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Five Minute Briefing - Information Management
June 11, 2024

Five Minute Briefing - Information Management: June 11, 2024. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.

News Flashes

Cloudera, the data company for trusted enterprise AI, is acquiring Verta's Operational AI Platform—further solidifying Cloudera's position in the AI landscape. The Verta team will join Cloudera's machine learning group, reporting to chief product officer, Dipto Chakravarty. The Verta team will draw on their collective expertise to help drive Cloudera's AI roadmap and enable the company to effectively anticipate the needs of its global customer base, according to Cloudera. 

To gain insight on the adoption and maturity of data management technologies and practices, DBTA and Radiant Advisors surveyed more than 250 IT leaders and professionals at organizations across North America to identify the key perceptions, priorities, challenges, and technology plans underlying modernization efforts today.

Juniper Networks, a leader in secure, AI-Native Networking, is introducing a new round of innovations to its AI-Native Networking Platform, delivering exceptional value and cost savings to enterprises requiring secure branch connections.

StorMagic, the company solving the world's edge data problems, is unveiling SvHCI, an innovative response to the spike in costs of hypervisors—namely, by VMware and its recent acquisition by Broadcom. SvHCI is the world's most inexpensive, full-stack, hyperconverged infrastructure (HCI) solution—offering both a hypervisor and a storage layer—purpose-built for edge and small to medium-sized business (SMB) environments, according to StorMagic.

Timescale, the Postgres cloud database company, is debuting two new open source extensions—pgvectorscale and pgai—which extend the strengths of PostgreSQL to AI development use cases, such as building retrieval augmented generation (RAG), search, and AI agent applications. Enabling enterprises to benefit from the familiarity of PostgreSQL while still achieving the sort of performance that a specialized vector database provides, Timescale's latest extensions aim to make PostgreSQL better for AI development.