Paul Gillin
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IT financial software maker Apptio tests initial public offering waters
Apptio Inc., a Bellevue, WA-based developer of software that helps executives make informed financial decisions, apparently liked what it saw from the latest round of earnings from newly public tech companies this quarter. It filed to go public today with a goal of raising up $75 million. Apptio lost $41 million on $129 million in ...
Rackspace going private in $4.3B deal
Cloud infrastructure provider Rackspace Hosting Inc. is going private in a $4.3 billion deal announced this morning. The deal comes after three weeks of speculation that the hosting provider would seek an alternative to the public markets as its early lead in cloud services was eclipsed by giants like Amazon Web Services and Microsoft. The company will ...
Talend beats Street, but stock gyrates over earnings-per-share confusion
Talend SA beat revenue and earnings forecasts but confusion over its earnings-per-share (EPS) results took the stock on a wild ride in after-hours trading. The Big Data integration software company reported total revenue of $25.4 million for the second quarter, up 38 percent from the same quarter a year ago. Earnings per share of 31 cents ...
How one company’s software contains shipping industry’s costs – and its own
Some 800 million shipping containers crisscross the globe every year, but only about half make it to their destinations on time. The reason delivery performance is so erratic is because the global shipping industry has grown up in local silos, each with its own set of operating standards and information needs. Shipping companies, terminal operators ...
GE’s Predix: designed for analytics when milliseconds matter
There are a lot of cloud analytics platforms out there, but you’ve never seen one quite like GE Predix. Optimized for the unique characteristics of industrial environments, with their multitudes of machines and processing needs, Predix is designed to support complex systems in which application logic goes where it’s needed. That may be in individual ...
Catalogic, Pure Storage team up on copy data management
Software-defined copy data management (CDM) vendor Catalogic Software Inc. had broadened its support for flash storage arrays with the addition of Pure Storage Inc.’s FlashArray //m series. Catalogic and Pure Storage plan to jointly deliver a CDM package that addresses problem of the profusion of database copies. The joint packaged product, which will be available ...
Ever hear of Bayesian analysis? It just landed this company $6.6M
SigOpt Inc. works in a data analytics discipline that is so specialized that few people outside of the data science field can even understand it, much less explain it. That hasn’t stopped the eight-person venture from raising a $6.6 million series A funding round led by blue-chip Silicon Valley venture capitalist Andreessen Horowitz for its ...
GE seeks to simplify the industrial IoT’s mind-blowing complexity
As businesses begin to connect industrial devices to the Internet in order to capture data, mine it for value and take actions based upon those insights, the task takes on almost mind-blowing complexity. The Internet of things (IoT) is relatively simple in the context of the connected home. But industrial environments are networks of interconnected devices, ...
Will flash replace disk? Join the #AllFlash CrowdChat Aug. 25
In 2008, Wikibon’s David Floyer was the first analyst to publicly predict that high speed spinning disk would give way to flash devices. He was also one of the first to predict the rise of the all-flash data center. But not everyone agrees. Some people believe that advances in disk densities will continue to outpace flash ...
GE Predix chief architect sees IoT analytics as a game changer
Designing an analytics platform for the Internet of Things (IOT) present some big challenges that users of typical business analytics systems don’t have to confront. Devices in remote locations with slow or nonexistent connections – such as sensors on wind turbines in the North Atlantic – aren’t like office PCs. That means decision-making needs to ...