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The Investing Edge
of Enterprise IT


data photo
21
Feb
2014

Data Analytics: We’ve Come a Long Way, Yet There is So Far Still to Go

Since the advent of IBM’s punch cards in the 1920s, the information technology industry has fostered improved decision making through data analysis. But the pace of progress has accelerated dramatically over the last decade, with storage costs dropping at an incredible pace (the price for a gigabyte of storage has fallen 99.5 percent since 2000), and internet connectivity becoming essentially
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27
Sep
2013

Big Data is Big Hype, but Data Analytics Delivers

At Ascent, we have been focused on the growth of data analytics – or as we called it back in 2008, the ”Explosion of Data” – for close to a decade. In the early days we backed companies such as ZoomInfo, Cymfony (acq. by TNS) and Bizo that comb the web, collecting data to build professional profiles or understand customer sentiment
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Modern computer technology in business
14
Aug
2013

Next B2B IT Forum – Data Analytics: Making It Real

We’ve long been excited at Ascent about the tremendous potential gains from the analysis of data and the complex business problems it can solve. And now I believe we’ve reached the point that organizations need to begin the shift toward data-driven decision making that can move the needle. But for many businesses, this shift is easier said than done. For
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nobigdata
21
Jun
2013

Big Data: Love the Mission, Hate the Moniker

I enjoyed speaking on a big data panel at the E2 Conference on Wednesday in Boston, but the more I participate in these events, the more I agree that “big data” is a silly marketing term, a meaningless catch-all that provides answers to nothing. Perhaps it is needed to make a distinction from traditional data analytics – as people have
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database servers
07
Mar
2013

Selling Data Insights vs. Tools? Let’s Connect

I have written a number of times about the massive potential that resides in extracting insight from data. Leveraging new database, storage, parallel processing and cloud infrastructure, we can now get to these insights at cost levels and in timeframes that can impact decision making at very regular intervals and in major ways. This was just not possible a few
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01
Mar
2013

Announcing the Ascent Storify Page

While our singular focus at Ascent is enterprise IT, our portfolio spans a wide range of tech subcategories: Software & SaaS, Data & Analytics, Cloud Business Services, Mobility & Communications, Financial Services & Transaction Technology, and Security & Compliance. Each sector witnesses regular news and innovation, and each has numerous compelling stories.      To help facilitate telling those stories, we’ve created
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24
Jan
2013

Technology Drives Change at a Top Global Bank

Ascent strives to anticipate long-term technology trends within the enterprise that can change business for the better. Taking the long view means the technologies we identify can take years before their impact is felt at the enterprise level, so it’s encouraging to get a glimpse of emerging areas of technology that are already driving massive change at large companies. Recently
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data crunch
11
Jan
2013

4.4 Million Big Data Jobs? Not So Fast

Gartner made headlines recently when it predicted big data would create 4.4 million jobs by 2015. The analyst firm opined that there’s not enough hired talent to meet the challenges of big data and finding opportunities to turn information into revenue. Gartner reasons that big data will accelerate growth in the global economy and create job opportunities. On the surface,
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07
Dec
2012

Infographic: ClickFox Finds Shoppers Get Better Customer Service Online

Last week Ascent portfolio company ClickFox published the below infographic, which shows two major trends at work simultaneously: how Big Data insights can illuminate consumer behavior and how retail is evolving from bricks-and-mortar to multi-channel commerce, which Ascent calls “More clicks, less bricks.”  ClickFox leveraged more than 500 million consumer behaviors across their customer base to reveal that shoppers are
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30
Oct
2012

Big Data Still a Tough Nut to Crack

Last week, when I was at the Xconomy Future of Big Data event moderating a panel on analytics & data infrastructure, one of the speakers essentially said the term ‘Big Data’ is somewhat meaningless. He’s right, of course; there are too many important sub-categories for one overarching term to have any real meaning. He also made the point, which I
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