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data brain

In a move to expand its utility beyond simply finding better answers to known statistical problems, hot data-science startup Kaggle is now letting its stable of expert data scientists compete to tell companies how they can improve their businesses using machine learning. Read more »

martin o'leary

When a data scientist crunched enough numbers to predict that Sweden would win this weekend’s Eurovision Song Contest, he felt fairly confident. But he didn’t expect that the biggest noise would be the inaccurate prediction that Malta would do well — something he’s now apologized for. Read more »

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Eric Huls of Allstate Insurance, Jeremy Howard of Kaggle, and Ryan Kim of GigaOM at Structure:Data 2012

Predicting risk is key to the way insurance companies figure out your monthly rates and premiums, and it needs data and time to do so. Allstate said at Structure:Data that the best use of this data was to give it to the 30,000 scientists competing on Kaggle. Read more »

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fireworks1

If you’re like many of us, you’re already thinking over some New Year’s resolutions that will make you a better “you” in 2012. But how are the tech industries’ thought leaders approaching the new year? We asked 12 of them for their resolutions. Read more at GigaOM Pro »

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gigaompromasterimagecloud

Continuing a yearlong trend, the fourth quarter in big IT was all about big data, and Hadoop in particular. Still, many are beginning to recognize the software framework’s shortcomings, which is why this quarter also saw more attention for startups claiming easy analytics and real-time processing. Elsewhere in infrastructure, SaaS startups made out well and valuations for these companies are getting higher, and naturally there was news from the AWS camp. This quarterly wrap-up examines these events and more, including the quarter’s dark spot, the hike in prices in the hard-drive manufacturing space due to the floods in Thailand. Companies mentioned in this report include Calxeda, Heroku, Rackspace, Salesforce.com and Tier3. For a full list of companies, and to read the full report, sign up for a free trial. Read more at GigaOM Pro »

crowdsource

In the world of science, cloud computing provides an ideal platform for crowdsourcing scientific problems across the whole world of researchers, giving them access to data sets and the computing resources to analyze them. If big data is any indicator, scientific crowdsourcing should catch on. Read more »

telescope

All startup activity around cloud computing in the past few years has been great, but it also means there’s precious little room on the playing field for newcomers. Here are 10 cloud startups launched in 2011 that have a chance to make it big in 2012. Read more »

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toolbox

The future of work is already here. It is just already distributed, one might say. The freelance economy, microtasking, mobile workers, coworking spaces, crowdsourcing: All of these point to how work is increasingly shifting from the twentieth-century model of Taylorism (think scientific management applied to labor processes such as assembly-line production and fixed workplaces) to a more flexible, hyperspecialized and connected workforce. This report examines the new world of work, from the devices and software services we use to the growing role of social media, the importance of a group-centric mentality and how the roles of employees, managers and organizations are evolving. Read more at GigaOM Pro »

kaggle

Big data technology is attracting some big bucks. Kaggle, a startup that helps companies outsource large business analytics projects by turning them into large-scale competitions for scientists around the world, will announce Thursday it has secured $11 million in venture capital funding. Read more »