Big Data – SiliconANGLE

Why Databricks vs. Snowflake is not a zero-sum game

Dave Vellante with Erik Bradley — Sat, 27 Jul 2024 17:00:41 +0000

Three main pressure points are transforming the modern data landscape: 1) Increased interest in adopting open table formats to allow any compute to operate on any data; 2) The point of control is shifting from the database management system to the governance layer; and 3) AI is enabling the emergence of a new class of […]

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Data gravity in the age of generative AI: Navigating the centralization dilemma for enhanced efficiency and innovation

Brian Njuguna — Wed, 24 Jul 2024 18:00:54 +0000

With the exponential growth of data, the pace of innovation and evolving governance needs, the concept of data gravity becomes more pressing than ever. Enterprises face the critical decision of whether to centralize their data or adopt an open format, particularly as generative artificial intelligence continues to advance. Choosing the right data gravity center is […]

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The Data Whisperer on crafting data management to meet business goals

Devony Hof — Wed, 24 Jul 2024 16:03:49 +0000

In an era where artificial intelligence is transforming industries, the critical role of data storytelling is more vital than ever. Despite the heightened focus on data management, many data leaders still face significant challenges in securing the necessary funding and resources to organize their company’s data effectively. This struggle highlights the ongoing battle to bridge […]

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Revolutionizing decision-making: Embracing data as a product with design thinking and AI

Brian Njuguna — Wed, 24 Jul 2024 15:03:20 +0000

As data continues to be at the epicenter of better decision-making in organizations, viewing data as a product should be part of the compass for enhanced value acceleration. For data to materialize as a product, design thinking is essential because information should be shared in a standardized way using a mesh framework, according to John […]

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Blue Yonder and Snowflake tackling supply chain challenges with AI and data cloud

Brian Njuguna — Tue, 23 Jul 2024 20:41:50 +0000

Since supply chains are accustomed to a siloed data environment, running them in a coordinated way is an uphill task, and this is why a data cloud for supply chain is needed. Through a unified platform and data cloud, Blue Yonder Inc. offers interoperable and resilient supply chain solutions through end-to-end connectivity with the help […]

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Mastering data governance: Insights from Fidelity Investments on scaling and emerging technologies

Sead Fadilpasic — Tue, 23 Jul 2024 16:17:45 +0000

The field of data and analytics is rapidly growing and evolving, requiring creativity, skill and a deep understanding of emerging technologies, particularly in data governance. Advanced strategies for scaling, data governance and the balance between art and science in data processing are at the forefront of current discussions. These innovations not only enhance the efficiency […]

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Iterative debuts DataChain for curating and processing unstructured data with AI models

Mike Wheatley — Tue, 23 Jul 2024 13:00:25 +0000

A startup called Iterative Inc., which is focused on helping to improve and streamline workflows for artificial intelligence engineers, today announced a new open-source tool called DataChain that it says will transform the way unstructured data is curated, processed and evaluated, by using large language models. The company explains that unstructured data is vital for […]

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From data governance to AI: TheCUBE analysts discuss challenges and solutions in data management

Chad Wilson — Thu, 18 Jul 2024 22:00:40 +0000

The rise of sophisticated data management solutions is transforming the role of chief data officers as businesses navigate a landscape increasingly dominated by artificial intelligence and complex data governance challenges. Despite the rapid advancement of technology, fundamental issues such as data accessibility, security and organizational processes remain persistent hurdles. As companies strive to address these […]

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Unified metadata models pave the way for advanced data governance

Chad Wilson — Thu, 18 Jul 2024 21:30:24 +0000

Unified metadata models are emerging as a cornerstone in the changing landscape of data management, highlighting the critical need for integrated frameworks that ensure data accessibility, security and value creation. As businesses increasingly leverage artificial intelligence and interconnected data systems, the focus is shifting toward avoiding infrastructure pitfalls and achieving seamless data integration. This shift […]

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From back office to boardroom: Chief data officers lead the charge in data-driven transformation

Chad Wilson — Thu, 18 Jul 2024 18:36:42 +0000

The chief data officer is increasingly taking center stage in the fast-paced realm of data management and artificial intelligence. The CDO role has evolved from behind-the-scenes functions to key leadership positions, driving crucial data initiatives and ensuring top-notch data quality for informed decision-making. As AI becomes more embedded in business processes, the need for high-quality […]

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Hybrid cloud data management startup CTERA Networks targets AI workloads after raising $80M

