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AIMMO bags $12M Series A to advance data labeling technology  

TechCrunch

A Korean startup called AIMMO , which uses software and humans to label and categorize image, video, sound, text and sensor fusion data, built an AI data annotation platform, enabling the data labeling faster for enterprises. . AIMMO declined to comment on its valuation.

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It's time to establish big data standards

O'Reilly Media - Data

The deployment of big data tools is being held back by the lack of standards in a number of growth areas. Technologies for streaming, storing, and querying big data have matured to the point where the computer industry can usefully establish standards. Security and governance. Metadata management.

Big Data 199
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Supercomputing Predictions for 2016

CTOvision

Wondering where supercomputing is heading in 2016? New Processor Technologies. The leader of this technology is currently Intel, with their next generation Xeon Phi coprocessor, which is a hybrid between an accelerator and general purpose processor. This is something to keep an eye on throughout 2016. Data-Tiering.

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Women In Technology Present: The Promise and Peril of Big Data

CTOvision

On 18 Feb 2016, Women In Technology present "The Promise and Peril of Big Data". Big Data has enormous promise for consumers and organizations alike. Big data makes it easier than ever to listen to, interact with, and connect with customers and respond with better products and services.

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Ocrolus lands $80M at a $500M+ valuation to automate document processing for fintechs and banks

TechCrunch

Ocrolus uses a combination of technology, including OCR (optical character recognition), machine learning/AI and big data to analyze financial documents. In a nutshell, the company aims to help lenders make “faster, data-driven decisions.” By 2016, the company had launched its official product and was generating revenue.

Fintech 243
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Embrace grabs a new funding round amid unveiling of new mobile data intelligence software

TechCrunch

Though these same companies have accelerated their digitalization to meet employees and customers where they are — up to 92% of all digital traffic worldwide is done through mobile devices — they lack visibility of this data and how it can be converted into retention and revenue. How to ensure data quality in the era of big data.

Mobile 246
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Arena raises money from Peter Thiel and David Petraeus for its decision-making AI

TechCrunch

Ranade, who attended Stanford and Columbia, was previously an associate partner at McKinsey and co-founded web-scraping startup Kimono Labs, which was acquired by Palantir in 2016. Our technology is expressly designed to handle shocks — cases where past data no longer represents the future. ” Image Credits: Arena.

Analytics 207