Wednesday December 25, 2024

Big Data Still Requires Humans To Make Meaningful Connections

 Big data is a big deal, make no mistake about it, but it’s probably not as big a deal as it’s going to be eventually when we really figure out how to make good use of it. For now, we have this muddled middle where we understand the value of the data, but most organizations […]

ClearSky Data Lands $27 Million To Expand Hybrid Storage Solution

 ClearSky Data has come up with an interesting approach to solve the data storage cost and speed problem. Today it was rewarded with a $27 million Series B round to continue the mission. The company came out of stealth in August with a plan to offer customers a multi-tier, fully managed, hybrid data-management solution. In […]

Nick Halstead, Founder Of Big Data Analytics Firm DataSift, Steps Down As CEO

 Another big change for DataSift — the UK startup that applies analytics to social network data firehoses to surface trends, which had a notable break up with Twitter earlier this year. Nick Halstead, who founded the company in 2010, is stepping down as CEO. Halstead will be replaced by Tim Barker, DataSift’s chief product officer. In a blog post announcing the […]

Raising $2.56B In IPO, First Data Opens Only 2.4% Up At $16.39, Closes Below IPO Price At $15.83

 After payments processor First Data priced its initial public offering at $16 per share last night, below the expected range of $18-$20, all eyes were on the company to see how the year’s biggest IPO — raising $2.56 billion — would perform in its debut. Ultimately, there were no fireworks. Trading under the FDC ticker on the New York […]

AWS Introduces Kinesis Firehose To Move Sensor Data To Cloud

 Today at AWS re:invent, Amazon introduced a new service called Kinesis Firehose to move data streaming from sensors and other locations directly to the cloud. As Andy Jassy, SVP at AWS, pointed out, the company launched Kinesis a few years ago to take this kind of streaming data and build custom applications on top of that […]

NodePrime Raises $7M In Seed Funding To Help Companies Manage Their Data Centers

 Managing a complex modern IT infrastructure is hard. NodePrime, a San Francisco-based startup that’s emerging from stealth today, wants to make it easier for companies to map, monitor and control their data centers. The company also today announced that it has raised a $7 million seed round with participation from the likes of Menlo Ventures, […]

Data Driven Everything Remains Elusive

 One thing was clear at Dreamforce last week, Salesforce’s enormous customer conference — something that has become apparent to anyone paying attention. It’s becoming a data-driven world. We are awash in data, but the problem is figuring out what we are supposed to do with it. Salesforce wants to be the center of your data-driven customer […]

Google Launches Cloud Dataproc, A Managed Spark And Hadoop Big Data Service

 Google is adding another product in its range of big data services on the Google Cloud Platform today. The new Google Cloud Dataproc service sits between managing the Spark data processing engine or Hadoop framework directly on virtual machines and a fully managed service like Cloud Dataflow, which lets you orchestrate your data pipelines on […]

Datos IO Raises $12.5M Series A Round For Its Big Data Recovery Platform

When you have a lot of data in your data warehouse, NoSQL database or cloud-native data store, recovering all of that data after it has become corrupted or inaccurate is difficult. Datos IO, which was founded by a group of veteran Data Domain, Veritas and IBM researchers, is now trying to make it easier to recover […]

Big Data Doesn’t Exist

 My customers always lie to me. They don’t lie about what they can afford. They don’t lie about how much (or how little) customer service they’ll need. They don’t lie about how quickly they can pay us. They lie about how much data they have. Read More Tweet This Post