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Dataconomy News Desk

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Research and Markets recently published their report on the Global HDaaS (Hadoop-as-a-Service) Market 2015-2019. They market, they believe will continue to grow at a CAGR of 84.81 percent over the period 2015-2019. Although many have been quick to claim the death of “big data” and the demise of Hadoop, adoption continues to

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Machine LearningNews

With the aim to offer a more nuanced content to the user, Pinterest have unveiled a machine learning tool that provides the user with the most personalized and relevant Pins. The ML tool, titled Pinnability, runs on smart feed, “and estimates the relevance score of how likely a Pinner will

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BI & AnalyticsNews

Cloud BI and Analytics outfit, Birst has announced garnering $65 million in a Series F funding round. The new capital will fuel further growth, international outreach, sales and marketing as well as development of product capabilities. This round, pointed out by the CEO to be the last before it goes

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News

Microsoft has revealed the next step in its foray into the Internet of Things. The Microsoft Convergence 2015 in Atlanta was witness to Microsoft CEO Satya Nadella unveil the Azure IoT Suite and an IoT integrated Windows 10 operating system. Azure is Microsoft’s open, enterprise-grade cloud computing platform.providing both IaaS

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BI & AnalyticsNews

Dataminr, a real-time information discovery outfit, has picked up $130 million in growth capital in a Series D funding round, it announced on Tuesday after Wall Street Journal broke the news. “This newly raised capital will enable Dataminr to meet the tremendous global demand for our products, expand into new

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News

Favor– who tout themselves as “the easiest way to get anything delivered”- has raised $13 million in a Series A funding round earlier last week. Founded two years ago in Austin, U.S., Favor now offers services in Boston, Dallas and Houston and the latest investment will help it grow into seven

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Data ScienceNews

Provider of data-driven applications and modern data management solutions for the enterprise, Reltio, has secured $10 million in a Series A funding. The capital came from Crosslink Capital and .406 Ventures. The venture funding is intended to fuel product development, and overall expansion of sales and marketing initiatives. Reltio also

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Data ScienceNews

Airbnb open sourced a web-based data exploration and SQL query tool for Hadoop called Airpal, built on Facebook’s PrestoDB, that enables query execution to facilitate data analysis, Thursday. Making the announcement, James Mayfield, product lead at Airbnb explains that working with SQL for ‘exploration and investigation’ is not easy. “Remembering

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BI & AnalyticsNews

Looker, an intuitive SaaS business intelligence tool provider that assists companies dealing in Big Data analytics, recently announced closing a $30 million Series B financing round. The round was spearheaded by Meritech Capital Partners, and saw participation from Sapphire Ventures, as well as existing investors Redpoint Ventures, First Round Capital,

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News

BBC has launched an initiative across UK to spawn a digitally aware generation that would be more proficient in coding, programming and digital technology. The initiative, entitled Make it Digital, intends to address the requirement of 1.4m digital jobs in the next five years. “BBC Make it Digital is hugely

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