Five Minute Briefing - Information Management
May 13, 2011
Five Minute Briefing - Information Management: May 13, 2011. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
Alpine Data Labs, developer of Alpine Miner, a solution for big data predictive analytics, has received $7.5 million in Series A funding. In addition, after 15 months of product development, the company also announced its 10th production customer and its formal launch in the U.S. market. According to Anderson Wong, Alpine Labs CEO and co-founder, organizations cannot extract all the possible value from their data because it is growing faster than they can analyze it, they don't have enough resources with analytics expertise, and the tools they're using are too complex to get to the answers they need quickly.