More Big Data related Startups for 2012

More Big Data related Startups for 2012

More Big Data related Startups For 2012

The number of startups related to Big Data continues to grow exponentially with a number of interesting startups to watch for in 2012. These startups include: Zillabyte, Cloudability and Kaggle.

Zillabyte

Taking a bite out of the Big Data processing business, Zillabyte.com is set to put Big Data analysis into the hands of business users through data sets and algorithms. Rather than get some Subject Matter Expert with a relevant PHD to do it for you, the company will seek to create a Big Data analysis through automation. The Zillabyte founders have had experience with Google and seen how Google’s own internal tools help to make Big Data analysis as painless as possible. This is exactly what they intend for Zillabyte which they say will provide their users with a big picture crawl of the entire Internet, so that they can get a trend or forecast one happening as easy as possible.

Cloudability

Unlike my previous set of Big Data related startups, is a startup that actually tracks Big Data and is mostly related to cloud pattern detection involving cloud spending overages. What this means in simple English is that they track your overall spending in the cloud and let you know if there is a spike. Much like when your credit card company calls you up about the $22,000 diamond encrusted thong you never bought, this lets companies dealing in the Cloud check through and find out if there is anything not right going on. Already, the company has saved several such companies from hacker activity where Cloud resources were breached and used to transfer TBs worth of data, which saw an overage spike in cloud spending for said company. Right now, Cloudability currently has $1.1 million in seed money to expand its services beyond the normal tracking that it is doing now, and we can only hope that it will focus this money on more ways of saving us money such as algorithm run forecasting tools and the like.

Kaggle

While Kaggle.com is essentially a large job market for outsourcing Big Data Analysts, they take a very novel approach to it. Rather than just offer these Big Data Analysts a job, they make it into a fun sport contest with a prize for the winner, usually in the form of cash a bit more than they would have made just by taking the job. According to Kaggle, they create and manage this community of worldwide Phd toting data analysts, who use it more as a watering hole than an actual job site, allowing Kaggle to crowdsource Big Data jobs as and when a contest is introduced. Kaggle have also mentioned that they are implementing top-secret Big Data jobs that only a select few of proven individuals from the community can participate in, which allows these participants access to this data and a chance even more premium prizes. Expect Non-Disclosure Agreements if you do get selected along with other things you may or may not want to actually know. Those looking to get their Big Data checked through would do well to check Kaggle out and start your own contest. In addition, Kaggle recently acquired $11 million in funding for even more features to come.

By Muz Ismial

Sorry, comments are closed for this post.

Comic
Fintech Systems, Advancements and Investments

Fintech Systems, Advancements and Investments

Fintech Growth According to a recent report, global investment in fintech companies including both venture-backed and non-venture-backed businesses reached $9.4 billion in the second quarter of 2016; investment in venture capital-backed fintech startups, however, fell by 49%. Nevertheless, the Pulse of Fintech, published jointly by KPMG International and CB Insights, suggests venture capital investment in…

How Identity Governance Can Secure The Cloud Enterprise

How Identity Governance Can Secure The Cloud Enterprise

Securing The Cloud Enterprise Cloud adoption is accelerating for most enterprises, and cloud computing is becoming an integral part of enterprise IT and security infrastructure. Based on current adoption trends, it’s clear that the vast majority of new applications purchased by organizations will be SaaS applications. The allure is evident, from cost savings to speed…

Significant Emerging Technologies To Lookout For In 2017

Significant Emerging Technologies To Lookout For In 2017

Emerging Technologies The entire world is being transformed right before our eyes. Emerging technologies are developing at break-neck speeds, and the global community needs to be prepared for what lies in the horizon. As with anything new or evolving there is benefit versus risk to consider. Most of the up-and-coming technologies that will soon affect…

In The Fast Lane: Connected Car Hacking A Big Risk

In The Fast Lane: Connected Car Hacking A Big Risk

Connected Car Hacking Researchers and cybersecurity experts working hard to keep hackers out of the driver’s seat. Modern transportation has come a million miles, and most all of today’s vehicles are controlled entirely by digital technology. Millions of drivers are not aware that of the many devices in their digital arsenal, the most complex of…

Having Your Cybersecurity And Eating It Too

Having Your Cybersecurity And Eating It Too

The Catch 22 The very same year Marc Andreessen famously said that software was eating the world, the Chief Information Officer of the United States was announcing a major Cloud First goal. That was 2011. Five years later, as both the private and public sectors continue to adopt cloud-based software services, we’re interested in this…

