Yandex - finally a Google Competitor? |
The company revealed Yandex Data Factory at the Le Web conference in Paris. Yandex said its technologies can be used for the personalization of recommendations, natural language processing, image and speech recognition, credit scoring, logistics optimization, demographic profiling and so on.
According to Yandex, these services have already been used by a leading European bank to crunch behavioral data, so as to match products to specific marketing channels in a personalized way. The firm’s machine learning and geolocation services were also used by a road management agency to boost accident prediction accuracy. All in all, Yandex is already providing big data services for 20 projects.
Yandex says it’s able to create various kinds of deep neural networks with MatrixNet, which is used to train ranking formulas, boosting the effectiveness of the learning process. The firm claims the cluster management tools in its Friendly Machine Learning framework make it easier to get into big data research by allowing researchers to “avoid dealing with distributed computing problems.”
It uses proprietary technologies including Yandex MapReduce and Real Time MapReduce, and Yandex Tables, which is a big data storage and processing platform.
Yandex Data Factory has an Amsterdam office as well as one in Moscow, and also has data centers across various countries. The company also offers training programs for corporate tech teams and free masters-level courses for university graduates — it actually had a data analysis school since 2007.
Note EU-Digest: Competition for Google ? - The Yandex search engine which is now getting more and more popular in Europe while Google continues to struggle with privacy issues. Yandex provides all the same features Google has and is also fast. The origin and the technology are Russian. Obviously you could be jumping from the "frying pan in the fire" by switching, but in this case one would think Yandex has far more to lose than Google and would be more inclined not to "fiddle" with your privacy. You can even download Yandex for your tablet or phone at the Google Play Store. To get Yandex for your laptop or computer you can download it from the Internet. It certainly is worth a try.and good for the competition and the consumer.
Read more: Yandex opens B2B big data division in Amsterdam and Moscow — Tech News and Analysis