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ePlane, the B2B sourcing and BI platform for aerospace parts and repair, raises $9M

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ePlane, described as a B2B sourcing and business intelligence platform for the aerospace parts and repair market, has raised $9 million in funding. The round is led by Japanese trading and investing company Marubeni Corporation, along with a number of previous investors. Founded in 2016 and launched fully in 2018, ePlane has built to let users trade aircraft parts, locate repair services, and improve supply chain bottlenecks and reduce costs.

Business intelligence, meet graph. Neo4j introduces BI connector for data discovery tools

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Mixing graph and relational data is now even more accessible. What does this mean for analytics, and for graph databases specifically?

The Future of Fintech: AI & Blockchain

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Sweeping global regulations, the growing penetration of digital devices, and a slew of investor interest are catapulting the fintech industry to new highs. Of the many emerging technologies poised to transform financial services, two of the most promising and mature are artificial intelligence (AI) and blockchain. 74% of banking executives believe AI will transform their industry completely, and 46% of global financial services employees expect blockchain to improve transparency and data management.See the rest of the story at Business InsiderSee Also:The Fed's interest rate cut could boost loan productsPensionBee is launching a fund that cuts out fossil fuel investmentsLloyds and Halifax were hit with mobile banking outages late last week

Google launched an educational website on coronavirus in the United States

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Arnd Wiegmann/Reuters Google has debuted an educational website on coronavirus in the United States, designed to provide accurate information on education, prevention, and local resources. Concerns around disinformation have swirled around the pandemic, as platforms like Fox News and Whatsapp have been identified as spreading false and misleading information. Visit Business Insider's homepage for more stories. Google debuted an educational website on the coronavirus outbreak in the United States, which focuses on providing accurate information on education, prevention, and local resources.

The Future of Fintech: AI & Blockchain

Posted on
Sweeping global regulations, the growing penetration of digital devices, and a slew of investor interest are catapulting the fintech industry to new highs. Of the many emerging technologies poised to transform financial services, two of the most promising and mature are artificial intelligence (AI) and blockchain. 74% of banking executives believe AI will transform their industry completely, and 46% of global financial services employees expect blockchain to improve transparency and data management.See the rest of the story at Business InsiderSee Also:Funding Circle is planning layoffs outside the UK amid increased lossesMastercard is developing mobile point-of-sale and digital inclusion solutionsUS banks risk seeing revenue from fees slip over the next few years

Ordinal Malpractice

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We love to put things in order. “Which college is best, second best, third best, etc., and how can I get my kid into one near the top of the list?” “I love God, Mom, America, and apple pie, in that order.” “Formal education consists of elementary school, middle school, high school, undergraduate school, and finally graduate school, if you’re lucky.” “Our best salesperson is John, second best is Mary, Sally is third, and poor Harold is at the bottom of the list.” We sometimes forget, however, that when we sequence things, even when that sequence is based on a quantitative measure (e.g., salespeople ranked by sales revenues), the order itself is merely ordinal, not quantitative.

Augmented Analytics Drives Next Wave of AI, Machine Learning, BI

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Business intelligence will move beyond dashboards, and AI and machine learning will become easier for less skilled workers as augmented analytics are embedded into platforms.

7 years after hooking up, SAP gets much, much cosier with Ariba’s supply chain and procure-to-pay software

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ERP giant targets unified master data management and data model Nearly eight years after buying Ariba, SAP is integrating the UI, data management and analytics across its business applications and procurement software.…

Focused on health in the home, Novi lands $1.5M to help CPG companies source clean, safe ingredients

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Kimberly Shank has been focused for a while now on “clean” products that are made without harmful chemicals. In 2017, Shank and friend Jaleh Bisharat launched NakedPoppy, a site that curates and sells cosmetics that have been vetted by chemists (including some of its own products). Interestingly, as the young startup was announcing $4 million in seed funding last summer from Cowboy Ventures, among others, Shank — who remains on the board of Naked Poppy — was splitting off to launch a second company.

Big opening for startups that help move entrenched on-prem workloads to the cloud

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AWS CEO Andy Jassy showed signs of frustration at his AWS re:Invent keynote address in December. Customers weren’t moving to the cloud nearly fast enough for his taste, and he prodded them to move along. Some of their hesitation, as Jassy pointed out, was due to institutional inertia, but some of it also was due to a technology problem related to getting entrenched, on-prem workloads to the cloud.
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