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“Above the Trend Line” – Your Industry Rumor Central for 5/31/2016

Above the Trend Line: machine learning industry rumor central, is a recurring feature of insideBIGDATA. In this column, we present a variety of short time-critical news items such as people movements, funding news, financial results, industry alignments, rumors and general scuttlebutt floating around the big data, data science and machine learning industries including behind-the-scenes anecdotes and curious buzz. Our intent is to provide our readers a one-stop source of late-breaking news to help keep you abreast of this fast-paced ecosystem. We’re working hard on your behalf with our extensive vendor network to give you all the latest happenings. Heard of something yourself? Tell us! Just e-mail me at: daniel@insidebigdata.com.  Be sure to Tweet Above the Trend Line articles using the hashtag: #abovethetrendline.

Some say Bubble 2.0 is upon us, but no matter, VCs are pumping up the volume with Apixio Inc., the data science company for healthcare, announcing that it has raised $19.3 million in Series D venture capital funding led by SSM Partners with participation from First Analysis, Bain Capital Ventures and Apixio’s largest angel investor. Apixio will dedicate the proceeds toward advancing and scaling products powered by its cognitive computing platform, further enabling insights for optimal patient care. The Series D funding comes as Apixio experiences strong momentum and increasing demand for its HCC Profiler solution, which mines unstructured medical records, for an accurate view of a patient’s chronic conditions so payers and providers can deliver better care. Apixio’s cognitive computing platform has analyzed data from more than six million patients, achieving 210 percent year-over-year growth in patients analyzed … In new product news, some sleuth reporting found that workforce management leader, Kronos Incorporated, announced their new Workforce Analytics as a Service to help companies unlock the value in their workforce data without the expense and maintenance of on premise solutions. Workforce Analytics as a Service can help any small or midsize organization in any industry by aligning workforce data with financial and operational data. It can identify important trends in overtime, unplanned absences, scheduling edits, and more to increase employee engagement and operational efficiencies. Beyond the new offering, Kronos has a team of data scientists dedicated to researching and developing new technology to help companies make a direct link between workforce data and output – something that has not been done before. The team sorts through millions of data points to find the important workforce trends that impact businesses so companies don’t have to …

 

And an ever-increasing number of data science educational resources includes — Data Matters. Sponsored by the National Consortium for Data Science (NCDS), the Renaissance Computing Institute (RENCI), and the Odum Institute for Research in Social Science, the “Data Matters: Data Science Short Course Series” is a week-long series of classes for researchers, data analysts, and other professionals who wish to increase their skills in data studies and integrate data science methods into their research designs and skill sets. Scholars, analysts, and researchers from all disciplines and industries are welcome. Both one- and two-day courses will be offered; participants are welcome to register for one, two, or three classes. Classes will run from 10 a.m. to 4:45 p.m. The Data Matters series is structured in three blocks: June 20-21, June 22, and June 23-24. Six courses are offered concurrently in each block. You will be able to choose only one course from each block. Courses are independent of each other; there is no predetermined sequence … Mo money, mo money — Lightbend (formerly Typesafe), the company behind the Reactive Platform that includes the Akka, Play and Lagom Frameworks as well as the Scala programming language, announced it has closed a $20 million Series C funding round led by Intel Capital. Blue Cloud Ventures also joined Intel Capital as a new investor, with full participation from previous investors Bain Capital Ventures, Polytech Ecosystem Ventures and Shasta Ventures. Vibhor Rastogi, Director for Enterprise Software at Intel Capital, will join Lightbend’s board of directors … Mobile databases on the rise with Realm launching a 1.0 version of its product for iOS and Android as it reaches a key stage of maturity and stability. Up-and-coming YC and a16z-funded mobile database Realm launched a major update to its product and sharing new metrics, including how it’s outperforming competing solutions from IBM, Microsoft, Amazon and Google. Realm is becoming the de facto database layer for mobile apps. If you post a video on Vine, order a latte on the Starbucks app, or watch NBCUniversal content on your phone — or use mobile apps from eBay, Alibaba, Intel, Walmart, Cisco, the NFL, Homeland Security or thousands of others — you’re one of the hundreds of millions of users who rely on Realm …

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Analytics use cases are starting to make a real difference with — Global Business Intelligence vendor, Yellowfin, and breast imaging experts, Volpara Solutions, have combined forces to deliver VolparaEnterprise – a new cloud-based analytics platform to improve breast cancer prevention, detection and treatment. VolparaEnterprise will deliver the best possible data-driven insights to a range of user types – from clinicians to business managers and scientists – to assist with early and more effective breast cancer screening and diagnosis …

 

Heard on the street — Optimal+, a leader in Manufacturing Intelligence solutions, revealed that it was selected by Xilinx to provide real-time visibility into their production test operations taking place in their global supply chain. Through the use of the Optimal+ Big Data Infrastructure, Xilinx is able to monitor all aspects of their test operations being performed in their OSATs, including site-to-site test results, temperature monitoring and bin limits. Additionally, Xilinx can create highly flexible and reconfigurable rules that can automatically check for issues that would otherwise be too difficult to track manually. This creation of this tightly integrated environment was driven by Xilinx to enable even faster response times to their manufacturing issues … Another intriguing industry alignment finds 6sense, a leading predictive intelligence platform for B2B marketing and sales,  unveiling a first-of-its-kind partnership with Forbes. As the first of several key partnerships, 6sense and Forbes will provide joint customers, including Dell, the ability to use predictive intelligence to identify prospects in active buying cycles and deliver highly targeted media programs – including display, programmatic and native ads – aligned to their predicted buying stage and product interest. B2B organizations are struggling to spend billions of dollars of advertising and digital media budgets wisely, but are often frustrated by low conversion rates or a complete inability to measure effectiveness and return on investment. With the 6sense-Forbes exclusive partnership, customers will benefit from full visibility into the performance of programs, deep insights about their buyers’ needs and preferences and an ongoing enhancement of their data as campaign results are fed back into their 6sense predictive intelligence models … As more people strive to become a data professional, data science training provider Metis is launching its data science bootcamp in Chicago, which is rapidly becoming one of the country’s most promising metro areas for jobs in the industry. With data science training offerings ranging from part-time professional development courses to corporate training and online resources, Metis also owns the industry’s only accredited intensive data science bootcamp, currently operating in New York City and San Francisco. The Chicago Metis bootcamp will begin in September, with applications open immediately. Metis entered the Chicago market earlier this year, announcing a part-time Machine Learning professional development course that begins in July, and an Introduction to Data Science course that begins in September.

 

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