"Even if KPMG doesn't audit the companies it owns, an obvious problem is that KPMG inevitably will be in the position of funding companies that compete against its own audit clients. That may not be a violation of any rules, but it can create conflicting interests nonetheless. (Then again, so can audit fees themselves, because the client is paying the auditor.)"
But wasn't the business of weather prediction always data-driven and predictive analytics always the crux of their business? You might ask this question. Yes, it was. But now those efforts are super-sized.
There is always a dollar value assigned to data because no one doubts there is value--but is the cost calculated correctly or is it just a Plucked From Air number? In other words, are data sellers charging too much or too little and are buyers getting a heck of a deal or simply getting fleeced?
Vendavo plans to run the next release of its Profit Analyzer application on the SAP HANA database. It's scheduled for release early next year and will replace Vendavo's current proprietary in-memory technology which runs on a traditional Oracle or DB2 database.