Tuesday, December 01, 2009

Ex-Microsofties Launch $500 'Meaning Machine' For Large Data Sets

Ex-Microsofties Launch $500 'Meaning Machine' For Large Data Sets: "The new company is called Data Applied and offers very affordable 'data mining in the cloud' - it applies automated algorithms to large sets of data in order to extract patterns, preconditions and outliers.

Commercial licenses cost under $500 and are aimed to bring the kind of power to sales, marketing, engineering, social sciences or non-profit organizations that only banks and insurance companies used to be able to afford."