Forest losses have again captured the public eye over the last year through a series of horrific fires in the Amazon, Australia and the West Coast of the United States. Globally, many losses – including the fires in the Amazon – are attributable to deforestation, particularly illegal deforestation. Read more…
The pandemic has accelerated the shift to digital financial services such as “open banking.” That has resulted in increased fraud, up an estimated 11 percent since the novel coronavirus hit.
What’s more, industry analysts say, defrauded customers are voting with their feet—to another bank or credit card service. Read more…
Diffbot is obsessed with knowledge. The Palo Alto-based knowledge-as-a-service company is on a quest to “build the first comprehensive map of all human knowledge,” according to its founder and CEO Mike Tung – and it’s doing that using a medley of machine learning methods to automatically crawl, index, and correlate the content of the internet. Read more…
Snowflake’s stock more than doubled today during its initial public offering, and the volatility was so great that stock market officials briefly halted trading in what the mainstream press is calling the largest ever IPO for a software company. Read more…
A database connector upgrade released this week by Aerospike Inc. links open source frameworks like Apache Spark data streaming to existing enterprise data infrastructure.
Among the goals is providing backward compatibility with mainframes and other relational data stores that are currently unable to handle data analytics and machine learning workloads. Read more…
AI is being rapidly deployed at companies across industries, with businesses projected to double their spending in AI systems in the next three years. But AI is not the easiest technology to deploy, and even fully functional AI systems can pose business and customer risks. Read more…
Varada, a data virtualization startup targeting big data query acceleration, announced a $12 million funding round this week as it ramps up its “zero data-ops” platform designed to prioritize analytics workloads via proprietary indexing technology
The Series A round announced on Tuesday (Sept. Read more…
In this monthly feature, we’ll keep you up-to-date on the latest career developments for individuals in the big data community. Whether it’s a promotion, new company hire, or even an accolade, we’ve got the details. Read more…
Fivetran wants to make it “stupidly simple” for customers to load data into cloud data warehouses, and judging from the company’s rapid growth, it seems to be working. Last week, the extract, transformation, and load (ETL) service company doubled-down on the simplicity mantra with a new plan that lets data customers pay by the sip. Read more…
In-memory data grids (IMDGs) historically have exceled in applications that require the fastest processing times and the lowest latencies. By adding a stream processing engine, called Jet, to its IMDG, Hazelcast is finding customers exploring new use cases at the cutting edge of high-performance computing. Read more…
In reporting modest revenue growth during its fiscal 2021 first quarter, Oracle Corp. emphasized that continuing growth hinges on the steady shift of its flagship database software and hardware technologies to the cloud.
Of particular note was the cloud database vendor’s assertion of strong demand for its Exadata data warehouse offering, which the company said last week is driving its hardware sales. Read more…
Odds are, if you worked in an office before COVID-19, your schedule looks a lot different now than it did then. With many companies continuing to rely on work-from-home (WFH) arrangements, making use of Zoom and other telemeeting apps, and shifting their production workflows, the clarity of the 9-to-5 workday has diminished somewhat over the last six months. Read more…
The rapid maturation of machine learning operations (ModelOps) tools is leading to a “breakout year” for ModelOps, Forrester says in a recent report.
The ML lifecycle is a potential nightmare for many organizations, write Forrester analysts Mike Gualtieri and Kjell Carlsson in an August report, titled “Introducing ModelOps to Operationalize AI.”
“This process takes too long and is fraught with technical and business challenges, just with one model,” the analysts write. Read more…
These are dark days for residents of the U.S. Pacific Coast—literally.
According to the New York Times, the Bear Fire near Oroville, Calif., “jumped an astonishing 230,000 acres overnight” between September 8 and 9, darkening the daytime skies over San Francisco and other large west coast cities. Read more…
It’s been a tumultuous year. In just the span of a few weeks, COVID-19 emerged unexpectedly and abruptly altered almost every corner of the commercial insurance space. Stock market and GDP forecasts have whipsawed as economists and investors have tried to make sense of frequently shifting news. Read more…
A new data storage framework for indexing on Apache Cassandra released this week by DataStax is aimed at easing adoption of cloud-native NoSQL databases by eliminating developers’ tradeoffs between scale, stability and performance.
Cassandra users increasingly employ indexes as a means other than a partition key to access data on Cassandra. Read more…
Don’t mistake Ben Horowitz as big fan of Hadoop. “The product was just never good,” the noted venture capitalist said today in a wide-ranging fireside chat with Sisu CEO Peter Bailis during the Future Data Conference. Read more…
If you work for the average company, you access information via nearly 90 different applications, according to a recent report. Good luck finding what you need. One way to increase the odds of finding the information you need is an emerging class of products called knowledge integration platforms, such as the one that Onna provides. Read more…
