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Big Data Analytics Startups to Watch
March 16, 2016 News

Jessica Davis recently wrote in InformationWeek, “Big data and analytics are hot growth areas, not only for IT organizations, but for businesses across all industries. Visionary executives are finding opportunities beyond existing and traditional data repositories, such as on-premises CRM and ERP systems. Today’s data can include social media posts, customer journey information, Internet of things (IoT) data, and more. Indeed, market research firm IDC released a new prediction for the market in November 2015. The firm said the big data technology and services market is expected to increase at a compound annual growth rate (CAGR) of 23.1% over the 2014-2019 forecast period, with annual spending reaching $48.6 billion in 2019.”

Davis continues, “And there are plenty of new suppliers. Collecting that data, storing it, gaining insights from it, and turning those insights into real business value is the focus of many of today’s hottest startup companies… With that in mind, we put together a collection of some of the most notable companies, and also some of the newest companies spawned in the big data and analytics market. ”

One company on the list is H2O.ai, “The company, rebranded as H2O.ai from 0xdata in Nov 2014, offers an open source machine learning platform that works with Hadoop and Spark. It can be used through a Web UI or programming environments such as R, Java, Scala, Python, and JSON. It supports common database and file types, including Microsoft Excel, R Studio, and Tableau. Customers include AT&T, Comcast, Kaiser Permanente, McKesson, Walgreens, Capital One, and Progressive.”

 

This article was originally published dataversity.net and can be viewed in full here

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