Big Data – SiliconANGLE

Red Hat makes large strides in developer experience and supply chain security

Victor Dabrinze — Thu, 25 May 2023 19:40:48 +0000

Several announcements headlined this week’s Red Hat Summit event, one of which was Ansible Lightspeed, an offshoot of last year’s Project Wisdom, geared toward the artificial intelligence-driven automation of IT workloads. On the backend, Red Hat Inc. has also invested in improving the overall experience for Ansible developers, in addition to securing critical software supply chains. “I […]

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Splunk surprises investors with stronger-than-expected earnings and revenue

Duncan Riley — Wed, 24 May 2023 23:19:56 +0000

Shares in Splunk Inc. rose in after-hours trading today after the big data company surprised investors with stronger-than-expected earnings and revenue in its fiscal first quarter. For its fiscal first quarter that ended April 30, Splunk reported adjusted earnings of 18 cents per share, up from a loss of 32 cents per share in the […]

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The role of AI in shaping the semantic layer: Insights from AtScale

Alice Gillin — Wed, 24 May 2023 19:12:07 +0000

Applications are continuing to move from process-centric to data-centric, meaning that rather than data being locked inside applications in silos, the business logic will be embedded in the data and organizations will begin to build data apps. AtScale Inc. was one of the first independent semantic layers for data and analytics, and in the past […]

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DataOps.live raises $17.5M to help companies manage their Snowflake environments

Maria Deutscher — Wed, 24 May 2023 17:22:52 +0000

DataOps.live, a London-based startup that provides software for Snowflake Inc.’s cloud data platform, has secured $17.5 million in fresh funding. The Series A round was announced this morning. Notion Capital led the round with participation from Snowflake and Anthos Capital. DataOps.live, officially DataOps Software Ltd., previously raised a $10 million seed investment last January. Organizations […]

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HPC and quantitative finance: A new frontier in real-time risk analysis

Victor Dabrinze — Tue, 23 May 2023 20:00:15 +0000

High-performance computing comes in especially handy in operations involving the analysis of large datasets. Traditional application areas such as meteorology, research, manufacturing, life sciences and finance all share this trait. With finance, in particular, HPC is being used at the quantitative level to perform activities ranging from credit valuation adjustment to risk analysis and trading […]

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AI’s impact on high-performance computing and how the Omnia project fits in

Victor Dabrinze — Tue, 23 May 2023 17:55:25 +0000

Last year, the discourse about high-performance computing trends focused on the increasing importance of software, as opposed to hardware, in steering innovation there. Now, a new factor is at play. Since its recent explosion, artificial intelligence has begun to cut across several HPC operations within the enterprise. “I think there is an intersection between HPC and […]

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Microsoft debuts Fabric, a single, integrated data analytics platform for AI and business

Mike Wheatley — Tue, 23 May 2023 15:00:18 +0000

Microsoft Corp. today debuted a new and integrated data analytics platform called Microsoft Fabric that brings together all of the data and analytics tools an organization needs to build the foundation of artificial intelligence. The platform was announced at Microsoft’s annual developer conference Build 2023 running today through Wednesday in Seattle. It integrates platforms such […]

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IBM doubles down on generative AI and hybrid cloud

Tony Baer — Tue, 23 May 2023 13:25:04 +0000

Returning to live in-person events, our overriding impression from IBM Corp.’s annual Think event a couple weeks back was that the company showed unusual discipline by confining the focus to a couple of core themes: generative AI and hybrid cloud. Given the hype around generative AI with the public preview of ChatGPT and the central […]

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The power of personalization: How RudderStack is transforming data warehousing

Brian Njuguna — Thu, 18 May 2023 21:00:41 +0000

Since personalization drives 15 to 25% of revenue per customer, this concept continues to gain steam because it boosts satisfaction rates, market share and income growth, according to Eric Omwega (pictured), vice president of marketing and operations at RudderStack Inc. Using its Warehouse Native Customer Data Platform, RudderStack unlocks true personalization through a rich customer […]

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NeuroBlade makes SQL processing unit available to Dell Power Edge users

Duncan Riley — Wed, 17 May 2023 13:00:11 +0000

Data analytics acceleration startup NeuroBlade Ltd. today announced that its NeuroBlade SQL Processing Unit will be made available to Dell Power Edge users. The collaboration, announced at the Dell Technologies World 2023 conference in Las Vegas today, is claimed to pioneer a new standard for data analytics acceleration that speeds time to insight and improves query performance […]

