Crayon Data raises more than 1.75 mil SGD in second round of funding

BANGALORE, INDIA: Crayon Data, a Singapore-based big data start-up with a key development centre in Chennai, announced that it has raised in excess of 1.75 million Singapore Dollars (SGD) in its second round of fund raising since the initial round of funding at the end of 2012. Suresh Shankar, founder of Crayon Data said: “The success of this round reflects a valuation increase of 75 percent from the previous round…

Read More

Crayon Data democratizing the use of Big Data

Currently funded by a select group of private individuals and angel investors, Crayon Data is defining the Big Data landscape by not just creating products and applications but by nurturing and developing ideas and thought leadership. With a development centre in Chennai, Crayon reflects the next phase of the journey of Suresh V. Shankar, Founder, Crayon Data, as an entrepreneur, an innovator and an analytics evangelist. Crayon is in the…

Read More

Srikant Sastri to become co-founder of Crayon Data

Singapore-headquartered Crayon Data, with a development centre in India, has announced appointment of Serial entrepreneur and digital evangelist, Srikant Sastri, as its Co-Founder. Srikant said, I am excited about the way Crayon brings together the world of enterprise analytics and digital and social media onto one Big Data platform. As organizations cope with rapidly-growing silos of data within and outside their business, Crayon provides some real answers. Working with Suresh…

Read More

Indian Services Entrepreneurs Venturing Into Products: Suresh Shankar and Srikant Sastri, CoFounders of Crayon Data

uresh Shankar is the Founder Director at Crayon Data. Prior to founding Crayon Data he held various positions at IBM, RedPill Solutions, ANN AMRO Bank, Young & Rubicon and JWT Fulcrum. He was the CEO at RedPill which was sold to IBM in 2009. Srikant Sastri is another serial entrepreneur and seasons executive who joined the founding team at Crayon Data. He has held varying positions at Team4U, Vivaki, an…

Read More

The Metaphysics of Big Data: Problem of Induction

How do we, human beings, acquire knowledge? Think for a sec! And don’t tell me that it is from text books, TV, internet or newspapers etc!!! Scholars say that there are mainly (debatably) five valid ways (Perception, Inference, Comparison, Verbal Testimony and Revelation) through which human beings attain knowledge and the most reliable and widely-accepted one, according to scientists and empiricists, is Sense Perception/Experience. We encounter the world and its…

Read More

Crayon Data Founder, Suresh Shankar analyses Big Data over the last 13 years

With ever increasing volumes of data, companies have started stressing a lot on how to make sense accurately from this and hence the filed of Big Data has emerged. From retail to telco and pharma to digital marketing, data and analytics are becoming core to the business. While the world has now woken up to (and how!) and is engulfed in this boom, Crayon Data founder and CEO, Suresh Shankar has been part…

Read More

Thamzi and Big Data

Have you ever read an autobiography and felt that the bugger is almost living your dream? One such book I read was “Don’t ask any old bloke for directions” by Palden Gyatso Tenzing. Some 200 odd pages full of what I have always dreamt of doing. This book is by an IAS officer who gave up his cozy job, something which he had anyways hated for 20 long years. Fed…

Read More

Big Data Start-up Crayon Data Shares Plans for India Market

The big data-analytics start-up, Crayon Data, has announced its plans for India market. Crayon already has a few customers in the US and UK markets, and its founder and CEO, Suresh V Shankar is confident that they can replicate the success in other emerging markets in Asia Pacific and Middle-East. Head-quartered out of Singapore, the company has its development center in Chennai. “We started off formally in October last year…

Read More

Big Data and the Paradox of Choice

“Autonomy and freedom of choice are critical to our well-being, and choice is critical to freedom and autonomy. Nonetheless, though modern Americans have more choice than any group of people ever has before, and thus, presumably, more freedom and autonomy, we don’t seem to be benefiting from it psychologically.” — Psychologist Barry Schwartz (The Paradox of Choice – Why More Is Less) The official dogma of all industrial societies across…

Read More

‘Big Data vs Intuition’ paradox explained

Every business leader will have a dad’s story, I believe, — a memory or nostalgia how he/she was inspired by the attitudes/thoughts/decisions (sometimes seemingly tough, painful and even stupid) of his/her dad in paving a unique way to success and beyond. Here is one such story: “We didn’t pick our dads. We either were lucky or unlucky with the dad we ended up with. In my case, I was lucky.…

Read More