M&A and Investment
Startup Samsara came out of stealth mode this week, announcing it raised $25 million in Series A funding from Andreessen Horowitz and that Marc Andreessen will join the board of directors.
A $102 million funding round for MarkLogic is the latest influx of money into the growing market for database solutions. The investments suggest demand for new products but also signals that there's a booming market that may face some growing pains in the future.
Cuba has adopted analytics and big data to improve its allure to tourists from everywhere.
The problems the partners worked towards solving are untangling and managing "unnecessarily complicated data workflows with bloated ETL pipelines," and overcoming a lack of native system integration.
NetSuite, a provider of SaaS accounting, ERP, CRM and ecommerce software, just announced a partnership with Microsoft. The combo play strengthens NetSuite's hand in embedded analytics and productivity. It also competitively boosts Microsoft Azure.
Two industry giants, Microsoft and EY (formerly Ernst & Young) announced their partnership in joint cloud and data analytics efforts.
According to a new report by Tractica, the market for enterprise AI systems will increase from $202.5 million in 2015 to $11.1 billion by 2024.
According to EY, formerly known as Ernst & Young, the Internet of Things (IoT) tripled in aggregate value in the first quarter of 2015 over fourth quarter of 2014 due to several IoT-flavored semiconductor sector consolidation deals.
There's a major shakeup coming to data center products and everyone is busy trying to figure out which companies and products will fold and which will fly.
The report estimates that the number of devices connected to the Internet will be up from 15 billion today to 50 billion by 2020 and that the new connections will generate around $8 trillion. What we're facing now is extreme data with little useful filtering. Harnessing the IoT will require much more than just connecting everything and bracing for the deluge.