In the face of rapidly increasing amounts of unstructured data, industry is investing heavily to turn machines into services and connect them to analytics engines that will extract an extraordinary amount of value and unleash a productivity revolution for both businesses and consumers.
In the health care, transportation and energy sectors alone, the combination of machine diagnostics software and analytics will eliminate as much as $150 billion in waste.
In his session at the 12th Internation...| By Business Wire | Article Rating: |
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| March 13, 2013 07:15 AM EDT | Reads: |
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HG Data Company today announced it has successfully raised $2 million in funding led by EPIC Ventures. The investment will be used to increase coverage of the company’s cloud-based business intelligence database and expand into the Asia-Pacific region.
“While LinkedIn maps the connections between people in business, HG Data maps the connections between businesses themselves – who sells to whom, who buys what, and who partners with whom,” said Craig Harris, CEO and founder of HG Data. “After more than two years of honing our algorithms with feedback from top-tier technology suppliers, we are ready to scale our data distribution to the long tail of business-to-business intelligence applications. With EPIC Ventures’ capital infusion in tow, that journey is ready to be accelerated.”
The company’s data procurement technology extracts business intelligence from hundreds of millions of Web documents and offline sources to create a comprehensive database of business relationships. Armed with this highly granular intelligence, HG Data is able to empower clients to improve their lead generation and scoring, marketing automation and market share analysis.
In 2012, HG Data released the world’s leading database of technology deployments, which produces a census of the worksites operating thousands of specific enterprise resources, ranging from Adobe and Salesforce.com to SAP and VMware. Selected as one of Outsell’s “30 to Watch” in the information industry for 2013, HG Data already counts four Fortune 100 companies as customers of its business intelligence services.
“HG Data’s robust platform made this a very compelling investment concept,” said Kent Madsen, managing director of EPIC Ventures. “Rarely have we seen such uniformly rave product reviews in our due diligence with customers. HG Data’s unique methodology and sophisticated product set form a winning combination that we anticipate will be a highly disruptive player in the massive company-information market.”
Investing alongside EPIC Ventures in this funding round were angel investors including Kevin O’Connor, founder of DoubleClick and current CEO of FindTheBest; Eric Kanowsky and AJ Rice, both co-founders of Software.com; and Tim Baskerville, former CEO of JupiterResearch.
HG Data’s leadership team brings a wealth of experience in building business information brands. Prior to founding HG Data, Harris served as founder and CEO of NOZA, Inc. through a successful acquisition by Blackbaud, Inc. in 2010.
About HG Data
HG Data is a business intelligence service used by leading technology companies for marketing and sales leads as well as research and investment. HG Data produces a detailed census of specific technologies utilized at an enterprise’s geographic sites. The company’s unique data science approach scours the open Web, combining unstructured data with archived offline sources, resulting in detailed profiling of the enterprise technology marketplace. HG Data was founded in 2010 by the team that built and profitably sold data-company NOZA to Blackbaud, Inc. The HG Data website is at www.hgdata.com.
Published March 13, 2013 Reads 402
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In the face of rapidly increasing amounts of unstructured data, industry is investing heavily to turn machines into services and connect them to analytics engines that will extract an extraordinary amount of value and unleash a productivity revolution for both businesses and consumers.
In the health care, transportation and energy sectors alone, the combination of machine diagnostics software and analytics will eliminate as much as $150 billion in waste.
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The economics of business are radically changing due to the way in which software and services are being delivered thanks to cloud computing. In his session at 12th Cloud Expo | Cloud Expo New York [10-13 June, 2013], Mike Kavis will cover six reasons for the disruption.
“Open source has always provided a number of benefits, including easing adoption costs, propagating a better understanding of the technology, and allowing for faster evolution and commercialization of products and services based on it,” noted Terry Woloszyn, Founder & CEO, Leeward Security Ltd., in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “This is clearly evident with the OpenStack and CloudStack,” Woloszyn continued, “and others that have been quickly commercialized as...
New, "Super-Sized" 4-Day Cloud Computing Bootcamp is a brief introduction to cloud computing carefully created and devised to help you keep up with evolving trends like Big Data, PaaS, APIs, Mobile, Social and Data Analytics. Solutions built around these topics require a sound cloud computing infrastructure to be successful while assisting customers harvest real benefits from this transformational change that is happening in the IT ecosystem.
As enterprises deploy private IaaS clouds into production they are reevaluating their future application delivery models. SUSE and WSO2 believe that private PaaS will leverage the automation and scalability of Private IaaS solutions, such as OpenStack-based SUSE Cloud, to deliver the secure, standardized development environments that will make migrating to an agile, serviceoriented delivery model possible.
In their session at the 12th International Cloud Expo, Chris Haddad, VP of Technology Ev...
“Trust is an ongoing journey and sits at the foundation of any vendor relationship – the companies that don’t consistently earn trust won’t be around long,” noted Henrik Rosendahl, Senior VP of Cloud Solutions at Quantum, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “As they do more with cloud, trust will organically grow – maybe it’s just about meeting SLAs or seeing firsthand that data is there when you need it,” Rosendahl continued.
Cloud Computing Journal: The move ...
Cloud enables SMBs to access new, scalable resources – previously only available to enterprises – in flexible and cost-effective ways. McKinsey’s SMB Cloud Report projects the public cloud market to reach $40-$50 billion by 2015, with SMBs comprising 65% of public cloud spending in 2015. But selling cloud to SMBs raises the questions of who, what and how.
In this session Manjula Talreja, VP of Cisco’s Global Cloud Business Development Team, will discuss the importance of knowing who SMB...
Analyzing Hadoop jobs and speeding them up is often a tedious and time consuming effort that requires experts. In his upcoming session at 12th Cloud Expo | Cloud Expo New York [10-13 June, 2013], Michael Kopp will be showing how proven APM techniques can be used to speed up Hadoop jobs at the core, without going through tons of log files, beyond just adding more hardware and within minutes instead of hours or days.
Our more interconnected planet is accelerating the adoption and convergence of next-generation architectures, in the form of cloud, mobile and instrumented physical assets. Organizations that can effectively balance optimization and innovation, will be in a position to leverage new systems of engagement, out maneuver their peers and achieve desired outcomes. In the Opening Keynote at 12th Cloud Expo | Cloud Expo New York, IBM GM & Next Generation Platform CTO Dr Danny Sabbah will detail the crit...
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