Online learning management system Desire2Learn Inc. recently scored $85 million in its second round of funding. With the new funding, Desire2Learn intends to expand international outreach and invest in the development of its cloud-based learning software. “Unlike advertising and e-commerce, education is an industry that has just begun to use

IBM has had a bad quarter, again. For the tenth straight quarter IBM has reported falling revenue, acknowledging, last monday, failure to meet a key profit goal. Shares slumped as much as 8.4% to $166.69, breaching $170 for the first time in three years. The drop pushed IBM’s market capitalization

Data management specialists Peaxy have made their signature product, the Peaxy Hyperfiler generally available today. The general principle behind the Hyperfiler software is making massive amounts of unstructured data across complex data architectures immediately accessible and manageable. The Hyperfiler product was built with a particular industrial pain point in mind.

To infer the causal impact that a designed market intervention has exerted on an outcome metric over time has been a significant issue in econometrics and marketing. Last week, Google open sourced CausalImpact – a tool that will assist analysts in monitoring any measurable outcome with regards to products or

Argyle Data, a real-time fraud analytics startup, has rolled out its flagship anti-fraud software, alongside an announcement of $4.5 million in funding to help companies detect and combat fraud through machine learning and real-time analytics. Dubbed AgyleDB, the application taps NSA’s open source Accumulo database technology to “perform deep-packet inspection

We have a great lineup of news and articles this week for all you data enthusiasts. Firstly, a new survey from Gartner has shown that 73% of company’s have already invested or plan to invest in big data within the next 24 months, compared to last year’s 64%. We also saw

Nasuni, a cloud-integrated storage provider for the global enterprise that combines on-premise hardware with cloud storage, has struck a $10 million round of venture capital funding. Early investors like Flybridge Capital Partners, North Bridge Venture Partners and Sigma Partners, were joined by newer investors as they participated in this extension

This week, guest contributor Sean Farrington delved into the world of professional data scientists and chief data officers, looking to determine whether such roles were fact or fad. He ultimately concluded that data scientists and chief data officers are potentially very valuable to enterprises, but their value is limited if

Charting the next step in its Artificial Intelligence endeavour, Google has acquired two prominent Oxford startups to join the Google DeepMind team meanwhile making a substantial contribution to establish a research partnership with the Computer Science Department and the Engineering Department at Oxford University. Dark Blue Labs was founded earlier

Experts in the U.S. state of New Jersey believe that the conception of data sources and the resultant deluge of digital data is affecting all sectors of industry, academia and society. Underlying obstacles with the collection, management and analysis of troves of data sets permeate many industry sectors in New