Espresso Logic received $1.6 million in seed funding today for its backend as a service to connect web and mobile applications to external databases including MySQL, Oracle Server and Microsoft SQL Server. Inventus Capital led the funding along with angel investors including Gokul Rajaram, lead product engineer at Square and one of the creators of Google AdSense. The […]
Posted on November 8th, 2013 by admin
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Swiss mobile cloud-based field service app maker Coresystems has raised $15.5 million in Series A funding – its first external funding round, despite being founded in 2002. The investment comes from a consortium of private Swiss investors and well-known German tech investor Peter Zencke, a former SAP executive board member and head of research and […]
Posted on November 7th, 2013 by admin
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Potentially raising the bar on SQL scalability, Facebook has released as open source a SQL query engine it developed called Presto that was built to work with petabyte-sized data warehouses. Currently, over 1,000 Facebook employees use Presto daily to run 30,000 interactive queries, involving over a petabyte of processing, according to a post authored by […]
Posted on November 7th, 2013 by admin
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Amazon Web Services (AWS) has updated its Elastic MapReduce console, making it easier to manage large amounts of data. The update centers on providing better usability and access to new features that include resizing a cluster by adding or removing instances; cloning a cluster; running Hadoop 2; and targeting a specific availability zone. The EMR […]
Posted on November 7th, 2013 by admin
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3Scale Founder Steven Willmott and API Evangelist Kin Lane have launched a non-commercial service today called API Commons, a mechanism for the copyright-free sharing and collaborative design of API specifications, interfaces and data models. Launched at the Defrag conference, API Commons enables developers to share their APIs under standard Creative Commons licenses. The APIs on API Commons are […]
Posted on November 6th, 2013 by admin
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Turning its considerable expertise in analytics to the study of IT operations, IBM has assembled a software package to help system administrators better pinpoint potential problems and performance issues, using many of IBM’s tools for business intelligence, machine learning, and data mining. “We’ve applied the IBM investments in analytics to IT,” said Matt Ellis, vice […]
Posted on November 6th, 2013 by admin
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IPO season is in full swing, with RingCentral, Chegg, FireEye, Veeva Systems and Zulily representing just a few of the names to file or begin trading in recent weeks. Of course, the main attraction this season is Twitter and its long-awaited public offering, which finally rolls into town November 6th. Twitter isn’t the only company […]
Posted on November 6th, 2013 by admin
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Four steps that must be taken to determine if a business continuity plan is worth the investment are listed below. This will allow the organization to determine real dollar cost per downtime event, calculate acceptable data recovery points and return to operation goal. This data will then allow an organization to align itself to a […]
Posted on November 6th, 2013 by admin
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Amazon Web Services (AWS) has dropped the price 10 percent for its M3 instances, designed for media encoding, batch processing, caching, and web serving. The price drop is effective November 1 and covers all AWS regions. About this time last year, AWS introduced the second-generation instances have up to 50 percent higher absolute CPU performance compared to […]
Posted on November 5th, 2013 by admin
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More than simply bits and bytes, big data is now a multibillion-dollar business opportunity. Savvy organizations, from retailers to manufacturers, are fast discovering the power of turning consumers’ ZIP codes and buying histories into bottom-line-enhancing insights. Tweet This Post
Posted on November 5th, 2013 by admin
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