The Age of Data: The Era of Homo Digitus

The Age of Data: The Era of Homo Digitus

The Age of Data In our digital era data deluge – soaring amounts of data, is an overriding feature. That’s why it’s fitting to focus on the concept of Homo Digitus, which I first learned about about in“The creative destruction of medicine: How the digital revolution will create better health care,” by Eric Topol, and…

The Rise Of BI Data And How To Use It Effectively

The Rise Of BI Data And How To Use It Effectively

The Rise of BI Data Every few years, a new concept or technological development is introduced that drastically improves the business world as a whole. In 1983, the first commercially handheld mobile phone debuted and provided workers with an unprecedented amount of availability, leading to more productivity and profits. More recently, the Cloud has taken…

Cloud-based GRC Intelligence Supports Better Business Performance

Cloud-based GRC Intelligence Supports Better Business Performance

Cloud-based GRC Intelligence All businesses need a strategy and processes for governance, risk and compliance (GRC). Many still view GRC activity as a burdensome ‘must-do,’ approaching it reactively and managing it with non-specialized tools. GRC is a necessary business endeavor but it can be elevated from a cost drain to a value-add activity. By integrating…

Four Recurring Revenue Imperatives

Four Recurring Revenue Imperatives

Revenue Imperatives “Follow the money” is always a good piece of advice, but in today’s recurring revenue-driven market, “follow the customer” may be more powerful. Two recurring revenue imperatives highlight the importance of responding to, and cherishing customer interactions. Technology and competitive advantage influence the final two. If you’re part of the movement towards recurring…

How Formal Verification Can Thwart Change-Induced Network Outages and Breaches

How Formal Verification Can Thwart Change-Induced Network Outages and Breaches

How Formal Verification Can Thwart  Breaches Formal verification is not a new concept. In a nutshell, the process uses sophisticated math to prove or disprove whether a system achieves its desired functional specifications. It is employed by organizations that build products that absolutely cannot fail. One of the reasons NASA rovers are still roaming Mars…

Cloud Computing – A Requirement For Greater Innovation

Cloud Computing – A Requirement For Greater Innovation

Cloud Computing Innovation Sao Paulo, Brazil has had trouble with both energy and water supplies as of late. Despite it is the rainy period. Unfortunately Sao Paulo is very dependent on its rain as a majority of its power is generated from large dams. No water, no energy. Difficult situation for a city of some…

Who’s Who In The Booming World Of Data Science

Who’s Who In The Booming World Of Data Science

The World of Data Science The nature of work and business in today’s super-connected world means that every second of every day, the world produces an astonishing amount of data. Consider some of these statistics; every minute, Facebook users share nearly 2.5 million pieces of content, YouTube users upload over 72 hours of content, Apple…

The Monstrous IoT Connected Cloud Market

The Monstrous IoT Connected Cloud Market

What’s Missing in the IoT? While the Internet of Things has become a popular concept among tech crowds, the consumer IoT remains fragmented. Top companies continue to battle to decide who will be the epicenter of the smart home of the future, creating separate ecosystems (like the iOS and Android smartphone market) in their wake.…

The Business of Security: Avoiding Risks

The Business of Security: Avoiding Risks

The Business of Security Security is one of those IT concerns that aren’t problematic until disaster strikes. It might be tomorrow, it could be next week or next year. The fact is that poor security leaves businesses wide open for data loss and theft. News outlets just skim the surface, but hackers cost business up…

The Global Rise of Cloud Computing

The Global Rise of Cloud Computing

The Global Rise of Cloud Computing Despite the rapid growth of cloud computing, the cloud still commands a small portion of overall enterprise IT spending. Estimates I’ve seen put the percentage between 5% and 10% of the slightly more than $2 trillion (not including telco) spent worldwide in 2014 on enterprise IT. Yet growth projections…

Big Data and Financial Services – Security Threat or Massive Opportunity?

Big Data and Financial Services – Security Threat or Massive Opportunity?

Big Data and Financial Services Cloud Banking Insights Series focuses on big data in the financial services industry and whether it is a security threat or actually a massive opportunity. How does big data fit into an overall cloud strategy? Most FI’s have a positive mind-set towards cloud IT consumption as it not only enables…