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Five Minute Briefing - Information Management
February 13, 2018

Five Minute Briefing - Information Management: February 13, 2018. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.

News Flashes

CloudJumper, a Workspace as a Service (WaaS) platform provider for agile business IT, is acquiring privately held IndependenceIT (IIT) to automate the deployment of applications, data, and workspaces in the cloud. The combined synergy will drive increased margins, efficiency, and revenue opportunities for IT service providers globally.

Collibra, a provider of enterprise data governance and catalog software, has launched its GDPR Prescriptive Model, a new best practices approach to help organizations prepare for the May 25, 2018 General Data Protection Regulation (GDPR) deadline, as well as build a foundation to support ongoing data privacy initiatives.

InfluxData has closed a $35 million Series C round of funding led by Sapphire Ventures, which funds category-leading growth technology companies. Participants included new investor Harmony Partners, and existing investors Battery Ventures, Mayfield Fund, and Trinity Ventures.

Looker is unveiling new features and enhancements to its platform that will give users immediate access to insights. "We think it's really important that when folks first log into the product it's very easy for them to find what they're looking for or if they don't know what they're looking for to find something that's relevant to them," said Daniel Mintz, chief data evangelist, Looker.

At its Modern Finance Experience 2018 in New York, Oracle announced Oracle Enterprise Data Management Cloud. Part of Oracle Enterprise Performance Management (EPM) Cloud, the new offering will help customers manage important metadata structures related to their financial applications to avoid misalignment and lack of consistency, said Hari Sankar, group vice president, EPM product management, Oracle. 

Qubole, which provides cloud big data-as-a-service, and Snowflake Computing, which provides a data warehouse built for the cloud, are partnering to enable customers to use Apache Spark in Qubole with data stored in Snowflake.