Pimcore closes $3.5M for its open-source data platform to expand in the US

Pimcore, an open-source platform for data and customer experience management which has emerged out of Austria, has closed $3.5 million in a Series A funding led by German Auctus Capital Partners AG. The funding will be used for its US expansion. Pimcore is aimed at any channel, device, or industry that wants to manage its digital data and customer experience. While there are several such companies on the market today, Pimcore claims to be an ‘out-of-the-box’ solution and the only open-source platform out there, thus competing with more proprietary products from SAP or Informatica which typically run on licensing business models.

Majority of firms have low business intelligence and analytics maturity

This low maturity is creating an obstacle for firms wanting to increase the value of their data assets and exploit emerging analytics technologies, says Gartner's Melody Chien.

Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation

A slew of venture capitalists known for high-profile exits — Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla Ventures, Alfred Lin of Sequoia Capital and Alex Taussig of Lightspeed Venture Partners — have invested in Faire (formerly known as Indigo Fair), a 2-year-old wholesale marketplace for artisanal products. A quick glance at Faire suggests it’s a combination of Pinterest and Etsy, complete with trendy, pastel stationery, soap, baby products and more, all made by independent artisans and sold to retailers.

Minted lands $208M Series E from Permira and T. Rowe Price

Minted, a company we’ve been covering on this site for a decade-plus, plans to double down on its wholesale and licensing business, which helps larger retailers sell stationery, art and home decor designed by its community of independent artists. To fund the growing initiative, the design marketplace is today announcing a $208 million Series E funding led by Permira, with participation from T.

Is UX Important To Business Intelligence Analytics?

“Data is what you need to do analytics. Information is what you need to do business.”– John Owen A simple and effective user experience unfolded with clear and crisp user interface goes a long way in making the user happy and satisfied. Especially, when it comes to the world of business intelligence dashboards, a good user experience plays a significant role.  It isn’t always necessary to overwhelm the user with complicated user interactions.

This data-driven banking analytics tool is smart, modern, and unbiased

IBM Secure electronic banking, ubiquitous mobile technology, and an overwhelming volume of financial information available in an instant have created a demanding global audience of banking consumers — along with endless opportunities for financial institutions to reshape themselves into lean, customer-centric organizations. But only if they have the analytics they need to make truly data-driven decisions. It might seem like the self-service business intelligence (BI) tools that have entered the marketplace in the last decade could enable this.

AtScale lands $50 million investment led by Morgan Stanley

AtScale, the startup that helps companies move massive amounts of data into business intelligence and analytics tools, announced a $50 million Series D round today. Morgan Stanley led the round with previous investors Storm Ventures and Atlantic Bridge joining in. New investor Wells Fargo also participated. The funding comes almost exactly a year after the company announced its $25 million Series C.

Using data management to usher in the future of human resource

Metrics and a human resource dashboard are game changers pushing the most progressive brands around the world to take HR decisions that seem unconventional but prove to be wildly effective.

3 Big Mobile Data Predictions For 2019 Worth Watching

In 2016, IT professionals and web developers alike were astounded at the growth of the mobile web. People were downloading mobile data at a year-over-year growth rate of 125 percent — accounting for a total of 10 billion gigabytes of downloads in a single year — which equaled out to an average of over 31 gigabytes per person in the US. By 2020, Zenith forecasts that people will consume 28 percent of all media via mobile internet, and this could be an underestimate because of 5G.

Is Big Data The Key To Redesign-To-Cost Implementation?

PTC published a fascinating study on the impact of big data on product design. Their white paper illustrated a number of ways that big data can play a valuable role in the evolution of new product design and implementation. “Big data is going to impact many industries, and product design is no exception. That’s in part because engineers will increasingly design sensors and communication technology into their products—like the Google car.
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