Big Data

Parastructure

Dropbox Acquires Big Data Company ‘Parastructure’

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Dropbox has been acquiring companies to help it expand the services that it can offer to consumers and enterprises beyond cloud storage. But the company — which has raised $1.1 billion and is among the larger tech startups tipped for an IPO – is also making strategic acquisitions to help keep its own house in […]

MasterCard

MasterCard is Turning its Big Data Into Big Money

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MasterCard, the world’s second-largest debit and credit card company, sees business booming from selling data to retailers, banks and governments on spending patterns found in the payments it processes, a top executive told Reuters. MasterCard, which handles payments for 2 billion cardholders and tens of millions of merchants, uses that information to generate real-time data […]

Big Data

Why Every Company is Actually a ‘Big Data’ Company

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Every day companies collect data about their customers and industries, simply as an artifact of the act conducting business. As I listened to a panel on Big Data yesterday at the MIT Sloan CIO Symposium in Cambridge, Mass., I had an epiphany: every company is a Big Data company, it’s just that some get it […]