Big Data News, Articles, & Education

Goldman Sachs Invests $56M in Singapore Big Data Firm, Antuit

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by Angela Guess Rick Carew of the Wall Street Journal reports, “Goldman Sachs Group Inc. is placing a bet on big data’s growth in Asia. The U.S. investment bank is leading a $56 million investment in Singapore’s Antuit Holdings Pte. Ltd. to help it grow and acquire rivals in Asia’s rapidly growing data analytics market,…

Using Big Data to Fix the Payday Loans Industry

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by Angela Guess Steve Lohr of the New York Times recently wrote, “At any given time, there are an estimated 22 million payday loans outstanding, and the fees paid by payday borrowers amount to about $8 billion a year — a lot of money for those in the working population least able to afford it.…

Apple Gets Musical with Acquisition of Data Startup Semetric

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by Angela Guess Paul Sawers of Venture Beat recently wrote, “Apple has acquired U.K. media data startup Semetric, the company behind the Musicmetric music analytics platform. News of the deal emerged after the London-based company changed its registered address to that of law firm Baker & McKenzie, the same registered address of Apple Europe Ltd.…

SpaceX Receives $1 Billion Investment from Google and Fidelity

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by Angela Guess Quentin Hardy and Conor Dougherty of the New York Times report, “[Google] along with Fidelity, has invested $1 billion in Space Exploration Technologies (SpaceX), the private rocketry company founded by Elon Musk. The move could help Google achieve its aim of bringing satellite Internet to remote corners of the world while giving…

Taming Big Data with Better Customer Relationship Management

A lion tamer at Bertram Mills Touring Circus, Ascot

by Angela Guess Henning Ogberg of Tech Radar recently wrote, “Businesses need to find a way to analyse data to gain useful information that can help them realise their commercial goals. In order to do this, businesses need to break down their big data into bite-sized chunks. This will make data easier to analyse and…

7 Keys to Big Data Success

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by Angela Guess Nicole Laskowski of SearchCIO recently wrote, “Many businesses now have an understanding of what constitutes big data; making a success of big data is another matter. Just ask Doug Laney, an analyst with Gartner Inc.; Mike Gualtieri, an analyst with Forrester Research Inc.; and Robert Morison, lead faculty member at the International…

Catching Money Launderers with Big Data

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by Angela Guess Thor Olavsrud of CIO.com reports, “For the past decade, governments around the world have established international anti-money laundering (AML) and counter-terrorist financing efforts in an effort to shut down the cross-border flow of funds to criminal and terrorist organizations. Their success has encouraged criminals to move their cash smuggling away from the…

Taking Big Data Analytics for a Test Drive

White Ferrari 458 Italia Driving

by Angela Guess Adrian Bridgwater of Forbes recently wrote, “Cloud-centric ‘autonomic’ application management company Qubell has announced Qubell for Hadoop Developers. The software is intended to enable Hadoop programmers and data engineers to get access to on-demand test environments for big data analytics projects. The assertion here (made by IDC analyst Melinda Ballou) is that…