Description: Big Data is attracting big money — $100 million at Accel Partners, the VC firm. “Big data is one of the biggest transformational changes in the data center and IT landscape,” said Ping Li, a partner at the VC firm Accel Partners, which is running a $100 million Big Data fund. “It happens once… Read more »
Posts Categorized: data mining
How Companies Learn Your Secrets
Description: Andrew Pole had just started working as a statistician for Target in 2002, when two colleagues from the marketing department stopped by his desk to ask an odd question: “If we wanted to figure out if a customer is pregnant, even if she didn’t want us to know, can you do that? ” Source:… Read more »
Drugmakers Mine Data for Trial Patients
Description: A Pfizer-led group plans to buy access to hospital records in New York State to help identify and enroll participants in drug studies Source: www.businessweek.com/ Date: Nov 3, 2011 Pharmaceutical companies can easily spend years—and more than $1 billion—bringing a new drug to market, in part because they can’t find enough patients to do the… Read more »