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Can Big Data Give Us Bionic Brains?

Jan 20, 2015 |

The rise of big data and analytics promises to transform many aspects of our lives, chief among them how we synthesize data and make decisions. Some theorize that big data will augment our own cognitive capabilities to the point where it’s like we have bionic brains. According to Deloitte Analytics, the field of cognitive analytics is an extension of cognitive computing, and is made up of three main components: machine learning, natural language processing, and advanced analytics. These technologies, combined Read more…

Pulling Insights from Unstructured Data – Nine Key Steps

Jan 16, 2015 |

Data, data everywhere, but not a drop to use. Companies are increasingly confronted with floods of data, including “unstructured data” which is information from within email messages, social posts, phone calls, and other sources that isn’t easily put into a traditional column. Making sense and actionable recommendations from structured data is difficult, and doing so from unstructured data is even harder. Despite the challenge, the benefits can be substantial. Companies that commit to examining unstructured data that comes from devices Read more…

Graph Databases Everywhere by 2020, Says Neo4j Chief

Jan 15, 2015 |

In a market rife with disruptive innovation, perhaps nothing will be as groundbreaking over the next five years as the widespread adoption of graph databases, according to Neo Technology CEO Emil Eifrem. Just four years since its founding, Neo Technology has risen to the top of the graph database heap, which itself has seen a remarkable amount of growth compared to other database types (see fig. 1). The company’s product, called Neo4j, is arguably the most mature of the graph Read more…

The Secret to Generating Value from IoT Data

Jan 13, 2015 |

Over the last 10 years, enterprises have been implementing IoT applications by connecting devices and “things” on their internal network (Intranet) to provide better customer service, reduce costs and more. By applying advanced analytics technologies designed specifically to handle the requirements of real-time big data analytics, many businesses today are converting the vast amounts of IoT data generated into actionable insights. With more and more devices
being connected to the Internet, the opportunity for additional value is growing rapidly as the Read more…

Dato Aims to Unleash Machine Learning

Jan 8, 2015 |

The new year started with a bang for GraphLab, the big data analytics startup headquartered near Seattle. Today the company announced the completion of an $18.5 million Series B round of venture funding. It also just changed its name to Dato. CEO Carlos Guestrin gave Datanami the low down on the new name and the state of machine learning in a recent telephone briefing. “Our goal has been to make machine learning accessible to more and more people, to allow Read more…

News In Brief

Why Machine Learning Is A Priority for Andreessen Horowitz in 2015

Jan 26, 2015 |

Marc Andreessen and Ben Horowitz are legendary in the Silicon Valley, having invested early in firms like Twitter, Facebook, Box, Skype, and Groupon. So when the Sand Hill Road experts with an eye for picking winners put machine learning near the top of its list of trends to watch out for in 2015, it was a cue that the technology is on the cusp of having a breakout year. The way that Andreessen Horowitz sees things, machine learning and big data Read more…

Predicting Consumer Behavior Drives Growth of Text Analytics

Jan 16, 2015 |

Retailers are getting hip to the latest fashion—using text analytics to predict what consumers are going to do and buy next. According to a new report by Allied Market Research, predictive analytics in the retail sector will be responsible for nearly a third of growth of the overall text analytics market. That market could grow 25 percent a year annually through 2020, when it may account for $6.5 billion in spending by organizations, they say. Predictive analytics will be big Read more…

Alteryx Adds In-Database Blending

Jan 15, 2015 |

The latest release of an analytics platform combines data “blending” with predictive analytics tools intended to help combine large datasets with databases rather than just subsets of data. Alteryx Inc. said Thursday (January 15) its Analytics 9.5 release aims to allow data analysts to progress beyond spreadsheets by leveraging in-database blending tools to draw insights from large datasets in Microsoft and Oracle databases. The company claims its approach is “faster than hand crafting code, even when taking advantage of an Read more…

Survey: Health Trackers Emerge As IoT App

Jan 6, 2015 |

On the weighty matter of how best to use connected devices that will serve as the data-generating backbone of The Internet of Things (IoT), poll results released at this week’s Consumer Electronics Show in Las Vegas indicate that Americans are willing to use monitoring devices to keep track of their waist line but not their sex life. A&D Medical said it commissioned the online Connected Health Study in which the Harris Poll organization contacted more than 2,000 Americans in December Read more…

Can Big Data Help Dispense Justice?