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Qlik closes Talend acquisition, looks to grow its data integration footprint

Paul Gillin — Wed, 17 May 2023 03:42:19 +0000

Qlik Tech International AB today said announced it has closed its acquisition of Talend Inc., which was announced in January. The merged companies will be led by Qlik Chief Executive Mike Capone (pictured), who has spearheaded a campaign to build a data integration, data quality and analytics presence in large part through 10 acquisitions over the […]

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VeeamON: What to expect at Veeam Software’s event for data recovery experts

Zeus Kerravala — Tue, 16 May 2023 22:44:50 +0000

Veeam Software Inc.‘s user event, VeeamON, running May 22-25 in Miami, is an important one because Chief Executive Anand Eswaran (pictured) has been at the helm for almost a year and a half and has now had time to put his fingerprints on the company. Looking back, it has been a successful year for Veeam, […]

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HPE Ezmeral refresh broadens open-source support and now works with objects and streams

Paul Gillin — Tue, 16 May 2023 13:00:35 +0000

Hewlett Packard Enterprise Co. today is simplifying its Ezmeral data analytics portfolio, brushing up the user interface, expanding the selection of open-source tools it offers, integrating object and streaming data sources, and improving interoperability across multiple clouds. The company says it’s attacking the problem of data silos by offering a complete data and analytics platform […]

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Confluent buffs up its cloud with data quality controls and managed connections

Paul Gillin — Tue, 16 May 2023 07:30:01 +0000

Confluent Inc., a provider of real-time data streaming tools based on Apache Kafka, today is using its London-based Kafka Summit to announce new capabilities in its Confluent Cloud that address data quality issues. The company is also simplifying the process of building connectors to third-party data sources, making it easier for customers to share streams […]

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Making data accessibility faster and friendly using distributed query insights

Brian Njuguna — Thu, 11 May 2023 20:45:45 +0000

Even though data is at the epicenter of decision-making in enterprises, its accessibility continues to be a burning issue. By connecting different data sources simultaneously, Trino — a high-performance, distributed SQL query engine for big data — makes data queries less painful and acts as a solitary point of access for faster analytics, according to […]

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Amplitude stock drops on lower-than-expected revenue outlook

Duncan Riley — Wed, 10 May 2023 02:07:43 +0000

Amplitude Inc. fell in after-hours trading today after the behavior-tracking firm said its second-quarter revenue would be lower than what analysts expected. For its first quarter that ended March 31, Amplitude reported a loss before costs such as stock compensation of four cents per share, down from a loss of seven cents per share in the […]

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MariaDB brings its Xpand distributed DBMS to PostgreSQL users

Paul Gillin — Tue, 09 May 2023 21:09:46 +0000

MariaDB plc today said it will make its Xpand distributed database management system available to PostgreSQL users in addition to its own customer base. “Our vision is to take databases to new heights of scale and resilience, in any cloud at a fraction of the cost of competitors,” said Chief Executive Michael Howard, in a statement. […]

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ThoughtSpot broadly enhances its BI platform and adds intelligent mobile client

Paul Gillin — Tue, 09 May 2023 16:00:59 +0000

Business intelligence platform provider ThoughtSpot Inc. today is broadly enhancing its core application and launching a new mobile client. New capabilities include expanded search options, additional connections to data sources and platforms, new ways to collaborate on analytics and options to deliver information without requiring a user login. ThoughtSpot, which has raised more than $663 […]

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Informatica adds GPT support and cloud migration enticements for on-premises customers

Paul Gillin — Tue, 09 May 2023 13:00:09 +0000

Informatica Corp. is doubling down on its Intelligent Data Management Cloud with a series of announcements today at its Informatica World conference in Las Vegas. They include expanded artificial intelligence capabilities, vertical market features and a broader scope of master data management products. The announcements come as the company is completing what it says is […]

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Tableau refreshes its visualization platform with GPT added

Paul Gillin — Tue, 09 May 2023 12:00:00 +0000

The Tableau Software subsidiary of Salesforce Inc. today added generative pre-trained transformer technology of the type used in the popular ChatGPT question-answering application to its core data visualization platform. The company cited its own research that found that 80% of senior information technology leaders believe generative artificial intelligence will help their organizations make better use of […]

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Palantir shares surge on earnings and revenue beat, second quarter of profit

