Big Data Startup Crayon Data Wants To Chase Non Linear Revenue Growth, The Holy Grail of Indian IT

Non linear revenue growth has been the holy grail Indian IT companies have been chasing for many years. That is, how do you grow revenues without a corresponding growth in the number of people and costs? A platform play is an obvious choice. The growth in big data offers them a new opportunity. Singapore & Chennai based big data startup Crayon Data is building one such platform. The company recently announced that it raised Rs 8.75 cr in its second round of funding from…

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Big Data Made Visual

“Computers in the future may weigh no more than 1.5 tons” – Popular Mechanics, forecasting the relentless march of science, 1949. Predictions. Rock solid, one day.  Busted as myth, the next.  But the relentless march of our imagination – and creation – must go on. From children’s literature to crime thrillers, weather forecasts to wars, earthquakes to alien invasions, we are sure almost nothing will escape the tantalizing tales that big data will reveal. And so, just for the fun of it,…

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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 of funding, which was concluded at the end of 2012.…

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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 process of building a business and technology platform that democratizes…

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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 and rest of the Crayon team is something that I…

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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 Growth-For-All before founding Crayon Data. Sramana: Before we delve into…

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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 objects directly through our five senses. When contacted, an object…

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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 of this space since early 2000, with his first startup…

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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 up with being “a round peg in a square hole”,…

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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 and we have made tremendous progress in the last 9…

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