The Investing Edge
of Enterprise IT


18
Feb
2015

Democratizing Analytics with RapidMiner

Today I’m happy to announce Ascent’s newest portfolio company, RapidMiner. In leading the $15M Series B financing of RapidMiner, we are following through on an investment theme I’ve been pursuing for several years – bringing advanced analytics to the business analyst. As we’ve all seen, there’s been tremendous hype around big data, but unfortunately many companies have been left disappointed
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g
22
Jan
2015

Retro Chic: The IoT Means Hardware Engineers Are Cool Again

In the beginning there were Military Engineers who built bridges and designed fortifications. When peacetime came, some headed to dig in the mines and others to build roads, canals and cities. For the first 50 years of the 19th century, engineers came in five basic flavors: Military, Mining, and Civil, and with the rise of steam, Naval and Railroad. In those
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08
Jan
2015

Why the Northeast is Best for Enterprise IT Investing

A recent look at 2015 innovations trends by IDC shows significant growth in nearly every area impacting enterprise IT – including cloud, big data and analytics, mobile and internet of things. In fact, cloud services, a hotbed of activity in 2014, will likely accelerate in 2015 with $118 billion in spending on the greater cloud ecosystem. As the topic rises
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Sustainability
17
Dec
2014

How the Internet of Things Can Improve Environmental Sustainability

I’m a graduate of the College of Agriculture and Life Sciences at Cornell and sit on the board of Change is Simple, a non-profit devoted to educating the next generation to become thoughtful and aware of environmental issues and social responsibility. I also surf as frequently as possible, when I can find free time, literally immersing myself as often as
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Time to Adapt - Clock
16
Dec
2014

The new normal: Cloud, it’s not just early adopters anymore Part II

In our last blog post , we referenced an IDG study suggesting that in the past two years, the percentage of enterprises with either applications or infrastructure running in the cloud has gone from just 12 percent to an enormous 69 percent. This post will discuss why. Business Insider recently reported that a gigabyte’s worth of storage on a hard drive
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cloud image
11
Dec
2014

The new normal: Cloud, it’s not just early adopters anymore: Part I

With last month’s sold out AWS re:Invent conference in Las Vegas and the jam-packed media frenzy around cloud industry announcements, it’s clear that “the cloud” continues to drive enormous PR and marketing spend. Conversations with IT decision makers across companies large and small, within many different industries, indicate that the level of adoption advanced significantly in 2014. Not only are
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Maturity graph
10
Nov
2014

Why Early Stage Investing Continues to Excite

At Ascent, we firmly believe that the early stage is the ideal time to invest in emerging enterprise IT companies. Injecting capital during that sweet-spot inflection point  – after product or service development and initial customer feedback, but before the company has started to scale – can deliver high multiple returns when executed well. But that’s not to suggest it
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BYOA_10.23.14
24
Oct
2014

Why We’re Watching the Bring Your Own App (BYOA) Trend

The BYOA movement continues to grow – both in enterprises worldwide and in social media. While Dropbox, Google Drive, OneDrive and others continue to proliferate as means for employees to work more productively, social mentions of BYOA have increased as well, according to the latest iteration of the Ascent Index. But is BYOA getting the level of attention it really
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B2B IT Forum 10.14.14
17
Oct
2014

Want to change the world? ‘Secure’ the Next Killer App in IoT

“What’s the next killer app in the Internet of Things?” It was the first of many topics of discussion at the Ascent B2B IT Forum in Cambridge on Tuesday night. In front of a packed house of nearly 200 attendees, panelists at “From Industry 4.0 to iWatch: The Internet of Things” suggested several groundbreaking ideas that might be in the
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ascent strategy photo for blog
14
Sep
2014

Announcing the October B2B IT Forum on the Internet of Things

Industry analysts have predicted 26 billion devices will be connected to the internet by 2020, creating a several trillion dollar market in Internet of Things (IoT) goods and services. With claims that this sector could usher in the Fourth Industrial Revolution, it’s important to look beyond the hype and better define the opportunities and challenges presented by IoT. The widespread
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