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“Above the Trend Line” – Your Industry Rumor Central for 5/9/2016

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.

A new research report, Core Customer Intelligence: Public Library Reach, Relevance and Resilience, was conducted by big data analytics firm Fuzzy Logix, CIVICTechnologies, an education software company, and the Las Vegas-Clark County Library District to examine who is using public libraries these days and how. It is the first public library industry report to use Big Data analytics to describe library core demographics in great detail. The findings are part of a big data study/report of 10 major U.S. municipal libraries to analyze 67.4 million checkout transactions of 4 million library cardholders in select locations. One question was – with instant access to nearly any book online, do the wealthy in the U.S. still rely on public libraries? The new big data analysis report says yes. The new study reveals that high-income Americans, with access to the Internet at home and work, are frequenting libraries in high numbers. For example, in the King County Municipal Library in Washington state, 42 percent of its members come from wealthy households. The report also produced dozens of other findings unique to the 10 libraries involved in the study … An industry alignment finds that Host Analytics, a leader in cloud-based enterprise performance management (EPM), along with Qlik®, (NASDAQ: QLIK) a leader in visual analytics, announced a strategic OEM partnership embedding the Qlik Sense® visual analytics platform into the Host Analytics EPM Platform. Through this partnership Host Analytics will leverage Qlik Sense technology to provide its customers with state-of-the-art data visualization, dashboards, and data discovery capabilities. In addition, as part of the agreement, both Qlik and Host Analytics will cooperate in joint go-to-market efforts including webinars, industry events and marketing programs … A compelling data analytics use case finds that AGCO Corporation (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, revealed that it has teamed up with iMaps to implement QlikView, the business intelligence and visualization software. As a large global business with multiple brands and numerous international locations, AGCO was looking for a unique solution to integrate and analyze a huge amount of complex data from many different sources inside and outside the company in order to better drive business. AGCO is one of the first agricultural companies to embrace data-driven solutions to move the industry forward … meanwhile on the new product front, OpsDataStore, the company delivering complete real-time operational transparency across the IT stack, announced the availability of OpsDataStore version 1.1, which gives IT leaders immediate access to real-time operational insights in their BI tool of choice. For the first time, OpsDataStore removes the barriers of cumbersome, time-consuming and expensive reporting to expose immediate insights from IT data for both business and engineering leaders. This gives enterprises an accurate, minute-by-minute view across their IT operations, while addressing the unmet need for better business intelligence from IT data … In C-level news, Logi Analytics announced that its Board of Directors has appointed Steven Schneider as Chief Executive Officer. Brett Jackson will assume the role of Executive Chairman and will continue to serve as the Chairman of Logi’s board. Schneider joined Logi Analytics in 2008 and has moved quickly through the company’s ranks, leading multiple key functions, including Sales, Marketing and Product. As Chief Product Officer he was the key architect of Logi’s product strategy, which we believe is why Gartner positioned Logi Analytics as a visionary in the February 2016 Magic Quadrant for BI and Analytics Platforms. He most recently served as Chief Operating Officer with a focus on developing Logi’s long term strategy … Another win for Databricks, the company behind Apache Spark, announcing that Omega Point, a leading data analytics provider, has selected Databricks for its ability to apply advanced analytics to large-scale datasets. By deploying Databricks, they have accelerated time-to-market of their flagship product, the Omega Point Portfolio Intelligence Platform, by over six months, and reduced deployment and maintenance costs by 75 percent. With Databricks, Omega Point was able to fully automate the management, scheduling, and monitoring of its production Apache Spark infrastructure without human intervention, reducing deployment and maintenance costs by 75 percent and increasing production up-time by more than 80 percent … Meanwhile in funding news, Maana, the advanced analytics platform that operationalizes big data insights into line-of-business applications, revealed that the company has raised $26 million in Series B funding led by Saudi Aramco Energy Ventures, the corporate venturing arm of Saudi Aramco, the world’s largest integrated energy enterprise. Also new to this round of financing is Shell Technology Ventures, the corporate venture capital arm of Shell. Existing investors GE Ventures, Chevron Technology