Venture firm Accel makes another huge Big Data bet
Accel Partners Tuesday announced a $100 million fund to back software companies exploiting the technology foundation built by the first wave of Big Data start-ups.
Accel Partners Tuesday announced a $100 million fund to back software companies exploiting the technology foundation built by the first wave of Big Data start-ups.
SAP is at work on a new product called Sentinel that is supposed to be "nothing less than the Amazon for Stocks and the Facebook for Investors," according to a job posting associated with the project.
A recent survey by Forrester found that 7 per cent of IT executives and 9 per cent of business leaders feel they have gained a true return on investment from Big Data. That means there's a lot more business can be doing to glean insights from the massive amount of data that's potentially available to them.
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In launching Pivotal, the partnership of EMC, VMware and GE is attempting to refocus the conversation in the market about how a new generation of applications that use big data will be built.
The excitement over recent advancements in autonomous vehicle technology has elicited some optimistic expectations.
The enterprise storage picture is changing fast as resources are abstracted through virtualization, new computing options like cloud are embraced, and companies search for ways to extract more value out of the data they already are swimming in, even as more arrives in the guise of big data.
Handmade marketplace Etsy has grown to 800,000 sellers and 40+ million monthly visitors. All that activity generates enormous quantities of data, which Etsy uses to drive site improvements.
Optus has reported a "huge uplift" in sales conversions since introducing a predictive live chat feature to its website, said Optus head of online, Chris Smith.
RSA has unveiled a new tool designed to let enterprises detect security threats more quickly than current technologies permit by combining big data management and analytics approaches with traditional network monitoring and threat detection.
Watson, IBM's supercomputer that came to fame besting a Jeopardy champion, is going to college, to Rensselaer Polytechnic Institute, to hone its skills.
RSA, the security division of EMC, today announced Security Analytics, its tool for real-time analysis of large amounts of data from security and business information to determine if an organization is being attacked, especially by stealthy threats intent on stealing sensitive information.
IBM today rolled out a tool it says can cull massive terabytes of data, including email -- to help customers detect external attacks aimed at stealing sensitive information or insider threats that might reveal corporate secrets.
Wary of privacy implications of massive data collection systems, the Senate Commerce Committee plans to continue a probe of the industry, coinciding with a separate inquiry underway at the Federal Trade Commission.
Average salaries for tech pros climbed 5.3% to $85,619 last year, up from $81,327 in 2011. It's the largest salary jump in more than a decade, according to career site Dice.