BigPanda, a California based startup that works on a cloud-based software-as-a-service model (SaaS) towards helping enterprises understand IT incidents popped out of stealth mode earlier last week to garner $7 million in Series A funding from Mayfield and Sequoia and has now officially launched the world’s first data science platform

The opening of 15th annual Intel Capital Global Summit yesterday saw Intel Corporation’s global investment wing, Intel Capital, reveal its plan to invest in 16 companies with various innovative technology portfolios, including Big Data and Cloud Infrastructure outfits. Pledging an amount approximating $62 million, Arvind Sodhani, president of Intel Capital

SpaceCurve, a geospatial and location data analytics firm and AirSage, a population analytics innovator have signed into an alliance to enable marketing and entertainment companies glean consumer behaviour insights based on time, location, motion, sensor data, and other attributes. “Companies and organizations have been clamoring for Big Data to deliver

LinkedIn, the social networking company with one of the world’s first pioneering data science teams, has split its crew to be placed under different departments. The data science team which had worked in the product division, had consisted of two branches through the years – the product data science team,

Second Spectrum, a sports analytics startup has developed a software that enhances audience viewership through data visualisations and live-statistics during the game, in real time. Garnering support from former Microsoft Chair and New Clippers owner Steve Ballmer, the Second Spectrum’s proprietary software system was debuted at Staples Center for the

Summary: In the past, R seemed like the obvious choice for Data Science projects.  This article highlights some of the issues, such as performance and licensing, and then illustrates why Python with its eco-system of dedicated modules like Scikit-learn, Pandas and others has quickly become the rising star amongst Data

The U.S. Federal Government has been taking notable strides in its drive towards reining expenditure on energy within Government agencies without hampering functionality. And experts believe leveraging Big Data, among other methods is the way to bring about changes. Sharon Burke, a senior adviser at the New America Foundation and

Joyent, a cloud computing outfit, has landed $15 million in funding with the intentions to “accelerate the adoption of application containers in the enterprise.” There was participation from existing investors like Intel Capital, Orascom TMT Investments, El Dorado Ventures, EPIC Ventures, LGI Ventures and others in this round. Virtual machines

IBM has brought forth its latest offering – Watson Explorer – touting cognitive capabilities. Released early last week, it claims to be a powerful combination of data exploration and content analytics capabilities. An IBM news release explains : “Watson Explorer advances data exploration by bringing cognitive capabilities, providing users with a 360-degree view

With all the excitement around how companies are using data today, it’s hard for anyone outside of a job specifically dealing with data to know how to effectively use it for their day to day work. Yet, there isn’t a single career that isn’t impacted by the use and understanding