DATA & ANALYTICS

Big data analytics developers are spending the majority of their time creating Internet of Things (IoT). Read More: www.cloudcomputing-news.net

The new class features the program's first international participants, and includes startups looking to spread FinTech innovation to a range of verticals. Read more: www.finextra.com

SigOpt, a research optimisation and machine learning startup, has raised $6.6m in a Series A round led by Silicon Valley heavy weight Andreessen Horowitz.

Grant will give companies access to a feed of financial account and investment fund data at no cost for 18 months. Read more: www.cio.com.au

Insurers have to be upfront with consumers that there are risks involved, but remain open about how they plan on using their data - leaving no room for doubt. Read more: www.insurtechnews.com

Within the silos of incumbent financial services, so-called FinTech companies are good at picking off one thing only and doing it well. Read more: www.newsweek.com

Did you know that the two top-sellers right before a hurricane hits are beer and Strawberry Pop-Tarts? Or that demand for books increases when the weather starts to get colder? Read More: www.hpcwire.com

Australian bank Westpac is making use of its investment in DataRepublic, with the launch of a new service allowing corporate clients to store and exchange anonymised customer data.

K.S. Viswanathan, Vice President, Nasscom, said the sector was expected to grow at CAGR (compounded annual growth rate) of 26 percent over next five years. Read More: economictimes.indiatimes.com

BBVA has installed veteran David Puente as global head of data. Read more: www.finextra.com