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Five Minute Briefing - Information Management
April 17, 2024

Five Minute Briefing - Information Management: April 17, 2024. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.

News Flashes

BMC, a global leader in software solutions for the Autonomous Digital Enterprise, is acquiring the Netreo, a provider of smart and secure IT network and application observability solutions enabling the BMC Helix platform to provide customers with a full-stack, open observability, and AIOps solution. With this acquisition, BMC continues to invest in innovation—from IT operations management to service management, data and application workflow automation, and mainframe management, according to the company. 

Hazelcast, Inc., the company that enables instant action on all data, is announcing the latest iteration of its unified real-time data platform, aiming to empower organizations to rise above workload complexity in the age of AI with unparalleled consistency, performance, and scale. To enable enterprises to move past the "Day 2 problem"—or the data-related challenges the surface after AI model design—Hazelcast Platform 5.4 offers three core innovations: the advanced CP subsystem, the thread-per-core (TPC) architecture, and tiered storage.

Qdrant, the high-performance, open-source vector database provider, is debuting the industry's first native vector database offered as a managed hybrid cloud model. The new Qdrant Hybrid Cloud offering is a run-anywhere, self-service solution designed to empower enterprises to deploy and manage vector databases in any cloud provider, on-premise, or edge location. This technological feat capitalizes on the increasing demand for vector databases—particularly as it relates to supporting AI and generative AI (GenAI) initiatives—while offering utmost deployment flexibility and control over sensitive data.

Innovation in the big data and analytics space continues to blossom, with more companies than ever before riding the high of generative AI. Along with the myriad possibilities of this new sphere of artificial intelligence comes some questions and concerns. Startups are emerging to address challenges and leverage opportunities this new area may bring. Here are 30 startups DBTA thinks are worth watching in 2024.