Ping Li, General Partner at Accel Partners, addresses the opportunity for enterprise big data startups competing against legacy vendors at Data Driven NYC in 2012.
“It's such a great time to be a startup right now because the incumbents are so far behind. They have not innovated, ah, in the last decade. And any of the big data dimensions are the applications, storage, the data layers.”
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More from Ping Li
Opinion
Ping Li: The tech market does not need 10 more Hadoop infrastructure startups
“The world doesn't need You know, another 10 companies trying to solve the problems of Hadoop.”
Ping LiDec 5, 2013▶ 50:09Panel: Big data and VCs (Accel, IA Ventures, Data Collective) // Data Driven NYC #8// Oct 2012
PredictionNot checkable as stated
Ping Li: Hadoop will be a definitive platform for big data workloads
“Hadoop I think will be a definitive platform for a lot of big data workloads.”
Ping LiDec 5, 2013▶ 38:13Panel: Big data and VCs (Accel, IA Ventures, Data Collective) // Data Driven NYC #8// Oct 2012
PredictionNot checkable as stated
Ping Li: Enterprise data applications are moving irreversibly to the cloud
“I do think that the trend line is towards the cloud. You know, if you look at where applications are getting launched these days and where the data resides, they're not going to pull that back into the, Four walls to do their data munging, right? They're gonna…”
Ping LiDec 5, 2013▶ 1:00:55Panel: Big data and VCs (Accel, IA Ventures, Data Collective) // Data Driven NYC #8// Oct 2012
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