
Machine Learning & BI Startup Graphlab Becomes Dato, Picks Up $18.5m in Fresh Investments
Machine learning & analytics startup GraphLab garnered $18.5 million in Series B funding round led by Vulcan Capital, with participation from Opus Capital Ventures and existing investors New Enterprise Associates (NEA) and Madrona Venture Group. The outfit also changes its name from GraphLab to Dato. “Our company was founded on

Retail Giant Tesco Sells Data Science Operations During Profit Slump
Tesco, the Britain based multinational retailer is pulling the plug on its data science, content and service provision endeavour in order to compensate for a dismal Christmas performance with a 0.3% dip in sales and a largely unproductive year. We reported last year that Tesco was a pioneer of data

Data Mining Tops LinkedIn’s List of the Hottest Skills in 2014
The list for 25 Hottest Skills of 2014 that got people hired according to the business networking service provider, LinkedIn, came out mid-December last year, and there has been a significant shuffling since 2013. What came out on top as the number one on this list was Statistical Analysis and

NVIDIA’S DRIVE PX Platform to Pave Way for Self-Driving Cars Using Deep Learning
Nvidia, Pioneers of visual computing have launched the Drive PX platform for cars which will take self- piloted cars to the next level. It was unveiled at the International Consumer Electronics Show in Las Vegas. The DRIVE PX platform is based on the NVIDIA Tegra X1 processor, enabling smarter, more

Libraries Get Cutting Edge Tech with iBeacons
Capira Technologies has launched iBeacon powered app for libraries which provide patrons with a more personalised experience. Beacon Integration allows libraries with CapiraMobile Apps to interact with their patrons using indoor micro location services over Bluetooth. iBeacons are currently used in many retail locations to interact with customers, but are

10 Big Data Stories You Shouldn’t Miss this Week
TOP DATACONOMY ARTICLES Python Packages For Data Mining “Just because you have a “hammer”, doesn’t mean that every problem you come across will be a “nail”.The intelligent key thing is when you use the same hammer to solve what ever problem you came across. Like the same way when we

Berlin’s Data Science Retreat Become New European Launchpad for Data Science Careers
In Europe, startups and established corporations alike are tapping into the power of data science. However, putting the right team together to your business’ data sciences problems remains challenging, as the talent scarcity continues. This is, of course, good news for data scientists; those who combine expertise in machine learning &

Silver Spring Networks Goes into Agreement with Detectent for a Q1 Acquisition
Silver Spring Networks the Redwood City, U.S. based smart grid products innovator is acquiring privately held provider of utility data analytics solutions, Detectent Inc. “As a recognized industry leader, Detectent is delivering innovative data analytics solutions to some of the leading U.S. utilities,” noted Scott Lang, Chairman, President and CEO,

Meet Apache Samza – LinkedIn’s Stream Processing Framework
With the advent of Big Data and the rapidly growing scale of web-applications, monolithic relational databases were replaced by scalable, partitioned, NoSQL databases and HDFS; individual queries to relational databases were replaced by the likes of Hive and Pig. This growing scale and partitioned consumption model brought about by these

What’s The Difference Between Supervised and Unsupervised Learning?
Wiki Supervised Learning Definition Supervised learning is the Data mining task of inferring a function from labeled training data.The training data consist of a set of training examples. In supervised learning, each example is a pair consisting of an input object (typically a vector) and a desired output value (also called