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Big Data’s Dirty Little Secret

Jul 2, 2015 |

The twin phenomena of big data and machine learning are combining to give organizations previously unheard of predictive power to drive their businesses in new ways. But behind the big data headlines that tease us with tales of amazing insight and business optimization lurks an inconvenient truth: raw data is very dirty and requires an enormous amount of effort to clean. Data scientists are undoubtedly the rock stars of the big data movement, as they use their keen understanding of Read more…

DDN Tackles Enterprise Storage Needs as ‘Wolfcreek’ Looms

Jun 30, 2015 |

When it comes to keeping supercomputers fed with data, there are few storage makers that can keep up with Data Direct Networks. But increasingly, DDN is feeling pressure from enterprises that are struggling to keep up with the ongoing data explosion and mixed I/O workloads. That’s where DDN’s forthcoming high-end storage array for the broader enterprise market, codenamed “Wolfcreek,” comes into play. Wolfcreek is DDN‘s next generation converged architecture for enterprise customers. The system borrows technology from DDN’s SFA12k line Read more…

Going In-Memory? Consider These Three Things First

Jun 25, 2015 |

Businesses, large and small, know that if they aren’t using the data they collect in some kind of intelligent way, their companies will be out of business in a few short years. Quickly turning data into business insights is downright essential to increasing and retaining customers as well as delivering new products and services. You know how online retailers have those flash sales and replace items that have sold out with similar ones as shoppers are viewing the screen? They Read more…

How Apache Spark Is Helping IT Asset Management

Jun 24, 2015 |

There’s been a lot of energy focused on how big data technology can improve the sales, marketing, service, and support departments of corporations. Tools like Hadoop, Spark, and NoSQL databases are changing the rules for how work gets done, and it’s very exciting. But big data tech is slowly creeping into the IT department itself, which might need it most of all. While the typical IT department may be familiar with big data concepts and technologies, they’re typically working with Read more…

Data Lake Showdown: Object Store or HDFS?

Jun 23, 2015 |

The explosion of data is causing people to rethink their long-term storage strategies. Most agree that distributed systems, one way or another, will be involved. But when it comes down to picking the distributed system–be it a file-based system like HDFS or an object-based file store such as Amazon S3–the agreement ends and the debate begins. The Hadoop Distributed File System (HDFS) has emerged as a top contender for building a data lake. The scalability, reliability, and cost-effectiveness of Hadoop Read more…

News In Brief

Kyvos Debuts OLAP for Hadoop

Jun 30, 2015 |

Many technology pros view OLAP as a legacy technology, a holdover from the days of data warehousing that doesn’t have a place in today’s big data world. But several startups are fighting to change that perception, including Kyvos Insights, which today unveiled its OLAP-on-Hadoop solution. Twenty years ago, online analytical processing (OLAP) was the center of many enterprise data warehouse (EDW) initiatives. The technology, which is largely synonymous with the term “multi-dimensional database,” gave organizations a way to pre-index and Read more…

Consortium Makes Business Case For R Language

Jun 30, 2015 |

As more data scientists and researchers embrace the R programming language and statistical computing environment, the Linux Foundation has moved to strengthen the user community and, with it, the development of more business applications through a collaborative development initiative called the R Consortium. Founding members of the R Consortium include Alteryx, Google, Hewlett-Packard, Mango Solutions, Microsoft, Oracle, RStudio and Tibco Software, the Linux Foundation announced on Tuesday (June 30). Microsoft and RStudio were listed as “platinum” members. The open source Read more…

Apache Spark: Now Offered on Amazon EMR

Jun 22, 2015 |

The number of places you can run Apache Spark increases by the week, and last week hosting giant Amazon Web Services announced that it’s now offering Apache Spark on its hosted Hadoop environment. The addition of Spark will give Amazon Elastic MapReduce (EMR) customers access to another big data processing engine to run, in addition to the ones already running, including Hive, Pig, HBase, Presto, and Impala, among others. While this is not the first time Apache Spark has graced Read more…

