Business Intelligence and Analytics Articles
MinIO Inc., creators of the MinIO multi-cloud object storage suite, announced it has raised $103 million in Series B funding at a $1 billion valuation, enabling the company to accelerate multi-cloud storage adoption. The investment was led by Intel Capital with participation from new investor SoftBank Vision Fund 2, and existing investors Dell Technologies Capital, General Catalyst, and Nexus Venture Partners. This financing brings MinIO's total funding raised to $126 million.
Posted January 28, 2022
StorCentric, provider of a comprehensive portfolio of secure data management solutions, is making enhancements to its Global Nexsan Partner Program, introducing the Nexsan Partner Certification Program. The new program enables Nexsan channel partners to further enhance their ability to serve end clients' data management and security needs, fortify their trusted advisor status, and drive additional business opportunities.
Posted January 28, 2022
Google Cloud is introducing autoscaling for Bigtable, enabling users to automatically add or remove capacity in response to the changing demand of applications. In a blog post, Anton Gething, Bigtable product manager and Ashish Chopra, cloud-native databases product marketing lead, announced that with autoscaling, users only pay for what they need and can spend more time their business instead of managing infrastructure.
Posted January 28, 2022
Global cloud services provider Ridge announced it has secured $22 million in early-stage funding, enabling the company to extend cloud services to locations where there is a gap in public cloud coverage, or to applications for which a public cloud is not a great fit. The funding round was lead by Gigi Levy-Weiss at NFX. NFX led the Seed round and also participated in the Series A led by Chartered Group. Mayfield, Slow Ventures, and Viola also contributed to the investment round.
Posted January 27, 2022
Firebolt, the cloud data warehouse for builders of next-gen analytics experiences, has announced a $100 million Series C funding round, reaching a $1.4 billion valuation. This latest round of funding brings its total investment to $269 million. The new funding will enable Firebolt to capitalize on the demand from tech companies to build analytics-enabled products.
Posted January 27, 2022
Cloudian is integrating its HyperStore object storage with the WEKA Data Platform for AI, providing high-performance, exabyte-scalable private cloud storage for processing iterative analytical workloads. The combined solution unifies and simplifies the data pipeline for performance-intensive workloads and accelerated DataOps, all easily managed under a single namespace. In addition, the new solution reduces the storage TCO associated with data analytics by a third, compared to traditional storage systems, according to the vendor.
Posted January 27, 2022
Confluent, Inc., the platform to set data in motion, announced the Confluent Q1 ‘22 Launch, including new additions to fully managed data streaming connectors, new controls for cost-effectively scaling massive-throughput Apache Kafka clusters, and a new feature to help maintain trusted data quality across global environments.
Posted January 27, 2022
To fast-track new businesses, Xerox has chosen an integrated set of Oracle Cloud solutions. This "Oracle-in-a-box" approach gives its businesses all they need to get up and running: an online storefront in Oracle Commerce, finance and accounting in Oracle NetSuite, budgeting and financial planning in Oracle Fusion Cloud Enterprise Performance Management (EPM), and integration in every direction via Oracle Integration, a key component of Oracle Cloud Infrastructure (OCI).
Posted January 27, 2022
Today, businesses want data to help them get deep, dynamic, and even real-time insights into their customers, markets, and supply chains, often via machine learning models. They want to make better predictions both of day-to-day realities and longer-term trends. They want data to help them create better, unique experiences for their customers. And they need fast access to data to support the rapid innovation that will let them thrive in the new hyper-competitive environment. Businesses can no longer afford to wait for the old data mills' wheels to turn.
Posted January 27, 2022
For many of today's top enterprises, the ability to get the most out of their data has become a top priority. Turning data into insights, though, is easier said than done. Organizations need a data intelligence engine that will harness the power of their data, ensure it can be trusted, and empower their data consumers with the right data at the right time.