Mike Wheatley — Wed, 17 Jul 2024 12:00:38 +0000

Hybrid cloud data management startup CTERA Networks Ltd. said today it’s aiming to expand its presence in the “data intelligence” business after closing on an $80 million funding round. Today’s investment was led by PSG Equity, whose managing director Ronen Nir is joining its board of directors, alongside representatives from existing investors such as Benchmark, […]

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Democratizing data access: How Seek AI is changing information retrieval with generative AI

Brian Njuguna — Tue, 16 Jul 2024 16:29:24 +0000

Even though data is the lifeblood of enterprises, its retrieval is at times cumbersome, and this is why democratizing data access with artificial intelligence is becoming the new kid on the technology block. As a result, Seek AI Inc. has heeded this call since it democratizes data access by leveraging proprietary generative AI models and […]

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Unlocking AI potential with effective cloud-based data modeling

Sead Fadilpasic — Tue, 16 Jul 2024 16:01:14 +0000

In today’s data-driven world, the key to unlocking the true potential of data lies in effective cloud-based data modeling. The ability to structure, share and collaborate on data models in real-time is revolutionizing how organizations manage and utilize data. Cloud-based solutions are at the forefront of this transformation, providing scalability, sharability and integration that traditional […]

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Streamlining business intelligence: Empowering users with AI-driven tools

Sead Fadilpasic — Tue, 16 Jul 2024 15:23:29 +0000

In the changing landscape of data integration and business intelligence, companies are increasingly turning to solutions like Snowflake’s data cloud integration to streamline data accessibility and analytics. The integration of platforms such as Domo with Snowflake’s data cloud exemplifies how organizations can leverage these tools to enhance data management, improve business processes and drive strategic […]

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Breaking data silos: Fivetran and Snowflake partner for seamless AI integration

Devony Hof — Fri, 12 Jul 2024 20:15:00 +0000

Data management is the bedrock of the artificial intelligence era, so Fivetran Inc. and Snowflake Inc. are partnering to help customers bring their data together by making Fivetran a native application on the Snowflake Marketplace. Fivetran and Snowflake have a longstanding collaboration, with Fivetran helping deliver data into Snowflake’s cloud platform. The upcoming release of […]

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Salesforce powers new AI use cases with Data Cloud and integrated capabilities

Victor Dabrinze — Fri, 12 Jul 2024 15:28:10 +0000

The enterprise has transcended speculating on artificial intelligence and has moved into implementation. In doing so, companies have to figure out the combination of ancillary technologies that, when placed strategically with AI, can drive relevant use cases and business outcomes. Salesforce Inc. is leveraging a powerful trio — its Data Cloud, automation and AI — […]

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AI data reliability startup Soda Data raises $14M

Mike Wheatley — Thu, 11 Jul 2024 11:00:58 +0000

The artificial intelligence-powered data quality startup Soda Data NV said today it has closed on a new $14 million funding round, despite claiming it has already achieved financial self-sufficiency over the past 12 months. Today’s round was led by existing investors and strategic partners Singular and Point Nine. It comes around three-and-a-half years after the […]

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Alluxio says it can achieve 97% GPU utilization across a distributed filesystem

Paul Gillin — Tue, 09 Jul 2024 12:00:18 +0000

Alluxio Inc., which sells a high-performance open-source distributed filesystem, announced a set of enhancements that optimize the use of costly graphic processing units along with performance improvements that make its storage performance competitive with storage subsystems optimized for high-performance computing. Alluxio Enterprise AI Version 3.2 also adds a Python interface and improved cache management features. […]

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Merging auto racing and high-tech data enables a faster ride for everyone

Zeus Kerravala — Sun, 07 Jul 2024 21:26:49 +0000

Few things move faster than the high-tech race cars traveling the Indianapolis Motor Speedway oval. In May, American Josef Newgarden won his second consecutive Indy 500 with an average speed of 167.763 miles per hour. But Newgarden’s car may not have been the fastest thing at the old Brickyard on Memorial Day. That honor may […]

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Betamax blues: Hudi edging toward ‘also ran’ status in the data platform race

Paul Gillin — Fri, 05 Jul 2024 16:27:14 +0000

In announcing its Polaris Catalog last month, Snowflake Inc. Executive Vice President Christian Kleinerman said the product “extends Snowflake’s commitment to Apache Iceberg as the open standard of choice.” Statements like that raise the hackles of Apache Hudi adherents. They maintain their preferred open table format — whose name stands for Hadoop Upserts, Deletes and […]