Dec 12, 2014 |

A debate within the American judicial system is focusing on the growing use of data-driven predictions about future crime risks in shaping sentencing guidelines. According to reports this summer, at least 20 states have adopted so-called “evidence-based sentencing.” Outgoing U.S. Attorney General Eric Holder raised concerns about the trend during the summer, calling on the U.S. Sentencing Commission, which establishes sentencing guidelines for the federal courts, to “study the use of data-driven analysis in front-end sentencing,” then issue policy recommendations. Read more…

This Just In

Skytree Partners with Tableau to Combine Machine Learning and Data Visualization

Jan 29, 2015 |

SAN JOSE, Calif., Jan. 29 — Skytree, the Machine Learning Company, today announced its partnership with Tableau, a global leader in rapid-fire, easy-to-use business analytics software, to bring Skytree Infinity’s advanced machine learning technology to Tableau’s data analytics software. The partnership furthers Skytree’s footprint within the big data ecosystem. Now, Tableau’s global user base can benefit from Skytree’s best-in-class machine learning without having to leave their dashboard. “Machine learning is an important part of gaining the greatest amount of value from Read more…

Lavastorm and TIBCO Announce Extended Predictive Analytics Functionality

Jan 20, 2015 |

BOSTON, Mass., Jan. 20 — Lavastorm Analytics, a leading agile data management and analytics software company, and TIBCO Software Inc., a global leader in infrastructure and business intelligence software, today announced extended predictive analytics functionality, powered by the TIBCO Enterprise Runtime for R (TERR) engine embedded within Lavastorm Analytics’ market-leading Data Management and Analytics platform. This new functionality enables data scientists using Lavastorm to more quickly and accurately build, validate and share predictive analytic data models with business users, allowing them to Read more…

Text Analytics Market Expected to Reach $6.5 Billion by 2020

Jan 16, 2015 |

Jan. 16 — According to a new market research report titled, “Global Text Analytics Market- Size, Industry Analysis, Trends, Growth and Forecast, 2014- 2020,” the global text analytics market has a potential to reach $6.5 billion by 2020, registering a CAGR of 25.2% during 2014-2020. Predictive analytics is the most attractive application within text analytics, which provides insights on unstructured text and helps the companies to formulate business strategies accordingly. Retail sector largely uses text analytics software, which approximately contributes 1/3rd of revenue amongst all industries. Use of Read more…

Glassbeam Introduces New Version of SCALAR Tightly Integrated with Spark

Nov 18, 2014 |

SANTA CLARA, Calif., Nov. 18 — Glassbeam, Inc., the machine data analytics company, today announced a new version of Glassbeam SCALAR tightly integrated with Apache Spark, enhancing its cutting-edge Internet of Things (IoT) analytics platform with new capabilities around advanced machine learning and real-time analytics. These features strengthen Glassbeam offerings as it continues to maintain market leadership in ingesting, parsing and transforming complex machine data for some of the largest product manufacturers worldwide. As the volume and variety of IoT-connected devices Read more…

Alteryx to Distribute New Version of Visual Analytics Kit for QlikView Users

Nov 13, 2014 |

IRVINE, Calif., Nov. 13 — Alteryx, Inc., the leader in data blending and advanced analytics, announced that it will distribute a new version of its free Visual Analytics Kit for users of QlikView, and now Qlik Sense, to get started with Alteryx.  As one of the top sponsors of next week’s Qlik World Conference 2014 (#Qlik14), Alteryx (Booth #501) can help empower business analysts by increasing their speed to insight with an easy-to-use platform that reduces the overall IT burden, allowing the analysts to focus on answering Read more…