Posted January 27, 2022
Keepit, a provider of cloud backup and recovery that offers a blockchain-based cloud dedicated to SaaS data protection, announced it has formally entered the North American market with the establishment of a U.S. headquarters in Fort Worth, Texas. The announcement comes after a $30 million investment in the company aimed at fueling Keepit's global growth in becoming a leader in the SaaS data protection market.
Posted January 26, 2022
Domino Data Lab, provider of an Enterprise MLOps platform, is releasing Domino 5.0 with new capabilities that unleash model velocity, a metric of how fast data science teams build and update models. Domino 5.0 is also the validated and integrated with NVIDIA AI Enterprise, an end-to-end software suite optimized to run AI workloads with VMWare vSphere with Tanzu, on mainstream data center servers.
Posted January 26, 2022
Stonebranch, a provider of service orchestration and automation solutions, announced that its Universal Connector for SAP has achieved SAP certification as a direct integration with SAP S/4HANA. The SAP Integration and Certification Center (SAP ICC) has certified that the Universal Connector for SAP integrates with SAP S/4HANA using standard integration technologies.
Posted January 26, 2022
To help retailers digitally transform to make their businesses sustainable, SAP is featuring a number of offerings in this space. The new SAP Intelligent Returns Management solution was built to optimize the returns process for the retail industry. The solution uses routing and dispositioning decisions driven by artificial intelligence (AI) to guide products from customers' hands to the final dispositioning steps, ultimately maximizing customer experience and company margins while also mitigating waste.
Posted January 26, 2022
Attensi AS, an SAP partner delivering gamification and simulation-based training, announced that its Attensi Technology Platform is now certified for integration with cloud solutions from SAP. Through its SAP partnership, Attensi offers an innovative learning experience using, among other approaches, gaming technology and competitive elements.
Posted January 26, 2022
ProLion, a best-in-class proactive ransomware and data protection solution provider for ONTAP storage, is releasing ClusterLion for SAP on the AWS Marketplace. For the first time, ProLion customers can take advantage of the productive and trusted AWS cloud platform, with streamlined deployment and management.
Posted January 26, 2022
Revelation Software is offering version 10.1 of OpenInsight, providing new cloud enhancements and an improved REST interface which allows developers to rapidly prototype RESTful support routines to provide access to web clients.
Posted January 26, 2022
Evoke, the low-code app development platform from BlueFinity, is designed to give developers the flexibility to make the optimum choices regarding their use of the cloud. The key to Evoke, and the benefit of using it in the cloud, is in its modern design, its inherent use of new and industry standard technologies, and in its flexibility, so that it can seamlessly support the required environment chosen by its customers, according to the vendor.
Posted January 26, 2022
Zumasys is acquiring the assets of Efficiency Partners, an Independent Software Vendor (ISV), enabling the company to add the Crescendo platform to its portfolio. Crescendo is an ERP software solution designed for manufacturers, distributors, and service companies.
Posted January 26, 2022
The Canonical Charmed Kubeflow team is releasing Charmed Kubeflow 1.4—a state-of-the-art MLOps platform. The new release enables data science teams to securely collaborate on AI/ML innovation on any cloud, from concept to production.
Posted January 25, 2022
Clearlake & TA Associates-backed Precisely, a provider of data integrity software, has signed a definitive agreement to acquire PlaceIQ, a data and technology provider that powers marketing and business decisions with location-based consumer insights. Financial terms were not disclosed.
Posted January 24, 2022
Coalesce, the data transformation company, is emerging from stealth with the launch of the Coalesce Data Transformation platform, simplifying the modeling, cleansing, governance, and documentation of data. The Coalesce platform dramatically increases data engineer productivity and insights to tackle today's data-intensive architectures—enabling data transformations at enterprise scale, according to the vendor.
Posted January 21, 2022
Deci, a deep learning development company harnessing Artificial Intelligence (AI) to build AI, is releasing SuperGradients, an "all-in-one" deep learning training library for computer vision models. SuperGradients enables developers to train PyTorch-based models for the most common computer vision tasks, including object detection, image classification, and semantic segmentation with just one training script.
