Five Minute Briefing - Information Management
September 23, 2021
Five Minute Briefing - Information Management: September 23, 2021. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
From data ingestion to data modeling and governance, more and more organizations are looking towards automation to accelerate and improve data management and analytics processes. And at a time when data environments continue to expand in size and complexity while IT staff sizes remain relatively flat, it's easy to understand the appeal. Business leaders are hungry for fast, actionable insights. Manual tasks are error prone and time consuming. For many enterprises, the traditional approach to data management is no longer sustainable, particularly when it comes to enabling modern data analytics strategies.
Matillion, a leading cloud data integration platform, announced it has secured $150 million in Series E funding, empowering the company to continue to grow its cloud analytics, AI, and machine learning for large global enterprises. The funding round was led by General Atlantic, a global growth equity firm, with participation from Battery Ventures, Sapphire Ventures, Scale Venture Partners, and Lightspeed Venture Partners.
Nutanix, a provider of hybrid multi-cloud computing, is adding new capabilities in the Nutanix Cloud Platform that make it easier for customers to simplify data management and optimize database and big data workload performance.