Duncan Riley — Mon, 08 May 2023 23:37:57 +0000

Shares in Palantir Technologies Inc. surged in late trading after the big-data analytics company beat analysts’ expectations and reported its second profitable quarter. For its first quarter that ended March 31, Palantir reported earnings of five cents a share before costs such as stock compensation, up from two cents in the same quarter of last […]

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Simplifying object storage for streamlined data management and cost efficiencies

Alice Gillin — Thu, 04 May 2023 15:17:42 +0000

The data landscape is experiencing massive shifts, with exponential growth and the size of active workloads exploding. With artificial intelligence gaining popularity as well, innovations the likes we’ve never seen before are occurring right before our eyes. Object storage has become primary storage, with Kubernetes now playing a huge role in orchestrating large workloads. “With […]

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Cloud growth drives Confluent’s impressive earnings and revenue beat

Mike Wheatley — Thu, 04 May 2023 00:28:01 +0000

Big-data streaming company Confluent Inc. delivered a strong earnings and revenue beat as it posted its first-quarter financial results today, sending its stock higher in late trading. The Mountain View, California-based company reported a net loss of $152.6 million, rising from the $112.9 million loss it posted one year earlier. Losses before certain costs such […]

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Oracle introduces new analytics features for its Autonomous Data Warehouse

Maria Deutscher — Wed, 03 May 2023 08:00:10 +0000

Oracle Corp. early today debuted a new version of its Autonomous Data Warehouse platform that promises to simplify enterprise analytics projects, as well as reduce costs. Companies use the Autonomous Data Warehouse to analyze their business information for useful insights. According to Oracle, the platform lends itself to tasks such as tracking subsidiaries’ financial performance […]

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Kinetica adds ChatGPT front-end to its high-speed analytical database

Paul Gillin — Tue, 02 May 2023 12:00:42 +0000

Kinetica DB Inc., the developer of a real-time analytic database for time-series and spatial workloads, today announced that it has integrated its analytic database with OpenAI LP’s ChatGPT generative artificial intelligence engine to enable users to compose SQL queries using natural language. The company said users can now ask any question about their own data, […]

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Alteryx delivers mixed earnings results as it plans to cut 11% of its staff

Mike Wheatley — Fri, 28 Apr 2023 01:35:14 +0000

Big-data company Alteryx Inc.’s shares fell sharply in extended trading today after it delivered mixed results in its first-quarter earnings report and offered weak guidance for the months ahead. The report came as Alteryx announced a “workforce reduction plan” in which it will lay off 11% of its staff. The company reported a first-quarter net […]

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Enterprise DB entices Oracle users to move to Postgres

Paul Gillin — Thu, 27 Apr 2023 13:00:41 +0000

EnterpriseDB Corp., which sells a commercial version of the popular open-source Postgres database management system, today is announcing a program that helps qualifying organizations easily migrate from Oracle Corp. databases to Postgres. The EDB Guaranteed Postgres Migration program is aimed at organizations and divisions of organizations in North America and Europe that are attempting their […]

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Three insights you might have missed from the QlikWorld 2023 event

Ryan Stevens — Wed, 26 Apr 2023 17:07:16 +0000

The data integration and analytics space is undergoing a significant evolution, making the recent QlikWorld event in Las Vegas a timely opportunity to hear from industry experts and companies about where they see the industry headed next. Enterprises are shifting from an application-centric model — that is, having data locked within an app — to […]

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JBS unlocks new data value areas amid continued expansion

Victor Dabrinze — Fri, 21 Apr 2023 18:57:11 +0000

It’s imperative for today’s businesses to leverage their data resources in making crucial company-wide decisions. To achieve that, JBS S.A. shed inefficient data analysis techniques in favor of newer, purpose-built, cloud-driven solutions. “I think [for] any business to succeed, it needs to be able to have an analyst platform,” said Steph Robinson (pictured, left), Qlik manager at JBS. “One […]

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The future of analytics: Changing the paradigm of analytics through predictive and prescriptive insights

Brian Njuguna — Fri, 21 Apr 2023 17:14:59 +0000

With data becoming the backbone of an organization’s operations, analytics are becoming even more valuable to produce meaningful insights. By enriching the visualization framework with different analytic capabilities, QlikTech International AB seeks to bridge the gap between data practitioners and users and the catalog, according to James Fisher (pictured), chief product officer of Qlik. “I […]

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