Hot Off The Press
You can call data scientists plenty of things, including the often overused term from 2012... sexy. But waiting in line for their services is not. Business users need to make decisions on the spot, or they risk losing their competitive advantage.
Citi Ventures has invested in Platfora, one of several fast-growing Silicon Valley companies that are helping corporate customers make better use of their data by taking advantage of the Big Data storage software Hadoop.
It is very important for analysts to know what is possible when it comes to analytical tools. One of the best ways to know the realm of the possible with immediately available commercial off the shelf technology is to watch a demo.
Startup Platfora, which had been in stealth mode until October, unveiled its in-memory business intelligence software that can directly analyze data in Hadoop without the need for building a complex (and expensive) data warehouse or traditional data store. "This is really the beginning of the end of the data warehouse," said Platfora founder and CEO Ben Werther in an interview.