While the field of data science is not tied directly to Big Data, advances in one tends to produce advances in the other. Big Data increases our ability to harvest and process data, while data science allows us to dig into it for insights.
Success stories of how data-driven practices can revitalise businesses are rife today, but there are few as compelling as the story of Ford. In 2006, the legendary car manufacturers were in trouble; they closed the year with a $12.6 billion loss, the largest in the company’s history. As we reported
Global Supercomputer Leader Cray Inc. Awarded $80 million by King Abdullah University of Science and Technology (KAUST)
KAUST has selected a trifecta of Cray’s storage, analytics and supercomputing systems from global supercomputer leader Cray Inc in a $80 million contract. Cray’s Adaptive Supercomputing vision is focused on delivering innovative next-generation products that integrate diverse processing technologies into a unified architecture, allowing customers to meet the market’s continued
In a discussion on the future of computer science at Harvard University, former Microsoft CEO and alumni of Harvard- Steve Ballmer AB ’77, joined Harvard President Drew Faust and Cherry Murray, dean of the School of Engineering and Applied Sciences (SEAS), to discuss the topic. Ballmer expressed his excitement about
TOP DATACONOMY ARTICLES How Big Data Is Changing The Insurance Industry Forever Our guest contributor this week, Bernard Marr, looks at how big data could impact the insurance industry. He concludes that big data in insurance will mean insurers combining the data already available to them will be able to build up
Open source software has gained considerable traction of the past decade, with companies and organizations across the world investing millions in upgrading and adopting new open source technologies. Indeed, it is the flexibility, interoperability, customizability, and security of open source that makes it so appealing to companies. In fact, 1998,
The popularity of Cloud computing over the past few years has been nothing short of astronomical. Its promise of significantly reducing costs, shedding unnecessary hardware, and helping many businesses immediately chop redundancies is part of the reason why so many CIO’s are looking towards the Cloud. Yet, according to new
As the consumer and industrial world gets massively digitized Data products are being baked into critical processes at a very high rate. These data products distill signals from massive torrent of human generated and machine generated data to drive a front line action . At this point we wanted to
When it comes to this years big data funding stories, the first thing that probably comes to your mind is Intel’s $740 million investment in Cloudera, or MapR’s $110 million financing round led by Google Capital. You’ll also probably recall funding rounds of companies like Hotonworks, MongoDB, and DataStax too.
Intersec, a provider of monetization solutions for mobile operators through big data collection, has landed $20 million in a series B funding round from Highland Capital Partners Europe and other existing investors. With headquarters in Paris and New York, and offices in Dubai, Saint Petersburg, Singapore, Abidjan, Sao Paulo,Madrid, and
Selligy, a sales tools innovator, has revealed in its 2014 Sales Analytics Survey that the sales industry is on the cusp of a data-driven revolution, early last week. “Most sales leaders have been staring at the same CRM reports for a decade, and this survey shows that a wave of