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News (484)

Big Data Firm Looks to Grow

Big Data firm PredictHQ has finished a new round of funding, raising $22 million dollars, reports VentureBeat. 

PredictHQ, a company that aggregates data sets from myriad events and public holidays to help companies forecast demand for their services, has raised $22 million in a series B round of funding led by Sutter Hill Ventures, with participation from Lightspeed Venture Partners, Aspect Ventures, and Rampersand VC.

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Google Buys Big Data Firm

According to Tech Startups, Google has completed its purchase of big data company Looker. 

Google announced today it has completed $2 billion acquisition of big-data analytics startup Looker after green light from UK regulators. 

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Virus Stumps Big Data

According to Bloomberg Opinion, scientists have access to large amounts of data regarding the coronavirus, but it is hard for them to get accurate information about the rapidly evolving situation. 

How often do you see a piece of economic or financial information revised upward by 45%? And how reliable would you regard a data set that’s subject to such adjustments?

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Improving Play With Big Data

Golfer Francesco Molinari uses big data to improve his game, reports Yahoo Finance. 

Using big data to help improve one’s odds of winning isn’t just a task for wealthy quant traders on Wall Street looking to score epic profits. 

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Using Big Data Confidentially

A process must be developed that allows data scientists to use big data without violating the privacy of the members of the data set, reports Enterprisers Project.

Much of the data that governments, companies, and individuals use on a daily basis aggregates information that is confidential to some degree.

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Kaskada Raises Funding

Big data platform Kaskada has raised 9.8 million in funding, reports Seattle Business. 

Seattle startup Kaskada, a tech company that provides a platform for data scientists and engineers to better collaborate in developing machine-learning algorithms, has successfully completed an $8 million funding round, bringing the total raised by the company to date to $9.8 million.

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Big Data Helps Stop Virus Spread

Big data is being used by Chinese tech firms to help stop the spread of the coronavirus, reports Gadgets 360.

Chinese mobile operators and technology firms are supporting the tracking and prevention of pneumonia caused by the novel coronavirus with the help of big data.

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Big Data Can Prevent Accidents

According to Venture Beat, Toyota has found a way to use big data to prevent accidental accelerations.

Toyota unveiled an emergency safety system on Monday that uses big data to ignore the accelerator if it determines the driver steps on the pedal unintentionally.

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Solving Big Data Problems with the Cloud

According to Information Age, migrating to the cloud can solve companies big data problems. 

For many organisations, cloud computing is now a fact of life. Over the years, it’s established a reputation as the key to achieving maximum agility, flexibility and scalability. 

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Amazon Has Lakes of Data

Amazon needs data lakes to hold all its big data, reports Silcon Angle. 

Back when Jeff Bezos filled orders in his garage and drove packages to the post office himself, crunching the numbers on costs, tracking inventory and forecasting future demand was relatively simple.

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