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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, 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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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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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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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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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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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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News

Follow @DataconomyMedia Hamburg, Germany, 24 June 2014 – The big data finance company Kreditech has closed a Series B round that raised 40 million USD in primary investment from new and existing global investors. This is the largest funding round ever for a German financial services technology company and one

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Big DataNews

Follow @DataconomyMedia In recent months, Chicago has received considerable attention due to its extensive use of technology and big data to improve public safety, transportation, energy and education. However, these efforts were just the beginning of the potential technological tools the city is looking to advance. The Chicago Tribune released

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Big DataNews

Follow @DataconomyMedia A report from The Chicago Council on Global Affairs was released this month aiming to tackle the question of how big data can be used in municipal and government decision-making. Using specific examples from the City of Chicago, the report suggests that as cities become more populated, officials will have to

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