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IT services firm, Atos, is set to purchase its French counterpart Bull in an attempt to secure its place as the top cloud computing and cybersecurity company in Europe. The deal is believed to be worth €620 million ($845 million) and is expected to close at the end of this

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Across the mining sector, increasing production costs in Australia are impacting operators’ competitive advantage. However, big data and operational intelligence can help drive sustainable productivity increases in mining, according to a Deloitte report. The recent mining boom created favourable conditions for investment and expansion of mining operations whilst “masking some

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According an InformationWeek report, salaries for business intelligence and data warehousing professionals are stagnating, whereas big data analytics experts and data scientists are at the top of the pay-scale. The survey, which was conducted from November 2013 to February 2014, included 410 staff and 336 managers. The results showed that

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Vinod Khosla, the founder of Khosla Ventures and co-founder of Sun Microsystems, said last Friday that the best way to improve healthcare is to get rid of most doctors. The comment was made during a one-hour keynote speech at Stanford University School of Medicine’s Big Data in Biomedicine Conference. “Biological

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Researchers from the Allen Institute of Artificial Intelligence and the University of Washington are aiming to take machine learning to the next level with system LEVAN. Rather than learning a specific concept, LEVAN aims to Learn EVerything about ANything (hence the name). Unlike most machine learning projects, which learn either

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IBM announced yesterday that it would be introducing three new cloud-based apps – IBM Concert, Project Catalyst and OpenPages — to help decision makers with big data analytics. The announcement was made yesterday at the Vision 2014 conference for finance and risk management in Orlando, Florida. The new cloud-based apps

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FinanceNews

Context Relevant, a predictive analytics startup, announced yesterday that it has raised $21 million in Series B funding. Formation 8 led the Series B investment, with participation from a large unnamed bank, an unnamed insurance agency, Bloomberg Beta, Madrona Venture Group and Vulcan Capital. Although there are a number of

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IBM and FujiFilm announced on Monday that their researchers have broken the world record in the amount of data that can be stored per square inch on Linear Tape-Open (LTO) cartridge. IBM’s demonstrations showed that FujiFilm’s “double-coated” tape could store 85.9 billion bits per square inch on areal data density

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Microsoft announced yesterday that they have agreed to extend their partnership with SAP to improve big data, cloud computing and enterprise mobility. The partnership will enable SAP applications to be available on Microsoft Azure as well as Excel being connected to SAP BusinessObjects. “For our customers, SAP and Microsoft are

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Nigeria telecommunication operators will be competing to upgrade their big data technologies over the next few years to ensure they will effectively predict consumer behaviour, buying habits and choices of their customers. According to a recent article in Leadership, the big data market is valued at more than $200 billion.

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