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Transforming PostgreSQL into a Distributed, Scale-Out Database

Dec 4, 2014 |

PostgreSQL users who were considering adopting a distributed NoSQL database like MongoDB or Cassandra to gain scalability benefits for big data may want to think twice about that approach following today’s launch of new software that allows PostgreSQL to scale out horizontally, just like the NoSQL databases do. PostgreSQL is one of the most popular relational databases, with millions of implementations over its 28-year history. Backers of the open source software have kept it relevant in the big data era Read more…

Stomping Out Criminal Scams with Hadoop

Dec 3, 2014 |

The growing technical sophistication of criminals is leading to an arms race to see who can scale more quickly to outmaneuver the other side. Cybercriminals are increasingly adopting hyperscale techniques to help them perpetrate fraud faster and more efficiently than ever before. That’s led the good guys to seek new capabilities of their own, including using Hadoop. One of the promising startups that’s looking to use the power of Hadoop and big data to put the kibosh on fraudsters and Read more…

Why Kafka Should Run Natively on Hadoop

Dec 2, 2014 |

Apache Kafka has become an instrumental part of the big data stack at many organizations, particularly those looking to harness fast-moving data. But Kafka doesn’t run on Hadoop, which is becoming the de-facto standard for big data processing. Now a group of developers led by DataTorrent are addressing that concern with a new project called KOYA, or Kafka on YARN. Getting Kafka into Hadoop would seem to be a no-brainer. After all, the open source message broker software already plays Read more…

How LifeLock Uses Big Data to Fight Identity Fraud

Dec 1, 2014 |

About 9 million Americans fall victim to identity theft each year, leading to about $50 million in losses, according to the Privacy Rights Clearinghouse. While the big data explosion gives identify thieves more material to exploit, it can also make it easier to spot the fraudsters, provided you have the right tools. One of the companies that’s invested a considerable amount of time and money building tools to fight identity fraudsters is LifeLock. The Tempe, Arizona company banks on these Read more…

The Aspirational Data Lake Value Proposition

Nov 24, 2014 |

The industry hype around Hadoop and the concept of the Enterprise Data Lake has generated enormous expectations reaching all the way to the executive suite. Yet, when trying to establish a Modern Data Architecture, organizations are vastly unprepared how to house, analyze and manipulate the massive quantities of data available. All too often, they believe the only requirement is to download the Hadoop software, install it on a bunch of servers, commence loading the Data Lake, unplug the enterprise Data Read more…

News In Brief

Google, Wireless Partner Look to Merge Cloud, IoT

Dec 2, 2014 |

Google Cloud Platform and Telit Wireless Solutions, an “enabler of the Internet of Things,” are joining forces to sponsor an IoT competition aimed at encouraging technology innovation around connected consumers and their devices. The IoT Big Data Challenge will encourage developers to submit new applications in business, consumer and “social well-being” categories. That third category includes new applications that would benefit society. The competition requires contestants to create web-based and mobile apps based on data from a wide variety of Read more…

AI Startup Raises $103.5M to Expand Development

Nov 25, 2014 |

Artificial intelligence startup Sentient Technologies said it would use the $103.5 million raised in its most recent funding round to expand its distributed AI products and services. San Francisco-based Sentient said Nov. 24 that the Series C funding round boosts the amount of venture funding raised so far to $143 million. Access Industries led the latest round along with Tata Communications. Existing investors include Horizon Ventures and a group of private investors in the financial, consumer and real estate sectors. Read more…

‘Datathons’ Emerge as Training, Recruitment Tool

Nov 24, 2014 |

As a big data ecosystem begins to flourish, “datathons” are emerging as a way to attract future data scientists since participants are required during competitions to collaborate with team members from other disciplines. The latest example comes from Ireland where a university working with a regional bank recently awarded a “big data prize” to a pair of brothers studying the commercial applications of computer science. The brothers, Sam and Jeremy Bowles, computer science students at the Dublin Institute of Technology Read more…

CNBC Looks to Scale Market Analytics

Nov 21, 2014 |

CNBC, the cable financial news channel, said this week it is joining forces with market analytics platform developer Kensho Technologies Inc. through a strategic investment and a content sharing agreement aimed at developing a new financial data analytics tool that adds another market ticker to the cable channel’s network feed. Terms of the investment and a separate content sharing deal were not disclosed. The deal is part of a strategic investment in Kensho by CNBC’s parent, NBCUniversal News Group. The Read more…

Teradata Has Hadoop Covered with MapR Partnership

Nov 19, 2014 |

Teradata completed a trifecta of sorts today when it announced a strategic partnership with MapR Technologies. The partnership comes on the heels of similar deals Teradata formed with the two other pure-play Hadoop providers, Cloudera and Hortonworks. But this deal is different insofar as what MapR can bring to the table, the new partners say. As part of the deal, Teradata will become a reseller for all of MapR‘s products and services, which is similar to the reseller deals it Read more…

This Just In

Red Hat Reports Third Quarter Results

Dec 19, 2014 |

RALEIGH, N.C., Dec. 19 — Red Hat, Inc., the world’s leading provider of open source solutions, has announced financial results for its fiscal year 2015 third quarter ended November 30, 2014. Total revenue for the quarter was $456 million, an increase of 15% in U.S. dollars from the year ago quarter, and 18% measured in constant currency. Constant currency references in this release are as detailed in the tables below. Subscription revenue for the quarter was $395 million, up 15% in U.S. dollars year-over-year, Read more…

Hortonworks Announces Pricing of Initial Public Offering

Dec 12, 2014 |

Dec. 12 — Hortonworks, Inc. has announced the pricing of its initial public offering of 6,250,000 shares of its common stock at a price to the public of $16.00 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on December 12, 2014 under the symbol “HDP.” All of the shares are being offered by Hortonworks. In addition, Hortonworks has granted the underwriters a 30-day option to purchase up to 937,500 additional shares of common stock Read more…

Qubole Secures $13M in Financing to Expand Big Data-as-a-Service Platform

Dec 10, 2014 |

MOUNTAIN VIEW, Calif., Dec. 10 — Qubole, a leading provider of Big Data in the cloud, announced today it has secured $13 million in series B financing led by Norwest Venture Partners, bringing the total investment in Qubole to date to $20 million. The funding builds on recent milestones from the company, including a partnership with Microsoft Azure to integrate Qubole Data Service (QDS) to Azure customers, and will be used to expand Qubole’s mission to help every company use the cloud to Read more…

Altiscale Raises $30 Million in Series B Funding

Dec 9, 2014 |

PALO ALTO, Calif., Dec. 9 — Altiscale, Inc., a leading innovator in Hadoop-as-a-Service (HaaS) solutions, today announced it has raised $30 million in Series B funding. This latest round of funding is led by Northgate, with participation from previous investors Sequoia Capital and General Catalyst Partners. This funding round brings total investment in Altiscale to $42 million. These resources will be used to extend the company’s lead within the HaaS market segment, one it pioneered. More specifically, they will be used to support the company’s Read more…

OpenText Signs Definitive Agreement to Acquire Actuate

Dec 5, 2014 |

WATERLOO, Ontario, Dec. 5 — OpenText Corporation, a global leader in Enterprise Information Management (EIM), today announced a definitive agreement to acquire Actuate Corporation – The BIRT Company, the leader in personalized analytics and insights. Under the terms of the agreement, which has been approved by the boards of directors of both companies, a newly formed, wholly-owned subsidiary of OpenText will commence a tender offer for all outstanding shares of Actuate for $6.60 per share in cash, for a total equity value of approximately $330 million, less Read more…