Five Minute Briefing - Information Management
August 1, 2019
Five Minute Briefing - Information Management: August 1, 2019. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
Armory, the enterprise software company commercializing Spinnaker, is receiving $28 million from a Series B financing round, allowing the company to increase research and development of Spinnaker.This round was led by Insight Partners and included follow-on investments from all existing investors, including Crosslink Capital, Bain Capital Ventures, Mango Capital, YCombinator, and Javelin Venture Partners. This new round brings the company's total funding raised to date to over $42 million.
IBM has announced that its software portfolio is now cloud-native and has been optimized to run on Red Hat OpenShift. Enterprises can build mission-critical applications once and run them on leading public clouds, including AWS, Microsoft Azure, Google Cloud Platform, Alibaba, and IBM Cloud, as well as on private clouds.
Oracle has announced the general availability in all commercial regions of Oracle Functions, Oracle Cloud Infrastructure's functions-as-a-service (FaaS) platform. The announcement was made in an August 1 blog post by Shaun Smith, who leads serverless product management at Oracle and is a member of the open source Fn Project functions platform team. According to Smith, Oracle Functions is built on the Apache 2.0 licensed Fn Project, which can be used anywhere, from a developer laptop to a cloud compute platform, and customers have the option to operate their own functions service in-house or use the cloud-scale Oracle Functions platform to avoid the costs associated with managing infrastructure.
Unravel Data, a provider of full-stack visibility and AI-powered recommendations, is releasing a new cloud migration assessment to help organizations move data workloads to Azure, AWS, or Google Cloud faster and with lower cost. Unravel has built a goal-driven and adaptive solution that provides comprehensive details of the source environment and applications running on it, identifies workloads suitable for the cloud and determines the optimal cloud topology based on business strategy, and computes the anticipated hourly costs.
Google Cloud will begin supporting VMware workloads, said Thomas Kurian, CEO, Google Cloud. The new solution will leverage VMware software-defined data center (SDCC) technologies, including VMware vSphere, NSX and vSAN software deployed on a platform administered by CloudSimple for GCP.