eBay Agrees to Acquire SalesPredict - eBay Inc.

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Today eBay announced it will acquire SalesPredict, an Israel-based company that leverages advanced analytics to predict customer buying behavior and sales conversion. SalesPredict is eBay's latest acquisition that will support its artificial intelligence, machine learning and data science efforts. It follows eBay's recent acquisition of Expertmaker, in order to further bolster our structured data efforts. Financial terms of the deal were not disclosed. Upon the close of the transaction, a number of SalesPredict's employees will join eBay's structured data organization, working from eBay's Israeli Development Center in Netanya.


Logz.io Harnesses Artificial Intelligence to Mimic How the Human Brain Looks at Data

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TEL AVIV, ISRAEL and NEW YORK, NY--(Marketwired - August 16, 2016) - Logz.io, the log analysis company that offers the open-source ELK Stack as a cloud service, today released Cognitive Insights . This new analytics solution is powered by artificial intelligence that identifies critical events in IT environments before they cause further damage to the bottom line. With the growing amount of machine-generated Big Data within organizations, it is unrealistic to expect human beings to look at every piece of information. This causes most companies to face the challenge of detecting critical events in their increasingly complex IT environments early enough in order to take corrective actions. Cognitive Insights proactively alerts IT managers to problems before they outwardly affect the the business.


Software AG acquires AI company Zementis to expand IoT capability - Computer Business Review

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The acquisition will bring Zementis' predictive analytics to Software AG's real-time streaming analytics platform. Software AG has acquired California-based Zementis for an undisclosed sum in a move designed to bolster its internet of things capability. Zementis offers software for'deep learning' which plays a crucial role in the development of machine learning, data science and fundamental technology that drives artificial intelligence (AI) development. According to Software AG, the advances in machine learning and AI are being applied in the next generation Internet of Things (IoT) such as self-driving cars, personal digital assistants, medical diagnosis, predictive maintenance and robotics. Software AG has already employed Adaptive Decision and Predictive Analytics (ADAPA) from Zementis into its Digital Business Platform to offer its clients with comprehensive insights for real time business analytics.


Tech Leaders Unite to Enable New Cloud Datacenter Server Designs for Big Data, Machine Learning, Analytics, and Other Emerging Workloads

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SAN JOSE, CA--(Marketwired - Oct 14, 2016) - Technology leaders AMD, Dell EMC, Google, Hewlett Packard Enterprise, IBM, Mellanox Technologies, Micron, NVIDIA and Xilinx today announced a new, open specification that can increase datacenter server performance by up to 10x, enabling corporate and cloud data centers to speed up big data, machine learning, analytics, and other emerging workloads. Servers and related products based on the new standard are expected in the second half of 2017. The new standard, called OpenCAPI and released today by the newly formed OpenCAPI Consortium, provides an open, high-speed pathway for different types of technology -- advanced memory, accelerators, networking and storage -- to more tightly integrate their functions within servers. This data-centric approach to server design, which puts the compute power closer to the data, removes inefficiencies in traditional system architectures to help eliminate system bottlenecks and can significantly improve server performance. OpenCAPI sets a new standard for the industry, providing a high bandwidth, low latency open interface design specification built to minimize the complexity of high-performance accelerator design.


The Big Value of Weather Data in the Big Data Economy

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What does a computer company want with a bunch of meteorologists? A few weeks ago, IBM announced it was acquiring The Weather Company, which owns Weather.com and Weather Underground, and the Wall Street Journal reported they were paying more than $2 billion for the privilege. According to The New York Times, while The Weather Company employs many atmospheric scientists and meteorologists, nearly three-quarters of its scientists work in data and computers. The Weather Company was already storing most of its data with IBM's cloud computing platform, and now Big Blue has access to all that data, which they can now sell to other companies who need to know about the weather. The ability to reliably predict the weather has always been important, but people wrongly assume that weather data is only useful to a handful of industries, like agriculture and transportation.