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What’s Hot This Summer: Data Science Bootcamps

Jun 23, 2016 |

Summer is here and temperatures are rising. While some of us take vacations or cool off at the beach, prospective data scientists are heating up their job prospects by participating in one of a growing number of data science bootcamps. Bootcamps of all types are growing quickly. According to Course Report, a website that tracks bootcamps, the number of graduates from the country’s 91 full-time coding bootcamps will grow by 60 percent this year, increasing to 17,966 graduates accounting for Read more…

Avoid These Five Big Data Governance Mistakes

Jun 22, 2016 |

If you’re embarking upon a big data project, then you’re likely running into one or more data management challenges. The decisions you make regarding how you enforce data governance and how you control data flows can make or break your project. Here are five data governance mistakes you should avoid: 1. You Have No Data Governance Strategy If you said to yourself, “Huh, what’s data governance?” then you’re likely making this mistake. Data governance refers to an overarching strategy that Read more…

Beyond Titan: The Evolution of DataStax’s New Graph Database

Jun 21, 2016 |

DataStax’s 2015 acquisition of Aurelius–the company behind the TitanDB graph database–was a clear statement about the importance of graph databases to Cassandra customers. Today marks the official announcement of DataStax Enterprise Graph, which the company is counting on to solve a number of operational and analytic problems for its customers, even if the database doesn’t look much like TitanDB anymore. When DataStax started incorporating the Aurelius development team and the TitanDB code in the spring of 2015, the DataStax development Read more…

Is Spark Overhyped?

Jun 16, 2016 |

There’s no doubt that the Apache Spark phenomena has taken the big data world by storm. But can the technology actually deliver according to the tremendous hype that is accompanying it, or has it been oversold? There were some interesting takes on that question during last week’s Spark Summit. Thomas Dinsmore, an analytics consultant who has worked with companies like IBM (NYSE: IBM), SAS, AT&T (NYSE: T), and Citibank (NYSE: C) over his 30-year career in analytics, made valuable points on the Spark Read more…

Speak Easy: Why Voice Data Is Poised for Big Growth

Jun 14, 2016 |

Thanks to continued improvements in the accuracy voice recognition technology, we’re closer than ever to having a natural conversation with computers, without the interaction devolving into a frustrating, phone-throwing experience. As Mary Meeker explains in her recent Internet Report, we could be near an inflection point for voice-based interactions. When Apple (NASDAQ: AAPL) first launched Siri on iPhones four years ago, the personal assistant was a bit of a novelty. It was fun to ask Siri off-the-wall questions and see Read more…

News In Brief

Cognitive Platform Sharpens Focus on Unstructured Data

Jun 21, 2016 |

Big data platform vendors are increasingly focusing on churning through unstructured data, especially for text, audio and even security applications like insider threat analysis. Among the companies emerging in this industry segment is Digital Reasoning, a well-connected cognitive computing company that has helped the U.S. military track terrorists online while working with financial markets to spot insider trading. The company, which recently expanded beyond the Capital Beltway to Nashville, rolled out the latest version of its Synthesys cognitive computing platform Read more…

Proliferation of Data Driving Machine Learning

Jun 16, 2016 |

Machine learning is a hot topic, but what applications is the technology driving and what drives machine learning? The short answer, concludes a new research report on machine learning, is data—lots of data. “Data is available in volumes never dreamed of, which means the algorithms have more to get their teeth into,” concluded a survey by market watcher 451 Research, noting that “machine learning lives or dies depending on the quantity and quality of the data available.” Moreover, the rise Read more…

Gartner: Role of Analytics in Security is Growing

Jun 15, 2016 |

As corporate and, more recently, university IT networks are bombarded with malicious code and other forms of cyber attacks, network managers are being forced to rely more heavily on a range of emerging security technologies to monitor suspicious activity on networks and cloud infrastructure. Among the leading approaches to infrastructure security are tools for securing cloud access along with “endpoint” solutions designed detect and respond to breaches along with signature-based approaches to funding off malware. Increasingly, however, user and behavioral Read more…

