Investor trends are not the same as predictive analytics because far too much stock market movement is merely knee-jerk reactions with precious little data to aim the kick. But there are those that think big data's very bad day in the stock market is a strong indicator of a slowdown in overall business spending. After all, the thinking goes, if the biggest, baddest, hottest tech – big data – isn't hitting earnings forecasts, then businesses must be seriously curtailing tech purchasing.
UNICEF, the nonprofit charged with helping children worldwide, is actively seeking ways to accomplish that mission through new technologies including real-time analytics, artificial intelligence, and IoT sensors. The agency is partly achieving this by investing in startups using these technologies through its UNICEF Innovation Fund.
Qubole, a "big data as a service" company, raised $30 million in a Series C funding round to expand its Qubole Data Service, a self-service platform for big data analytics, and integrate new data engines.
"While still positive, the growth rate is slowing from the rate of improvement over the previous four years," say the researchers. "Yet our outlook study also finds that IT capital spending appears ready to stage a comeback from its recessionary doldrums." Yes, but the dynamics at work behind that comeback staging is a little peculiar.
According to Statista's new digital market outlook report on FinTech, transactions volume for peer-to-peer business loans in the U.S. will reach a total of 8.489 billion USD for 2015. The growth in volume illustrates both the innovative power of disruptors and the increase in use of consumerized data – i.e. data made available to consumers for their own decision-making purposes.
Microsoft announced it has acquired Metanautix, a company that connects all data, regardless of source, into a data supply chain without moving the data to a centralized system. Metanautix makes a wide variety of data "data query-able by SQL," hence Microsoft's interest in it.
Big data is getting bigger both in size and in spend. Michael Dell said it's the "next trillion-dollar tech industry." He believes that enough to jump eyeball-deep in debt to pull off...
Platfora announced Tuesday that it has raised an additional $30 million from a mix of new and previous investors. The total amount the company has raised now tops $95 million. The company also announced both its revenue and customer base have grown over 100 percent year-over-year since 2014. Now it's planning an aggressive foray into Europe and Asia.
Antuit, a global analytics as a service and big data company heavily backed by financial powerhouse Goldman Sachs, acquired AuriQ Systems Co., Ltd. Monday, a data management company and a Japanese subsidiary of AuriQ Systems, Inc. for an undisclosed sum.
LinkedIn acquired Slideshare in 2012, but as many companies have already learned the hard way, acquiring a company is the easy part. Integration of data, technologies and cultures always present daunting challenges, and LinkedIn found this acquisition to be no exception.