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Gartner Study Shows That Global Investment In Big Data Is Set To Increase Again
Big DataNews

The investment in Big Data technologies is set to continue according to a recent survey by Gartner. The key findings of the survey point out that 73 percent of respondents have either already invested or plan to invest in big data within the next 24 months, compared to last year’s 64

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Verdafero Adopts Ibm Bluemix To Strengthen Utility Analytics Development
Energy & EnvironmentNews

Utility Consumption Analytics outfit, Verdafero, has announced the utilization of IBM’s open cloud platform, Bluemix to power its analytics platform. “Switching our development to the Bluemix platform has been a game changer,” noted Dr. Alastair Hood, CEO, Verdafero. “We wanted a solution that would allow our infrastructure to grow and

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Data Enrichment Startup Crowdflower Secures $12.5M In Series C Funding
Data ScienceNewsStartups

Crowdfunded data enrichment platform CrowdFlower, scooped up $12.5 million in Series C financing earlier this week. The round was led by Canvas Venture Fund and saw participation from existing investors Bessemer Venture Partners and Trinity Ventures, bringing the total amount raised by the company to $28 million. Rebecca Lynn, the

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Data Breach In The U.s. Continues As Latest Victim, Jimmy John’s, Confirms Card Info Theft
NewsRetail & Consumer

U.S. sandwich restaurant chain Jimmy John’s reported last week of a possible theft of its customers’ credit and debit card information at 216 of its stores and franchised locations. “The credit and debit card information at issue may include the card number and in some cases the cardholder’s name, verification

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The Week In Big Data- 22Nd September, 2014
Uncategorized

More funding rounds, announcements and big data articles this week — and it’s just as good as ever! The week started off with a pretty big announcement as Hazlecast picked up $11 Million in funding, spearheaded by Earlybird Venture Capital. The funding stories poured in throughout the week as we

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Ibm’s Watson Analytics In A Freemium Model, Fine Tuned To Make Cognitive Computing Accessible To The Masses
BI & AnalyticsNews

In a major announcement this week, IBM has released Watson Analytics, a service that will give businesses — both large and small — access to natural language tools and predictive algorithms on a freemium pricing model. It will be a cloud-based service designed to run on desktop and mobile devices. Calling it

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Study Reveals 43% Of Companies Experienced A Data Breach In The Past Year
News

A study, conducted independently by Ponemon Institute with Experian Data Breach Resolution, reports that the frequency and magnitude of computer security breaches at U.S. companies is rising. Equally alarming is the fact that 27% of the companies lack a data breach response strategy. Ponemon Institute that conducts independent research on

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Cisco Keen On Metacloud Acquisition To Reinforce Its Intercloud Strategy
Data ScienceNews

It was revealed yesterday that networking giant Cisco is in talks to acquire Private OpenStack cloud service innovator, Metacloud. With an aim boost its strategy towards building the world’s largest global Intercloud – a network of clouds – Cisco has been mobilizing significant technology partners, service and cloud providers, integrating

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Big Data Analytics Startup Context Relevant Receives $13.5M From Goldman Sachs And Bank Of America
BI & AnalyticsNews

Four months ago, Dataconomy reported a funding story on Context Relevant, a predictive analytics company that managed to raise $28 million in funding within just 28 months. The success stories relating to the company, however, continue to pour in as it was revealed yesterday that the predictive analytics firm has

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Splunk Named A Leader In Experton Group Big Data Vendor Benchmark 2015
News

Splunk Inc. (NASDAQ: SPLK), the leading platform for real-time Operational Intelligence, today announced that it has been rated ‘Big Data Leader 2015’ in five of the benchmark categories in the Experton Group ‘Big Data Vendor Benchmark 2015’ report. The analyst firm, a fully integrated research, advisory and consulting house for

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