IBM, Databricks Join Forces to Advance Spark

Jun 15, 2015 |

IBM has jumped on the Apache Spark bandwagon, revealing it would throw its considerable weight behind the open source in-memory processing framework that has been gaining momentum over the last year. Separately, Databricks, the company formed by the creators of the analytics engine, released Apache Spark 1.4 that includes the SparkR API, its first new language API since 2012. IBM said Monday (June 15) it would integrate Spark software into the “core” of its analytics and commerce platforms while offering Read more…

Accenture Analytics Apps Target ‘Domain Experts’

Jun 11, 2015 |

Among the largest consumers of data analytics is the financial services sector. As vendors tout new analytics platforms for the masses that push tools deeper into organizations and beyond data scientists, even management consultants are getting into the act. Among them is Accenture Analytics, the big data arm of management consultant and technology services giant Accenture. Its analytics unit rolled out a batch of big data applications this week aimed at placing market insights at the “fingertips” of more corporate Read more…

This Just In

Prevedére Raises $6.7 Million to Fuel Big Data Predictive Analytics Solution

Jun 30, 2015 |

COLUMBUS, Ohio, June 30 — Prevedére, a leading big data predictive analytics solution, today announced that it has closed a $6.7 million Series A led by PointGuard Ventures. The investment in Prevedére will be used to accelerate go-to-market strategies and product development. Since its founding 2012, Prevedére has seen rapid expansion of its customer base, with 266% year-over-year growth. Prevedére’s patent-pending software helps companies increase profits and outperform competition by identifying and leveraging external economic performance drivers. Ultimately, Prevedére enables its customers to improve forecast Read more…

Guavus Raises $30 Million in Funding

Jun 25, 2015 |

SAN MATEO, Calif., June 25 — Guavus Inc., a leading provider of big data analytics applications for operational intelligence, today announced it has raised $30 million of new funding from new and existing investors. With this new round of funding, Guavus will bolster its presence and offerings in the Communications Services Provider (CSP), Cable & Media customer base and further expand into the industrial Internet of Things (IoT) market where sensor-generated streaming data is transforming key industries such as Logistics, Mining, Oil & Gas, Read more…

Enigma Raises $28.2M in Series B Funding

Jun 23, 2015 |

NEW YORK, N.Y., June 23 — Enigma, a data discovery and analytics company enabling better decision-making by organizations and individuals, announced today that it has secured a $28.2 million Series B funding round led by New Enterprise Associates (NEA) with participation from Two Sigma Ventures and New York City Investment Fund, as well as existing investors American Express Ventures, Comcast Ventures and The New York Times Company. Founded in 2011, Enigma is known for providing users the ability to search, discover Read more…

AtScale Raises $7M in Funding

Jun 23, 2015 |

SAN FRANCISCO, Calif., June 23 — AtScale, Inc, the first company to allow business users to do BI on Hadoop, announced today that it has raised a Series A round of $7M. Led by UMC Capital, this round also saw the participation of AME Ventures as well as Storm Ventures and XSeed Capital, who co-led the company’s seed round in 2013. To find out more about AtScale, go to http://www.atscale.com/try. “We invest in companies that can drive massive industry shifts. AtScale is the technology that can connect the millions Read more…

Tamr Receives $25.2 Million in Financing

Jun 19, 2015 |

CAMBRIDGE, Mass., June 19 — Tamr, Inc., the company co-founded by database pioneer and 2014 ACM A.M. Turing Award winner Michael Stonebraker, Ph.D., today announced that it has raised $25.2 Million in Series B financing from Hewlett Packard Ventures, Thomson Reuters, MassMutual Ventures, the corporate venture capital arm of Massachusetts Mutual Life Insurance Company (MassMutual), and others.  Current Tamr investors NEA and Google Ventures also participated in the round. Tamr will use the funds to significantly grow sales as well as product engineering for Read more…