Posted January 21, 2022
Cloudastructure, a cloud video surveillance provider, announced it has signed a Letter of Intent to purchase the IoT cybersecurity company IPG, adding an important new layer of cybersecurity to Cloudastructure's expanding physical and cybersecurity platform and a key offering for enterprise customers as they embrace new IoT technologies.
Posted January 20, 2022
IT environments are exploding. There is more data than ever before, in more places than ever before. Unfortunately, managing backup and recovery with legacy tools has proven complex and often lacks the visibility and security needed for IT teams to keep pace with their business. Frank Schwaak, senior solution architect, Oracle/SAP, at Rubrik, and Vigyan Jain, data management solutions architect, Asia Pacific and Japan, at Rubrik, recently discussed the importance of unifying backup and recovery with SaaS and what it means for the business.
Posted January 18, 2022
Fivetran, a provider of modern data integration solutions, is extending dbt Core with integrated scheduling and data lineage graphs. These enhancements signal a deeper integration of open-source dbt Core into Fivetran and delivers new features to help companies simplify the complexities of the modern data stack, cut costs through ELT (extract-load-transform) automation, and accelerate data-driven decisions, according to the vendor.
Posted January 18, 2022
The noted motivational speaker and author Zig Ziglar was quoted as saying, "When obstacles arise, you change your direction to reach your goal; you do not change your decision to get there." This sentiment rings truer today than ever. In the past 21 months, companies across every industry have had to alter their "go-to-market" strategies to simply survive. For the local diner, this may have initially meant relying on take-out orders, then finding ways to create outdoor seating areas, and later dealing with the weather inconveniently imposing itself on outdoor patrons. For much of corporate America, changing their company's direction to reach their goals has meant converting traditional workforces to remote employees.
Posted January 18, 2022
The ultimate goal of almost all enterprise technology is to automate manual activities into digital processes. BPM (business process management) and workflow systems have been used for decades, and, under the cover of most business applications, sit complex process, task, and workflow management. It is hard to define the sheer scale and breadth of process automation other than to say that it is pervasive. Indeed, although industry analysts love to slice and dice technologies into quadrant and wave silos, doing so with process automation technology is difficult and often, though not deliberately, misleading.
Posted January 17, 2022
From data warehouses to data lakes, there is a growing array of choices when it comes to cloud platforms, deployment models, and features. At the same time, challenges remain, including data integration and governance, performance, and management and monitoring. DBTA held a roundtable webinar featuring Anand Rao, director, product marketing, Qlik; Lewis Carr, senior director, product marketing, Actian; and Thomas Hazel, founder, CTO, and chief scientist, ChaosSearch, who discussed key solutions and best practices for succeeding with modern analytics today.
Posted January 17, 2022
AI-native project and resource management platform, Forecast, is releasing the Advanced Analytics (AvA) platform, powered by business intelligence and data analytics software, Sisense. AvA uses data intelligence to help businesses fuel growth, by providing tailored, customizable reports, dashboards and visualizations specific to individual commercial needs, using Forecast's vast and accurate data as the foundation.
Posted January 14, 2022
Jitterbit, the API transformation company, is acquiring PrimeApps, a Turkey-based innovator in low-code application development, combining Jitterbit's API integrator with PrimeApps to offer an end-to-end platform that allows non-technical people to easily build and deploy business apps with enterprise-grade features that can connect to any system, all via a low-code, custom design interface.
Posted January 14, 2022
Quali, a provider of Environments-as-a-Service infrastructure automation solutions, is releasing its Torque platform on the Microsoft Azure Marketplace, improving the productivity of DevOps teams by providing a self-service platform that enables application developers to access complete cloud environments.
Posted January 12, 2022
Combining all your data from disparate sources is the first step in turning it into business value, according to Informatica. The company recently held a special webinar focused on leading trends in modern data architecture and integration. Part of the "Back to Basics Webinars: Data Integration" series, Makesh Renganathan, principal product manager, R&D cloud, Informatica, and John O'Brien, principal advisor and CEO, Radiant Advisors, discussed what's next in XOps (DataOps, MLOps, etc.), the impact of data fabric, autonomous data integration and serverless processing, and more.
