Collibra snags $58 M Series D led by Iconiq and Battery Ventures to simplify data governance

 Collibra, a company that wants to help firms understand data governance, announced a $58 million Series D funding round today led by Iconiq Capital and Battery Ventures. All of the investors involved in this round were coming back for another dip in the well. In addition to Iconiq and Battery Ventures, early Collibra investors Dawn Capital, Index Ventures and Newion Investments also participated. Read More

Has music lost that loving feeling?

Over past few months, I have become strangely obsessed with reconnecting to music, listening, curating and most importantly experiencing it, much like I used to about a decade ago. In the years that intervened, like many, I too succumbed to the charms of streaming music…. the sheer ease of accessing music, anytime, anywhere on any device made perfect sense. The downside of streaming was that the music was optimized to meet the vagaries of the broadband networks, and as such, we moved away from the idea of music from say a compact disc. But the end of our love affair with music began even before shitty headphones and low-resolution audio streams. Formats and devices have nothing to do with music, art, and creativity — what matters is the human relationship to creativity.  Continue reading "Has music lost that loving feeling?"

Can Predictive Data Revolutionize Capital Markets?

Can Predictive Data Revolutionize Capital Markets?

Can Predictive Data Revolutionize Capital Markets?

For investors around the world, the information age presents a double-edged sword. On one hand, all this data can be harnessed to make intelligent and timely investment decisions. However, with data growing at exponential rates, this also means that there is a lot of noise – and finding the right signal can be like looking for a needle in a haystack. Today’s infographic from Mergalim shows how the power of predictive data analytics is growing, and using tools like AI and Bayesian inference to anticipate the outcome of events before they happen is more feasible and applicable than ever.

The Big Data Landscape

Before we get into predictive analytics, let’s look at what investors are up against in the first place. Volume: The rate of data creation is accelerating so fast, that in 2017 there will be more data created than the previous 5,000
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Continue reading "Can Predictive Data Revolutionize Capital Markets?"

AWS announces two new EC2 instance types

 At the re:Invent customer conference in Las Vegas today, AWS announced two new instance types designed for specific kinds of applications. The first is a generalized EC2 instance designed for developers who are trying to get a feel for the kinds of resources their application might require. These new M5 EC2 instances offer a set of typical resource allocations with optimized compute, memory… Read More

Microsoft makes Databricks a first-party service on Azure

 Databricks has made a name for itself as one of the most popular commercial services around the Apache Spark data analytics platform (which, not coincidentally, was started by the founders of Databricks). Now it’s coming to Microsoft’s Azure platform in the form of a preview of the imaginatively named “Azure Databricks.” Read More

ActionIQ nabs $30M led by A16Z to bring big data targeting to marketers

 The trend of using big data analytics to glean more targeted insights for your business continues to be democratized, with an increasing number of startups hitting the market to help those who are not data scientists nor engineers take advantage of these kinds of tools. In the latest development, a startup called ActionIQ — a marketing activation platform that gives marketers better… Read More

Authory wants to help journalists raise their voices

 Journalists wanting a neat way to back up and showcase their writing should take a look at Authory: a new service that promises to save your work from tumbling into a digital abyss — i.e. being buried 10,000 leagues down, folded under the ceaseless deluge of new data, where few eyeballs stray. Read More

Authory wants to help journalists raise their voices

 Journalists wanting a neat way to back up and showcase their writing should take a look at Authory: a new service that promises to save your work from tumbling into a digital abyss — i.e. being buried 10,000 leagues down, folded under the ceaseless deluge of new data, where few eyeballs stray. Read More

Iguazio nabs $33M to bring big data analytics to IoT, finance and other enterprises

 Big data analytics — where vast troves of information are structured and used to help businesses gain more insights into their operations and customers, to develop new products, and to run more efficiently — are a cornerstone of how many tech-centric enterprises run their businesses today. Now the focus is on building solutions that the rest of the enterprise world can use, even if… Read More

LiveStories nabs $10M to organise, analyse and visualise fragmented civic data

 Big data analytics continues to be a key driver in how organisations utilise their vast quantities of information to run their businesses, and now a startup that has built a big data platform specifically focusing on data from the public sector has raised a round of funding. LiveStories, a Seattle-based company that works with governments, education institutions and other public entities to… Read More

LiveStories nabs $10M to organise, analyse and visualise fragmented civic data

 Big data analytics continues to be a key driver in how organisations utilise their vast quantities of information to run their businesses, and now a startup that has built a big data platform specifically focusing on data from the public sector has raised a round of funding. LiveStories, a Seattle-based company that works with governments, education institutions and other public entities to… Read More

AI data-monopoly risks to be probed by UK parliamentarians

 The UK’s upper house of parliament is asking for contributions to an enquiry into the socioeconomic and ethical impacts of artificial intelligence technology. Among the questions the House of Lords committee will consider are how can the data-based monopolies of some large corporations, and the ‘winner-takes-all’ economics associated with them, be addressed? Read More

AI data-monopoly risks to be probed by UK parliamentarians

 The UK’s upper house of parliament is asking for contributions to an enquiry into the socioeconomic and ethical impacts of artificial intelligence technology. Among the questions the House of Lords committee will consider are how can the data-based monopolies of some large corporations, and the ‘winner-takes-all’ economics associated with them, be addressed? Read More

Microsoft Workplace Analytics helps managers understand worker productivity

 Microsoft has long held that the Microsoft Graph — the data it collects as a byproduct of people simply using their online tools — provides a wealth of information that companies can use to understand their workers better. Today, the company announced general availability of Workplace Analytics, which has been designed to give managers and executives a broad understanding of… Read More

Microsoft Workplace Analytics helps managers understand worker productivity

 Microsoft has long held that the Microsoft Graph — the data it collects as a byproduct of people simply using their online tools — provides a wealth of information that companies can use to understand their workers better. Today, the company announced general availability of Workplace Analytics, which has been designed to give managers and executives a broad understanding of… Read More

Exposed GOP database demonstrates the risks of data-hungry political campaigns

 Since November, the Trump campaign’s possibly brilliant, maybe-just-lucky data strategy launched a thousand thinkpieces. Now, we’ve got a more intimate look at that data than we were ever meant to have. As discovered by Chris Vickery, a cyber risk analyst at UpGuard, and reported by Gizmodo, an analytics firm hired by the Republican National Committee left the data of 198 million U.S. Read More

Databricks releases serverless platform for Apache Spark along with new library supporting deep learning

 On the stage of Spark Summit this morning, Databricks CEO Ali Ghodsi announced a Serverless Platform for Apache Spark — welcome news for developers looking to reduce time spent on cluster management. The move to simplify developer experiences is set to be a major theme of the event overall. In addition to Serverless, Ghodsi also introduced Deep Learning Pipelines, a library that makes… Read More

Amazon Charts, Amazon’s new bestseller list, ranks titles by ‘most read’ and more

 Amazon has long relied on customers providing feedback and providing other ranking data as part of the process of encouraging more sales on its platform, and now the e-commerce giant is adding a new twist on this to spur more buying in its books business. Today, Amazon announced Amazon Charts, a new kind of bestseller list that will give users, for the first time ever, a top 20 list of… Read More