Five Minute Briefing - Information Management
October 24, 2023
Five Minute Briefing - Information Management: October 24, 2023. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
Databricks, the Data and AI company, is acquiring Arcion, a Databricks Ventures portfolio company that helps enterprises quickly and reliably replicate data across on-prem, cloud databases, and data platforms. According to the company, this move will enable Databricks to provide native solutions to ingest data from various databases and SaaS applications into the Databricks Lakehouse Platform. The transaction is valued at over $100 million, inclusive of incentives.
DataGPT, a provider of conversational AI data analytics software, is emerging from stealth and launching DataGPT AI Analyst, uniting the creative, comprehension-rich side of a large language model (LLM) with the logic and reasoning of advanced analytics techniques. According to the company, this combination makes sophisticated analysis accessible to more people without compromising accuracy and impact.
EnterpriseDB (EDB), the leader in accelerating Postgres in the enterprise, is announcing its acquisition of Splitgraph, the provider of a serverless SQL API for constructing data-driven applications from hundreds of data sources, marking EDB's continued commitment to the Postgres ecosystem and the needs of its customers, according to the company.
Nyriad, the provider of the world's first GPU-accelerated storage system, is unveiling UltraIO-as-a-Service, an on-prem Storage-as-a-Service (STaaS) solution designed to address various organizational challenges—such as budget constraints, the rapid proliferation of data, lack of IT talent, operational complexity, and sustainability guidelines—while delivering on agility, ease of use, and billing simplicity.