The Investing Edge
of Enterprise IT


Big Data enter key
10
Jun
2014

Five Ways to Advance your Career with Modern Data Architecture

Guest post by Todd Christy, Slalom Consulting and member of Ascent’s Technical Advisory Board. What do flat tires and Hadoop have in common? If you’re one of the 75 million drivers covered by the largest US roadside services provider you may experience the real value of “big data” when your tow truck arrives promptly to swap your tire or fill your
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data photo
06
Jun
2014

Why Creativity is Essential to Data

There’s a common misconception that engineers and data scientists are “number crunchers,” and are not creative. They use the left side of their brains, as the popular opinion goes, to present stodgy, black-and-white data, trends, ideas, etc. The “creatives” reside on the other side of the company, immersed in the innovative and artistic work – design, music, advertising, PR, etc.
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summer_reading
23
May
2014

An Entrepreneur’s Summer Reading Guide

Whether a week at the shore or just a quiet Friday afternoon away from the algorithms, summer is a great time to catch up on reading. You’ll find below a grab-bag of book suggestions – old and new – for entrepreneurs, from Pulitzer Prize-winning titles and the new new thing to “big picture” reading and pure escapism.   The Art of the
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iotmay
21
May
2014

Ascent Index: Internet of Things (IoT)

Even though the concept of the Internet of Things (IoT) was introduced in 1999 by Kevin Ashton, only relatively recently has it gained significant footholds both culturally and professionally. But make no mistake: IoT has enormous potential, with Cisco suggesting the market opportunity for the next decade is north of $14 trillion. It seems an ideal time to use the
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19
May
2014

Ascent Portfolio Company Invaluable Inks Important Deal with eBay

Our portfolio company Invaluable just announced a partnership with eBay. We congratulate Invaluable CEO Rob Weisberg and the entire Invaluable team for this extraordinary accomplishment. This partnership recognizes Invaluable’s leadership of the online live auction market. The combination of eBay’s 145 million active buyers with Invaluable’s auction house network should provide enormous benefit to both companies. As featured in our recently held
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Landmark CIO Summit 2014
11
Apr
2014

Observations from the Landmark CIO Summit 2014

On Wednesday I attended the Landmark CIO Summit 2014 in New York City. With hundreds of attendees – including CEOs, CIOs, and other senior technology executives – and 49 speakers, there was certainly a lot to talk about.  And due to the private, invitation-only format of the summit, attendees were able to engage in candid discussions and debates. Overall, it was
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Security
04
Apr
2014

Why the IT Security Market Needs to be Even Greater than $60 Billion

In recent posts we’ve discussed how the shift to the cloud, the explosion of mobile usage, and the massive growth in data will help drive the next wave of productivity and economic gains for companies. But these new technologies also dramatically shif the nature of where data is, how much there is, and how it is accessed, and therefore require
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forum1
04
Mar
2014

B2B IT Forum: How the Cloud Enables Legacy Market Disruption

Executives from Hailo, Invaluable, CustomMade and HubCast shared stories and insight regarding how their companies are transforming legacy markets.  While they are still relatively early on in their development, they have each made significant progress with some impressive stats and it is not too hard to imagine them becoming the Amazon or Orbitz of their industries. Invaluable, a marketplace platform
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global_innovation
03
Mar
2014

Innovation & Immigration: The Lesson of WhatsApp

My partner Matt Fates and I have been traveling through Europe this past week as part of the fundraising process for our new fund. After a busy prior few weeks of domestic travel, I am eager to return home, but I do so with enhanced perspective.  While Putin intended the Sochi Olympics to dominate the news, his connection to events
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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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