Tagged: Startups

Predictive Analytics Predictions For 2014


For years companies have been unable to leverage the full power of Big Data for predictive analytics.

Thanks to the popularity of social media, there has been huge growth in the amount of information that’s generated about a consumer in regards to their daily habits, activities and interests. These new external data resources will be combined with enterprise data to increase the predictive accuracy of the underlying models.

With the amount of information that’s compiled every day, it’s easier than ever for businesses to leverage and use this data to address their specific business needs. And the benefits go well beyond use in traditional marketing applications. For example, the last presidential election was essentially won as a result of leveraging predictive analytics and computer modeling.  Further, the energy industry alone is anticipated to spend $3.8 Billion on analytics in 2014.

According to a Reuters News report, Big Data will grow by 45 percent annually to reach a $25 billion industry by next year. That means that this year, we will see a rapid growth in the use and application of predictive analytics in businesses. Here are emerging ways in which predictive analytics will evolve and be used, for this year and beyond.

Predictive Analytics Predictions For 2014 @ http://www.bigdata-startups.com

Post by Chris Matty – CEO of Versium

Advertisements

Tareasplus.com – Primer Startup colombiana en recibir inversión extranjera de US$2 Mill.


Cada 2 segundos el profesor tiene un alumno de cualquier parte del mundo.

La fiel muestra de que todo lo que se quiere se puede, es el startup de los colombianos Hernan Jaramillo y Roberto Cuartas: TareasPlus.com, quienes a través de tutoriales educativos gratis, encuentraron la mejor forma para llegar a millones de personas en el mundo.

Han logrado posicionarla esta iniciativa educativa como la más completa de habla hispana, radicando su operación en Silicon Valley son la primera en conseguir una inversión extranjera de 2 millones de dólares.

Es una de las plataformas web que ofrece a las personas aprender sin ningún tipo de restricciones, sin costo, fácil y didácticamente las áreas más “difíciles” de la educación: matemática, física y química mediante videos guiados, teniendo en un día de reproducciones el equivalente a 100 días continuos de 24 horas de clases presenciales.

El apalancamiento con inversionistas extranjeros satisface la demanda de experiencias de aprendizaje, además de mejorar la calidad de los contenidos que inicialmente se encuentran en español.

Y acá no para todo, las cifras de crecimiento y demanda de este emprendimiento son impresionantes, en promedio tiene un total de 36.000 visitas al día, cada 2 segundos un estudiante está aprendiendo matemáticas con TareasPlus.com en Latinoamérica y España.

Pero, ¿cómo dos paisas consiguen 2 millones de dólares para invertir en un proyecto educativo?

Muy fácil, la tenacidad de sus fundadores, una gran idea y la necesidad de padres y docentes porque niños y estudiantes aprendan matemática de manera eficiente y eficaz los impulsa a apostarlo todo por su proyecto dejando su país, vendiendo todo y radicándose en Silicon Valley, aprenden la cultura y trabajan sin descanso en la búsqueda de hacer su sueño realidad.

Es así como con constancia y perseverancia se convierten en el aliado perfecto de la educación tradicional, consiguieron que los estudiantes de forma extracurricular afiancen los conocimientos adquiridos en sus clases teniendo a la mano, siempre que lo necesiten, explicaciones y ejemplos que les permita aprender e interiorizar mejor los conceptos.

De dónde nace TareasPlus.com

Esta idea nace mientras su CEO y cofundador Hernán Jaramillo dictaba tutoriales de matemática para pagarse sus estudios en la universidad. Cuando comenzó a tener tanta demanda de clases se vio en la necesidad de un colaborador, subcontratando a su actual socio Roberto Cuartas.

Juntos maduran la iniciativa de hacer dinámica y moderna la forma de impartir el conocimiento, crearon formatos asequibles para la comunidad que ayudan a entender las lecciones fácilmente y permiten un refuerzo del aprendizaje.

Así, una vez aparece YouTube, usan la plataforma como medio directo para subir el material educativo y compartirlo de manera abierta con todas las personas que tiene la necesidad de mejorar en dichas áreas del conocimiento.

Actualmente cuentan con una librería de más de 1.300 tutoriales gratis donde responden las preguntas más frecuentes en cálculo, ecuaciones diferenciales, química general, física clásica, álgebra, aritmética y trigonometría.

500 Startups – Looking to Latin America and India


Seed fund and incubator 500 Startups is bullish on international investing – especially Latin America and India.

The overseas markets it will concentrate on in its second fund, said Paul Singh, an investing partner who manages the accelerator and focuses on investments in Asia.

The firm, founded in 2010 by angel investor and former PayPal executive Dave McClure, announced in June that it is raising a $50M second fund, a much larger slice of which will be set aside for overseas investments (around 25%) than in their first, said Singh. In addition to partnering with Mexican startup accelerator Mexican.VC, they’ve expanded the investing team with their first overseas hires. Venture partners in Japan and Brazil were added earlier this year, and Singh says they’re currently interviewing candidates for a similar post in India.

500 Startups’ investing strategy is sometimes described as the “Moneyball approach,” which is one reason they’re so keen on looking overseas – there’s a much greater chance of finding an undiscovered or undervalued winner than in the venture capital-saturated Valley. Others look at the pace (500 Startups has invested in over 250 companies) and call it “spray and pray.”

Companies typically get a $50,000-$250,000 initial investment, with follow-up rounds available for those that show promise. Conservatively, Singh said to expect five investments in India by the end of the year, with an additional 10-15 in 2013.

There’s no lack of promising ventures, despite relatively tight markets for angel funding, he said. Instead, the problem is discoverability: sifting through hundreds of pitches to find the winners. “In the US, you know where to look. Here, if you ask 20 people you’ll get 20 different answers for where to look, and which are the most exciting teams,” Singh said.

E-commerce companies, for example, face a range of challenges using credit cards for online transactions since regulations are stricter. Some have sidestepped the issue by incorporating outside India,Singh said, but that does little to solve the other online payment issue: credit cards are rare enough that most companies make cash on delivery an option.

But they’ll also need to adjust the way they advise companies, Singh said. “If a founder asks me, ‘What do you think of my business?’ and I say there are certain things they need to think about or change, a founder in the US would go out to a bunch of VCs, get other suggestions, and take it as one person’s thought. A founder here would be more likely to say, ‘Well, I respect him and that’s what he thinks, so I have to change it.’ We need to find a way to mentor founders so we’re giving advice and it doesn’t come across as instructions.”

Challenges aside, Singh says we can expect to see a lot more from 500 Startups in India in the next few months. They’re planning to “build the scene” with startup events, demo days and “angel education,” and Singh’s “aggressive goal” is to bring a handful of Indian startups to 500 Startups’ October accelerator in the US.

http://www.forbes.com/sites/forbesasia/2012/08/08/500-startups-looking-to-latin-america-and-india-for-second-fund/2/