AI is Coming, Prompting New IT Security Concerns

Jun 10, 2016 |

Intelligent, often autonomous, systems are making headway in the datacenter as developers seek to offload manual processes and move beyond traditional approaches like prescriptive IT automation as they struggle to keep up. That’s the conclusion of a vendor-backed survey of IT executives about the adoption of intelligent machines and systems based on new AI approaches and other expert systems. Still, the survey sponsored by IT management software specialist Ipswitch notes that early adopters of automated systems are struggling to gauge Read more…

Another AI-Based Security Startup Gains Funding

Jun 8, 2016 |

Advanced data analytics and AI techniques such as cognitive intelligence and deep machine learning are finding new applications in the drive to understand and respond to a growing range of cyber security threats as they unfold. Among the latest AI startups to attract early investment backing is Los Angeles-based Armorway, which announced a $2.5 million seed funding round this week to be used to extend its AI platform. The patented technology is touted as delivering a range of analytics capabilities Read more…

This Just In

Cask Receives Strategic Investment From Ericsson

Jun 23, 2016 |

PALO ALTO, Calif., June 23 — Cask, the company that makes building and deploying big data applications easy, today announces a strategic investment by Ericsson (NASDAQ: ERIC). The strategic minority investment will help accelerate delivery of Cask’s Apache Hadoop-based solutions and services for a range of vertical industries. Cask has developed the Cask Data Application Platform (CDAP), an open source framework for rapidly delivering enterprise solutions on Hadoop and Apache Spark. It integrates and abstracts underlying infrastructure technologies to provide a simple Read more…

Databricks Secures Strategic Investment From In-Q-Tel to Deliver Cloud-Based Apache Spark Platform

Jun 21, 2016 |

SAN FRANCISCO, Calif., June 21 — Databricks, the company behind Apache Spark, today announced a strategic partnership agreement with and investment from In-Q-Tel, Inc. (IQT). IQT is the investment organization that identifies innovative technologies to support the mission of the U.S. Intelligence Community. Through this strategic partnership, Databricks will extend Apache Spark’s position as the leading processing engine built for speed, ease of use, and sophisticated analytics by delivering a cloud-based Spark platform that supports the operational requirements of the U.S. Read more…

Accenture Launching New Advanced Analytics Applications

Jun 15, 2016 |

June 15 — Accenture (NYSE: ACN) is launching seven new advanced analytics applications to help organizations more effectively detect and remediate fraud, and ultimately reduce losses to improve their bottom lines. Designed specifically for banks, telecommunications companies, government agencies and manufacturers, the applications provide users with tailored analytics insights via visualizations that can enable more confident, data-driven decisions on strategies to address fraudulent activity. “As fraudulent behavior can come in many different forms and morph quickly to stay under the Read more…

WorldQuant Ventures Invests in Cycle Computing

Jun 13, 2016 |

OLD GREENWICH, Conn., June 13 — WorldQuant Ventures, an angel investment firm focused on disruptive companies in technology, with a particular focus on data and finance, today announced it has invested in Cycle Computing, the leader in Big Compute software, specializing in managing simulation, analytics and Big Data workloads. WorldQuant Ventures’ investment allows Cycle Computing to expand access for financial services companies to flexible and affordable cloud-based computing solutions. “We are excited to announce our investment in Cycle Computing,” said Steven Lau, Managing Director at Read more…

Qumulo Raises $32.5M in Series C Funding Round

Jun 3, 2016 |

SEATTLE, Wash., June 3 — Qumulo, the leader in data-aware scale-out NAS, announced today that it has closed $32.5 million in a Series C funding round. The oversubscribed funding round included participation from new investors Allen & Company, Top Tier Capital Partners, and Tyche Partners, and existing venture investors Kleiner Perkins Caufield & Byers (KPCB), Madrona Venture Group, Highland Capital Partners, and Valhalla Partners. To date, Qumulo has raised $100 million. Qumulo will use the proceeds to extend its market presence Read more…