Big Data

IBM Taps Global Network of Innovation Centers to Fuel Linux on Power Systems for Big Data and Cloud Computing

ibmCHICAGO, Aug. 22, 2014 /PRNewswire/ — At the LinuxCon North America conference last week, IBM (NYSE: IBM) announced it is tapping into its global network of over 50 IBM Innovation Centers and IBM Client Centers to help IBM Business Partners, IT professionals, academics, and entrepreneurs develop and deliver new Big Data and cloud computing software applications for clients using Linux on IBM Power Systems servers. Read more

Gartner Reports ‘Internet of Things’ Tops the Technology Hype Cycle

Gartner_2014-2Gil Press of Forbes reports, “Gartner released last week its latest Hype Cycle for Emerging Technologies. Last year, big data reigned supreme, at what Gartner calls the ‘peak of inflated expectations.’  But now big data has moved down the ‘trough of disillusionment’ replaced by the Internet of Things at the top of the hype cycle.  In 2012 and in 2013 Gartner’s analysts thought that the Internet of Things had more than 10 years to reach the ‘plateau of productivity’ but this year they give it five to ten years to reach this final stage of maturity. The Internet of Things, says Gartner, ‘is becoming a vibrant part of our, our customers’ and our partners’ business and IT landscape’.” Read more

Robert Bosch Venture Capital Leads $3.75 million Series A Round for Flybits

fly-300x85TORONTO, Aug. 20, 2014 /CNW/ – Flybits Inc., a Toronto start-up that has created a context-aware experience development platform for mobile environments, has closed a $3.75 million Series A financing. Led by Robert Bosch Venture Capital GmbH (RBVC) and Trellis Capital Corporation with participation from MaRS Investment Accelerator Fund and Ryerson Futures, Inc., the investment will advance the company’s product development and international growth in the United States and Europe.

Since spinning off from Ryerson University in 2012, Flybits has raised a total of $4.05 million to date, including a seed round from MaRS Innovation. Flybits technology has been used in developing smarter cities, connected stadiums, smart corporate campuses, shopping malls, conference venues and even fashion shows. The company also concurrently incubated its technology at the Ryerson Digital Media Zone in Toronto and Vodafone Xone in Redwood City, California. Read more

Syapse Selects SYSTAP’s Bigdata® as Semantic Database for Precision Medicine Data Platform

Syapse and BigData logosFor immediate release: 8/19/2014

WASHINGTON, D.C. – SYSTAP, LLC. today announced that Syapse, the leading provider of software for enabling precision medicine, has selected Bigdata® as its backend semantic database. Syapse, which launched the Precision Medicine Data Platform in 2011, will use the Bigdata® database as a key element of their semantic platform. The Syapse Precision Medicine Data Platform integrates medical data, omics data, and biomedical knowledge for use in the clinic. Syapse software is delivered as a cloud-based SaaS, enabling access from anywhere with an internet connection, regular software updates and new features, and online collaboration and delivery of results, with minimal IT resources required. Syapse applications comply with HIPAA/HITECH, and data in the Syapse platform are protected according to industry standards.

Syapse’s Precision Medicine Data Platform features a semantic layer that provides powerful data modeling, query, and integration functionality. According to Syapse CTO and Co-Founder, Tony Loeser, Ph.D., “We have adopted SYSTAP’s graph database, Bigdata®, as our RDF store. Bigdata’s exceptional scalability, query performance, and high-availability architecture make it an enterprise-class foundation for our semantic technology stack.”

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EverString Raises $12M to Bring Machine Learning to Clients

logo-esJonathan Vanian of GigaOM reports, “EverString, a big data startup that helps companies identify prospective sales leads and new clients though predictive analytics, has raised $12 million in a series A funding round. Lightspeed Venture Partners led the round, which also included existing investors Sequoia Capital and IDG Ventures. While there are a host of marketing analytics services in the market like Silverpop and Eloqua that businesses use to aggregate numerous sales leads and find potential customers, EverString’s technology goes beyond whatever data is hosted internally within a company and branches out to the open web, explained EverString’s co-founder and CEO, Vincent Yang.” Read more

Startup Adatao Raises $13M to Bring Search to Big Data

adataoDeborah Gage of The Wall Street Journal reports, “Making big data stores as easy to search as Internet data has been a holy grail for the software industry, and it’s become a more pressing problem since the growth of the big data software Hadoop, which holds enormous amounts of data. Adatao Inc., a startup based in Sunnyvale, Calif., has raised nearly $13 million in Series A funding led by Andreessen Horowitz to take on the challenge. Founded in 2012 by veterans of Google Inc., Yahoo Inc. and the Army Research Lab, the company combines machine learning, natural language processing and in-memory (i.e. fast) computing to create a system in which users can write queries in ordinary English or one of several computer languages-—Smart Query, SQL, Scala, Java, Python or R–and get results in less time than it takes to speak their questions.” Read more

Big Data Holds Great Power, But Only if You Know How to Mine It

27498728_b84f8817aaChloe Green of Information Age recently wrote, “Handling immense data sets requires a combination of scientific and technological skills to determine how data is stored, searched and accessed. In science, the importance of data scientists in ensuring that data is handled correctly from the outset is not underestimated; other industries can learn from the scientific approach. Text-mining tools and the use of relevant taxonomies are essential. If we think about big data as a huge number of data points in some multi-dimensional space, the problem is one of analysis, i.e. frequently finding very similar or very dissimilar points which cannot be compared. In life sciences, taxonomies assign data points a class, thus comparison of two points is as easy as looking up other data points in the same class.” Read more

How Natural Language Processing and Big Data are Making Sense of Consumer Behavior

ATTENSITY LOGODana Gardner of CRM Buyer recently wrote, “The power of Big Data technology is being successfully applied to understanding such complex unknowns as consumer sentiment and even intent. That understanding then vastly improves how retailers and myriad service providers manage their users’ experiences — increasingly in real time. Fortunately, today’s consumers are quite willing to share their intents and sentiments via social media, if you can gather and process the information. Hence the rapidly developing field of social customer relationship management, or Social CRM.” Read more

Teradata Has Acquired Revelytix and Hadapt

teradataSAN DIEGO — Teradata (NYSE: TDC), the analytic data platforms, marketing applications, and services company, today announced two acquisitions that accelerate the growth of its big data capabilities.

On July 16th, Teradata acquired assets of Revelytix, a leader in information management products for big data with unique metadata management technology and deep expertise in integrating information across the enterprise. On July 17th, Teradata acquired assets of Hadapt, including experienced big data technologists and intellectual property.  Read more

Why the Role of the Data Scientist is Growing

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Kevin Casey of Information Week recently wrote, “Old-school organizations will fuel the next swell of data-driven initiatives in IT. So what’s in store for the early movers and, specifically, their big-data professionals? How will the data scientist and similar roles evolve? ‘The role is becoming bigger,’ said Olly Downs, chief scientist at big-data analytics firm Globys, in a recent interview. By bigger, he means in every way — what was once a niche is now, at least in some companies, a driving force.” Read more

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