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Everstream, which applies big data to supply chain management, raises $50M

TechCrunch

Just short of a year after raising $24 million from backers including DHL, Everstream Analytics, a company that provides predictive insights for physical supply chains, has secured a fresh round of funding. Gerdeman claims that what helped Everstream stay ahead of the competition was its “big data” approach.

Big Data 227
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The Reason Many AI and Analytics Projects Fail—and How to Make Sure Yours Doesn’t

CIO

Topping the list of executive priorities for 2023—a year heralded by escalating economic woes and climate risks—is the need for data driven insights to propel efficiency, resiliency, and other key initiatives. Many companies have been experimenting with advanced analytics and artificial intelligence (AI) to fill this need.

Analytics 333
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Business intelligence and analytics firm Pyramid Analytics raises $100M

TechCrunch

Pervasive BI remains elusive, but statistics on the category reveal that about a third of employees use BI tools for analytics to inform strategy. The big data and business analytics market could be worth $684 billion by 2030, according to Valuates Reports, if such outrageously high estimates are to be believed.

Analytics 215
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11 most in-demand gen AI jobs companies are hiring for

CIO

A recent survey of senior IT professionals from Foundry found that 57% of IT organizations have identified several areas for gen AI use cases, 25% have started pilot programs, and 41% are engaged in training and upskilling employees on gen AI.

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Hortonworks’ Big Data Scorecard

CTOvision

The first step towards overcoming this challenge is mapping out the journey to fully utilize the value of your company's Big Data. This begins with understanding how the maturity of your organization enables or inhibits your ability to strategically pursue Big Data programs. Mapping Big Data (oreilly.com).

Big Data 113
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SingleStore raises additional $36M to grow its database business

TechCrunch

SingleStore , a provider of databases for cloud and on-premises apps and analytical systems, today announced that it raised an additional $40 million, extending its Series F — which previously topped out at $82 million — to $116 million. The provider allows customers to run real-time transactions and analytics in a single database.

Storage 206
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The 10 most in-demand tech jobs for 2023 — and how to hire for them

CIO

For some that means getting a head start in filling this year’s most in-demand roles, which range from data-focused to security-related positions, according to Robert Half Technology’s 2023 IT salary report. The survey also reveals the average salaries for each role based on experience.

LAN 358