siliconindia | | August 20144Undoubtedly, there is a lot of hype in Big Data. Nonetheless, billions of dollars in venture capital have been flowing into Big Data start-ups. In 2013 alone, venture capital funding of Big Data startups touched $3.6 billion where in nascent companies like Cloudera, Palantir, Mu Sigma, Opera Solutions, VoltDB, and 10gen leading the league. Though the current economy is in favor of Big Data, the space itself is in a nascent stage and the enterprises still need to embrace and execute the innovation of Big Data. To compete in the global market, the enterprises need to have a complete understanding of the market, customers, products, regulations, competitors and suppliers. This understanding demands the effective use of information and analytics. In fact, next to their employees, many companies consider information to be their most valuable and differentiated asset.Not every organization will need to manage the full spectrum of Big Data capabilities. But the opportunity to utilize new data, technology and analytics exists to some degree within every industry. For instance, verticals like media/communication, banking, services, education and healthcare seems to have the most amounts of Big Data programs while retail, insurance, transportation, utilities and government are still testing the waters. Much of the data generated by the enterprises in these industries are unstructured. To make good decisions, the managers need both structured and unstructured data. Moreover, the challenge is the accuracy with which the software can make sense of unstructured data. Today, organizations realize value by analyzing the volume, velocity and variety of new and existing data, and putting the right skills and tools in place to better understand their operations, customers and the marketplace as a whole. Though there are large number of upcoming players in Big Data, there are only very few innovative companies that understand the concerns of enterprises who turned the spending spigot on Big Data.In this issue, we have the story of ClearStory Data led by Sharmila Mulligan, CEO & Founder, A Menlo Park, CA based firm, who understand well about the enterprises concerns. ClearStory Data has carved a niche among the companies involved in the industry, within a short span of three years. Since 2011, ClearStory has made a smooth transition to the top, without ever moving from their objective of simplifying accessing, exploring and analyzing data.Please do let us know what you think.Christo JacobManaging Editoreditor@siliconindia.com Editor-in-Chief Harvi Sachar Managing Editor Christo Jacob Editorial Staff Anamika Sahu Dylan D'Souza Mewanshwa Kharshiing Rachita Sharma Sandeep Sen Sagaya Christuraj Sudhakar Singh Vignesh Anantharaj Sr.Visualiser Ashok kumar Circulation Manager Magendran Perumal Mailing AddressSiliconIndia Inc44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.440.8249, F:510.440.8276 siliconindiaNovember 2013, volume 16-11 (ISSN 1091-9503) Published monthly by siliconindia, Inc. To subscribe to siliconindiaVisit www.siliconindia.com or send email to subscription@siliconindia.com siliconindiaEditorialEmbrace the Big Data HypeCopyright © 2013 siliconindia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.siliconindia's circulation is audited and certified by BPA International. siliconindia is available through mainstream retail outlets such as Barnes & Noble, Borders, and Tower Records. It is also available at ethnic Asian Indian stores in major Indian hot spots across the U.S. The magazine is also distributed at major trade shows and conferences, including Comdex, Internet World and PC Expo.Visualisers Ranjith C Editor-in-Chief Harvi Sachar Managing Editor Christo Jacob Editorial Staff Anamika Sahu Anitha T.S Arun Kant Durgesh Prakash Maymol Philip Rachita Sharma Sandeep Sen Sagaya Christuraj Shariful Mondal Vignesh Anantharaj Sr.Visualiser Ashok kumar Circulation Manager Magendran Perumal Mailing AddressSiliconIndia Inc44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.440.8249, F:510.894.8405 siliconindiaAugust 2014, volume 17-8 (ISSN 1091-9503)Published monthly by siliconindia, Inc. To subscribe to siliconindiaVisit www.siliconindia.com or send email to subscription@siliconindia.com siliconindiaCopyright © 2014 siliconindia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.siliconindia's circulation is audited and certified by BPA International.Visualisers Jayalakshmi Ranjith C
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