Ventures, Intel Capital, and Frost Data Capital also participated in this round. Maana is the first startup in big data analytics and IoT, to raise such a large amount of funding primarily from strategic investors. Series B brings the total funding raised to-date, to over $40 million. This round also brings together some of the world’s largest oil and gas and industrial enterprises as investors, many of which are also Maana customers and have seen the speed at which Maana enables them to optimize their key industrial assets and business processes … In new product news, Lattice Engines announced it has launched Buyer Insights on the Salesforce AppExchange, empowering businesses to connect with their customers, partners and employees in entirely new ways. Lattice Engines, a Salesforce Registered ISV Partner and a leading provider of predictive marketing and sales applications, is committed to helping businesses of all sizes drive increased sales and marketing productivity through data-driven insights. The new Buyer Insights app helps to achieve this by enabling predictive campaigns within Salesforce. Built on the Salesforce App Cloud, Buyer Insights is currently available on the AppExchange and can be found HERE … In other new product news, Infer Inc., a leading predictive sales and marketing platform that helps companies win more customers, unveiled the latest release of its Profile Management platform, including new quick-start features, personalized profile recommendations and a free 14-day trial. This update enables companies to instantly deploy Infer’s unique profiling solution and conduct more targeted, high-value outreach to potential buyers. As a result, customers like Avalara, Host Analytics, New Relic, Social Tables and UserVoice are uncovering new growth and expansion opportunities, resulting in revenue increases upwards of 15 percent … We heard that ARC Document Solutions announced the availability of the Facilities Information Management (FIM) solution. FIM reduces day-to-day complexity inherent in buildings and facility operations through the use of touch-based interactive dashboards. With ARC’s customized FIM solution, users can link drawings, maintenance, safety and other critical operations documents, making them accessible on mobile devices, large touchscreen displays, and computers by creating a central repository for all documents and information … More from the C-suite, Bright Computing, a leading independent provider of management software for high performance computing (HPC) clusters, big data clusters, and OpenStack clouds, announced  that Bill Griffin has been appointed as its Chief Financial Officer. The appointment of a seasoned Silicon Valley financial leader with more than 25 years of experience in financial, operational and executive management positions will help drive the company to its next phase of growth, maturity, and success … In earning news, we learned that MapR Technologies, Inc., announced another record quarter, which includes 99% growth in software subscription license bookings over prior year. This continued growth was fueled by the release of the industry’s only Converged Data Platform, which enables its customers to accelerate data-driven applications with the best security, flexibility, scalability, and real-time capabilities. New software subscription license growth and existing customer expansions contributed to the record quarter and an impressive dollar-based net expansion rate of 146%. MapR customers continue to realize significant benefits from MapR products including the recently released Converged Data Platform, resulting in a steady 99% retention rate for MapR. Additionally, the growth and operational focus of MapR have resulted in higher cash efficiency, posting another quarter of improved cash flow … Also, Tableau Software, Inc. (NYSE: DATA) reported results for its first quarter ended March 31, 2016 — total revenue grew to $171.7 million, up 32% year over year; license revenue grew to $96.4 million, up 14% year over year; international revenue grew to $48.1 million, up 52% year over year; added more than 3,500 new customer accounts; closed 268 transactions greater than $100,000, up 8% year over year … Jason Zintak, CEO of Platfora offers the following observations about the Tableau results: “Tableau didn’t meet expectations last quarter and they took a hit for it, but a knee-jerk reaction from the market doesn’t reflect the reality of their impact. End users appreciate Tableau because they can quickly create intuitive and easy to digest data visualizations that impact how decisions are made at the C-level. These capabilities are an important element of a successful big data strategy, but Tableau by itself won’t get the job done. There is a real need for enterprises to unlock the high value answers in their big data. Now that platforms like Platfora directly integrate with Tableau, business users can perform sophisticated analysis and data discovery—like understanding a customer’s journey ahead of purchasing a product on a website, or determining how a bad actor infiltrated an enterprise network—to get at these high-value answers.”

 

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