Entrevestor, Progress And Springboard Highlight Big Data
November 15th, 2013
Entrevestor and Progress Media have released an Entrevestor Intelligence report on Big Data in Atlantic Canada.
The report outlines how the Atlantic Canadian startup community fits into the global revolution in data analytics – the opportunities, the challenges, the progress so far.
What Entrevestor learned is that companies involved in this space are resonating with investors, and that the segment is growing. It’s also improving healthcare, as companies begin to probe how society can benefit by using health-related data to improve processes.
The reason for the segment’s growth is not just that new companies are forming to analyze data. What’s also happening is companies active in other tech segments – like Equals6, a career-focused social network for students – are realizing the economic potential of the data they create. These companies are developing analytics features to generate revenue.