Fresh Out of Stealth, Gray Matter Eyeing Big Data Services

Lost in the hype but not overlooked by CIOs, professional services account for 44 percent of the Big Data market, which is expected to more than quadruple from $11.59 billion in 2012 to over $47 billion in 2017. A newly launched startup called Gray Matter is looking to carve out a slice of this segment with specialized analytics services for companies in the data-rich healthcare and financial industries.

The consultancy’s offerings include a fixed-price “Mind” assessment of a client’s business objectives and organizational structure. The eight-week evaluation aims to help enterprises develop a “roadmap for optimal data utilization” that “ensures alignment between business strategy and data architecture” and includes recommendations for realizing a quick return on investment.

Mind is complemented by additional services such data management, data monetization and advanced analytics for ongoing support.

The Chicago and San Jose-based Gray Matter is led by Sheila Talton, a 30-year industry veteran who served in senior leadership roles at Cisco, Electronic Data Systems (now a part of HP) and other major tech firms. She highlighted in a statement:

“We are in a data-driven era where having and understanding insight-rich information and how to use it can offer unprecedented competitive advantages. At the same time, many organizations are struggling with issues from how to improve operational efficiencies to building customer loyalty, while often lacking the in-house, holistic industry expertise necessary to integrate their business strategy with what they need from their data architecture.”

Earlier this month, Netskope came out of stealth mode with $21 million in funding to combat shadow IT. The startup offers a subscription-based analytics solution that enables admins to monitor and control the various cloud services used throughout their organizations.

About Maria Deutscher

Maria Deutscher is a staff writer for SiliconANGLE covering all things enterprise and fresh. Her work takes her from the bowels of the corporate network up to the great free ranges of the open-source ecosystem and back on a daily basis, with the occasional pit stop in the world of end-users. She is especially passionate about cloud computing and data analytics, although she also has a soft spot for stories that diverge from the beaten track to provide a more unique perspective on the complexities of the industry.