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Hopsworks wants to make a splash with the industry’s first AI data lakehouse

Mike Wheatley — Fri, 05 Jul 2024 02:37:23 +0000

Swedish data lakehouse company Hopsworks AB is pitching what it says is the industry’s “first unified platform for building batch, real-time and large language model” artificial intelligence systems. In the Hopsworks 4.0 release, the company is enhancing its flagship platform with multiple new capabilities designed to help AI systems leverage real-time data, including a new […]

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Managed PostgreSQL service provider Tembo raises $14M

Paul Gillin — Wed, 03 Jul 2024 18:48:28 +0000

Tembo Data Systems Inc., operator of a PostgreSQL managed service, today said it closed a $14 million Series A funding round that brings its total financing to $20.5 million. The company says it’s developer-focused, meaning it wants to simplify the task of installing and managing PostgreSQL as well as the more than 200 extensions in […]

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Automotive lifecycle data startup Solera files for IPO, seeking to raise $1.5B

Mike Wheatley — Mon, 01 Jul 2024 01:44:19 +0000

Automotive data software startup Solera Corp. filed paperwork for an initial public offering with the U.S. Securities and and Exchange Commission on Friday, confirming an earlier report from Bloomberg that first revealed its IPO plans. The filing is another sign of investors’ slowly growing enthusiasm for first-time share offerings, following a spate of successful public […]

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SingleStore adds Iceberg support and speedier vector search

Paul Gillin — Wed, 26 Jun 2024 17:00:53 +0000

SingleStore Inc., developer of a real-time database platform that performs both transactional and analytical operations in the same engine, today announced native integration with the Apache Iceberg open-source table format and advanced search and scaling capabilities. Apache Iceberg is rapidly emerging as one of the most popular formats for storing diverse datasets. It provides transactional […]

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Open lakehouse provider Onehouse lands $35M funding round

Paul Gillin — Wed, 26 Jun 2024 16:00:52 +0000

Managed data lakehouse company Onehouse Inc. said today it has raised $35 million in a Series B funding, bringing its total funding to date to $68 million. It also launched two new products to increase lakehouse performance and reduce cloud storage and processing costs. The company sells a data lakehouse as a managed service based […]

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CData raises $350M in growth capital to enhance data connectivity solutions

Duncan Riley — Wed, 26 Jun 2024 13:00:00 +0000

Data access and connectivity solutions company CData Software Inc. today announced that it has raised about $350 million in growth capital to accelerate its investments in building innovative data integration solutions for customers. Founded in 2016, CData offers data integration solutions for real-time access to online on on-premises applications, databases and web application programming interfaces. […]

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Decoding the chess moves of Snowflake and Databricks

Dave Vellante and George Gilbert — Sat, 22 Jun 2024 20:07:00 +0000

As customers try to “get artificial intelligence right,” the need to rationalize siloed data becomes increasingly important. Data practitioners could put all their data eggs into a single platform basket, but that’s proving impractical. As such, firms are moving to an open model where they maintain control of their data and can bring any compute […]

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Finbourne raises £55M to break down financial data silos with AI

Mike Wheatley — Wed, 19 Jun 2024 02:16:58 +0000

U.K.-based financial data management startup Finbourne Technology Ltd. said today it has closed on a £55 million ($70 million) middle-stage funding round to help make life easier for investment managers and financial institutions by providing them with artificial intelligence-powered insights. Today’s Series B round was led by Highland Europe and AVP, and comes after the […]

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Three insights you might have missed from theCUBE’s coverage of Data + AI Summit

Devony Hof — Wed, 19 Jun 2024 01:03:16 +0000

The competition in the data industry is intensifying as Databricks Inc. vies for dominance. The company has thrown down the gauntlet by open-sourcing its Unity Catalog. Data giants Databricks and Snowflake Inc. hosted events within a week of each other. Last week’s Data + AI Summit showcased Databricks’ increasing momentum and emphasis on collaboration. More than 66% […]

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Multi-model database startup SurrealDB raises $20M and announces cloud beta access

Mike Wheatley — Tue, 18 Jun 2024 13:00:18 +0000

Open-source database startup SurrealDB Inc. said today it has closed on a $20 million funding investment that will fund its ambitions to disrupt the big data industry. The round, led by FirstMark and Georgian with participation from Crew Capital and Alumni Ventures, brings the company’s total amount raised to date to $26 million. The startup […]

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