Posted January 12, 2022
SADA, a business and technology consultancy and Google Cloud Premier Partner, is releasing SADA POWER, a new services product line that leverages Google Cloud's technology and SADA's expertise to deliver valuable cloud services and solutions. Designed to align with programs and incentives from Google Cloud and SADA's Alliance partners, SADA POWER delivers customized solutions that enable businesses to navigate their cloud journeys with confidence.
Posted January 11, 2022
Bright Computing, a provider of software for managing high performance computing, is now part of NVIDIA. Its product, Bright Cluster Manager, becomes the latest addition to NVIDIA's software stack for accelerated computing.
Posted January 11, 2022
IBM has acquired Envizi, a data and analytics software provider for environmental performance management. Envizi's software automates the collection and consolidation of more than 500 data types and supports major sustainability reporting frameworks. Its customized dashboards enable companies to analyze, manage, and report on environmental goals, identify efficiency opportunities, and assess sustainability risk
Posted January 11, 2022
SaaS Management Platform Zluri announced it raised $10 million in a Series A round of funding, enabling the company to use the additional capital to continue its growth momentum and further strengthen its product's capabilities. The funding round was led by MassMutual Ventures with participation from existing investors, Endiya Partners and Kalaari Capital. Zluri had previously raised $2 million, from Endiya Partners and Kalaari Capital, in its seed round in January 2021. The company also plans to double down the teams in core markets, in Asia and North America.
Posted January 10, 2022
Modernizing applications means delivering an architecture that is flexible and scalable. NoSQL databases, such as document databases, support a flexible schema and scale out architecture. When deployed in a microservices environment, teams are empowered for rapid application development, and can build applications that meet the performance requirements of their customers.
Posted January 07, 2022
Catalogic Software, a provider of smart data protection solutions, is introducing its newest pricing structure and feature set for its cloud native back-up-as-a-service platform CloudCasa, supporting all leading Kubernetes distributions, managed services, and cloud database services.
Posted January 05, 2022
Anomalo, provider of a data quality platform, is partnering with Snowflake to help customers trust the data they use to make decisions and build products. The combination provides customers with a way to monitor the quality of the data in any table in Snowflake's platform without writing code, configuring rules, or setting thresholds.
Posted January 05, 2022
Fractal, a provider of AI and advanced analytics solutions has signed a definitive investment agreement with TPG, a global alternative asset firm. TPG is an investor in software and enterprise technology with experience partnering with top AI solutions, business analytics, and data processing companies. The transaction is expected to close by the first quarter of 2022.
Posted January 05, 2022
Oracle and Cerner have jointly announced an agreement for Oracle to acquire Cerner through an all-cash tender offer for $95 per share, or approximately $28.3 billion in equity value. The transaction is expected to close in calendar year 2022. Oracle also said that Cerner will be its anchor asset to expand into healthcare.
Posted January 05, 2022
The ability to quickly act on information to solve problems or create value has long been the goal of many businesses. However, it was not until recently when new technologies emerged that the speed and scalability requirements of real-time analytics could be addressed both technically and cost-effectively by organizations on a large scale.
Posted January 04, 2022
PingCAP, a distributed SQL provider, is offering a series of product enhancements to TiDB version 5.3, its hybrid transactional and analytical processing (HTAP) database. The new features aim to strengthen the ability to provide both high volume transaction processing and real-time analytics, delivering improved productivity and uninterrupted insights.
Posted January 04, 2022
The ability to create connected datasets is becoming one of the biggest competitive differentiators in enterprise operations. But with the rapid growth of the API economy and SaaS applications, this is easier said than done. Today's data teams must find an alternative to the limited selection of third-party connectors or the maintenance burdens of self-hosted solutions.
Posted January 03, 2022