'Paradigm' shift in data analysis promises change - Business - Chinadaily.com.cn

The Big Data Industry Summit 2016 was held in Guiyang, Guizhou province, on May 25, 2016. A special statistical modeling competition was going on in a well-decorated office in northwestern Beijing. The participants were a line of secretaries, human resource officers and marketing and public relations staff who knew nothing about the basics of coding and computer programming. They were all employees of 4Paradigm, a three-year-old startup founded by Baidu Inc's former principal IT architect and backed by global venture capital powerhouse Sequoia Capital. The company has been dubbed by investors the Chinese answer to the US big data firm Palantir.