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Ibm Awarded Top Spot In Gartner Security Solutions Ranking
News

In Gartner’s annual Magic Quadrant for Security Information and Event Management (SIEM) Technology report, IBM Security QRadar was ranked the highest among 15 different vendors. The report rates vendors on how their products address customers’ needs for security intelligence and analytic ranking them on their ability to execute and completeness

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Text Analytics Startup Luminoso Grabs $6.5 Million In Series A Funding
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Luminoso, a US-based text analytics startup, announced on Tuesday $6.5 million in Series A funding. The round was led by Acadia Woods, with participation from Digital Garage also. Luminoso grew out of MIT’s Media Lab and has developed artificial intelligence software that promises to help companies understand and derive meaning

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Data Center Provider Involta Raises $50 Million In Private Equity
News

Involta, a data center provider based in Iowa, announced on Tuesday that it has raised $50 million in private equity. The round was led by M/C Partners, with participation from Morgan Stanley. The company’s president, Bruce Lehrman, said that the money will be used to support its growth throughout the

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Ibm'S Chef Watson: Using Data To Delight Your Tastebuds
News

IBM’s Watson has garnered considerable attention since the computer first appeared in Jeopardy! in 2011. Indeed, Watson has made progress in all industry verticals – from helping with cancer care and research, to assisting wealth management professionals analyze their customer’s financial situations. In a short space of time, this supercomputer

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Databricks Raises $33 Million And Introduces Cloud Platform For Processing Big Data
News

Databricks, a start up that builds software around the popular open-source project Apache Spark, announced on Monday at this year’s Spark Summit in San Francisco that it has raised $33 million in Series B funding. The announcement also included the launch of a new cloud computing service on Amazon Web

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Kony, Inc. Selects Tibco Jaspersoft For Cloud-Based Analytics And Reporting
News

Palo Alto, CA, July 1, 2014 – TIBCO Software Inc. (NASDAQ: TIBX) today announced that Kony, Inc., a leading enterprise mobility company, is using TIBCO Jaspersoft® for Amazon Web Services to achieve embedded analytics within its mobile platform. Jaspersoft®, the “Intelligence Inside” applications and business processes, is used by Kony and

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Cambridge-Based Big Data Analytics Startup Raises $6.25M
News

Coherent Path, a cloud-based analytics platform designed for retailers to tailor their marketing efforts to individual customers, announced on Wednesday that it has raised $6.25 million in Series A funding. Sigma Prime and GrandBanks Capital led the investment round, with participation from CommonAngels. “The team at Coherent Path is excited

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Jaspersoft For Aws Surpasses 1,000 Active Customers
News

On Tuesday, TIBCO Software announced that more than 1,000 active customers have subscribed to the “pay-as-you-go” TIBCO Jaspersoft for AWS. The company also announced the general availability of its newly released Jaspersoft 5.6 on Amazon Web Services Marketplace. “Jaspersoft 5.6′s improved Big Data capabilities, increased performance and Visualize.js JavaScript API,

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Three Forecasts You Should Know: Big Data, Business Intelligence &Amp; Analytics
BI & AnalyticsNews

Follow @DataconomyMedia (Big Data) Hadoop Market Expected to Grow 25x by 2020: According to a report by Allied Market Research, the global market for Hadoop along with related hardware, software and services is expected to grow at a Compound Annual Growth Rate (CAGR) of 58.2 percent between 2013 and 2020.

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Rainstor Announces New Archive Application For Hadoop 2.0
News

Follow @DataconomyMedia RainStor, a database designed to manage and analyse big data, announced on Tuesday the availability of a new Archive Application for Hadoop 2.0 with its latest release of RainStor 6. The new feature is designed to make it easier for storage administrators to deploy an end-to-end solution on Hadoop

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