Why Google bought Kaggle, a service for data researchers?

Representatives of Google, speaking at a conference Google Cloud Next in San Francisco (March, 2017), confirmed the purchase of a start-up Kaggle, which created the platform for data researchers, where they can test the analysis models on current problems.

Kaggle is the largest platform for conducting competitions among data specialists and machine learning. Hundreds of thousands of users are registered on the site. Access to them will strengthen Google's influence on the community of artificial intelligence specialists. The company's competition with other major players in the artificial intelligence market (Amazon) requires constant activity, and buying Kaggle is an important step in this direction.

It will allow strengthening of Google's position in the community of researchers on data processing, as well as in the struggle for the best professionals in the market.

The active spread of artificial intelligence technologies opens up access to the market for small and medium-sized companies, whose combined influence can shake the acknowledged leadership of Google in the field of machine learning. The new takeover is an additional trump card to preserve the status of the corporation.

 Founded in 2010, Kaggle unites more than 500,000 data specialists. Despite the presence of strong competitors in the person of Driven Data, Top Coder and Hacker Rank, the project managed to quickly gain popularity due to a clearly marked niche. Investors of the service - Yuri Milner, Max Levchin, as well as Khosla Ventures, Index Ventures and other funds. Over the period of its existence, Kaggle attracted $ 12.5 million.

Retrieved from: https://techcrunch.com/2017/03/08/google-confirms-its-acquisition-of-data-science-community-kaggle/amp/

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