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Five Minute Briefing - Information Management
August 27, 2013

Five Minute Briefing - Information Management: August 27, 2013. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.

News Flashes

Birst Inc., a provider of an enterprise-class cloud BI platform, announced it has completed a $38 million investment led by Sequoia Capital. All other existing investors participated in the round and were joined by new investors including Northgate Capital. The new funding will be used to further expand internationally, grow sales and marketing and invest in new product capabilities.

Ramping up for Oracle OpenWorld 2013, Oracle today announced the Oracle executive keynote schedule. Leading the lineup, CEO Larry Ellison will present the welcome keynote, "Oracle Database 12c In-Memory Database and M6 Big Memory Machine," on Sunday evening, Sept. 22, at 5 pm. Oracle OpenWorld 2013 takes place September 22 - September 26, 2013 at Moscone Center in San Francisco.

Vormetric, a provider of data security solutions for physical, virtual and cloud environments, has become a technology partner with Splunk Inc., which provides a software platform for real-time operational intelligence. Vormetric has also announced the general availability of Vormetric Data Security (VDS) for Splunk Enterprise, which provides customers with security intelligence for sensitive data using its Vormetric Data Firewall technology.

OpenText, a provider of enterprise information management (EIM) software, has acquired Cordys, a provider of business process management (BPM) software. The move is aimed at enabling OpenText to take a leadership position in cloud-based BPM and PaaS technologies, which due to the flexibility of systems development, are considered to be the fastest growing segment of the BPM market.

Revolution Analytics, a commercial provider of software, services and support for the open source R project, plans to offer increased support for Hadoop as a platform for big data analytics with Cloudera CDH3 and CDH4 in its upcoming release of Revolution R Enterprise 7.0.