M&A and Investment
According to a post in Wired, Hortonworks has confirmed that it "hopes to raise $100 million from 6,250,000 shares offered at $16 per share under the NASDAQ symbol HDP."
CenturyLink, the third largest telecommunications company in the U.S., announced that is has acquired Cognilytics, a big data and predictive analytics company based in San Jose.
BSA survey: data analytics catalysts for innovation, growth for two-thirds of US, European companies
According to a survey commissioned by the BSA Software Alliance and conducted by Ipsos Public Affairs, data analytics are having or expected to have a significant impact on company innovation and growth in both the U.S. and Europe. The survey also found that analytics are creating jobs and being used to fill job openings.
You'll find a good post in B2B on how to use Twitter Analytics in case you're looking to do that.
The Pervasive Technology Institute at Indiana University received $6.6 million of an $11 million grant from the National Science Foundation to create the NSF's first science and engineering research cloud called Jetstream.
Nadarajan "Raj" Chetty, Bloomberg Professor of Economics at Harvard University uses big data to reveal what is driving upward mobility and contributing significantly to the realization of the American dream in various areas of this country and the world.
Vasant Dhar, professor at NYU Stern School of Business, is recommending that investors seriously consider big data based sentiment as an input in investment decision making.
You've likely heard that Hortonworks filed an IPO last week and you've no doubt heard much cheering around it. Indeed, it signals many great things such as the maturation of the big data market in general and Hadoop in particular. But, the IPO filing reveals some $87 million in operating losses and precious few revenues. So, is it the potential gold in the IPO or the glitter in the operating losses that presents the biggest lesson for the big data industry?
The pressing question on many minds since Election Day, no matter their political affiliation, is what will happen to Obamacare--and by extension, how changes wrought by a Republican-held Congress might affect investments healthcare organizations have already made in EMRs, EHRs, and other big data associated systems and tools.
451 Research just released its first edition Cloud Price Index wherein it sets the current hourly market price for a typical web application at $2.56. The price is a bit cheaper for the 'hyperscalers' at $2.36.